Daily reviews

USDJPY

The pair is traded above 111.75 level. It will have a positive effect on the United States dollar if Janet Yellen’s upcoming speech confirms the Fed’s intention to continue raising interest rates, and normalize its monetary policy.

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

EURUSD

The pair is trading within the 1.1140-1.1210 range, where it will probably stay until the publication of the consumer inflation data later this week. The pair continues to receive support from the market's hopes that the ECB will announce a reduction of the stimulus measures this fall and that …

EURUSD

The pair is trading higher than the support level 1.1140 amid the decrease in activity of market participants — the result of the past two weeks when the world Central Banks were announcing their plans on the future monetary policy. Now the attention of the market players is on …

USDJPY

The pair is higher than the support level of  111.00. It has corrected amid the weak negative reaction of the Japanese market due to the multi-directional dynamics of the US dollar.

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides …

EURUSD

The pair is lower than the support level 1.1140. It is currently under pressure due to the positive comments made by the US Central Bank representatives regarding the Fed. actions. Another reason for the current situation is the high hopes regarding the US dollar rise amid the reduction of …

EURUSD

The pair is trading inside the 1.1165-1.1275 range. At the moment it is receiving support from a still strong conviction that by the fall the ECB changes its monetary policy action and after the elections in Germany it will decide to reduce the stimulus or even elevate the interest …

EURUSD

The pair is trading below the 1.1175 level amid the rising expectations regarding the US dollar surge after the release of the Fed. meeting results.

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides under the 50% level and falling. …

GBPUSD

The pair is trading under the 1.2800 level prior to the release of the Bank of England monetary policy meeting results. We expect that the interest rate remains unchanged while the Bank is unlikely to announce changes in the current monetary policy in the nearest future.

The price is …

EURUSD

The pair is trading inside the 1.1175-1.1225 range, expecting the results of the Fed. meeting. The market is expecting that the interest rate will be elevated, which is probably already considered in the price. But the most important information will be the Fed.'s plans for the future. If it …

EURUSD

The pair is trading within the 1.1165-1.1275 range, while the market is waiting for the results of the Fed. meeting. Investors are not willing to risk and open large volume trades prior to the Fed. meeting on the monetary policy. The market has no doubts that the interest rate …