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EURUSD Technical analysis 12.02.2016

EURUSD

The pair has breached 1.1300 level on the wake of the lowering interest among investors to defensive assets and the weak GDP data from Germany. The pair may keep getting lower if Eurozone GDP data is weaker than expected.

The price is on the lower Bollinger band, lower than …

EURUSD Technical analysis 08.02.2016

EURUSD

The pair is trying to recover after it surged and then corrected amid the expectations that the new US data won't be as positive as the unemployment levels.

The price is on the upper Bollinger band, lower than SMA5 and SMA14. RSI resides under the overbought zone and moving …

EURUSD Technical analysis 05.02.2016

EURUSD

The pair is traded lower than 1.1200 level prior to the US Non Farm data. It can be assumed that if the numbers would be better than forecasted 190K it will put USD under pressure and the pair, despite being locally overbought, can continue rising.

The price is on …

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