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Technical Analysis 04.05.18

EURUSD

The pair is consolidating inside a narrow range awaiting for the US Payroll data. It can be assumed that strong data can lead to a slight fall.

The price is lower than the lower Bollinger band, at the EMA 5 and EMA 13 levels. RSI is moving horizontally. Stoch …

Technical analysis 03.05.18

EURUSD

The pair remains under a great deal of pressure as it is becoming more evident that ECB will not be changing the monetary policy this year. Strengthening of the US economy and the interest rate hike only add to the situation.

The price resides below the lower line of …

Technical overview 27.04.18

EURUSD

The pair has fallen down to the target level of 1.2075 and keeps falling. It’s under pressure as the ECB is no longer expected to abandon the economic stimulus measures. The strong US economic statistics data released yesterday supports the USD.

The price is below the lower line of …

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