EURUSD
The pair is consolidating above the mark of 1.2200 as the US dollar’s positions strengthen following yesterday’s speech of the Fed Chair, Jerome Powell, in the US Congress.
The price is on the lower line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is …
EURUSD
The pair is consolidating within the range of 1.2270–1.2355. If Jerome Powell’s monetary policy statements turn out to be hawkish, then a local decline of the price should be expected.
The price is above the middle Bollinger band, above EMA 5 and EMA 13. RSI is on the level …
EURUSD
The pair receives support as it is hoped that Mario Draghi either will support abandoning of the economic stimulus measures this September or won’t speak of it at all in his today’s speech. Either of these options would have a positive influence on the euro. Only an excessive concern …
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