Home About the company Daily reviews EURUSD Technical analysis 29.02.2016

EURUSD Technical analysis 29.02.2016

29.02.2016

Market Review

EURUSD

The pair is approaching 1.1000 level, which can be breached amid the US GDP data publication, but only if it is exceeding the expected numbers by 0,4%

The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI is lower than 50% level and truning downwards. Stoch signal to Sell.

Trading recommendations: Sell the pair is 1.1000 level is breached and the US data is good, with approximate target of 1.0900.

Author: admin
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?