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EURUSD Technical Analysis 16.05.2016

EURUSD

The pair can correct upwards for the mere reason that there's no inportant statistics from the Eurozone and the US today, but it doesn't mean that it can't decline. 

The price is lower than the middle Bollinger band, higher than SMA5 but lower than SMA14. RSI is leaving the …

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 …

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