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Technical analysis 28.05.19

EURUSD

The pair is trading within the range of 1.1120–1.1260 in anticipation of the ECB taking measures to boost the eurozone economy. Moreover, investors are waiting for this week’s US GDP data, China’s PMI and important American indicators.

The price is below the middle Bollinger bands, below SMA 5 and …

EUR analysis 27.05.2019

The single currency of the European Union region fluctuated in a narrowly bullish range during the Asian session to see its third session retreat from its lowest level since May 19, 2017 against the US dollar amid a lack of economic data from the Eurozone economies earlier this week. The …

AUD analysis 27.05.2019

The Australian dollar fluctuated in a tight range slipping towards the Asian session to stabilize near its lowest level in almost six months against the US dollar amid a lack of news from the Australian economy and on the cusp of the US market absent for Memorial Day holiday there. …

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