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USDJPY Technical Analysis 12.12.2016

USDJPY

The pair continues to trade in short-term upward trend, thanks to the expected US interest rate hike and Japan's soft monetary policy. The pair may correct downwards amid being locally overbought, but, most likely, it will continue rising.

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

EURUSD Technical Analysis 09.12.2016

EURUSD

The pair fell to the 1.0585 level amid the decision of the ECB to keep the stimulus till the end of 2017, while the market was hoping that the measures will last till the next summer.

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

EURUSD Technical Analysis 08.12.2016

EURUSD

The pair has stopped rising awaiting for the ECB decision on the monetary policy. If the ECB doesn't mention the stimulus measures, it may put the pair under a local pressure.

The price is higher than the middle Bollinger band, higher than SMA 5 and SMA 14. RSI resides …

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