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EURUSD Technical Analysis 06.07.2017

EURUSD

The pair remains in the short term downside trend. The positive ADP Nonfarm Employment data, which is to be released today, will most probably push the pair down.

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides lower than 50% …

GBPUSD Technical analysis 05.07.17

GBPUSD

The pair has breached 1.2910 level, which enables its further decline as the positive data on the US employment is expected to be revealed and the Fed’s June meeting minutes, which are to be released today, are expected to be favorable for the USD.

The price is below the …

EURUSD Technical Analysis 04.07.2017

EURUSD

The pair resides lower than the 1.1355 level. Most probably its corrective fall will continue amid the thin market situation due to the Independence day in the United States. 

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI is crossing the …

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