Daily reviews

EURUSD

The pair is trading higher than the 1.1575 level amid the market's expectations that the ECB will start changing the economic policy this fall. The pair may continue rising, reaching its maximum level of May 2015, which is 1.1700, but before that, it may correct amid being strongly locally …

EURUSD

The pair is consolidating prior to the release of the ECB meeting results. It can be assumed that if the ECB statement doesn't mention a definite plan to cut the stimulus measures next year and if it becomes clear that they don't plan on gradually increasing the interest rates, …

GBPUSD

The pair is consolidating above the 1.3025 level after the recent fall, that followed the release of a worse-that-expected data on consumer inflation in Britain. At the moment the pair may rise or fall amid the overall uncertainty prior the Bank of England meeting, which is scheduled for the …

GBPUSD

The pair is consolidating lower than the 1.3110 level amid the overall weakness of the US dollar and while expecting the results of the Bank of England monetary policy meeting that will be held later in July. The fact that the market is expecting that the Bank will rise …

EURUSD

The pair is consolidating above 1.1400 mark as the United States dollar remains weakened and the result of this July’s ECB monetary policy meeting is still expected to be revealed.
The pair doesn’t have its own growth stimuli, that’s why it’s unlikely that it will show any significant growth …

EURUSD

The pair is trading above 1.1385 as the data on the United States consumer inflation and retail sales is expected to be released.

Euro evidently lacks its own growth stimuli, and it’s not able anymore to grow entirely at the expense of the US dollar’s weakness. That’s why if …

EURUSD

The pair is trading above 1.1440 mark as general attitude towards the USD shifts unfavorably after the Fed Chair Janet Yellen’s speech in Congress yesterday. If today the data on industrial inflation doesn’t demonstrate better values, the pair may resume its growth.

The price is above the middle Bollinger …

EURUSD

On Tuesday the pair reached its May 2016 level and upon the opening of trades in Europe today, it started correcting while waiting for the Yellen's speech, which will include the bank's report on the monetary policy. 

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

EURUSD

The pair has fallen below the important support level 1.1390 amid the strengthening of the US dollar, that happened prior to the Yellen's speech on Wednesday and Thursday where the monetary policy topic came into focus. 

The price is lower than the middle Bollinger band, lower than SMA 5 …

EURUSD

The pair is still consolidating at the previously reached maximums amid the expectations that the ECB changes its course. It is assumed that reduction of stimulus measures in early 2018 will be announced this fall after the German federal elections take place. These expectations are the reason for the …