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Forex: technical overview 20.03.18

EURUSD

The pair is consolidating within the range of 1.2270–1.2380 after this Monday’s local growth following the deal between the UK and the EU on the terms for Brexit transition period. The pair is likely to remain within this range today.

The price is above the middle line of the …

Forex: technical overview 19.03.18

EURUSD

The pair sank below 1.2270 following the strengthening of the USD positions before the Fed’s monetary policy meeting, since the interest rates are expected to be raised 0.25%. The pair is likely to continue falling today.

The pair is below the middle line of the borders of Bollinger bands, …

Forex: technical overview 16.03.18

EURUSD

The pair went down to the lower edge of 1.2290–1.2425 range as the interest rates in the US are expected to be raised as per the results of the Fed meeting next week.

The price is below the middle line of the Bollinger bands, above EMA 5, but below …

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