Daily reviews

EURUSD

The pair keeps consolidating in a narrow range before the publication of the US retail sales and PPI (MoM) data which is to take place this Friday. ECB president M. Draghi will give a speech later today and if stimulus program is mentioned there the pair will most certainly …

EURUSD

The pair consolidates awaiting for the publication of important data concerning retail sales in the US, which will be released this Friday. If the data is strong the pair will be inevitably pushed down. Meanwhile, before Friday is here, the price will move in a narrow range.

The price …

AUDUSD

The pair rose due to the unchanged interest rate in Australia. It will probably continue to grow if the US Nonfarm data to released this Friday is weak. Until then, if it can’t hold on to 0.7200 level, a slight correction downwards can be expected.

The price is higher …

EURUSD

The pair keeps moving upwards in the wake of the publication of a rather weak data on the American economy wich, despite the FRS announcement about the possiblility of the interest rate increase, lowers these market expectations. If ISM manufacturing PMI data will be lower than 50-point level, the …

EURUSD

The pair rose till 1.1000 which corresponds to 23% Fibonacci level and if it manages to overcome it there is a possibility of a local rise. If it doesn't happen, it will start declining.

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

EURUSD

The pair consolidates awaiting for the U.S. GDP report. Weak numbers can lead to continuous upward correction which will take the pair to 1.1010 level. But if the price stays lower than 1.1000, it is quite possible that the downside movement will continue, despite the local oversold.

The price …

EURUSD

The pair consolidates awaiting the interest rate announcement from Fed. It is expected that the rates will remain at the same level which can support the pair and lead to a local raise. In this case it is better to sell the pair as the ECB stimulus program expansion …

EURUSD

The pair is slowly rising as investors restrain from active trading awaiting FOMC meeting which will take place later today and tomorrow.

The price is lower than the middle Bollindger band, but higher than SMA 5 and SMA 14. RSI index is above the oversold zone and is turning …

EURUSD

The pair is moving up from the 1.1000 support level it reached after the steep fall at the end of last week, which was caused by the expectations about ECB stimulus program expansion in December.

The price is lower than the middle Bollinger band, but higher than SMA 5 …

EURUSD

The uncertainty reagrding the future of stimulus program is pushing the pair down. If the decision to expand the program is positive, the pair can fall under a great pressure as it happened last month after the ECB meeting.

The pair is on the lower Bollinger band and also …