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Technical Analysis 24.08.18

AUDUSD

The pair is correcting downwards amid profit taking and the hopes that the US and China will reach a compromise. We believe that the possibility of such an outcome is quite low, hence the pair may continue falling.

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

Technical Analysis 23.08.18

EURUSD

The pair is reversing down as a result of the publication of the protocol where the Fed. made it clear that the interest rate increase is possible in September. The ECB monetary policy meeting protocol may cause another negative effect on the pair if it shows that the European …

Technical Analysis 22.08.18

EURUSD

The pair is hanging on the 1.1560 level, awaiting the results of the trade tariffs meeting between the US and China. If the results are negative, the pair is likely to continue falling.

The price is higher than the middle Bollinger band, lower than SMA 5 but higher than …

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