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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 …

Technical analysis 26.10.18

EURUSD

The pair is trading below 1.1380. It’s under pressure after the ECB meeting indicated that the bank is going to be extremely careful in its monetary policy, which points to its softer variant. Another source of pressure for the pair is the USD getting stronger as a safe haven …

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