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EURUSD Technical analysis 13.10.17

EURUSD

The pair is above 1.1820 mark and may resume its local decline if today's consumer inflation data turns out to be better than predicted, as was the case with yesterday's release of industrial inflation data.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. …

EURUSD Technical analysis 12.10.17

EURUSD

The pair's current growth is driven by two factors. The first is the USD sell-off, which is caused by the market's uncertainty on whether the inflation data will display growth. The second is the investors' hopes of the ECB canceling the economic stimulus measures for the eurozone as early …

GBPUSD Technical analysis 11.10.17

GBPUSD

The pair has recovered as the USD is weakened because of profit taking before this Friday's release of important consumer inflation data in the US. Technically, the pair corrected quite well after the drop and may resume falling if the US data doesn't disappoint.

The price is above the …

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