USDJPY
The pair is consolidating prior to the Fed meeting results announcement, which will take place on 26-27 of July. Most probably, it will continue to do so today.
The price is on the middle Bollinger band, higher than SMA5 and SMA14. RSI is higher than 50% level and moving …
Divergence is building up on 4H charts, which signals possible trend change. Open a SELL order from 0,98400 level.
Stop/loss: 0,99110.
Take/profit: 0,97850 – 0,97250.
USDCAD
The pair is rising amid the fall in oil prices and the fact that the US interest rates are about to rise in the coming months.
The price is higher than the upper Bollinger band, higher than SMA5 and SMA 14. RSI is testing the border of the overbought …
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