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GBPUSD Technical Analysis 21.03.2017

GBPUSD

The pair is consolidating above 1.2335. If the governor of the Bank of England M. Carney mentions the possible future problems the country may encounter when exiting the European Union in his comment today, the Pound may fall under pressure.

The price is on the middle Bollinger band, lower …

EURUSD Technical Analysis 20.03.2017

EURUSD

The pair is trading under 1.0780 level, on  the still remaining hopes that Macron will win the election in France, as it may lower the risks of eurosceptics taking power in Europe, which may push the ECB to reduce stimuli, which, in its turn, will support the Euro. 

The …

EURUSD Technical Analysis 16.03.2017

EURUSD

The pair is trading above the 1.0710 area. The price has risen, reflecting the results of the Fed. meeting, where the plans to increase the interest rate two more times this year were indicated. Nevertheless, the possibility of more active interest rate increase was not confirmed. Despite that, we …

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