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Technical analysis 16.07.18

EURUSD

The pair is trading above 1.1670 as the US retail sales data is expected to be released, which may result in the pair’s growth or decline.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is just above the level of 50%. Stoch …

Technical analysis 13.07.18

EURUSD

The pair is trading below 1.1650 following the release of the ECB meeting minutes that indicated the intention to follow the soft monetary policy for an indefinite period of time.

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

Technical analysis 12.07.18

AUDUSD

The pair is trading below the level of 0.7400 while remaining under pressure due to the escalating trade war between the US and China. It may restore its positions thanks to the somewhat increasing demand on risk assets and the profit taking, but most likely it will continue falling …

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