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Technical analysis 06.08.18

EURUSD

The pair is trading in downtrend against the backdrop of the stronger USD position due to the results of the Fed meeting and last week’s employment data. However, the pair may slightly recover today if the eurozone data is favorable.

The price is below the middle Bollinger band, below …

Technical analysis 03.08.18

EURUSD

The pair remains within the range of 1.1580–1.1745, but is likely to resume falling today after the release of strong employment and average wage data from the US if they don’t turn out to be worse than predicted.

The price is below the middle Bollinger band, below SMA 5 …

Technical analysis 02.08.18

EURUSD

The pair remains within the range of 1.1585–1.1745, while moving down to its lower border following the result of the Fed’s meeting which proved positive for the USD. The decline is likely to continue.

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

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