EURUSD
The pair has reached a local maximum of 1.1195, but most probably it can fall to 1.1020 prior to the publication of the US employment data later this week, remaining in the 1.1020-1.1185 range.
The price is higher than the middle Bollinger band, lower than SMA5 but higher than …
EURUSD
The pair returned to the 1.1020-1.1160 range which it will probable stay in till the ECB meeting dedicated to the monetary policy in September. We suppose that the pair needs to be sold while it is rising or bought when it is going down away from the borders of …
We can see the inverse head and shoulders pattern on the 4H chart at the moment. Two major pieces of data will come out today: Great Britain's GDP data for the second quarter and the US interest rate. If the data form Britain is better than expected and the Fed …
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