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EURUSD Technical analysis 24.08.17

24.08.2017

Technical reviews

EURUSD

The pair is trading in the range of 1.1685-1.1825. It will probably remain there up until Mario Draghi's speech this Friday. However, if the speech proves to be unfavorable for the market, the pair will come under pressure.

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

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EURUSD Technical analysis 23.08.17

23.08.2017

Technical reviews

EURUSD

The pair stands still as Mario Draghi is expected to deliver a speech at 7 PM (GMT). If the speech indicates the cease of the eurozone's economy stimulation, the price is expected to rise. At the same time, if the decision is postponed, the pair is likely to drop. …

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EURUSD Technical analysis 22.08.17

22.08.2017

Technical reviews

EURUSD

The pair is reversing downwards while remaining in the range of 1.1685-1.1830. It's under pressure as the ECB is no longer expected to decide this September to stop stimulating the eurozone economy in 2018.

The price is above the middle Bollinger band, below SMA, but still above SMA 14. …

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USDCAD Technical analysis 21.08.17

21.08.2017

Technical reviews

USDCAD

The pair is no longer in a downtrend as the crude oil prices are stabilized at a local maximum. If the oil quotes will start correcting downwards (which is likely), the pair will also maintain the uptrend.

The price is below the middle Bollinger band, above SМА, but below …

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USDJPY Technical Analysis 18.08.2017

18.08.2017

Technical reviews

USDJPY

The pair has resumed its fall amid the weakness of the US Dollar. Japanese Yen is rising thanks to the positive data on the Japanese economy and the content of the last week's Fed meeting minutes, which signaled the increased concerns regarding the weak inflation. 

The price is lower …

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EURUSD Technical Analysis 17.08.2017

17.08.2017

Technical reviews

EURUSD

The pair remains in the consolidation period with a slight move downwards. The market is lowering its expectations regarding the cut of stimulus measures by ECB in 2018. If today's Eurozone CPI data still shows stability or decline, the pair's fall may be expected. 

The price is lower than …

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GBPUSD Technical Analysis 16.08.2017

16.08.2017

Technical reviews

GBPUSD

The pair is trading under the 1.2840 level while waiting for the release of the last Fed monetary policy meeting minutes. If it shows the bank's concerns regarding the low inflation, a local weakening of the US Dollar may be expected. At the same time, a positive content may …

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EURUSD Technical Analysis 15.08.2017

15.08.2017

Technical reviews

EURUSD

The pair continues to fall amid the weak 2nd quarter GDP data from Germany, which may decrease the probability of the reduction in ECB stimulus measures next year. Positive US retail sales data also may pressure the prices. 

The price is lower than the middle Bollinger band, lower than …

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EURUSD technical analysis 14.08.2017

14.08.2017

Technical reviews

EURUSD

It is most likely that the pair will keep trading flat amid the factors that restrain both the pair's growth and fall. The pair doesn't grow as the market has doubts that the ECB will undertake any radical actions to eradicate the stimuli. At the same time, the current …

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EURUSD Technical analysis 11.08.17

11.08.2017

Technical reviews

EURUSD

The pair remains in the short term downtrend as the fresh data on the US consumer inflation is expected to be released today. If the inflation figures turn out to be at least on the predicted level or even higher, the pair will continue dropping.

The price is below …

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