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Technical analysis 18.06.18

EURUSD

The pair is trading above 1.1575 following a small upwards correction. The general pressure of the USD remains, while the prospect of the Fed and the ECB monetary policies diverging isn’t in favor of the American currency. Considering this, the further decline of the pair is expected.

The price …

Technical analysis 15.06.18

EURUSD

The pair is trading above 1.1550 as the eurozone consumer inflation data is expected to be released. If the data turns out to be strong, the pair may go upwards to 1.1520, but most probably it will resume its fall even against the background of positive data. However, if …

Technical analysis 14.06.18

EURUSD

The pair is trading above 1.1800. The ECB monetary policy meeting is in the market’s spotlight. If the outcome indicates a pause in the decision to abandon the economic stimulus measures this September, a local fall of the pair should be expected.

The price is above the middle Bollinger …

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