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EURUSD Technical analysis 16.10.17

EURUSD

The pair has dropped below 1.1800 mark as the ECB is expected to drastically change its attitude towards economic stimulus measures. The decline of euro was caused by Mario Draghi's speech last Friday, when he indicated that the eurozone's economy was in need of stimulation.

The price is below …

EURUSD Technical analysis 13.10.17

EURUSD

The pair is above 1.1820 mark and may resume its local decline if today's consumer inflation data turns out to be better than predicted, as was the case with yesterday's release of industrial inflation data.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. …

EURUSD Technical analysis 12.10.17

EURUSD

The pair's current growth is driven by two factors. The first is the USD sell-off, which is caused by the market's uncertainty on whether the inflation data will display growth. The second is the investors' hopes of the ECB canceling the economic stimulus measures for the eurozone as early …

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