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Forex: technical overview 05.03.18

EURUSD

The pair is testing the level of 1.2275 as the profitability of the US government bonds rises, while the market expects the Fed to raise the rates.

The price is above the middle line of the borders of Bollinger bands, below EMA 5, but above EMA 13. RSI has …

Forex: technical overview 02.03.18

EURUSD

The pair is trading above 1.2250 as the profitability of the US government bonds fell dramatically yesterday. However, today the bonds’ prices are growing, which may support the USD together with the high expectations concerning the Fed’s rates.

The price is above the middle line of the borders of …

Forex: technical overview 01.03.18

EURUSD

The pair has formed the classic Double Top reversal pattern. The tendencies are generally positive and will continue pressuring the pair.

The price is below the middle line of the borders of Bollinger bands, above EMA 5, but below EMA 13. RSI is leaving the oversold zone. Stochastic oscillators …

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