EURUSD
The major currency pair remains in a narrow range of 1.0430-1.0465, as Christmas and New Year holiday season is under way.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is at 50% level and moves horizontally. Stoch are falling.
Trading recommendations:
In …
EURUSD
Our prognosis regarding the pair remains unchanged. It will probably keep consolidating withing the 1.0350-1.0480 range amid the low pre-holiday volumes. Seems like despite the partial profit taking, investors are not willing to part with the US currency.
The price is higher than the middle Bollinger band, higher than …
EURUSD
The pair continues to consolidate with the general decline against the backdrop of increasing expectations of it reaching parity. Mainly it is caused by the increasing dynamics of divergence of the Fed’s and Bank of Japan’s monetary policies.
The price is below the middle Bollinger band, above SMA 5 …
Don't have your language?
