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EURUSD Technical Analysis 22.05.2017

EURUSD

The pair is trading higher than 1.1170. It is supported by a local weakness of the US dollar, which is formed amid the political scandals around D. Trump. But we must admit that from the technical standpoint, the pair is strongly overbought and if the markets become calmer and/or …

EURUSD Technical Analysis 19.05.2017

EURUSD

The pair is trading at the 1.1110 level. If the price falls lower, it can cause its local fall amid the rise in the expectations of the US interest rate increase in June.

The price is higher than the middle Bollinger band, lower than SMA5, but higher than SMA14. …

EURUSD Technical Analysis 18.05.2017

EURUSD

The pair is trading lower than 1.1160 after a surge that happened amid the political crisis in the US. If the situation keeps evolving in this direction, there is a possibility that the pair will continue rising, but if the tensions weaken, it may lead to a strong correction …

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