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Technical analysis 26.07.18

EURUSD

The pair is trading below 1.1750 as the results of the ECB meeting are expected to be revealed. If the ECB underlines the concern over the eurozone’s economy in light of the trade wars, it may put the pair under pressure. At the same time, optimism caused by the …

Technical analysis 25.07.18

EURUSD

The pair is trading within the range of 1.1635–1.1745 as the trade war between the US and China escalates and the results of the ECB Thursday monetary policy meeting are expected to be revealed.

The price is on the middle Bollinger band, above SMA 5, but below SMA 14. …

Technical overview 24.07.18

AUDUSD

The pair is trading within the range of 0.7310–0.7445 against the background of the US-China trade war and the unlikelihood the RBA raising the interest rates in the foreseeable future.

The price is below the middle Bollinger line, below SMA5 and SMA 14. RSI is below the level of …

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