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Forex: technical overview 14.03.18

EURUSD

The pair is consolidating within the range of 1.2290–1.2425 as Mario Draghi is expected to deliver a speech, while the release of the US industrial inflation and retail data is also anticipated.

The price is above the middle line of the borders of Bollinger bands, below EMA 5, but …

Forex: technical overview 13.03.18

EURUSD

The pair is consolidating above 1.2285 as the US consumer inflation data is expected to be released. If the data isn’t worse than predicted, a local decline of the pair will be expected.

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

Forex: technical overview 12.03.18

EURUSD

The pair has found support on the level of 1.2290 as it’s still uncertain what the ECB is going to do with the economic stimulus program this year. The uncertainty on the markets also keeps the pair from going either upwards or downwards.

The price is below the middle …

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