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Technical Analysis 30.08.18

USDCAD

The pair is trading within a narrow range before the US and Canada negotiations on NAFTA. If the agreement is reached, the price is expected to continue falling. If the two parties don't come to an agreement, a local rise can be expected.

The price is below the middle …

Technical Analysis 28.08.18

USDCAD

The pair is trading above the 1.2955 level. It is supported by the increasing oil prices and the hopes and the US and Canada will come to a new trade agreement. The markets are also expecting the Bank of Canada to increase the interest rates in September.

The price …

Technical Analysis 27.08.18

EURUSD

The pair is reversing down after the Friday's rise that happened after Powell's speech in Jackson Hole. The problem of trade wards and the possibility of debt crisis spreading to Italy will probably put the Euro under pressure. 

The price is higher than the middle Bollinger band but lower …

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