EURUSD
The pair is in a downtrend after reaching another local maximum point last week. The local decline is likely to continue if the double top pattern is formed.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is passing the level of 50% …
EURUSD
The pair is trading at the local maximum due to the investors' negative attitude towards the US dollar which is caused by the fact that all the USD supporting factors have already been in action. Those are the interest rate increase and the tax reform. USD is literally on …
EURUSD
The pair is unlikely to show a significant change in price today, as it is influenced not just by the decline in the market players' interest to trade during the Christmas week, but also the holiday season in the largest European countries, where trading is currently closed.
The price …
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