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EURUSD Technical Analysis 13.01.2017

EURUSD

This Thursday the pair couldn’t consolidate above 1.0655 level and, in all likelihood, will test again this mark before the important figures on the US economy are published. However, if these figures turn out to be positive, there’s a possibility of local downwards reverse of the price.

The price …

EURUSD Technical Analysis 29.12.2016

EURUSD

The pair consolidates within the range against the background of low volumes in pre-New Year week. The pair is likely to remain in the range of 1.0350-1.0480 until the end of the year. After the New Year, we expect the price to continue falling.

The pair is above the …

EURUSD Technical Analysis 27.12.2016

EURUSD

The major currency pair remains in a narrow range of 1.0430-1.0465, as Christmas and New Year holiday season is under way.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is at 50% level and moves horizontally. Stoch are falling.

Trading recommendations:

In …

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