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EURUSD Technical Analysis 03.11.2016

EURUSD

The pair has reached a local maximum of 1.1115 among the avoidance of risks among investors but should the situation change and investors prefer to wait, the pair may correct and start consolidating within the range before the 8th of November. However, the continuation of selling on the risk …

EURUSD Technical Analysis 02.11.2016

EURUSD

The pair has reached a local maximum amid the closure of long USD positions prior to the Fed's meeting on the monetary policy. The expectations that the interest rates will remain unchanged put the US dollar under pressure. But the situation can change if the ADP data published today …

EURUSD Technical Analysis 01.11.2016

EURUSD

The pair has stopped above the support level of 1.0960 and has chances to either continue to rise amid the closure of some of the short positions or to fall, remaining in the narrow range of 1.0930-1.1025.

The price is higher than the middle Bollinger band, lower than SMA5, …

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