EURUSD
The pair consolidates within the range against the background of low volumes in pre-New Year week. The pair is likely to remain in the range of 1.0350-1.0480 until the end of the year. After the New Year, we expect the price to continue falling.
The pair is above the …
EURUSD
The major currency pair remains in a narrow range of 1.0430-1.0465, as Christmas and New Year holiday season is under way.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is at 50% level and moves horizontally. Stoch are falling.
Trading recommendations:
In …
EURUSD
Our prognosis regarding the pair remains unchanged. It will probably keep consolidating withing the 1.0350-1.0480 range amid the low pre-holiday volumes. Seems like despite the partial profit taking, investors are not willing to part with the US currency.
The price is higher than the middle Bollinger band, higher than …
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