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EUR/USD bullish start, above weekly Tenkan at 1.0953

Source: Thomson Reuters EUR/USD price so far above weekly Tenkan at 1.0953 after huge US NFP miss Fri Bullish start, hefty shorts, weekly close above 23.6% of Oct-Mar slide at 1.1031 would target 1.1385 Wide, oversold we…

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EUR/USD bullish start, above weekly Tenkan at 1.0953
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Source: Thomson Reuters


  • EUR/USD price so far above weekly Tenkan at 1.0953 after huge US NFP miss Fri

  • Bullish start, hefty shorts, weekly close above 23.6% of Oct-Mar slide at 1.1031 would target 1.1385

  • Wide, oversold weekly Bolli spreads begin tightening, hint at revert to 21-WMA

  • Dudley on the wire after bad data, hits from strong USD & oil patch weakness

  • COT net spec short EUR posis made post EUR-crisis highs last week

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