EURUSD
The pair keeps consolidating slightly decreasing in a narrow range of 1.0555-1.0595. If the manufacturing PMI data is not better than expected the fall may continue.
The price is on the upper Bollinger band, lower than SMA5 but higher than SMA14. RSI turned downwards and resides on 50% level. …
EURUSD
The pair keeps consolidating in 1.0565-1.0600, a rather narrow range. It probably won't change until ECB monetary policy decision is announced this Thursday.
The price is on the lower Bollinger band, higher than SMA5, but lower than SMA14. RSI stays under 50% level and going downwards. Stoch also signal …
EURUSD
The pair is likely to keep consolidating in 1.0600-1.0690-1.0700 range before the next week's release of unemployment data in the U.S. Only today's US GDP data can force the pair to fall below 1.0600 level.
The price is on the lower Bollinger band, exactly at SMA 5 level, but …
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