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EURUSD Technical Analysis 16.09.16

EURUSD

The pair keeps consolidating while the Fed is yet to announce its monetary policy decision. In all likelihood, the movement will continue within a narrow band.

The price is below the middle Bollinger band, lower than SMA 5 and SMA 14. RSI is declining below 50% level. Stoch are …

EURUSD Technical Analysis 15.09.16

EURUSD

The pair’s current position is based on expectations that the consumer inflation level in Eurozone will remain low and the promising figures in USA will increase the likelihood of the Fed raising the interest rates next week. 


The price is lower than middle Bollinger band, lower than SМА 5 …

USDJPY Technical Analysis 14.09.16

USDJPY

The pair has overpassed 103.00 resistance level against the backdrop of the Fed being likely to raise the interest rates and hopes that BOJ is also going to extend the expansionary measures.

The price is on the upper Bollinger band, higher than SMA 5 and SMA 4. RSI is …

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