EURUSD
The pair is experiencing a slight fall awaiting Non-Farm data release. Further fall is possible if the data is highly positive. If not, Euro could strengthen its positions against US Dollar.
The price is lower than the middle Bollinger band, lower than SMA 4 and SMA 14. RSI index …
EURUSD
The pair continues to range between 1.1100 and 1.1295. It is possible that it may rise up to 1.1295 due to oversold conditions. We assume that it is better to sell the pair on the rise when this level is reached.
The price is lower than the middle Bollinger …
ECB may resort to new incentives
The economicсof the euro zone are still experiencing major problems: there are high unemployment, weak business activity, low production figures and low consumer price inflation, which is in no hurry to grow up and reflects the uncertainty of the population in the future.
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