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Forex: technical overview 05.04.18

EURUSD

The pair continues to consolidate against the background of conflicting signals that don’t let it take a definite direction, so it remains within the existing range. The dynamics is likely to remain for the time being.

The price is below the middle line of the borders of Bollinger bands, …

Forex: technical overview 04.04.18

EURUSD

The pair is consolidating above the mark of 1.2255. There’s a strong probability of a local growth prompted by the eurozone consumer inflation news if they are favorable for the euro. However, it may fall if the figures turn out to be worse than predicted, and in case of …

Forex: technical overview 03.04.18

EURUSD

The pair is restoring following the surge of futures contracts on major American stock indices, which is a result of China increasing tariffs on US imports yesterday.

The price is above the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is testing …

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