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Forex: technical overview 04.04.18

EURUSD

The pair is consolidating above the mark of 1.2255. There’s a strong probability of a local growth prompted by the eurozone consumer inflation news if they are favorable for the euro. However, it may fall if the figures turn out to be worse than predicted, and in case of …

Forex: technical overview 03.04.18

EURUSD

The pair is restoring following the surge of futures contracts on major American stock indices, which is a result of China increasing tariffs on US imports yesterday.

The price is above the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is testing …

GBPUSD technical analysis 02.04.18

GBPUSD

The pair has found support at the level of 1.4010 and may continue its local growth while remaining within the range of 1.4010–1.4115. The pair is still receiving support due to the fast resolution of Brexit crisis and the likelihood of the Bank of England raising the interest rates …

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