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Forex: technical overview 24.01.18

EURUSD

The pair has breached the upper end the price range of 1.2165–1.2300 against the background of the positive economic data from the eurozone and Germany and following the announcement of Jerome Powell being appointed as the Chair of the Fed by the US Senate.

The price is above the …

Forex: technical overview 23.01.18

GBPUSD

The pair is in a short-term uptrend as the Brexit negotiations are expected to end soon and the Bank of England will have to keep raising the interest rates.

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

Forex: technical overview 22.01.18

USDJPY

The pair is within the range of 110.30–111.45. The market players are waiting for the Bank of Japan to reveal the results of their monetary policy meeting this Tuesday. The pair is likely to remain in its current state until this event.

The price is below the middle line …

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