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EURUSD Technical Analysis 23.05.2017

EURUSD

The pair is trading higher than the 1.1225 level amid the speculative buying of euro. From a technical standpoint, it is strongly overbought and has all chances to turn downwards and fall considerably due to the positive data on the employment in the US, publication of the minutes of …

EURUSD Technical Analysis 22.05.2017

EURUSD

The pair is trading higher than 1.1170. It is supported by a local weakness of the US dollar, which is formed amid the political scandals around D. Trump. But we must admit that from the technical standpoint, the pair is strongly overbought and if the markets become calmer and/or …

EURUSD Technical Analysis 19.05.2017

EURUSD

The pair is trading at the 1.1110 level. If the price falls lower, it can cause its local fall amid the rise in the expectations of the US interest rate increase in June.

The price is higher than the middle Bollinger band, lower than SMA5, but higher than SMA14. …

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