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EURUSD Technical Analysis 18.10.2016

EURUSD

The pair has corrected up amid profit taking, but if the US consumer inflation numbers are high, it will put the pair under a fair amount of pressure.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides lower than 50% level and …

EURUSD Technical Analysis 14.10.2016

EURUSD

The pair is traded lower than the resistance level of 1.1050 awaiting for the publication of economic statistics from the US and Yellen's speech. If the data is strong and Yellen will speak positively about American economy, which is most probable, the pair will continue the local fall.
 
The …

EURUSD Technical Analysis 12.10.2016

EURUSD

The pair found support on the 1.1040 level after the recent fall caused by the increased probability of the US interest rate hike in December. The fall can continue if the Septempber Fed meeting minutes also indicate the interest rate hike by the end of the year.

The price …

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