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Main » 2020 » January » 16 » EURUSD analyst forecast, trading recommendations 16/01/2020
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EURUSD analyst forecast, trading recommendations 16/01/2020

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Technical Overview EURUSD 16.01.2020

 

EURUSD The pair is trading in the short-term uptrend. It is located above the level of 1.1140. If the ECB's December meeting minutes published today show a lack of consensus about the prospects for a soft monetary policy regulator, it could push the pair to the further growth of the EURUSD rate.

 

 

The price is above the midline indicator Bollinger, SMA below 5 but above SMA 14. RSI RSI is located above the level of 50% horizontally moves. Stoch reduced.

 

 

Recommendations on EURUSD trade:
Binding quotations EURUSD above $ 1.1140 could serve as a basis for the resumption of growth in prices EURUSD to 1.1200.

 

 

Analytics Grand Capital

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.

 

 

 

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