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Technical analysis 23.07.18

EURUSD

The pair is trading within the existing range. The tendency is likely to remain until the ECB monetary policy meeting this Thursday. Due to this it’s possible to assume that the pair may correct downwards today.

The price is above the lower Bollinger band, below SMA 5, but above …

Technical analysis 20.07.18

EURUSD

The pair didn’t pass 1.1670 due to Donald Trump’s expressed dissatisfaction with the USD rate on Thursday and now is trading below this level. The pair is likely to continue its local decline while still trading flat.

The price is below the lower Bollinger band, below SMA 5, but …

Technical analysis 19.07.18

EURUSD

The pair is trading in downtrend above 1.1615 due to stronger USD positions following Jerome Powell’s speech in the Senate. This tendency is expected to remain today.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and …

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