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Forex: technical overview 15.01.18

EURUSD

The pair is trading above the mark of 1.2200 as the US dollar weakens, while the ECB is expected to stop the stimulation of economy this year.

The price is above the middle line of the borders of Bollinger bands, above EMA 5 and EMA 13. RSI is in …

Forex: technical overview 12.01.18

EURUSD

The pair is trading within the range of 1.915–1.2075, closer to its upper edge following the release of the weak industrial inflation data in the US this Thursday. If today’s figures on the consumer inflation turn out to be weaker than predicted, the pair is likely to go further …

Forex: technical overview 11.01.18

USDJPY

The pair is still under pressure following the news that the Bank of Japan is to reduce the government bonds purchases by 5% in 10 and 25 years, which is perceived by the market as a possible start of the monetary policy change.

The price is below the middle …

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