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Technical analysis 15.08.18

EURUSD

The pair is below the level of 1.1350. It may try to recover to 1.1400 as the demand for risk assets returns to the European stock markets. However, it’s still more likely to remain under pressure nonetheless.

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

Technical analysis 14.08.18

EURUSD

The pair is below 1.1425. It may receive support due to the expected favorable economic statistical data that is to be released today in Germany and the eurozone.

The pair is below the lower Bollinger band, above SMA 5 and SMA 14. RSI is above the oversold zone and …

Technical analysis 13.08.18

EURUSD

The pair is trying to recover as the short positions are being closed against the backdrop of profit taking. It’s likely to recover to 1.1450, which would be a good reason to get back to selling it amid the increasing risks for the world economy due to the US-China …

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