Overview of EUR/USD on July 31st. The forecast for the “Regression Channels”. The reduction in the Fed rate is not a panacea
4-hour timeframe Technical data: The upper channel of linear regression: direction – up. The lower channel of linear regression: direction – down. The moving average (20; smoothed) – down. CCI: 55.4765 The European currency has adjusted in the last two days to the moving average line and failed to overcome it. Since the Fed’s possible […]
