EURUSD
Our prognosis regarding the pair remains unchanged. It will probably keep consolidating withing the 1.0350-1.0480 range amid the low pre-holiday volumes. Seems like despite the partial profit taking, investors are not willing to part with the US currency.
The price is higher than the middle Bollinger band, higher than …
EURUSD
The pair continues to consolidate with the general decline against the backdrop of increasing expectations of it reaching parity. Mainly it is caused by the increasing dynamics of divergence of the Fed’s and Bank of Japan’s monetary policies.
The price is below the middle Bollinger band, above SMA 5 …
USDJPY
The pair is correcting downwards after the recent strong rise, which is caused by the pre-holiday low investors' activity, as well as by the fact that the pair is technically overbought. It is possible that the correction will continue for some time, but we still think that the pair …
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