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EURUSD Technical Analysis 03.06.2016

EURUSD

The pair is consolidating after it fell Thursday, triggered by the ECB decision on monetary policy and Draghi speech where he made it clear that the Eurozone interest rate will stay on the lowest level for a considerable amount of time. The picture will change once the US employment …

EURUSD Technical Analysis 01.06.2016

EURUSD

The pair is consolidating above 1.1120 level while the market is expecting the next US economic report. It can be assumed that the consolidation will continue till the US employment data is released which will happen this Friday.

The price is higher than the middle Bollinger band, higher than …

USDCAD Technical Analysis 27.05.2016

USDCAD

The pair is testing 1.3000 level amid the downside correction of oil prices. The markets are awating the publication of the new US GDP data and, of course, Harvard University Yellen speech. These two events will most likely give more strenghth to the US currency provided that the above-mentioned …

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