Technical Analysis Report - EUR/USD
12/08/2016 // 06:41:21 am
It was a positive day for the US Currency as it gained position supported by strong Jobless Claims report which displayed a drop in the claims number.
The pair ascended up to 1.1180. The uphill journey was short-lived and weak. The price remained in the same range. The resistance is observed at 1.1200, the support stands at 1.1130.
MACD points to the weakening positions of the sellers. RSI stays close to the overbought area.
The moving averages slightly changed from yesterday.
If the ascending journey of the pair EUR/USD keeps growing, its next stop could well be at the 1.1200 region. Else, the price will fall to 1.1050.
29/09/2016 // 07:44:21 am
Pound was weighed by Shafik’s dovish comments (the BOE deputy) as
29/09/2016 // 07:41:12 am
On wednesday, the US currency dollar rose because of profit fixati
27/09/2016 // 10:33:13 am
The dollar remained under pressure against its major rivals as stocks