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Forex: technical overview 27.02.18

EURUSD

The pair is consolidating within the range of 1.2270–1.2355. If Jerome Powell’s monetary policy statements turn out to be hawkish, then a local decline of the price should be expected.

The price is above the middle Bollinger band, above EMA 5 and EMA 13. RSI is on the level …

Forex: technical overview 26.02.18

EURUSD

The pair receives support as it is hoped that Mario Draghi either will support abandoning of the economic stimulus measures this September or won’t speak of it at all in his today’s speech. Either of these options would have a positive influence on the euro. Only an excessive concern …

Forex: technical overview 22.02.18

EURUSD

The pair is under pressure as the ECB meeting minutes are expecting to be released, while the Fed’s meeting indicated the regulator’s intention to keep raising the rates and increase the number of raises if the inflation continues to grow.

The price is below the middle line of the …

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