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Technical analysis 13.08.18

EURUSD

The pair is trying to recover as the short positions are being closed against the backdrop of profit taking. It’s likely to recover to 1.1450, which would be a good reason to get back to selling it amid the increasing risks for the world economy due to the US-China …

Technical analysis 10.08.18

AUDUSD

The pair is trading above 0.7320. If this mark is breached amid the growing tension of the trade wars and the consumer inflation data is positive, the pair may go further down.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is entering …

Technical analysis 09.08.18

EURUSD

The pair couldn’t pass 1.1600 and hold above it. The overall tension around the trade conflict between Washington and Beijing may lead to its reversing downwards and moving further down.

The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is testing the …

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