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EURUSD Technical Analysis 25.05.2017

EURUSD

The pair is consolidating above the 1.1200 level, but there is a possibility of it turning downwards amid the high overbought state and the technical signal on the divergence between the price and the oscillators. High probability of the US interest rate increase in June also puts the pair …

EURUSD Technical Analysis 24.05.2017

EURUSD

The pair is trading higher than 1.1165 after reached the local 6-month record amid the overall weakness of the US dollar and elections in France. Nevertheless, the pair remains being highly overbought, which will cause a fall amid the probable US interest rate hike. 

The price is lower than …

EURUSD Technical Analysis 23.05.2017

EURUSD

The pair is trading higher than the 1.1225 level amid the speculative buying of euro. From a technical standpoint, it is strongly overbought and has all chances to turn downwards and fall considerably due to the positive data on the employment in the US, publication of the minutes of …

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