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EURUSD Technical analysis 29.08.17

EURUSD

The pair has reached 1.2030 mark. It's likely that it is going to correct downwards before attempting to grow further as the result of being technically overbought.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is in the overbought zone. Stoch are …

EURUSD Technical analysis 28.08.17

EURUSD

The pair is trading above 1.1885 level. There's a potential for further growth, despite the fact that it's locally overbought. It's supported by the USD's pervasive weakness and the hopes of ECB announcing the decision to decrease or to stop entirely the economy stimulation in 2018.

The price is …

EURUSD Technical analysis 25.08.17

EURUSD

The pair is trading in the range of 1.1685-1.1825. It is expected to come under pressure as the result of Mario Draghi's Jackson Hole speech that is likely to articulate ECB's concern regarding the Euro's strong growth.

The price is below the middle Bollinger band, below SMA 5 and …

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