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Technical analysis 01.06.2018

EURUSD

The pair is consolidating above the level of 1.1665. The markets are waiting for the US employment data to be released. If it’s better than predicted, it will support the USD rate.

The price is above the middle line of the borders of Bollinger bands, below EMA 5, but …

Technical overview 31.05.2018

EURUSD

The pair is in uptrend as the USD is weakened as a timely resolution of the trade conflict between the US and China is no longer expected, while the new edition of the US GDP data for the 1st quarter is weaker than predicted.

The price is above EMA …

Technical overview 30.05.2018

EURUSD

The pair is in downtrend against the backdrop of the ongoing political crisis in Italy and Spain. The expected raise of the interest rates in the US also puts the pair under pressure, which strengthens the positions of the USD.

The price is below the middle line of the …

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