EURUSD
The pair is consolidating with a small decline as the impossibility of Angela Merkel forming the new coalition government in Germany brings forth the prospects of a political crisis. Nonetheless, we’re not expecting the price to fall significantly. It’s more likely that the pair either will move within the …
EURUSD
The pair is trading above 1.1720 level amid hopes that the tax reform in the US will be passed. It’s the main factor that influences the USD rate at the moment.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is reversing upwards …
EURUSD
It seems today the pair will remain within the range of 1.1575–1.1880, as there’s still an uncertainty regarding the passing of the new tax reform in the US. It’s a significant factor that causes the delay in the further strengthening of the US dollar’s positions on currency markets.
The …
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