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Forex: technical overview 15.01.18

15.01.2018

Technical reviews

EURUSD

The pair is trading above the mark of 1.2200 as the US dollar weakens, while the ECB is expected to stop the stimulation of economy this year.

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

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Forex: technical overview 12.01.18

12.01.2018

Technical reviews

EURUSD

The pair is trading within the range of 1.915–1.2075, closer to its upper edge following the release of the weak industrial inflation data in the US this Thursday. If today’s figures on the consumer inflation turn out to be weaker than predicted, the pair is likely to go further …

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Forex: technical overview 11.01.18

11.01.2018

Technical reviews

USDJPY

The pair is still under pressure following the news that the Bank of Japan is to reduce the government bonds purchases by 5% in 10 and 25 years, which is perceived by the market as a possible start of the monetary policy change.

The price is below the middle …

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EURUSD Technical analysis 10.01.18

10.01.2018

Technical reviews

EURUSD

The pair corrected upwards following yesterday’s fall after a range of long positions was closed. The price is likely to remain today within the range as the new inflation data from the US is expected to be released, but a local fall is also possible.

The price is below …

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Forex: technical overview 09.01.18

09.01.2018

Technical reviews

EURUSD

The pair is still under pressure as the Euro is sold following its unfounded speculative growth just before the new year.

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% and is …

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EURUSD Technical analysis 08.01.18

08.01.2018

Technical reviews

EURUSD

The pair is in a downtrend after reaching another local maximum point last week. The local decline is likely to continue if the double top pattern is formed.

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

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FOREX: TECHNICAL PERSPECTIVE 29.12.17 г.

29.12.2017

Technical reviews

EURUSD

The pair is trading at the local maximum due to the investors' negative attitude towards the US dollar which is caused by the fact that all the USD supporting factors have already been in action. Those are the interest rate increase and the tax reform. USD is literally on …

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EURUSD Technical analysis 26.12.17

26.12.2017

Technical reviews

EURUSD

The pair is unlikely to show a significant change in price today, as it is influenced not just by the decline in the market players' interest to trade during the Christmas week, but also the holiday season in the largest European countries, where trading is currently closed.

The price …

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Forex: technical overview 22.12.17

22.12.2017

Technical reviews

EURUSD

The pair is trading down following the victory of pro-independence candidates in recent Catalan parliament election. This event is likely to continue having a downward effect on the single currency.

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

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Forex: Technical overview 21.11.17

21.12.2017

Technical reviews

EURUSD

The pair is correcting downwards after reaching a local maximum point following Donald Trump’s decision to postpone the passing of the new tax code until the beginning of the next year. It’s quite likely to continue falling.

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

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