EURUSD
The pair is reversing down after the Friday's rise that happened after Powell's speech in Jackson Hole. The problem of trade wards and the possibility of debt crisis spreading to Italy will probably put the Euro under pressure.
The price is higher than the middle Bollinger band but lower …
AUDUSD
The pair is correcting downwards amid profit taking and the hopes that the US and China will reach a compromise. We believe that the possibility of such an outcome is quite low, hence the pair may continue falling.
The price is lower than the middle Bollinger band, higher than …
EURUSD
The pair is reversing down as a result of the publication of the protocol where the Fed. made it clear that the interest rate increase is possible in September. The ECB monetary policy meeting protocol may cause another negative effect on the pair if it shows that the European …
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