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EURUSD Technical analysis 26.12.17

26.12.2017

Market Review

EURUSD

The pair is unlikely to show a significant change in price today, as it is influenced not just by the decline in the market players' interest to trade during the Christmas week, but also the holiday season in the largest European countries, where trading is currently closed.

The price is higher than the upper Bollinger band, higher than SMA5 and SMA14. RSI resides above the 50% level and growing. Stoch are also growing.

Trading recommendations: 
The pair will most likely be trading flat 1.1840-1.1885.

Author: admin
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