Daily reviews

USDJPY

The pair is lower than 111.50. The market keeps following the publications of the data on the American economy, but the attention is mainly focused on the results of the trade negotiations between the US and China.

The price is higher than the upper Bollinger band, higher than SMA5 …

USDCAD

The pair has returned into the corridor of 1.3290-1.3400 amid the publication of the US API data, which showed shortage in oil reserve by 1.8 bln barrels. Gasoline and distillates reserves have also lowered way more than was expected. The pair may keep falling as a result.

The price …

USDCAD

The pair is once again testing the strong resistance level of 1.3400 amid the strong US Dollar positions, supported by the strong economic statistics and inability of oil prices to continue the rally that began end of the last year.

The price is higher than the upper Bollinger band, …

EURUSD

The pair is consolidating above the important level of 1.0650 prior to the release of another piece of the economic data from the US. The most important data this week is the employment figures.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI …

EURUSD

The pair is trading higher than 1.0670 and remains under pressure amid the strong US economy data and the negative inflation figures in Germany, growth rate of which seems to become lower. If today's PCE data from the US is strong, and the pressure caused by the inflation in …

EURUSD

The pair is traded above 1.0740 level pending the release of American GDP final figures for the fourth quarter. Another factor is the Fed’s Evans, Rosengren and Williams announcing the rate increase by four times in total this year.  
The price is below the middle Bollinger band, at the …

EURUSD

The pair is correcting downwards, staying within the short term upward trend. Its growth is restrained by the lack of fresh positive news on the elections in France. The fall doesn't happen because of the fact that investors are still waiting for the US Congress vote on the future …

EURUSD

The pair has reached a local maximum after the first pre-electoral debates in France, where, as reported by the media, the victory went to Macron. However, the pair may correct if there are no positive news for Macron today.

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

GBPUSD

The pair is consolidating above 1.2335. If the governor of the Bank of England M. Carney mentions the possible future problems the country may encounter when exiting the European Union in his comment today, the Pound may fall under pressure.

The price is on the middle Bollinger band, lower …

EURUSD

The pair is trading under 1.0780 level, on  the still remaining hopes that Macron will win the election in France, as it may lower the risks of eurosceptics taking power in Europe, which may push the ECB to reduce stimuli, which, in its turn, will support the Euro. 

The …