Home About the company Daily reviews EURUSD technical analysis 25.08.2020

EURUSD technical analysis 25.08.2020

25.08.2020

Market Review

EURUSD
The growing demand for risk in the stock and commodity markets supports the pair. If the US Conference Board index data published today turns out to be no worse than the forecast, this will push the pair back to growth.
Technical side:
The price is below the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the level of 50%, but it is growing. Stoch indicate a weakening of the downward dynamics.
EURUSD rate online: monitor the price movement in real time.


Trading recommendations:
Expect the pair to grow up first to 1.1880, and then to 1.1965.

Author: admin
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