EURUSD
The pair is still under pressure as the Euro is sold following its unfounded speculative growth just before the new year.
The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is below the level of 50% and is …
EURUSD
The pair is in a downtrend after reaching another local maximum point last week. The local decline is likely to continue if the double top pattern is formed.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is passing the level of 50% …
EURUSD
The pair is trading at the local maximum due to the investors' negative attitude towards the US dollar which is caused by the fact that all the USD supporting factors have already been in action. Those are the interest rate increase and the tax reform. USD is literally on …
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