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EURUSD Technical Analysis 15.08.2016

EURUSD

The weakness of the US dollar is pushing the pair up, but the high probability of stimulus expansion by ECB acts as a restraining factor here. It is most probable that the price will remain inside the 1.1135-1.1225 range until the news from the ECB is published. If ECB …

EURGBP SELL

The pair has reached another maximum and looks overbought. Correction in EURGBP can be expected amid GBP recovery. Open a SELL order from 0,86000 level.

Stop/Loss: 0,86460.

Take/Profit: 0,85270 – 0,84750.

USDJPY Technical Analysis 12.08.2016

USDJPY

The pair is consolidating and forming a triangle pattern amid the release of the US retail sales data. If the numbers are higher than expected it will push the pair up. If the numbers are lower than expected the pair will fall to the lower range of the triange, …

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