EURUSD
On Tuesday the pair reached its May 2016 level and upon the opening of trades in Europe today, it started correcting while waiting for the Yellen's speech, which will include the bank's report on the monetary policy.
The price is higher than the middle Bollinger band, lower than SMA …
EURUSD
The pair has fallen below the important support level 1.1390 amid the strengthening of the US dollar, that happened prior to the Yellen's speech on Wednesday and Thursday where the monetary policy topic came into focus.
The price is lower than the middle Bollinger band, lower than SMA 5 …
EURUSD
The pair is still consolidating at the previously reached maximums amid the expectations that the ECB changes its course. It is assumed that reduction of stimulus measures in early 2018 will be announced this fall after the German federal elections take place. These expectations are the reason for the …
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