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EURUSD Technical Analysis 24.07.2017

EURUSD

The pair is trading higher than 1.1650 level and is aiming at the local maximum of August 2015 (1.1712). It will probably reach it in the near future, but a correction is also possible, due to the strong overbought status of Euro against the US Dollar.  

The price is …

EURUSD Technical Analysis 21.07.2017

EURUSD

The pair is trading higher than the 1.1575 level amid the market's expectations that the ECB will start changing the economic policy this fall. The pair may continue rising, reaching its maximum level of May 2015, which is 1.1700, but before that, it may correct amid being strongly locally …

EURUSD Technical Analysis 20.07.2017

EURUSD

The pair is consolidating prior to the release of the ECB meeting results. It can be assumed that if the ECB statement doesn't mention a definite plan to cut the stimulus measures next year and if it becomes clear that they don't plan on gradually increasing the interest rates, …

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