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EURUSD technical analysis

The pair is trading just below 1.2150, receiving some support amid weaker US dollar due to the expectations of large-scale measures for the US economic recovery by the Congress at the end of this month.

Technical side:

The price is located above the middle Bollinger band, above the EMA …

15.02. Fresh trading analysis: optimism on the global markets, oil is up

Monday, February 15th, today’s news—global markets hit new highs on vaccination and economic recovery. Nikkei closes at over 30,000, oil prices hit 13-month high on possible Middle East tensions, dollar weakens. The price of Brent oil is $63.24, WTI—$60.55, EUR/USD is at 1.2142, GBP/USD—1.3900, gold is $1,818.30 per ounce. Read …

EURUSD analysis

The single currency, the euro, fluctuated in a narrow, upward range during the Asian session, to witness its rebound to the sixth session in seven sessions from the lowest since the beginning of December 2020 against the US dollar on the cusp of economic developments and data anticipated today, Monday …

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