EURUSD
The pair received support due to the increased demand for risk assets, but today it may reverse downwards if the US consumer inflation data is stronger than predicted.
The price is above the middle line of the borders of Bollinger bands, above EMA 5 and EMA 13. RSI is …
EURUSD
Although the pair did rise this Monday following the increased demand for risk assets, it’s still trading flat. It’s likely to correct downwards, as it’s locally overbought.
The price is above the middle line of the borders of Bollinger bands, above EMA 5 and EMA 13. RSI is above …
EURUSD
The pair is trading within a very narrow range of 1.2260–1.2295. The pair, just as the financial markets as a whole, is under pressure due to the trade war between the US and China. Another negative factor is the decreased trade balance of Germany, which indicates that the country’s …
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