EURUSD
The pair has grown amid the equally strong weakening of the investor interest in the US dollar. But today, quite probably, a number of long positions will be closed due to the locally overbought market being a good occasion to take profits.
The price is higher than the upper …
EURUSD
The pair has breached the resistance level of 1.1230. If the US CPI data turns out to be positive, the price can return to the 1.1070-1.1230 range.
The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI is right under the overbought zone. Stoch …
EURUSD
The weakness of the US dollar is pushing the pair up, but the high probability of stimulus expansion by ECB acts as a restraining factor here. It is most probable that the price will remain inside the 1.1135-1.1225 range until the news from the ECB is published. If ECB …
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