The single currency of the European Union region rose during the Asian session, its highest since November 20,2018, against the US dollar on the eve of economic developments and data expected on Monday by the economies of the euro zone and the US economy, the world's largest economy.
At 05:37 …
EURUSD
The pair is trading above 1.1415. It’s supported by the USD’s local weakness following the publication of unimpressive US employment data last Friday.
The pair is trading above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the overbought territory and is indicating weaker growth. …
AUDUSD
The pair is under pressure against the background of decreasing risk appetite of investors. Favorable employment data in the US may push the pair further to a limited drop.
The pair is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold territory …
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