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EURUSD Technical Analysis 29.05.2017

EURUSD

The pair keeps gradually decreasing amid the possible US interest rate increase during the meeting on 13-14 June. It also reacts to the technical signal — the divergence between oscillators and the price.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides …

EURUSD Technical Analysis 25.05.2017

EURUSD

The pair is consolidating above the 1.1200 level, but there is a possibility of it turning downwards amid the high overbought state and the technical signal on the divergence between the price and the oscillators. High probability of the US interest rate increase in June also puts the pair …

EURUSD Technical Analysis 24.05.2017

EURUSD

The pair is trading higher than 1.1165 after reached the local 6-month record amid the overall weakness of the US dollar and elections in France. Nevertheless, the pair remains being highly overbought, which will cause a fall amid the probable US interest rate hike. 

The price is lower than …

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