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Forex: technical overview 22.12.17

EURUSD

The pair is trading down following the victory of pro-independence candidates in recent Catalan parliament election. This event is likely to continue having a downward effect on the single currency.

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

Forex: Technical overview 21.11.17

EURUSD

The pair is correcting downwards after reaching a local maximum point following Donald Trump’s decision to postpone the passing of the new tax code until the beginning of the next year. It’s quite likely to continue falling.

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

EURUSD Technical analysis 20.12.17

EURUSD

The pair is within the range of 1.1735–1.1840–50, where it’s likely to remain until the end of the current pre-Christmas week.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the overbought zone. Stoch are already there.

Trading recommendations:

If the …

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