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Technical Analysis 22.08.18

EURUSD

The pair is hanging on the 1.1560 level, awaiting the results of the trade tariffs meeting between the US and China. If the results are negative, the pair is likely to continue falling.

The price is higher than the middle Bollinger band, lower than SMA 5 but higher than …

Technical Analysis 21.08.18

USDCAD

The pair is in the trending downwards amid the decreased demand for the US dollar and the rising interest in the risk assets among investors. It is fairly possible that the pair will continue falling in light of the still increasing oil prices and this week's meeting between the …

Technical Analysis 20.08.18

USDCAD

The pair is trading higher than 1.3050 supported by the possible interest rate hike by Canada's Central Bank in September due to the increasing inflation. 

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides under 50% level and moving horizontally. …

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