eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• NY opened near 1.1150 after 1.1177-1.1136 traded overnight
• Early rally toward 1.1155 met sellers as USD, US yields
rallied
• The pair then fell even as gold, silver, stocks rallied & USD/CNH neared 6.6635
• EUR/USD fell below 1.1140 during NY's afternoon, traded down -0.30%
• Techs are bearish; RSIs indicate downward momentum, pair below 10- & 21-DMAs
• Widening Bollinger bands reinforce the bearish tech
signals
eurusd

(Christopher Romano is a Reuters market analyst. The views expressed are his own)