The US dollar moved in a narrow bullish range during the Asian session to see a rebound to the fourth session in five sessions from its lowest since February 15 against the Japanese yen amid a lack of economic data by the Japanese economy, the third largest economy in the …
EURUSD
The pair is under pressure due to two main factors: slowdown of the EU economic growth and anticipation of Brexit.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is moving down. Stoch indicate weaker growth. …
EURUSD
The pair remains within a narrow range due to the expected growth slowdown of the EU economy and Brexit.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is on the level of 50%. Stoch aren’t informative.
Trading recommendations:
If the pair …
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