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Technical analysis 06.07.18

EURUSD

The pair is trading below the level of 1.1720 as the US employment market data is expected to be released. If they are noticeably favorable, a limited pressure for the pair is possible. At the same tine, if they are significantly worse than predicted, the pair may continue moving …

Technical analysis 05.07.18

EURUSD

The pair is trading above 1.1690, having received support after the release of positive economic statistics data from Germany. But it may change its direction and get under pressure if today’s ADP data and the Fed’s monetary policy meeting minutes are positive for the USD.

The price is above …

Technical analysis 04.07.18

USDCAD

The pair is trading on the level of 1.3125 and it’s under pressure due to the increased crude oil prices and the decreased tension concerning trade wars on the world markets.

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

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