{"id":1091,"date":"2021-05-11T12:02:32","date_gmt":"2021-05-11T15:02:32","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1091"},"modified":"2021-05-11T12:02:34","modified_gmt":"2021-05-11T15:02:34","slug":"eur-usd-comment-eur-usd-rally-faces-risk-from-us-real-yields","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/05\/11\/eur-usd-comment-eur-usd-rally-faces-risk-from-us-real-yields\/","title":{"rendered":"EUR \/ USD &#8211; COMMENT-EUR \/ USD Rally Faces Risk From US Real Yields"},"content":{"rendered":"\n<p>EUR \/ USD rose to a 52-session high on Tuesday but stumbled ahead of its February 26 daily high,&nbsp; resulting in erosion of some gains as emerging risks from US real yields threatened to hinder its progress.<\/p>\n\n\n\n<p>U.S. 10-year TIPS yields and EUR \/ USD are negatively correlated.&nbsp;<\/p>\n\n\n\n<p>Real U.S. rates peaked at -0.528% on Feb.<\/p>\n\n\n\n<p>25 and lingered just below there for most of March before falling sharply.&nbsp;<\/p>\n\n\n\n<p>The slide pierced the 76.4% Fibo of the January-February rally and hit -0.983% Monday and Tuesday.&nbsp;<\/p>\n\n\n\n<p>Real yields fell EUR \/ USD rallied just under 4.1% off its March 31 low to trade at 1.21815 on EBS on Tuesday.&nbsp; U.S. real yields rallied back above the 76.4% Fibo of the January-February decline and Monday&#8217;s daily high.&nbsp; generating bullish tech signals for real yields.&nbsp;<\/p>\n\n\n\n<p>A daily bull engulfing candle formed and daily RSI diverged on Tuesday&#8217;s low.&nbsp;<\/p>\n\n\n\n<p>Both signals occurred near the 76.4% Fibo, enhancing their significance.&nbsp;<\/p>\n\n\n\n<p>The 76.4% level is also a level at which trends either correct or reverse.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/plus.efxdata.com\/news\/213bda6b5cd8d40b7cb361641d061bb9\/eurusd5-11-2021_209-41-36_20AM.jpg_0.jpeg?v609a9960\" alt=\"\"\/><\/figure>\n\n\n\n<p><em>Source: <a rel=\"noreferrer noopener\" href=\"https:\/\/plus.efxdata.com\/news\/insights\" data-type=\"URL\" data-id=\"https:\/\/plus.efxdata.com\/news\/insights\" target=\"_blank\">https:\/\/plus.efxdata.com\/news\/insights<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR \/ USD rose to a 52-session high on Tuesday but stumbled ahead of its February 26 daily high,&nbsp; resulting in erosion of some gains as emerging risks from US real yields threatened to hinder its progress. U.S. 10-year TIPS yields and EUR \/ USD are negatively correlated.&nbsp; Real U.S. rates peaked at -0.528% on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1091","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1091"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1091\/revisions"}],"predecessor-version":[{"id":1093,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1091\/revisions\/1093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1092"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}