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Technical analysis 09.08.18

EURUSD

The pair couldn’t pass 1.1600 and hold above it. The overall tension around the trade conflict between Washington and Beijing may lead to its reversing downwards and moving further down.

The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is testing the …

Technical analysis 08.08.18

EURUSD

The pair is trading above 1.1610. The existing demand for risk assets may support the pair in the further local growth within the range of 1.1520–1.1745.

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

Technical analysis 07.08.18

EURUSD

The pair is trading above 1.1550. It started recovering after the USD profit taking. It’s quite likely to partially recover today.

The price is below the middle Bollinger band, above SMA 5 and SMA 14.RSI is above the oversold zone and indicates this is a good time to buy. …

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