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Technical Analysis 04.12.2018

GBPUSD

The pair is consolidating above 1.2700 in expectation of the vote on Brexit deal in the British Parliament that may result in a motion of no confidence in Theresa May if the deal, which is deemed unfavorable for the UK, doesn’t pass.

The price is below the middle Bollinger …

EURUSD Analysis 04.12.2018

The single currency of the European Union region rose during the Asian session to see its fourth session retreat in five sessions since November 14 against the US dollar following talks by Federal Reserve Governor Jerome Powell and a member of the Federal Committee for Leil Brenner in Washington, Economic …

Technical Analysis 03.12.2018

AUDUSD

The pair is trading with a gap following the meeting of Donald Trump with Xi Jinping at G20 summit in Argentina, which turned out to be positive for the market. Overall growth of the demand for risk assets and lower tension on the markets may lead to the further …

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