EURUSD
The pair rose till 1.1000 which corresponds to 23% Fibonacci level and if it manages to overcome it there is a possibility of a local rise. If it doesn't happen, it will start declining.
The price is on the middle Bollinger band, but higher than SMA5 and SMA14. RSI …
EURUSD
The pair consolidates awaiting for the U.S. GDP report. Weak numbers can lead to continuous upward correction which will take the pair to 1.1010 level. But if the price stays lower than 1.1000, it is quite possible that the downside movement will continue, despite the local oversold.
The price …
EURUSD
The pair consolidates awaiting the interest rate announcement from Fed. It is expected that the rates will remain at the same level which can support the pair and lead to a local raise. In this case it is better to sell the pair as the ECB stimulus program expansion …
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