EURUSD
The pair is trading above the 1.05 level while remaining in a short-term downtrend. Data on inflation in the eurozone will be announced today and may locally support the pair, but overall, due to the ECB’s monetary policy and the difficult economic situation in Europe, it may go further …
Tuesday, February 2nd, today’s news—global markets are optimistic after a strong start of the week. Progress in the stimulus talks in the US, Dow futures rise by almost 100 points, dollar is at a seven-week high, gold is down. The price of Brent oil is $56.91, WTI—$54.14, EUR/USD is at …
EURUSD
The pair is trading below 1.2100 due to the stronger US dollar, which is supported by an increase in the yield of US government bonds.
Technical side:
The price is located below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the 50% level and …
Don't have your language?
