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EURUSD Technical Analysis 07.02.2017

EURUSD

The pair has remained under a solid amount of pressure since the yesterday's Draghi's speech, who has made it quite clear that the existing easy monetary policy is here to stay and we shouldn't expect changes in the nearest future.

The price is lower than the lower Bollinger band, …

EURUSD Technical Analysis 06.02.2017

EURUSD

The pair may remain within the range, as it is restrained by the ECB, that is inclined to continue expansionary monetary policy and the overall weakness of the US dollar amid the uncertainty of the interest rate increase and the start of Trump's fiscal economic program.

The price is …

EURUSD Technical Analysis 01.02.2016

EURUSD

The pair is slightly correcting downwards after the strong surge caused by Trump's and Navarro's speeches on undervaluation of euro. Today the market is concentrated on the results of the Fed monetary policy meeting. If it becomes evident that the Bank is inclined to lean towards normalization of monetary …

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