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Technical analysis 19.09.18

USDCAD

The pair is still under pressure as the US-Canada talks on North American trade are expected to have a positive outcome. Also, CAD is receiving support amid growing crude oil prices.

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

Technical analysis 18.09.18

EURUSD

The pair is still within the range of 1.1540–1.1730. It’s likely to remain this way today. If Mario Draghi’s speech is optimistic, the price may breech 1.1730 and continue growing, but otherwise it would be likely to reverse downwards again.

The price is above the middle Bollinger band, below …

Technical analysis 17.09.18

EURUSD

The price is poised between two levels of support and resistance, 1.1615 and 1.1645 respectively as the eurozone consumer inflation data is expected to be released. If the data is negative or doesn’t indicate growth, the pair may continue falling. At the same time, if the data shows growth, …

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