Daily reviews

WTI oil

The absence of any evident increase in the Middle East tensions following the missile strike on Syria by the US and the allies puts the oil prices under pressure, as it was the main stimulus for their growth lately.

The price is below the middle line of the …

EURUSD

The price is still trading flat due to the weak eurozone data and the tense geopolitical situation.

The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is below the level of 50%. Stochastic oscillators are growing.

Trading recommendations: …

USDCAD

The pair is in downtrend as the geopolitical tension surrounding the situation in Syria increases. It’s still unclear whether the US will carry out a missile strike, but if it happens, the tension will reduce and the pair will be expected to reverse upwards.

The price is below the …

EURUSD

The pair received support due to the increased demand for risk assets, but today it may reverse downwards if the US consumer inflation data is stronger than predicted.

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

EURUSD

Although the pair did rise this Monday following the increased demand for risk assets, it’s still trading flat. It’s likely to correct downwards, as it’s locally overbought.

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

EURUSD

The pair is trading within a very narrow range of 1.2260–1.2295. The pair, just as the financial markets as a whole, is under pressure due to the trade war between the US and China. Another negative factor is the decreased trade balance of Germany, which indicates that the country’s …

EURUSD

The pair continues to consolidate within the existing range as the news from Germany and the eurozone indicate weak figures. Also, the trade war between the US and China mфy have a negative impact on the growth of the world economy. If today’s US employment data turns out to …

EURUSD

The pair continues to consolidate against the background of conflicting signals that don’t let it take a definite direction, so it remains within the existing range. The dynamics is likely to remain for the time being.

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

EURUSD

The pair is consolidating above the mark of 1.2255. There’s a strong probability of a local growth prompted by the eurozone consumer inflation news if they are favorable for the euro. However, it may fall if the figures turn out to be worse than predicted, and in case of …

EURUSD

The pair is restoring following the surge of futures contracts on major American stock indices, which is a result of China increasing tariffs on US imports yesterday.

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