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Technical analysis 22.10.18

USDJPY

The pair is testing the level of 112.70 amid the growing demand for shares in Japan. The pair is also indicating a positive tendency within the short-term uptrend that is visible on the day timeframe after reaching the local maximum.

The price is above the middle Bollinger band, above …

Technical analysis 19.10.18

GBPUSD

The pair is trading above 1.3015 against the background of the failed Brexit talks. Considering that a number of the world’s most important economic indicators are showing decline, the pair may resume local fall.

The price is below the middle Bollinger band, on the level of SMA 5, but …

Technical analysis 18.10.18

GBPUSD

The pair is trading above 1.3080 in expectation of the outcome of the EU leaders’ meeting. If the summit doesn’t result in a comprehensive Brexit agreement, the pair may resume its decline. Only in case of positive news the pair is likely to start growing.

The price is below …

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