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Technical overview 17.04.18

NZDUSD

The pair is consolidating at the local maximum point against the background of the unfavorable China GDP data released today, and also the decreased volume of New Zealand government bonds purchases by non-residents. The pair has been trading flat for over two months due to the uncertainty on the …

Technical overview 16.04.18

WTI oil

The absence of any evident increase in the Middle East tensions following the missile strike on Syria by the US and the allies puts the oil prices under pressure, as it was the main stimulus for their growth lately.

The price is below the middle line of the …

Technical overview 13.04.18

EURUSD

The price is still trading flat due to the weak eurozone data and the tense geopolitical situation.

The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is below the level of 50%. Stochastic oscillators are growing.

Trading recommendations: …

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