Daily reviews

USDCAD

The pair is traded higher than 1.3520 level amid the weakening of the crude oil quotes, as it is unclear if the OPEC is going to extend the oil cuts.

The price is on the upper Bollinger band, higher than SMA5 and SMA14. RSI resides under the overbought zone …

EURUSD

The pair is correcting downwards after the strong growth prompted by the outcome of the first round of the French presidential election. The market responds positively to the new leading candidates, who are now Emmanuel Macron and Marine Le Pen, with Macron being expected to win.
The price is …

GBPUSD

The pair is traded around the 1.2800 level amid the investors' positive attitude towards the decision of the British Government to hold an early general election. The pair still has a potential to rise, but it seems like it will be limited. 

The price is higher than the middle …

GBPUSD

The pair showed a steep rise, following the unexpected announcement made by Theresa May (British prime minister), who said that she wants to hold the general election on the 8th of June. It provided support to the Pound, as it has been assumed that the Brexit will now be …

EURUSD

Europe is still on the Easter holidays. Meanwhile, it is a working day in the US. We don't expect a noticeable dynamics prior to the trades opening in the US. The pair will most likely will stay within the range till the elections in France. 

The price is lower …

EURUSD

The major world financial markets are closed today due to the Good Friday. Hence, we are not expecting any significant changes.

The price is at the middle Bollinger band, lower than SMA5 and SMA14. RSI resides under the 50% level and moving horizontally. Stoch are also in the oversold …

EURUSD

The pair is traded below the 1.0680 level. From a technical standpoint, the pair is overbought and has all chances to locally turn downwards, it it fails to breach this point.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides above the …

EURUSD

The pair is stuck inside the  1.0565-1.0650 range and may stay there till the presidential elections in France. The probability of a further fall still exists and may be triggered by the difference in the ECB and Fed.'s monetary policies.

The price is lower than the middle Bollinger band, …

EURUSD

The pair remains within the short term downtrend, which may continue if the price stays lower than 1.0600, despite being locally oversold. The US dollar receives support amid the rise in expectations that the Fed increases the interest rate in June.

The price is lower than the lower Bollinger …

AUDUSD

The pair remains inside a short term downside trend, which may continue if the employment data from the US is not worse than expected.

The price is lower than the lower Bollinger band, lower than SMA5 and SMA14. RSI resides above the oversold zone and falling. Stoch are also …