Daily reviews

EURUSD

The price is poised between two levels of support and resistance, 1.1615 and 1.1645 respectively as the eurozone consumer inflation data is expected to be released. If the data is negative or doesn’t indicate growth, the pair may continue falling. At the same time, if the data shows growth, …

AUDUSD

The pair is trading below the level of 0.7200 following a local growth caused by the expectations of the US-China talks to be favorable. We do not think it likely, while the Reserve Bank of Australia will not raise the interest rates this year due to this uncertainty, which …

AUDUSD

The pair is consolidating at the mark of 0.7100. It’s still under pressure due to the escalating trade conflict between the US and China that may slow the world economy’s growth and decrease the demand for commodities in China, which can result in slower economic growth in Australia.

The …

GBPUSD

The pair is receiving support due to the expectations of the Brexit crisis coming to an end in November. This was hinted at on Monday in the speech of the EU’s Brexit negotiator Michel Barnier.

The price is on the upper Bollinger band, above SMA 5 and SMA 14. …

AUDUSD

The pair is still under pressure as Donald Trump threatens to raise tariffs on Chinese import to 267 billion dollars which worries the investors who expect slower world economy growth and, as a result, weaker demand of raw materials and commodities.

The price is below the lower Bollinger band, …

AUDUSD

The pair is still under pressure amid growing concern over the world economy slowing down because of the trade wars and the decreasing demand for risk assets.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone and is …

AUDUSD

The pair is still under pressure against the backdrop of the escalating trade war between the US and China which may have a negative influence on Australia’s export to China.

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

GBPUSD

The pair is under pressure and is below 1.2855 not only due to the concerns over Theresa May’s inability to solve the Brexit crisis, but also due to the vocal indicators of slowed economic growth in the country.

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

GBPUSD

The pair is below the level of 1.2855 as Theresa May’s Cabinet is deemed unable to solve the Brexit crisis.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone and is moving down. Stoch are also falling in …

AUDUSD

The pair is below 0.7200 as the world economy is feared to be unable to continue growing against the background of the trade wars started by the US. Another negative factor for the pair is the released PMI data in China which showed a decline from 50.8 to 50.6 …