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Technical analysis EURUSD 06.10.2015

EURUSD

The pair consolidates awaiting the Mario Draghi speech (president of ECB). New   announcements regarding the ECB stimulus program will put a certain level of pressure on the pair and cause the increase of risk appetite and in buying shares of European companies which usually causes a negative effect on …

Technical analysis EURUSD 05.10.2015

EURUSD

The pair is trying to grow using US Dollar weakness. The risk that ECB stimulus program is going to be expanded is restraining the growth and keeps USD from giving up its positions. It may keep consolidating on this level for quite some time.

The price is higher than …

EURUSD Technical analysis 02.10.2015

EURUSD

The pair is experiencing a slight fall awaiting Non-Farm data release. Further fall is possible if the data is highly positive. If not, Euro could strengthen its positions against US Dollar.

The price is lower than the middle Bollinger band, lower than SMA 4 and SMA 14. RSI index …

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