Daily reviews

EURUSD

The pair remains under a great deal of pressure as it is becoming more evident that ECB will not be changing the monetary policy this year. Strengthening of the US economy and the interest rate hike only add to the situation.

The price resides below the lower line of …

EURUSD

The pair has fallen down to the target level of 1.2075 and keeps falling. It’s under pressure as the ECB is no longer expected to abandon the economic stimulus measures. The strong US economic statistics data released yesterday supports the USD.

The price is below the lower line of …

EURUSD

The pair is down at the target level of 1.2155 as the ECB is expected to proceed cautiously about abandoning the economic stimulus measures this September.

The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is again entering …

EURUSD

The pair is again testing the support level of 1.2200. If this level is passed as the US Treasury bonds yields rise, the pair may go further down, and then may proceed falling even lower following the results of the ECB meeting this Thursday.

The price is below the …

EURUSD

The pair is in downtrend above the level of 1.2200 as the ECB monetary policy meeting results are expected to be released. The pair may correct upwards, but it’s most likely to continue falling following the meeting’s results.

The price is below the middle line of the borders of …

EURUSD

The pair is still under pressure as the investors no longer expect the ECB to stop economic stimulus measures before the end of the year due to the slower economic growth and the eurozone’s inflation pressure. The bank is believed to make the decision to wait at the meeting …

GBPUSD

The pair is still under pressure as the Bank of England is no longer expected to raise the interest rates this June.

The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is entering the oversold area. Stochastic oscillators …

GBPUSD

The pair is testing the level of 1.4185 as the UK retail sales data is expected to be released. It’s anticipated to show a 0.5% decrease this March. If the data turns out to be as predicted or lower, the pair will be highly likely to continue falling.

The …

EURUSD

The pair is consolidating as the eurozone consumer inflation data is expected to be released. If the data indicate that the inflation is still slowing down, it would put the pair under a local pressure.

The price is below the middle line of the borders of Bollinger bands, below …

NZDUSD

The pair is consolidating at the local maximum point against the background of the unfavorable China GDP data released today, and also the decreased volume of New Zealand government bonds purchases by non-residents. The pair has been trading flat for over two months due to the uncertainty on the …