Analytic reviews

EURUSD
Pasangan mata uang ini mengkonsolidasikan ke titik harga yang lebih rendah dari titik 1,0550 setelah jatuh harga yang terlihat sebelum rilis data ADP Nonfarm employment yang kuat. Perhatian investor saat ini akan ditarik oleh hasil pertemuan ECB pada kebijakan moneter. Kami tidak mengharapkan ECB untuk mengubah kebijakan moneter, sehingga hasil pertemuan dapat menempatkan Euro di bawah tekanan.
Harga lebih rendah dari Bollinger band tengah, lebih tinggi dari SMA5, tetapi lebih rendah dari SMA14. RSI berada tingkat yang lebih rendah dari 50% dan mencoba untuk pergi ke atas. Stoch meninggalkan zona oversold.

Rekomendasi perdagangan: Pasangan ini dapat membalik arah hingga ke titik 1,0550, tetapi jika sinyal ECB menunjukan kemungkinan penurunan langkah-langkah stimulus kedepannya, harga akan terus jatuh. Pasangan mata uang ini bahkan bisa jatuh ke titik 1,0500.

EURUSD

The pair is consolidating lower than 1.0550 level after a fall it took prior to the strong ADP Nonfarm employment data release. Today investors' attention will be drawn by the results of the ECB meeting on the monetary policy. We don't expect the ECB to change its monetary policy, so the meeting outcome may put the Euro under pressure.

The price is lower than the middle Bollinger band, higher than SMA5, but lower than SMA14. RSI resides lower than 50% level and trying to go upwards. Stoch are leaving the oversold zone. 

Trading recommendations: The pair may correct up to 1.0550, but if the ECB signals possible decrease in stimulus measures in the future, the price will keep falling. The pair may even fall to 1.0500.

EURUSD

The pair is traded in a narrow range, staying under pressure amid the expected US interes rate increase. Upside and downside moves are possible prior to the ECB meeting this Thursday. We are not expecting the meeting results to support euro hence, the pair will remain under pressure.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides above 50% level and moving horizontally. Stoch are leaving the oversold zone.

Trading recommendations:
If the price falls lower than 1.0575, it will result in further fall to 1.0500. At the same time, breaching of 1.0595 level may lead to a local rise up to 1.0630.

EURUSD

The pair is correcting after a strong surge, that happened amid the speculations over ECB's stimulus reduction. However, we don't expect it to happen this week. On the other hand, positive US employment data will support the US dollar, pushing the pair down.

The quote is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides under overbought level and going down. Stoch are leaving the overbought zone.

Trading recommendations:
If the price falls lower than 1.0595 a further decline to 1.0500 can be expected.

EURUSD

The pair remains under the 1.0525 level while waiting for Yellen's speech. If there is a signal that the interest rate may be increased in March, the pair will continue falling.

The price is lower than the lower Bollinger band, higher than SMA5, but lower than SMA14. RSI resides lower than 50% level and moving horizontally. Stoch are rising.

Trading recommendations: If the price falls lower than 1.0500, it may cause further fall to 1.0450.

EURUSD

The pair has started falling again amid the increase in expectations about the US interest rate increase this month after caused by the Fed P. Harker, Williams and Dudley's speeches. The "peaceful" speech of Donald Trump in the US congress, where he spoke about the relevancy of his economic reforms, also had a positive effect on the US dollar.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides lower than 50% level and falling. Stoch have entered the oversold zone.

Trading recommendations:
If the price falls lower than 1.0530 may result in further decline to 1.0500 and 1.0450.

EURUSD

The pair is trading with a slight increase compared to the recent local minimum taken, but the increase is caused by the absence of the clear indication of the interest rate increase in the Fed. meeting minutes published on Wednesday and not because of the elevated strength of the Euro. The pair is most likely to stay within the 1.0530-1.0600 range during the day, but only if it doesn't go higher than 1.0600.   

The price is higher than the middle Bollinger band, higher than SMA4 and SMA14. RSI went higher than 50% level. Stoch are non-informative.

Trading recommendations:
If the pair doesn't go higher than 1.0600, there is a possibility of it declining and reaching 1.0530.

EURUSD

The pair has corrected upwards due to the fact that the Fed meeting minutes didn't indicate the possibility of interest rate increase in March. Despite that, the pair will remain under pressure because of the uncertainty of the outcome of the upcoming election in France, which can lead to the triumph of eurosceptics and result in France leaving the Eurozone. 

The price is lower than the middle Bollinger band but still higher than SMA5 and SMA14. RSI remains under 50% level and turning downwards. Stoch are also demonstrating an effort to turn downwards.

Trading recommendations: If the price falls lower than 1.0530 it may lead to further decline to 1.0500, and then, possibly to 1.0470.

EURUSD

The pair has fallen lower than 1.0530 amid the second P. Harker's comment that the interest rates may be increased this year by three times at least. The pair is also negatively affected by the expectation of a rather strict protocol of the latest Fed meeting.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI is testing the level of the oversold zone. Stoch are rising.

Trading recommendations: If the price doesn't go back to being higher than 1.0530 when the protocol is published, there is a possibility of a further fall to 1.0500 and to 1.0470.

 EURUSD

The pair has fallen lower than 1.0600 amid the P. Harker's comment that he may vote for the interest rate increase by another 0.25% – up to 1.0% during the March meeting. 

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI RSI resides under the 50% level and lowering. Stoch are in the oversold zone.

Trading recommendations: If the price rises higher than 1.0600, further fall to 1.0530 and then to 1.0500 can be expected.