EURUSD
The pair consolidates expecting this week’s ECB meeting results. If Mario Draghi will imply the further stimulus program expansion, strong local pressure on the pair can be expected.
The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI index is under 50% level and …
EURUSD
The pair fell sharply under 1.1460 level following the ECB Nowoty comments related to the the central bank stimulus program expansion. If the US consumer inflation data won’t be worse than expected, a further fall can be expected.
The price is higher than the middle Bollinger band, lower than …
EURUSD
Continuous weakness of the US Dollar keeps pushing the pair up. The fact that the major investors do not tend to take risks and European stocks lowering their positions also play a role in the quote formation.
The pair is higher than the middle Bollinger band and higher than …
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