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Forex: technical overview 29.01.18

29.01.2018

Technical reviews

EURUSD

The pair is trading above the mark of 1.2380, as the new economic statistics data on consumer inflation in the US is expected to be released.

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

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Forex: technical analysis 26.01.18

26.01.2018

Technical reviews

EURUSD

The pair corrected after the abrupt growth following the results of the ECB meeting, but it’s hard to say whether this correction will continue. Technically, the pair may attempt going up once before resuming correction.

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

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Forex: technical overview 25.01.18

25.01.2018

Technical reviews

EURUSD

The pair remains in a short-term uptrend as the USD is weakened and the ECB is still expected to stop the economic stimulus measures this year and to start raising the interest rates in the next year.

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

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Forex: technical overview 24.01.18

24.01.2018

Technical reviews

EURUSD

The pair has breached the upper end the price range of 1.2165–1.2300 against the background of the positive economic data from the eurozone and Germany and following the announcement of Jerome Powell being appointed as the Chair of the Fed by the US Senate.

The price is above the …

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Forex: technical overview 23.01.18

23.01.2018

Technical reviews

GBPUSD

The pair is in a short-term uptrend as the Brexit negotiations are expected to end soon and the Bank of England will have to keep raising the interest rates.

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

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Forex: technical overview 22.01.18

22.01.2018

Technical reviews

USDJPY

The pair is within the range of 110.30–111.45. The market players are waiting for the Bank of Japan to reveal the results of their monetary policy meeting this Tuesday. The pair is likely to remain in its current state until this event.

The price is below the middle line …

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Forex: technical overview 19.01.18

19.01.2018

Technical reviews

EURUSD

The pair is within the range of 1.2165–1.2300. The market players are waiting for the results of the ECB meeting next week. The current state of affairs is likely to last until this event.

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

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Forex: technical overview 18.01.18

18.01.2018

Technical reviews

EURUSD

The pair is trading at the support level of 1.2200. The market is taking a break while waiting for the new economic statistics data. The consolidation is likely to last until the end of the current week, but at the same time, the pair may also decrease.

The price …

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Forex: technical overview 17.01.18

17.01.2018

Technical reviews

EURUSD

The pair is trading above the support level of 1.2200, but if today’s consumer inflation data in the eurozone turn out to be weak, the price may fall.

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

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Forex: technical overview 16.01.18

16.01.2018

Technical reviews

EURUSD

The pair is trading at the new local maximum point as the ECB is expected to abandon the economic stimulus policy this year. However, the pair is strongly technically overbought, which may result in a decline if today’s consumer inflation data in Germany doesn’t display any positive tendency.

The …

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