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GBPUSD Technical analysis 09.08.2016

GBPUSD

The pair has breached the 1.3000 support level and if the today's data on the British economy is weaker than expected, the price will most probably fall further.
 
The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides in the oversold zone. Stoch …

EURUSD Technical Analysis 08.08.2016

EURUSD

The pair has been trading with slight changes since its return to the 1.1020-1.1155 range awating for the ECB decision on monetary policy. It can be assumed that since the Bank of England eased the monetary policy, the ECB can also go for the additional stimulus, which will have …

EURUSD Technical Analysis 05.08.2016

EURUSD

The pair is consolidating above 1.1120 level while waiting for the US Nonfarm Payroll July data release. If the numbers are higher than expected the pair will fall under pressure.

The price is lower than the middle Bollinger band, higher than SMA5 but lower than SMA14. RSI is moving …

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