USDCHF
The pair is trading above 0.9850 while remaining under pressure as the investors’ risk appetite is decreasing due to the growing concern over the world economy’s not only slowing growth, but even a possible decline.
The price is below the lower Bollinger band, below SMA 5 and SMA 14. …
EURUSD
The pair is trading above the level of 1.1500. It received local support due to the partial profit taking amid the closing of short positions. The pair may resume its limited recovery or reverse downwards again.
The price is above the middle Bollinger band, above SMA 5 and SMA …
EURUSD
The pair is trading below 1.1500. It’s affected negatively by the likelihood of escalating debt crisis in Italy and Greece, while the USD positions grow stronger amid the continuing US government bonds rally.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI …
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