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EURUSD Technical Analysis 07.12.2016

EURUSD

The pair has rebounded from the local maximum that was reached on Monday. It can fall to the recent minimum if the ECB makes it clear that the stimulum measures may continue in 2017. 

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI …

EURUSD Technical Analysis 06.12.2016

EURUSD

The pair started correcting downwards, after reaching a local maximum on Monday. It is possible that the correction will intensify prior the ECB meeting, where the bank can announce expansion of the stimulus measures.

The price is higher than the middle Bollinger band, lower than SMA5, but still higher …

USDCAD Technical analysis 5.12.2016

USDCAD

The pair has found support on the level of 1.3260 amid the oil price surge that occured after the OPEC summit last week . If the correction continues, the pair may correct upwards.

The price is on the middle Bollinger band, higher than SMA4, but sill lower than SMA14. …

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