Daily reviews

USDCAD

The pair is testing 1.3000 level amid the downside correction of oil prices. The markets are awating the publication of the new US GDP data and, of course, Harvard University Yellen speech. These two events will most likely give more strenghth to the US currency provided that the above-mentioned …

EURUSD

The pair has corrected to the 1.1180 level unfluenced by the news that the agreement on the Greek bebt has been reached and additional aid from the IMF will be received. However, a strong US economy data which will come later today can push the pair down.

The pair …

EURUSD

Пара продолжает оставаться в краткосрочном нисходящем тренде, и эта тенденция может продолжится после выхода очередных сильных данных по американской экономике, которые будут публиковаться на этой неделе.   

Цена находится ниже средней линии индикатора Боллинджера, на линии SМА 5, но ниже SMA 14. Индекс относительной силы RSI расположен над уровнем перепроданности …

EURUSD

The pair is consolidating under 1.1365 level and can keep declining if the US CPI (MoM) numbers to be published today are not worse than expected, as it is supposed to bring back to life expectations that the Fed will go for the interest rate hike on the meeting …

EURUSD

The pair can correct upwards for the mere reason that there's no inportant statistics from the Eurozone and the US today, but it doesn't mean that it can't decline. 

The price is lower than the middle Bollinger band, higher than SMA5 but lower than SMA14. RSI is leaving the …

USD/CAD

The pair is correcting downside amid the oil prices recoil during Asian session. It is possible that the pair will follow the prices and come down to  1.2750, but the downside trend has already been cracked and there is a high probability that the pair will keep rising. 

The …

USDCAD

The market opened with a gap amid the unsatisfactory results of the Doha summit. Because of the pessimism and the probable oil price weakening the pair will keep rising.

The price is higher than the upper Bollinger band, higher than SMA5 and SMA14. RSI keeps rising. Stoch are entering …

EURUSD

The pair is breaching the support level while expecting the american economy data which is to be published later today.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides on the oversold line. Stoch turned downwards.

Trading recommendations: Sell the pair when …

USDCAD

The pair is correcting upwards aimd the falling oil prices. If they keep correcting, a continious local rise can be expected. 

The price is on the middle Bollinger band, higher than SMA5 but lower then SMA14. RSI index is leaving the oversold zone and signals to Buy. Stoch also …

EURUSD

The pair keeps consolidating in a narrow range amid the absense of strong drivers today. Most probably that won't change much today.

The price is lower that the middle Bollinger band, lower than SMA5 and SMA14. RSI is lower than 50% level and moving down. Stoch signal the rise. …