Home About the company Daily reviews Technical analysis EURUSD 15.10.2019

Technical analysis EURUSD 15.10.2019

15.10.2019

Market Review

The pair is trading above 1.1000 as investors wait for the resolution of Brexit, while the US-China trade talks continue to progress.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the level of 50% and begins to test this mark. Stoch are below the 50% level and declining.

Trading recommendations:

A break below the level of 1.0000 will cause a local drop to 1.0950.

Author: admin
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