In light of preliminary figures for EUR futures markets from CME Group, open interest reversed the recent uptrend and shrunk by nearly 2.4K contracts on Monday. In the same direction, volume went down by almost 5K contracts, reversing the previous build. EUR/USD does not rule out a test of the 100-day SMA EUR/USD is now challenging the 21-day SMA in the 1.1080 zone, prolonging the rebound for yet another session amidst declining open interest and volume. That said, a test of the key 100-day SMA at 1.1091 should not be ruled out ahead of a potential correction lower. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP Futures: room for further gains FX Street 3 years In light of preliminary figures for EUR futures markets from CME Group, open interest reversed the recent uptrend and shrunk by nearly 2.4K contracts on Monday. In the same direction, volume went down by almost 5K contracts, reversing the previous build. EUR/USD does not rule out a test of the 100-day SMA EUR/USD is now challenging the 21-day SMA in the 1.1080 zone, prolonging the rebound for yet another session amidst declining open interest and volume. That said, a test of the key 100-day SMA at 1.1091 should not be ruled out ahead of a potential correction lower. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
