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Technical analysis 02.08.18

EURUSD

The pair remains within the range of 1.1585–1.1745, while moving down to its lower border following the result of the Fed’s meeting which proved positive for the USD. The decline is likely to continue.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI …

Technical analysis 01.08.18

EURUSD

The pair is within the range of 1.1575–1.1745 as the Fed’s monetary policy meeting results are expected to be released. If the outcome is favorable for the USD, while ADP employment data and PMI data are strong, the USD rate may receive extra support.

The price is below the …

Technical analysis 31.07.18

EURUSD

The pair remains within the range of 1.1585–1.1745 as the important eurozone news are expected to be released, as well as the consumer inflation data, GDP, employment, the Fed’s rulings on monetary policy and unemployment in the US. At the same time, if the figures are worse than predicted, …

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