Grand Capital - Analytics

    Grand Capital

    599.75 5.25/10
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    EURUSD Technical analysis 13.01.2015


    The pair keeps moving in 1.0800-1.0990 range. Most probably, before the important economic statistics data from the US (especially inflation-related) is published, it will keep doing so.

    The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI resides lover than 50% level and moving horizontally. Stoch are entering the oversold zone.

    Trading recommendations: Buy the pair if it holds above 1.0800 with an appoximate target of 1.0990.

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