Daily analysis of major pairs for May 12, 2017

EUR/USD: There is a sell signal on the EUR/USD pair. The EMA 11 is below the EMA 56 and the Williams’ % Range with period 20 is in the oversold area. Further bearish movement is anticipated, which may take the price towards the support lines at 1.0850, 1.0800 and 1.0750. A strong rally would render […]