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Technical analysis 19.07.18

EURUSD

The pair is trading in downtrend above 1.1615 due to stronger USD positions following Jerome Powell’s speech in the Senate. This tendency is expected to remain today.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and …

Technical analysis 18.07.18

AUDUSD

The pair is trading below 0.7360 and is likely to keep moving in the current sideways trend against the backdrop of trade wars and the possible further interest rates raise by the Fed which was indicated at on Tuesday by its chairman Jerome Powell.

The price is below the …

Technical analysis 17.07.18

EURUSD

The pair is trading above the level of 1.1715. It’s supported by the decreased geopolitical risks and by the investors hoping that the Eurozone consumer inflation data indicates growth,

The price is on the upper Bollinger band, above SMA 5 and SMA 14.RSI is above the level of 50% …

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