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GBPUSD Technical analysis 04.08.2016

GBPUSD

The pair is falling prior to the announcement of the Britain's Central Bank decision on the interest rates and stimulus. The market assumes that the interest rate will be lowered to 0.25% and and the volume of asset purchases will be increased up to 50 bln pounds. If it …

USDCAD Technical Analysis 03.08.2016

USDCAD

The pair is breaching 1.3130 resistance level. Should the fall in oil prices continue, as well as growth in US oil supply and positive data from ADP will provide the pair with additional support. 

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

USDCAD Technical Analysis 02.08.2016

USDCAD

The pair encountered resistance at the 1.3130 level and is now lowering amid the correction in oil prices. If the API data fromt he US shows the reduction of gasoline and crude oil supply in the US, then the price can fall, while their growth will start pushing the …

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