Analytic reviews

EURUSD

The pair is traded lower than 1.1255 level amid the reduction in the number of short positions for USD. If the pice keeps trading lower than the mentioned level, there is a possibility that the pair will keep correcting to the downside. 

The price is higher than the upper Bollonger band, lower than SMA 5 and SMA14. RSI is going down. Stoch are trying to rise.

Trading recommendations: Sell the pair with approximate target of 1.1215 and then to 1.1165.

EURUSD

The overall situation hasn't changed since yesterday - if Fed. signals that the rates can be elevated on any of the following meetings, the pair can fall under a fair amount of pressure amid restavration of the expectations that ECB and Fed. monetary polices would contradict. 

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI is crossing 50% level. Stoch turned downwards.

Trading recommendations: Sell the pair on beneficial for USD news from the Fed. and upon breaching of 1.1055 level which should lead to further fall till 1.10825.

EURUSD

The pair keeps consolidating before the Fed decision on interest rates is announced. Most likely, it will keep oscillating in 1.1055-1.1200 range till the announcement. If there is a hint that the rates can be elevated on any of the following meetings and Janet Yellen confirms it, the pair can fall under a fair amount of pressure.

The price is touching the upper Bollinger band, being lower than SMA5 and on the SMA14 level. RSI is higher than 50% level and moving horizontally. Stoch are rising.

Trading recommendations: Sell the pair while it is rising from the upper range line with approximate target of 1.1055. Breaching of this level should lead to a further fall till 1.0825.

EURUSD

The pair is correcting down after the local rise on Thursday influenced by the ECB stimulus decision. The additional reason for the price decline is the rise of the European indices and dicrease in interest to the defensive assets.

The price is touching the upper Bollinger band. It is lower than SMA5 and SMA14. RSI turned downwards. Stoch are in the overbought zone and signal a price decline.

Trading recommendations: Sell the pair with the approximate target of 1.1055. Breaching of 1.0955 can push the pair down to 1.0825.

EURUSD

The pair is consolidating in a narrow range awaiting for ECB decision on stimulus measures. If it is positive, a local fall can be expected. 

The price is touching the lower Bollinger band, and is lower than SMA5 and SMA14. RSI is on the 50% level. Stoch turned downwards and passed 50% line.

Trading recommendations: Sell the pair on the positive news form ECB and if level 1.0945 is breached which will send the pair towards 1.0840 region.

EURUSD

The pair will most likely move inside 1.0935-1.1055 range before the ECB decision is announced. It is expected that the bank will expand the stimulus measures. If that happens the pair can fall under pressure.

The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI is lower than 50% level and moving downwards. Stoch entered the oversold zone.

Trading recommendations: Sell the pair while it is rising from the upper line or after 1.0935 level is breached keeping in mind that it is likely to fall to 1.0840.

EURUSD

The pair is consolidating higher than 1.1000 awaiting for the publication of the Eurozone GDP figures and the ECB decision on the monetary posicy that is to be announced this Thursday.

The price is on the upper Bollinger band, higher than SMA5 and SMA14. RSI is higher than 50% level and moving horizontally. Stoch reside in the overbough zone.

Trading recommendations: The pair will probably be moving in 1.0950-1.1065 range prior to the ECB meeting.

 EURUSD

The pair is located higher than 1.0950-55 after the steady growth in Friday amid the expectations that Fed. is not going to increase the interest rate in March. At the same time, investors are in doubt regarding stimulus measures coming from ECB which restrains the growth of Euro. 

The price is on the upper Bollinger band, lower than SMA5 and SMA14. RSI is higher than 50% level and showing downside monement. Stoch are also falling.

Trading recommendations: Breaching of 1.0950-55 level and lead to its lowering to 1.0835. But if the level is not breached there is a possiblity of a local fall to 1.1070.

EURUSD

The pair is consolidating in a narrow range that is higher than 1.0850 level. If the tomorrow's US unemployment data is strong, the pair can be pushed down as it is highly expected that ECB is to increase stimulus measures.

The price is on the lower Bollinger band, on SMA5 and SMA 14 levels. RSI is lower than 50% lelve and moving horizontally.

Trading recommendations: Once the economic data is released, sell the pair if 1.0850 level is breached. Downside movement reaching1.0786 and 1.0700 levels is expected.

EURUSD

The pair resides higher than 1.0850 level and can continue falling if ADP data is better than expected.

The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI is under 50% level and resides on the border of the oversold zone. Stoch are rising.

Trading recommendations: Sell the pair once 1.0850 level is breached with approximate target of 1.0785.