Daily reviews

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 …

EURUSD

The pair is consolidating above 1.1120 level while the market is expecting the next US economic report. It can be assumed that the consolidation will continue till the US employment data is released which will happen this Friday.

The price is higher than the middle Bollinger band, higher than …

USDCAD

The pair is testing 1.3000 level amid the downside correction of oil prices. The markets are awating the publication of the new US GDP data and, of course, Harvard University Yellen speech. These two events will most likely give more strenghth to the US currency provided that the above-mentioned …

EURUSD

The pair has corrected to the 1.1180 level unfluenced by the news that the agreement on the Greek bebt has been reached and additional aid from the IMF will be received. However, a strong US economy data which will come later today can push the pair down.

The pair …

EURUSD

Пара продолжает оставаться в краткосрочном нисходящем тренде, и эта тенденция может продолжится после выхода очередных сильных данных по американской экономике, которые будут публиковаться на этой неделе.   

Цена находится ниже средней линии индикатора Боллинджера, на линии SМА 5, но ниже SMA 14. Индекс относительной силы RSI расположен над уровнем перепроданности …

EURUSD

The pair is consolidating under 1.1365 level and can keep declining if the US CPI (MoM) numbers to be published today are not worse than expected, as it is supposed to bring back to life expectations that the Fed will go for the interest rate hike on the meeting …

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

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 …