Daily reviews

EURUSD

The pair rose till 1.1000 which corresponds to 23% Fibonacci level and if it manages to overcome it there is a possibility of a local rise. If it doesn't happen, it will start declining.

The price is on the middle Bollinger band, but higher than SMA5 and SMA14. RSI …

EURUSD

The pair consolidates awaiting for the U.S. GDP report. Weak numbers can lead to continuous upward correction which will take the pair to 1.1010 level. But if the price stays lower than 1.1000, it is quite possible that the downside movement will continue, despite the local oversold.

The price …

EURUSD

The pair consolidates awaiting the interest rate announcement from Fed. It is expected that the rates will remain at the same level which can support the pair and lead to a local raise. In this case it is better to sell the pair as the ECB stimulus program expansion …

EURUSD

The pair is slowly rising as investors restrain from active trading awaiting FOMC meeting which will take place later today and tomorrow.

The price is lower than the middle Bollindger band, but higher than SMA 5 and SMA 14. RSI index is above the oversold zone and is turning …

EURUSD

The pair is moving up from the 1.1000 support level it reached after the steep fall at the end of last week, which was caused by the expectations about ECB stimulus program expansion in December.

The price is lower than the middle Bollinger band, but higher than SMA 5 …

EURUSD

The uncertainty reagrding the future of stimulus program is pushing the pair down. If the decision to expand the program is positive, the pair can fall under a great pressure as it happened last month after the ECB meeting.

The pair is on the lower Bollinger band and also …

EURUSD

The pair consolidates expecting this week’s ECB meeting results. If Mario Draghi will imply the further stimulus program expansion, strong local pressure on the pair can be expected.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI index is under 50% level and …

EURUSD

The pair fell sharply under 1.1460 level following the ECB Nowoty comments related to the the central bank stimulus program expansion. If the US consumer inflation data won’t be worse than expected, a further fall can be expected.

The price is higher than the middle Bollinger band, lower than …

EURUSD

Continuous weakness of the US Dollar keeps pushing the pair up. The fact that the major investors do not tend to take risks and European stocks lowering their positions also play a role in the quote formation.

The pair is higher than the middle Bollinger band and higher than …

EURUSD

The pair is rising supported by the same weakness of the US Dollar and unlikeliness of interest rate hikes this year. ECB is also not rushing stimulus program expansion.

The price is higher than the Middle Bollinger band and higher than SMA 5 and SMA 14. RSI index is …