Home About the company Daily reviews Technical analysis 07.08.18

Technical analysis 07.08.18

07.08.2018

Market Review

EURUSD

The pair is trading above 1.1550. It started recovering after the USD profit taking. It’s quite likely to partially recover today.

The price is below the middle Bollinger band, above SMA 5 and SMA 14.RSI is above the oversold zone and indicates this is a good time to buy. Stoch are growing.

Trading recommendations:

The pair has passed 1.1560, which means there’s now a possibility of a local growth to 1.1615.

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?