Daily reviews

EURUSD

The pair consolidates expecting this week’s ECB meeting results. If Mario Draghi will imply the further stimulus program expansion, strong local pressure on the pair can be expected.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI index is under 50% level and …

EURUSD

The pair fell sharply under 1.1460 level following the ECB Nowoty comments related to the the central bank stimulus program expansion. If the US consumer inflation data won’t be worse than expected, a further fall can be expected.

The price is higher than the middle Bollinger band, lower than …

EURUSD

Continuous weakness of the US Dollar keeps pushing the pair up. The fact that the major investors do not tend to take risks and European stocks lowering their positions also play a role in the quote formation.

The pair is higher than the middle Bollinger band and higher than …

EURUSD

The pair is rising supported by the same weakness of the US Dollar and unlikeliness of interest rate hikes this year. ECB is also not rushing stimulus program expansion.

The price is higher than the Middle Bollinger band and higher than SMA 5 and SMA 14. RSI index is …

EUR USD

The pair remains lifted due to the weakness of the US Dollar and the fact that US interest rates will not be increased till the end of the year and, possibly, in the beginning of the next one.

The price is at the upper Bollinger band and higher …

EURUSD

The pair continues to move in a narrow range. Its grows is being restrained as ECB stimulus program expansion is expected and the fall is not happening because of the weakness of US Dollar due to unlikeness of the rate hikes in the nearest future.

The price is higher …

EURUSD

The pair consolidates awaiting the Mario Draghi speech (president of ECB). New   announcements regarding the ECB stimulus program will put a certain level of pressure on the pair and cause the increase of risk appetite and in buying shares of European companies which usually causes a negative effect on …

EURUSD

The pair is trying to grow using US Dollar weakness. The risk that ECB stimulus program is going to be expanded is restraining the growth and keeps USD from giving up its positions. It may keep consolidating on this level for quite some time.

The price is higher than …

EURUSD

The pair is experiencing a slight fall awaiting Non-Farm data release. Further fall is possible if the data is highly positive. If not, Euro could strengthen its positions against US Dollar.

The price is lower than the middle Bollinger band, lower than SMA 4 and SMA 14. RSI index …

EURUSD
The pair continues to range between 1.1100 and 1.1295. It is possible that it may rise up to 1.1295 due to oversold conditions. We assume that it is better to sell the pair on the rise when this level is reached. 
The price is lower than the middle Bollinger …