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Technical analysis 13.09.18

AUDUSD

The pair is trading below the level of 0.7200 following a local growth caused by the expectations of the US-China talks to be favorable. We do not think it likely, while the Reserve Bank of Australia will not raise the interest rates this year due to this uncertainty, which …

Technical analysis 12.09.18

AUDUSD

The pair is consolidating at the mark of 0.7100. It’s still under pressure due to the escalating trade conflict between the US and China that may slow the world economy’s growth and decrease the demand for commodities in China, which can result in slower economic growth in Australia.

The …

Technical analysis 11.09.18

GBPUSD

The pair is receiving support due to the expectations of the Brexit crisis coming to an end in November. This was hinted at on Monday in the speech of the EU’s Brexit negotiator Michel Barnier.

The price is on the upper Bollinger band, above SMA 5 and SMA 14. …

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