EURUSD
The pair is growing as the recently started trade war between the US and China is feared to have a negative impact on the USD. Technically the pair is forming a descending triangle continuation pattern.
The pair is above the middle line of the borders of Bollinger bands, above …
USDJPY
The price is moving down following Donald Trump’s de facto declaration of trade war with China. Hence the demand for the Japanese yen is growing and the pair may resume falling after the likely correction upwards.
The price is below the middle line of the borders of Bollinger bands, …
GBPUSD
The pair receives support as the EU summit is expected to solve a number of Brexit problems. It’s safe to assume that if the summit’s outcome proves positive, while the Bank of England meeting hints at another interest rates increase, the pair will continue growing. However, unfavorable news would …
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