EURUSD
The pair is consolidating above an important level of 1.1130 while waiting for the publication of the ADP data. If the numbers are 175 000 or higher, a further fall can be expected.
The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI is …
USDJPY
After a minor correction, the pair continued growing amid a very possible Fed's interest rate increase in September. At the same time, the market is expecting the Bank of Japan to expand the stimulus measures which will lead to divergence between monetary polices of the Fed and the Bank …
EURUSD
The pair has corrected downside awaiting for a positive performance for the US dollar by J. Yellen in Jackson Hole this Friday.
The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides lower than 50% level. Stoch are falling.
Trading recommendations: …
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