Technical Analysis Report - EUR/USD
31/08/2016 // 07:33:51 am
Supported by J.Yellen’s comments about growing possibility of the Fed rate hike, the USD gains its position.
In the 4-hours chart, the price remained below the broken 200-EMA and the current support at 1.1150. The resistance is observed at 1.1200, the support exists at 1.1130.
The indicators MACD and RSI lies in the negative territory, maintaining the risk towards the downside
The mood of the market remains bearish. If the price remains below the 200-EMA and the 50 and 100 EMAs will advance south in the 4 hours chart we may see a downtrend continuation
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