Daily reviews

USDCAD

The pair is trading above the 1.2955 level. It is supported by the increasing oil prices and the hopes and the US and Canada will come to a new trade agreement. The markets are also expecting the Bank of Canada to increase the interest rates in September.

The price …

EURUSD

The pair is reversing down after the Friday's rise that happened after Powell's speech in Jackson Hole. The problem of trade wards and the possibility of debt crisis spreading to Italy will probably put the Euro under pressure. 

The price is higher than the middle Bollinger band but lower …

AUDUSD

The pair is correcting downwards amid profit taking and the hopes that the US and China will reach a compromise. We believe that the possibility of such an outcome is quite low, hence the pair may continue falling.

The price is lower than the middle Bollinger band, higher than …

EURUSD

The pair is reversing down as a result of the publication of the protocol where the Fed. made it clear that the interest rate increase is possible in September. The ECB monetary policy meeting protocol may cause another negative effect on the pair if it shows that the European …

EURUSD

The pair is hanging on the 1.1560 level, awaiting the results of the trade tariffs meeting between the US and China. If the results are negative, the pair is likely to continue falling.

The price is higher than the middle Bollinger band, lower than SMA 5 but higher than …

USDCAD

The pair is in the trending downwards amid the decreased demand for the US dollar and the rising interest in the risk assets among investors. It is fairly possible that the pair will continue falling in light of the still increasing oil prices and this week's meeting between the …

USDCAD

The pair is trading higher than 1.3050 supported by the possible interest rate hike by Canada's Central Bank in September due to the increasing inflation. 

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides under 50% level and moving horizontally. …

USDCAD

The pair may fall today as the Canada consumer inflation data is expected to be favorable. Also the pair is supported locally by the oil prices trying to resume growth.

The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is above the …

EURUSD

The pair is below 1.1365. It’s supported by the relatively lower tension on the market due to the resumed tariff talks between China and the US.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the level of 50% and is …

EURUSD

The pair is below the level of 1.1350. It may try to recover to 1.1400 as the demand for risk assets returns to the European stock markets. However, it’s still more likely to remain under pressure nonetheless.

The price is below the middle Bollinger band, above SMA 5, but …