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Forex: technical overview 19.01.18

EURUSD

The pair is within the range of 1.2165–1.2300. The market players are waiting for the results of the ECB meeting next week. The current state of affairs is likely to last until this event.

The price is above the middle line of the borders of Bollinger bands, above EMA …

Forex: technical overview 18.01.18

EURUSD

The pair is trading at the support level of 1.2200. The market is taking a break while waiting for the new economic statistics data. The consolidation is likely to last until the end of the current week, but at the same time, the pair may also decrease.

The price …

Forex: technical overview 17.01.18

EURUSD

The pair is trading above the support level of 1.2200, but if today’s consumer inflation data in the eurozone turn out to be weak, the price may fall.

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

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