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FOREX: TECHNICAL PERSPECTIVE 29.12.17 г.

EURUSD

The pair is trading at the local maximum due to the investors' negative attitude towards the US dollar which is caused by the fact that all the USD supporting factors have already been in action. Those are the interest rate increase and the tax reform. USD is literally on …

EURUSD Technical analysis 26.12.17

EURUSD

The pair is unlikely to show a significant change in price today, as it is influenced not just by the decline in the market players' interest to trade during the Christmas week, but also the holiday season in the largest European countries, where trading is currently closed.

The price …

Forex: technical overview 22.12.17

EURUSD

The pair is trading down following the victory of pro-independence candidates in recent Catalan parliament election. This event is likely to continue having a downward effect on the single currency.

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

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