EURUSD
The pair is trading above 1.1640 as the US GDP data for the second quarter is expected to be very strong. It may indicate the growth of 4.1% against 2.0%. If the figures don’t turn out worse than predicted, the pair may return to the downtrend.
The price is …
EURUSD
The pair is trading below 1.1750 as the results of the ECB meeting are expected to be revealed. If the ECB underlines the concern over the eurozone’s economy in light of the trade wars, it may put the pair under pressure. At the same time, optimism caused by the …
EURUSD
The pair is trading within the range of 1.1635–1.1745 as the trade war between the US and China escalates and the results of the ECB Thursday monetary policy meeting are expected to be revealed.
The price is on the middle Bollinger band, above SMA 5, but below SMA 14. …
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