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Forex: technical analysis 26.01.18

EURUSD

The pair corrected after the abrupt growth following the results of the ECB meeting, but it’s hard to say whether this correction will continue. Technically, the pair may attempt going up once before resuming correction.

The price is above the middle line of the borders of Bollinger bands, below …

Forex: technical overview 25.01.18

EURUSD

The pair remains in a short-term uptrend as the USD is weakened and the ECB is still expected to stop the economic stimulus measures this year and to start raising the interest rates in the next year.

The price is above the middle line of the borders of Bollinger …

Forex: technical overview 24.01.18

EURUSD

The pair has breached the upper end the price range of 1.2165–1.2300 against the background of the positive economic data from the eurozone and Germany and following the announcement of Jerome Powell being appointed as the Chair of the Fed by the US Senate.

The price is above the …

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