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Forex: technical overview 13.03.18

EURUSD

The pair is consolidating above 1.2285 as the US consumer inflation data is expected to be released. If the data isn’t worse than predicted, a local decline of the pair will be expected.

The price is on the middle line of the borders of Bollinger bands, on the level …

Forex: technical overview 12.03.18

EURUSD

The pair has found support on the level of 1.2290 as it’s still uncertain what the ECB is going to do with the economic stimulus program this year. The uncertainty on the markets also keeps the pair from going either upwards or downwards.

The price is below the middle …

Forex: technical overview 07.03.18

USDCAD

The pair has found support on the level of 1.2870 as the Bank of Canada isn’t likely to hint at a possible active interest rates raise later this year. The raise isn’t expected today either. The pair may receive additional support due to Trump’s tariff increase in the US …

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