EURUSD
The pair is correcting down after it surged on Wednesday on the wake of closing trend for the US Dollar. Because of the local overbought it can correct not just by 23% by Fibonacci, but by 38%.
The price is on the upper Bollindger band, lower than SMA5, but …
EURUSD
The pair continues downside correction awaiting for US rate hike next week. Positive non-farm figures provided the US currency with additional support.
The price is on the upper Bollinger band, lower than SMA5 and SMA14. RSI keeps falling. Stoch start entering the oversold zone.
Trading recommendations: Sell the pair …
EURUSD
The pair is setting a downward correction after its surge of Thursday, which was backed by ECB new stimulus decision. It can keep falling if the unemployment data from the US is better than expected and vice versa.
The price is on the upper Bollinger band, lower than SMA5, …
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