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Technical analysis 07.09.18

AUDUSD

The pair is still under pressure amid growing concern over the world economy slowing down because of the trade wars and the decreasing demand for risk assets.

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

Technical analysis 06.09.18

AUDUSD

The pair is still under pressure against the backdrop of the escalating trade war between the US and China which may have a negative influence on Australia’s export to China.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold …

Technical analysis 05.09.18

GBPUSD

The pair is under pressure and is below 1.2855 not only due to the concerns over Theresa May’s inability to solve the Brexit crisis, but also due to the vocal indicators of slowed economic growth in the country.

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

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