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Technical overview 27.04.18

EURUSD

The pair has fallen down to the target level of 1.2075 and keeps falling. It’s under pressure as the ECB is no longer expected to abandon the economic stimulus measures. The strong US economic statistics data released yesterday supports the USD.

The price is below the lower line of …

Technical overview 26.04.18

EURUSD

The pair is down at the target level of 1.2155 as the ECB is expected to proceed cautiously about abandoning the economic stimulus measures this September.

The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is again entering …

Technical overview 25.04.18

EURUSD

The pair is again testing the support level of 1.2200. If this level is passed as the US Treasury bonds yields rise, the pair may go further down, and then may proceed falling even lower following the results of the ECB meeting this Thursday.

The price is below the …

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