EURUSD
The pair started correcting downwards, after reaching a local maximum on Monday. It is possible that the correction will intensify prior the ECB meeting, where the bank can announce expansion of the stimulus measures.
The price is higher than the middle Bollinger band, lower than SMA5, but still higher …
USDCAD
The pair has found support on the level of 1.3260 amid the oil price surge that occured after the OPEC summit last week . If the correction continues, the pair may correct upwards.
The price is on the middle Bollinger band, higher than SMA4, but sill lower than SMA14. …
EURUSD
The pair remains inside the 1.0520-1.0715 range. It has all chances to fall reaching the lowest border of the range, if the US employment data is not worse than expected. It is assumed that American economy gained 175 000 new jobs in November, keeping an unemployment level at 4.9%. …
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