EURUSD
The pair continues to consolidate with the general decline against the backdrop of increasing expectations of it reaching parity. Mainly it is caused by the increasing dynamics of divergence of the Fed’s and Bank of Japan’s monetary policies.
The price is below the middle Bollinger band, above SMA 5 …
USDJPY
The pair is correcting downwards after the recent strong rise, which is caused by the pre-holiday low investors' activity, as well as by the fact that the pair is technically overbought. It is possible that the correction will continue for some time, but we still think that the pair …
EURUSD
The pair is locally oversold and prior to trying to continue falling it can correct upwards amid the pre-Christmas profit-taking.
The price is lower than the middle Bollinger band, higher than SMA5, but lower than SMA14. RSI is leaving the oversold zone. Stoch are aiming upwards.
Trading recommendations: The …
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