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Technical overview 24.07.18

AUDUSD

The pair is trading within the range of 0.7310–0.7445 against the background of the US-China trade war and the unlikelihood the RBA raising the interest rates in the foreseeable future.

The price is below the middle Bollinger line, below SMA5 and SMA 14. RSI is below the level of …

Technical analysis 23.07.18

EURUSD

The pair is trading within the existing range. The tendency is likely to remain until the ECB monetary policy meeting this Thursday. Due to this it’s possible to assume that the pair may correct downwards today.

The price is above the lower Bollinger band, below SMA 5, but above …

Technical analysis 20.07.18

EURUSD

The pair didn’t pass 1.1670 due to Donald Trump’s expressed dissatisfaction with the USD rate on Thursday and now is trading below this level. The pair is likely to continue its local decline while still trading flat.

The price is below the lower Bollinger band, below SMA 5, but …

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