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USD/CAD Technical analysis 05.05.2016

USD/CAD

The pair is correcting downside amid the oil prices recoil during Asian session. It is possible that the pair will follow the prices and come down to  1.2750, but the downside trend has already been cracked and there is a high probability that the pair will keep rising. 

The …

USDCAD Technical analysis 18.04.2016

USDCAD

The market opened with a gap amid the unsatisfactory results of the Doha summit. Because of the pessimism and the probable oil price weakening the pair will keep rising.

The price is higher than the upper Bollinger band, higher than SMA5 and SMA14. RSI keeps rising. Stoch are entering …

EURUSD Technical analysis 15.04.2016

EURUSD

The pair is breaching the support level while expecting the american economy data which is to be published later today.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides on the oversold line. Stoch turned downwards.

Trading recommendations: Sell the pair when …

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