EURUSD
The pair is consolidating before the results of ECB meeting and M. Draghi speech are announced. We do not expect any breakthrough actions from the Central Bank which will probably be the reason for the pair to move is a narrow range.
The price is on the lower Bollinger …
EURUSD
The pair can breach 1.0990 support level reacting on the weak US inflation data and strong expectations that ECB will not announce any new actions on the meeting this Thursday.
The price is on the upper Bollinger band, higher than SMA5 and SMA14. RSI is coming closer to the …
EURUSD
The pair can fall to the lowest border of the 1.0800-1.0990 range on the wake of the weak data released on inflation in Germany and Eurozone and low ZEW forecast numbers.
The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI is crossing 50% level …
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