USDJPY
The pair is correcting downwards after the recent strong rise, which is caused by the pre-holiday low investors' activity, as well as by the fact that the pair is technically overbought. It is possible that the correction will continue for some time, but we still think that the pair …
EURUSD
The pair is locally oversold and prior to trying to continue falling it can correct upwards amid the pre-Christmas profit-taking.
The price is lower than the middle Bollinger band, higher than SMA5, but lower than SMA14. RSI is leaving the oversold zone. Stoch are aiming upwards.
Trading recommendations: The …
EURUSD
The pair is trading lower than 1.0650 level proir to the release of the Fed monetary policy meeting results. If the results are positive for the US dollar, the pair can turn downwards, which is to be triggered by the Fed's representative announcement indicating the willingness of the institution …
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