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Technical analysis 22.10.2019

The pair is trading below 1.1170, awaiting the outcome of the ECB monetary policy meeting. If the pair fails to rise above this mark, it will likely start a correction.

The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI has come out of the …

AUD Analysis 21.10.2019

AUDUSD holds steady above the resistance of the breached descending channel (red dotted), and starts today with a fresh bullish slope on its way to continue the expected rally for the coming period, keeping the bullish correction scenario intact over intraday and short term, targeting 0.7015 as the first stop. …

EUR Analysis 21.10.2019

The single currency of the European Union fluctuated in a narrow, bullish range during the Asian session to witness the rebound of the twelfth session in the fifteenth lowest since May 12, 2017 against the US dollar on the eve of developments and economic data expected on Monday by the …

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