AUDUSD
The pair is locally overbought and has all chances to correct downwards if the Chinese economic data turns out to be weak.
The price is higher than the middle Bollinger band, lower than SMA5 but higher than SMA14. RSI resides in the overbought zone and is demonstrating downward potential …
EURUSD
The pair is consolidating at the local maximum (1.1375), but it seems that it lacks the power needed for further growth. The growth can also be affected by Yellen speech if it is said that Fed's interest rates plans will remain unchanged.
The price is higher than the middle …
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 …
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