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Technical analysis 31.10.18

EURUSD

The pair is trading on the level of 1.1340 following the release of data indicating a slowdown of the European economy, and the announcement of the German chancellor Angela Merkel that she would not seek reelection as leader of her party. 

The price is below the middle Bollinger band, …

Technical analysis 30.10.18

EURUSD

The pair is trading below 1.1390, while consolidating in the expectation of consumer inflation data in the eurozone and employment data in the US that will be released this Friday.

The price is below the middle Bollinger band, a little above SMA 5 and SMA 14. RSI is below …

Technical analysis 29.10.18

EURUSD

The pair is trading above 1.1380. Today, the market is awaiting the publication of the US inflation data. If they confirm the inflation growth in the country, it may put pressure on the pair.

The price is below the middle Bollinger band, on the level of SMA 5, but …

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