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Technical analysis 16.08.18

16.08.2018

Market Review

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 …

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Technical analysis 15.08.18

15.08.2018

Market Review

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 …

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Technical analysis 14.08.18

14.08.2018

Market Review

EURUSD

The pair is below 1.1425. It may receive support due to the expected favorable economic statistical data that is to be released today in Germany and the eurozone.

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

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Technical analysis 13.08.18

13.08.2018

Market Review

EURUSD

The pair is trying to recover as the short positions are being closed against the backdrop of profit taking. It’s likely to recover to 1.1450, which would be a good reason to get back to selling it amid the increasing risks for the world economy due to the US-China …

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Technical analysis 10.08.18

10.08.2018

Market Review

AUDUSD

The pair is trading above 0.7320. If this mark is breached amid the growing tension of the trade wars and the consumer inflation data is positive, the pair may go further down.

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

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Technical analysis 09.08.18

09.08.2018

Market Review

EURUSD

The pair couldn’t pass 1.1600 and hold above it. The overall tension around the trade conflict between Washington and Beijing may lead to its reversing downwards and moving further down.

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

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Technical analysis 08.08.18

08.08.2018

Market Review

EURUSD

The pair is trading above 1.1610. The existing demand for risk assets may support the pair in the further local growth within the range of 1.1520–1.1745.

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

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Technical analysis 07.08.18

07.08.2018

Market Review

EURUSD

The pair is trading above 1.1550. It started recovering after the USD profit taking. It’s quite likely to partially recover today.

The price is below the middle Bollinger band, above SMA 5 and SMA 14.RSI is above the oversold zone and indicates this is a good time to buy. …

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Technical analysis 06.08.18

06.08.2018

Market Review

EURUSD

The pair is trading in downtrend against the backdrop of the stronger USD position due to the results of the Fed meeting and last week’s employment data. However, the pair may slightly recover today if the eurozone data is favorable.

The price is below the middle Bollinger band, below …

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Technical analysis 03.08.18

03.08.2018

Market Review

EURUSD

The pair remains within the range of 1.1580–1.1745, but is likely to resume falling today after the release of strong employment and average wage data from the US if they don’t turn out to be worse than predicted.

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

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