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Forex: technical overview 01.03.18

EURUSD

The pair has formed the classic Double Top reversal pattern. The tendencies are generally positive and will continue pressuring the pair.

The price is below the middle line of the borders of Bollinger bands, above EMA 5, but below EMA 13. RSI is leaving the oversold zone. Stochastic oscillators …

Forex: technical overview 28.02.18

EURUSD

The pair is consolidating above the mark of 1.2200 as the US dollar’s positions strengthen following yesterday’s speech of the Fed Chair, Jerome Powell, in the US Congress.

The price is on the lower line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is …

Forex: technical overview 27.02.18

EURUSD

The pair is consolidating within the range of 1.2270–1.2355. If Jerome Powell’s monetary policy statements turn out to be hawkish, then a local decline of the price should be expected.

The price is above the middle Bollinger band, above EMA 5 and EMA 13. RSI is on the level …

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