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Technical analysis 15.10.18

15.10.2018

AUDUSD

The pair is trading above 0.7100. The Australian currency is still a hostage of the US-China trade war, which will remain a source of pressure for the pair. That’s why we don’t expect any significant growth and recommend selling the pair at its growth.

The price is above the …

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Technical analysis 12.10.18

12.10.2018

AUDUSD

The pair is trading below 0.7130. The Reserve Bank of Australia announced that the Australian economy would have growth problems due to the US-China trade war, which indicates that they are not likely to raise the interest rates. Thus, as the Fed will continue doing that, the spread between …

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Technical analysis 11.10.18

11.10.2018

USDCHF

The pair is trading above 0.9850 while remaining under pressure as the investors’ risk appetite is decreasing due to the growing concern over the world economy’s not only slowing growth, but even a possible decline.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. …

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Technical analysis 10.10.18

10.10.2018

EURUSD

The pair is trading above the level of 1.1500. It received local support due to the partial profit taking amid the closing of short positions. The pair may resume its limited recovery or reverse downwards again.

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

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Technical analysis 09.10.18

09.10.2018

EURUSD

The pair is trading below 1.1500. It’s affected negatively by the likelihood of escalating debt crisis in Italy and Greece, while the USD positions grow stronger amid the continuing US government bonds rally.

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

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Technical analysis 08.10.18

08.10.2018

AUDUSD

The pair is trading below the level of 0.7085 and is still under pressure as the risk appetite is dropping in the markets due to the escalating US-China crisis.

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

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Technical analysis 05.10.18

05.10.2018

AUDUSD

The pair remains in a short-term downtrend due to the still unresolved US-China trade dispute. It may be put under extra pressure after the US employment data is released today.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is in the oversold …

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Technical analysis 04.10.18

04.10.2018

EURUSD

The pair is under pressure amid the escalating Greek debt crisis, while the US and China enter the new level of negative relations which that are not only of trade, but also of geopolitical nature.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. …

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Technical analysis 03.10.18

03.10.2018

Market Review

AUDUSD

The pair is consolidating below 0.7200 as the ADP data for the previous month is expected to be released in the US, while the services business activity index is also to be published. If the data is favorable, the pair will be likely to resume its local fall.

The …

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Technical analysis 02.10.18

02.10.2018

Market Review

EURUSD

The pair remains in downtrend due to the USD’s stronger positions and the difference of the interest rates between the Fed and the ECB, not in favor of the latter.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is enterubg the oversold …

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