EURUSD
The pair has started a process of tough consolidation. The investors clearly don’t wish to exhibit any activity before the holiday weekend in the US that begins tomorrow, on Thursday. The pair is likely to move within a narrow range today.
The price is below the middle Bollinger band, …
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 …
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