The US dollar is moving in a tight range slipping towards the Asian session to see its third session retreat since December 20 against the Japanese Yen following the economic developments and data released by the Japanese economy, the third largest economy in the world and on the eve of …
EURUSD
The pair is consolidating above 1.1290 in anticipation of the results of the ECB monetary policy meeting. If the bank’s resolution doesn’t indicate any new concerns over the condition of the EU economy, a local growth will be expected, while if there are negative overtones, the pair may resume …
EURUSD
The pair is consolidating above 1.1290 in anticipation of ADP employment report in the US, Brexit updates and the eurozone statistics.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is nearing the oversold territory and indicates weaker decline. Stoch are still moving …
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