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EURUSD Technical Analysis 11.07.2017

EURUSD

The pair has fallen below the important support level 1.1390 amid the strengthening of the US dollar, that happened prior to the Yellen's speech on Wednesday and Thursday where the monetary policy topic came into focus. 

The price is lower than the middle Bollinger band, lower than SMA 5 …

EURUSD Technical Analysis 10.07.2017

EURUSD

The pair is still consolidating at the previously reached maximums amid the expectations that the ECB changes its course. It is assumed that reduction of stimulus measures in early 2018 will be announced this fall after the German federal elections take place. These expectations are the reason for the …

EURUSD Technical Analysis 07.07.2017

EURUSD

The pair has risen amid the weak ADP data. It has also received support from the head of Bundesbank Jens Weidmann, who made it clear that EU economic recovery demands a gradual tightening of the monetary policy. 

The price is higher than the middle Bollinger band, lower than SMA5, …

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