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Technical analysis 07.06.2018

07.06.2018

Market Review

EURUSD

The pair is above the level of 1.1800. It’s going up as the ECB is expected to not only to abandon the economic stimulus measures this September but to start raising the interest rates next year, based on this May’s strong consumer inflation data and the stable growth of …

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Technical analysis 06.06.2018

06.06.2018

Market Review

USDCAD

The pair is consolidating above the level of 1.2910. CAD has received support as the US oil reserve data recently released by the American Petroleum Institute show 2 million barrels less than the previous week. The Canadian currency’s growth is also restrained by the increase in gasoline reserves by …

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Technical analysis 04.06.2018

04.06.2018

Market Review

USDJPY

The pair is consolidating below the level of 109.85. Its growth is restrained by the expected increase in tension surrounding the use of trade wars as an instrument of pressure on their economic opponents by the US.

The price is above the middle line of the borders of Bollinger …

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Technical analysis 01.06.2018

01.06.2018

Market Review

EURUSD

The pair is consolidating above the level of 1.1665. The markets are waiting for the US employment data to be released. If it’s better than predicted, it will support the USD rate.

The price is above the middle line of the borders of Bollinger bands, below EMA 5, but …

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Technical overview 31.05.2018

31.05.2018

Market Review

EURUSD

The pair is in uptrend as the USD is weakened as a timely resolution of the trade conflict between the US and China is no longer expected, while the new edition of the US GDP data for the 1st quarter is weaker than predicted.

The price is above EMA …

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Technical overview 30.05.2018

30.05.2018

Market Review

EURUSD

The pair is in downtrend against the backdrop of the ongoing political crisis in Italy and Spain. The expected raise of the interest rates in the US also puts the pair under pressure, which strengthens the positions of the USD.

The price is below the middle line of the …

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Technical overview 29.05.2018

29.05.2018

Market Review

EURUSD

The pair is in downtrend against the backdrop of the political crisis in Italy and Spain. The expected growth of the interest rates in the US also supports the USD.

The price is at the lower line of the borders of Bollinger bands, below EMA 5 and EMA 13. …

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Technical analysis 28.05.2018

28.05.2018

Market Review

EURUSD

The pair is in downtrend as the Fed is expected to keep raising the interest rates, while the ECB is expected to stick to its current policy until the end of the year.

The price is below the middle line of the borders of Bollinger bands, below EMA 5 …

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Technical analysis 25.05.2018

25.05.2018

Market Review

USDCAD

The price is trading above the level of 1.2900 as the crude oil prices correct and if they continue falling, the pair will likely go upwards.

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

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Technical analysis 24.05.18

24.05.2018

Market Review

GBPUSD

The price is correcting upwards following yesterday’s significant decline triggered by the indications of lower inflation in Britain. The pair is likely to resume falling after the rebound.

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

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