EURUSD
The pair resides higher than 1.0850 level and can continue falling if ADP data is better than expected.
The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI is under 50% level and resides on the border of the oversold zone. Stoch are rising.
Trading …
EURUSD
The pair is higher than 1.0860 level and is consolidating awaiting for the publication of the US Manufactuting PMI data. If it is better than expected, the pair will fall under a certain amount of pressure.
The price is on the lower Bollinger band, lower than SMA5 and SMA14. …
EURUSD
The pair is approaching 1.1000 level, which can be breached amid the US GDP data publication, but only if it is exceeding the expected numbers by 0,4%
The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI is lower than 50% level and truning downwards. …
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