EURUSD
The pair is under pressure following the ECB's decision to abandon the stimulation measures gradually, while no definite deadlines for the program's termination have been announced. If today's data on the eurozone inflation turn out to be lower than predicted, the pair is likely to reenter the downtrend.
The …
EURUSD
The pair is trading above 1.1600 mark. It's still under pressure following the results of the ECB meeting on monetary policy. The pair may correct upwards, but in all likelihood, it will continue falling.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. …
EURUSD
The pair has dropped following the decision of ECB to slowly reduce the eurozone economy stimulation. The "pigeon" tone of Mario Draghi's speech also caused pressure on the single currency. We expect the pair to continue falling.
The price is below the middle Bollinger band, below SMA 5 and …
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