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GBPCAD analysis 11.02.2020

The 1.7110 support level held back sellers. The overall trend is upward. The inclined channel of the descending pattern has been broken (A H1), and a presumed correction has been formed (B H1). The formation of an uptrend (AC + bC + cC (red)) will result the expected wave (with …

EURUSD technical analysis 11.02.2020

The pair is trading above 1.0905. The pair still has the potential to continue its decline if the eurozone's economy continues to show weak economic growth, and the ECB maintains its current vague position regarding possible changes on the monetary rate.

The price is below the middle Bollinger band, below …

EUR analysis 10.02.2020

The euro currency fluctuated in a narrow range slanting toward a decline during the Asian session to witness its rebound from the lowest since October 8 against the dollar on the cusp of developments and economic data expected on Monday by the economies of the euro area and on the …

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