EURUSD
The pair is under pressure against the background of declining expectations of the ECB significantly changing their monetary policy.
The pair is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is falling and is below 50% level. Stoch are indicating the weakening of growth.
Trading …
EURUSD
The pair is falling as the eurozone consumer inflation data is expected to be released today. It's safe to assume that if the data doesn't get stronger, the pair will continue falling.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above …
EURUSD
The pair has dropped below 1.1800 mark as the ECB is expected to drastically change its attitude towards economic stimulus measures. The decline of euro was caused by Mario Draghi's speech last Friday, when he indicated that the eurozone's economy was in need of stimulation.
The price is below …
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