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Technical analysis 12.07.18

AUDUSD

The pair is trading below the level of 0.7400 while remaining under pressure due to the escalating trade war between the US and China. It may restore its positions thanks to the somewhat increasing demand on risk assets and the profit taking, but most likely it will continue falling …

Technical analysis 11.07.18

AUDUSD

The pair is trading above 0.7400 under the pressure of the escalating trade war between the US and China. Due to this the commodity assets are also under pressure which negatively affects the rates of commodity currencies.

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

Technical analysis 10.07.18

EURUSD

The pair is trading below 1.1745 as the German ZEW economic sentiment index data is expected to be released. It is expected to indicate decline. It may put the pair under pressure against the background of the UK government crisis over Brexit.

The price is above the upper Bollinger …

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