EURUSD
The pair is trading at the new local maximum point as the ECB is expected to abandon the economic stimulus policy this year. However, the pair is strongly technically overbought, which may result in a decline if today’s consumer inflation data in Germany doesn’t display any positive tendency.
The …
EURUSD
The pair is trading above the mark of 1.2200 as the US dollar weakens, while the ECB is expected to stop the stimulation of economy this year.
The price is above the middle line of the borders of Bollinger bands, above EMA 5 and EMA 13. RSI is in …
EURUSD
The pair is trading within the range of 1.915–1.2075, closer to its upper edge following the release of the weak industrial inflation data in the US this Thursday. If today’s figures on the consumer inflation turn out to be weaker than predicted, the pair is likely to go further …
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