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EURUSD Technical Analysis 09.06.2016

EURUSD

The pair is supported by the overall weakness of the US dollar on the wake of the recent decline in expectations about the Fed. interest rate hike, but the today's Draghi's comment can restrain its growth, as any increase in the Euro rate is negative for the EU economy. …

AUDUSD Technical Analysis 08.06.2016

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 Technical Analysis 06.06.2016

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 …

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