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EURGBP Technical analysis 06.09.17

EURGBP

The pair resumed its decline against the backdrop of weak business activity indices in Eurozone that were released this Tuesday. There are increasing doubts on the market that the ECB will decide at tomorrow meeting to cease the stimulation programs in 2018.

The price is below the middle Bollinger …

USDJPY Technical analysis 05.09.17

USDJPY

Risks in international politics push the pair downwards while the investors display demand for protective assets, one of which is the Japanese yen. The pair is most likely to decline as long as North Korean crisis keeps threatening to escalate.

The price is below the middle Bollinger band, below …

EURGBP Technical analysis 04.09.17

EURGBP

The pair is in a short downtrend as the ECB is expected to stop stimulating the Eurozone's economy in 2018.

The price is below the middle Bollinger's band, above SMA 5, but below SMA 14. RSI is below the 50% level and moves horizontally. Stoch are leaving the oversold …

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