Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 10 - 07:55 AM

EUR/USD - REFILE-BUZZ-EUR/USD Returns To Neutral Ground

By Jeremy Boulton  —  Oct 10 - 06:00 AM

Adds chart

  • EUR/USD rises to 1.0611 EBS on Tuesday Oct 10

  • Oct 10 range 1.0555-1.0611 is a step up from Monday's 1.0520-74 EBS

  • EUR/USD drop was stretched below base 20-day Bollingers on Oct 2/3

  • Subsequent rebound alleviates the oversold situation

  • EUR/USD is now trading slightly above the centre 20-day Bollingers

  • Targets for a larger upside correction are 1.0643 and 1.0764

  • Rising gas prices spell trouble for the euro nL1N3BG0NI

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved
!