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Technical analysis 24.05.18

GBPUSD

The price is correcting upwards following yesterday’s significant decline triggered by the indications of lower inflation in Britain. The pair is likely to resume falling after the rebound.

The price is below the middle line of the borders of Bollinger bands, above EMA 5, but below EMA 13. RSI …

Technical analysis 23.05.2018

GBPUSD

The pair resumed falling following the renewed growth of the USD, which is supported by the expectations not only of the Fed continuing to raise the interest rates but also of the improving the US-China trade balance by 100 billion.

The price is below the middle line of the …

Technical analysis 22.05.2018

USDJPY

The pair has corrected downwards against the backdrop of profit-taking by investors, as well as a small decline of the US government bonds yield and of the demand for company stocks.

The price is above the middle line of the borders of Bollinger bands, above EMA 5 and EMA …

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