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Technical analysis 04.10.18

EURUSD

The pair is under pressure amid the escalating Greek debt crisis, while the US and China enter the new level of negative relations which that are not only of trade, but also of geopolitical nature.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. …

Technical analysis 03.10.18

AUDUSD

The pair is consolidating below 0.7200 as the ADP data for the previous month is expected to be released in the US, while the services business activity index is also to be published. If the data is favorable, the pair will be likely to resume its local fall.

The …

Technical analysis 02.10.18

EURUSD

The pair remains in downtrend due to the USD’s stronger positions and the difference of the interest rates between the Fed and the ECB, not in favor of the latter.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is enterubg the oversold …

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