EURUSD
The pair has risen amid the weak ADP data. It has also received support from the head of Bundesbank Jens Weidmann, who made it clear that EU economic recovery demands a gradual tightening of the monetary policy.
The price is higher than the middle Bollinger band, lower than SMA5, …
EURUSD
The pair remains in the short term downside trend. The positive ADP Nonfarm Employment data, which is to be released today, will most probably push the pair down.
The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides lower than 50% …
GBPUSD
The pair has breached 1.2910 level, which enables its further decline as the positive data on the US employment is expected to be revealed and the Fed’s June meeting minutes, which are to be released today, are expected to be favorable for the USD.
The price is below the …
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