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EURGBP Technical analysis 11.09.17

11.09.2017

Market Review

EURGBP

The pair is still under pressure following the last week's release of positive data on British economy, moreover, the pair has been strongly overbought recently.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone, Stoch are already there. …

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USDJPY Technical analysis 08.09.17

08.09.2017

Market Review

USDJPY

The pair continues to fall under the influence of two important factors. First, it's the tense international climate, second, the weakness of USD. The yen keeps growing despite the release of weaker second quarter GBP data in Japan.

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

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EURGBP Technical analysis 07.09.17

07.09.2017

Market Review

EURGBP

The pair is moving within the narrow range in anticipation of the outcome of the ECB monetary policy meeting, which will determine the future of stimulating measures. If the bank doesn't rule to cease the stimulation or to reduce its volume and Mario Draghi doesn't convince the market of …

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EURGBP Technical analysis 06.09.17

06.09.2017

Market Review

EURGBP

The pair resumed its decline against the backdrop of weak business activity indices in Eurozone that were released this Tuesday. There are increasing doubts on the market that the ECB will decide at tomorrow meeting to cease the stimulation programs in 2018.

The price is below the middle Bollinger …

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USDJPY Technical analysis 05.09.17

05.09.2017

Market Review

USDJPY

Risks in international politics push the pair downwards while the investors display demand for protective assets, one of which is the Japanese yen. The pair is most likely to decline as long as North Korean crisis keeps threatening to escalate.

The price is below the middle Bollinger band, below …

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EURGBP Technical analysis 04.09.17

04.09.2017

Market Review

EURGBP

The pair is in a short downtrend as the ECB is expected to stop stimulating the Eurozone's economy in 2018.

The price is below the middle Bollinger's band, above SMA 5, but below SMA 14. RSI is below the 50% level and moves horizontally. Stoch are leaving the oversold …

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EURUSD Technical analysis 01.09.17

01.09.2017

Market Review

EURUSD

The pair continues to consolidate after yesterday's short growth as the weak data of PCE inflation indicator was released in the US.If today's US employment data turns out to be better than predicted, it may result in a local support for USD.

The price is below the middle Bollinger …

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EURUSD Technical analysis 31.08.17

31.08.2017

Market Review

EURUSD

The pair is consolidating as the US Department of Labor is expected to release the new data on the number of created jobs. It's likely to trade flat, above 1.1850 mark.

The price is above the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above …

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EURUSD Technical analysis 30.08.17

30.08.2017

Market Review

EURUSD

The pair is correcting as it's strongly technically overbought. Another key factor is the expectation of the results of the ECB monetary policy meeting on September 7th.

The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is moving downwards. Stoch are also going …

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EURUSD Technical analysis 29.08.17

29.08.2017

Market Review

EURUSD

The pair has reached 1.2030 mark. It's likely that it is going to correct downwards before attempting to grow further as the result of being technically overbought.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is in the overbought zone. Stoch are …

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