Friday, October 16, 2026

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EUR/USD add to gains, breaks Apr 10 high

Source: Thomson Reuters EUR/USD short squeeze grows in stature post-sale data miss Pair add to gains, breaks Apr 10 high, now eyes 1.0765/98 (10-DMA, 4/9 high, 21-DMA) Day RSI biased up & yield spreads narrow, more squee…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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Source: Thomson Reuters


  • EUR/USD short squeeze grows in stature post-sale data miss 

  • Pair add to gains, breaks Apr 10 high, now eyes 1.0765/98 (10-DMA, 4/9 high, 21-DMA)

  • Day RSI biased up & yield spreads narrow, more squeeze may be due

  • HF & leveraged names sell USD as market tempers Fed lift-off thoughts

  • IMF cutting US 2015 growth forecast adds weight to USD

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By FxWirePro Team