EURUSD
The pair remains under pressure amid the recent news from the US regarding the tax reform, previously mentioned by D. Trump. From the technical perspective the pair has breached the support level and may keep falling if the present mood stays and the US GDP data (to be published …
EURUSD
Our prognosis on the pair remains unchanged. It has all chances to reverse locally amid positive economic statistics data from the US and good corporate data figures.
The price is higher than the higher Bollinger band, but already lower than SMA5 and SMA14. RSI resides higher than 50% level …
EURUSD
The rise of Euro against the US dollar is caused by the ambiguity of the Trump's policy, as his fiscal stimulus program plans have yet to see the light of day. This uncertainty pushes the US dollar down, but once a strong US economic statistics data is released, the …
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