Home About the company Daily reviews Technical Analysis 04.05.18

Technical Analysis 04.05.18

EURUSD

The pair is consolidating inside a narrow range awaiting for the US Payroll data. It can be assumed that strong data can lead to a slight fall.

The price is lower than the lower Bollinger band, at the EMA 5 and EMA 13 levels. RSI is moving horizontally. Stoch are rising.

Trading recommendations: 

The pair can go down to 1.1900 amid a strong US April Payroll data.
 
 

Author: admin
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews
Log in Registration

Don't have your language?