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EURUSD Technical Analysis October 10th

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

EURUSD Technical Analysis October 10th

The Catalan crisis is not Spain's internal issue, but one that is a threat to the EU project. However, there are no signs of stress in the EURUSD market.

Positive Germany Import, Export and Trade Balance data triggered short term upwards movement.

In our Yesterday's analysis, we wrote: " EURUSD ended above Tenkan sen, however, it is still below the SMA 50. If the price can move up to upper channel of Bollinger Bands, we can see an attempt of testing 1.18000 on Monday."

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This article was written by Emre Tutucu for http://www.fxters.com/eurusd-technical-analysis-october-10th/ on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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