Daily reviews

EURUSD

On Wednesday the pair spiked following the release of weak data on retail sales in the US and growing doubts that the Fed will continue actively raising the rates in the next year as the inflation is weak. These doubts arose after the release of the latest minutes of …

EURUSD

The pair has started a process of tough consolidation. The investors clearly don’t wish to exhibit any activity before the holiday weekend in the US that begins tomorrow, on Thursday. The pair is likely to move within a narrow range today.

The price is below the middle Bollinger band, …

EURUSD

The pair is consolidating with a small decline as the impossibility of Angela Merkel forming the new coalition government in Germany brings forth the prospects of a political crisis. Nonetheless, we’re not expecting the price to fall significantly. It’s more likely that the pair either will move within the …

EURUSD

The pair is trading above 1.1720 level amid hopes that the tax reform in the US will be passed. It’s the main factor that influences the USD rate at the moment.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is reversing upwards …

EURUSD

It seems today the pair will remain within the range of 1.1575–1.1880, as there’s still an uncertainty regarding the passing of the new tax reform in the US. It’s a significant factor that causes the delay in the further strengthening of the US dollar’s positions on currency markets.

The …

EURUSD

The pair reversed downwards following the release of strong data on the consumer inflation in the US. It’s possible that if today’s consumer inflation data in eurozone don’t indicate any growth or even drop, the pair will continue falling.

The price is above the middle Bollinger band, below SMA …

EURUSD

The pair has reached a local maximum thanks to the strong eurozone and Germany GDP data that was released yesterday, but the situation may change if today’s consumer price index in the US turns out above the predicted level.

The price is above the middle Bollinger band, above SMA …

EURUSD

The pair is trading below 1.1685 as German and eurozone GDP data is expected to be released. It’s possible that the figures will turn out higher than predicted, which will lead to a local growth of the pair, but if the data is as predicted or lower, the pair …

EURUSD

The pair is still trading within the range of 1.1550–1.1670. The delay in passing of the new tax law in the US and the absence of important economic data are causing the pair to consolidate. The pair is likely to remain within this range today.

The price is above …

EURUSD

The pair is still trading within the range. This tendency is likely to continue today, as the results of the new tax code discussion in the US Congress are expected to be revealed.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is …