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Forex Signal For EUR/USD: Control in Bearish Market as Bond Yields Rise

Forex Signal For EUR/USD: Control in Bearish Market as Bond Yields Rise Forex Signal For EUR/USD: Control in Bearish Market as Bond

Forex Signal For EUR/USD: Control in Bearish Market as Bond Yields Rise
Yazar: Ross Sutton

Yayınlanma: 29 Eylül 2021 11:02

Güncellenme: 19 Kasım 2024 19:21

Forex Signal For EUR/USD: Control in Bearish Market as Bond Yields Rise

    Forex Signal For EUR/USD: Control in Bearish Market as Bond Yields Rise The path of least resistance for the pair is to the downside.  

Bear Market Outlook

 
  • Set a sell-stop at 1,1665 and a take-profit at 1,1550.
  • Add a stop-loss at 1,1750.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Control in Bearish Market as Bond Yields Rise

 

Bull Market Outlook

 
  • Set a buy-stop at 1,1700 and a take profit at 1,1800.
  • Add a stop-loss at 1,1600.
  As global risks continue to rise and US bond yields rise, the EUR/USD slumped in the overnight session, while the pair fell to 1,1667 after relatively weak US consumer confidence data.   eurusd-29092021  

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