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Technical analysis EURUSD 12.10.2015

EUR USD

The pair remains lifted due to the weakness of the US Dollar and the fact that US interest rates will not be increased till the end of the year and, possibly, in the beginning of the next one.

The price is at the upper Bollinger band and higher …

Technical analysis EURUSD 07.10.2015

EURUSD

The pair continues to move in a narrow range. Its grows is being restrained as ECB stimulus program expansion is expected and the fall is not happening because of the weakness of US Dollar due to unlikeness of the rate hikes in the nearest future.

The price is higher …

Technical analysis EURUSD 06.10.2015

EURUSD

The pair consolidates awaiting the Mario Draghi speech (president of ECB). New   announcements regarding the ECB stimulus program will put a certain level of pressure on the pair and cause the increase of risk appetite and in buying shares of European companies which usually causes a negative effect on …

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