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Forex: technical overview 06.03.18

EURUSD

The single currency receives support due to Donald Trumps’s effort to increase customs duties on the import of metals in the US. This problem will also be discussed on NAFTA negotiations. However, this process is likely to be drawn out, while the investors will turn their attention to ADP …

Forex: technical overview 05.03.18

EURUSD

The pair is testing the level of 1.2275 as the profitability of the US government bonds rises, while the market expects the Fed to raise the rates.

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

Forex: technical overview 02.03.18

EURUSD

The pair is trading above 1.2250 as the profitability of the US government bonds fell dramatically yesterday. However, today the bonds’ prices are growing, which may support the USD together with the high expectations concerning the Fed’s rates.

The price is above the middle line of the borders of …

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