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Technical analysis 04.09.18

GBPUSD

The pair is below the level of 1.2855 as Theresa May’s Cabinet is deemed unable to solve the Brexit crisis.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone and is moving down. Stoch are also falling in …

Technical analysis 03.09.18

AUDUSD

The pair is below 0.7200 as the world economy is feared to be unable to continue growing against the background of the trade wars started by the US. Another negative factor for the pair is the released PMI data in China which showed a decline from 50.8 to 50.6 …

Technical Analysis 31.08.18

EURUSD

While trading above the 1.1650 level, the pair remains under pressure caused by the risk of Turkey debt crisis spreading to Europe.

The price is lower than the middle Bollinger band, higher than SMA 5 but lower than SMA 14. RSI resides below the 50% level and moving horizontally. …

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