Daily reviews

EURUSD

The rise of Euro against the US dollar is caused by the ambiguity of the Trump's policy, as his fiscal stimulus program plans have yet to see the light of day. This uncertainty pushes the US dollar down, but once a strong US economic statistics data is released, the …

EURUSD 
The pair may come under pressure if today’s consumer inflation figures turn out to be not as bad as expected. It is assumed that consumer prices index will go up to 2,2% on a year-over-year basis, which is higher than 2,0% level that was established by the FED. In …

In view of the growing concern that the outcome of Brexit may prove to be more dramatic that it was believed before, the pair is tightly pressed, as the market players aim to avoid risks. This trend may continue today, if British PM Theresa May confirm these concerns during her …

EURUSD

The pair is above 1.0600 level in anticipation of two major events of this week: the results of ECB meeting on monetary policy and Donald Trump’s inauguration speech this Friday. It is expected that ECB will continue its soft monetary policy and Trump will finally unveil the details of …

EURUSD

This Thursday the pair couldn’t consolidate above 1.0655 level and, in all likelihood, will test again this mark before the important figures on the US economy are published. However, if these figures turn out to be positive, there’s a possibility of local downwards reverse of the price.

The price …

EURUSD

The pair consolidates within the range against the background of low volumes in pre-New Year week. The pair is likely to remain in the range of 1.0350-1.0480 until the end of the year. After the New Year, we expect the price to continue falling.

The pair is above the …

EURUSD

The major currency pair remains in a narrow range of 1.0430-1.0465, as Christmas and New Year holiday season is under way.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is at 50% level and moves horizontally. Stoch are falling.

Trading recommendations:

In …

EURUSD

Our prognosis regarding the pair remains unchanged. It will probably keep consolidating withing the 1.0350-1.0480 range amid the low pre-holiday volumes. Seems like despite the partial profit taking, investors are not willing to part with the US currency.

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

EURUSD
The pair continues to consolidate with the general decline against the backdrop of increasing expectations of it reaching parity. Mainly it is caused by the increasing dynamics of divergence of the Fed’s and Bank of Japan’s monetary policies.

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

USDJPY

The pair is correcting downwards after the recent strong rise, which is caused by the pre-holiday low investors' activity, as well as by the fact that the pair is technically overbought. It is possible that the correction will continue for some time, but we still think that the pair …