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EURUSD Technical analysis 03.03.2016

EURUSD

The pair is consolidating in a narrow range that is higher than 1.0850 level. If the tomorrow's US unemployment data is strong, the pair can be pushed down as it is highly expected that ECB is to increase stimulus measures.

The price is on the lower Bollinger band, on …

EURUSD Technical analysis 02.03.2016

EURUSD

The pair resides higher than 1.0850 level and can continue falling if ADP data is better than expected.

The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI is under 50% level and resides on the border of the oversold zone. Stoch are rising.

Trading …

EURUSD Technical analysis 01.03.2016

EURUSD

The pair is higher than 1.0860 level and is consolidating awaiting for the publication of the US Manufactuting PMI data. If it is better than expected, the pair will fall under a certain amount of pressure.

The price is on the lower Bollinger band, lower than SMA5 and SMA14. …

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