Daily reviews

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

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 …

USDCAD

The pair is correcting upwards aimd the falling oil prices. If they keep correcting, a continious local rise can be expected. 

The price is on the middle Bollinger band, higher than SMA5 but lower then SMA14. RSI index is leaving the oversold zone and signals to Buy. Stoch also …

EURUSD

The pair keeps consolidating in a narrow range amid the absense of strong drivers today. Most probably that won't change much today.

The price is lower that the middle Bollinger band, lower than SMA5 and SMA14. RSI is lower than 50% level and moving down. Stoch signal the rise. …

EURUSD

The pair is lower than the 1.1400 resistance level and is testing 1.1270 support level. Breaching of the support level can make the pair fall and return to the flat tendency.

 The price is higher than the middle Bollinger band, lower than SMA5 and SMA14. RSI has left the …

EURUSD

The pair is lower than 1.1400 resistance level. If the US employment data is better than expected, the price can fall amid the profit-taking.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI index resides in the overbought zone. Stoch turned downwards.

Trading …

EURUSD

The pair has reached the local maximum amid the overall weakening of the US dollar and the obvious signal that came from Yellen about pausing the rate increase. Today the pair can continue rising if the US employment data is weaker than expected, but if it is better, the …

EURUSD

The pair is traded lower than 1.1255 level amid the reduction in the number of short positions for USD. If the pice keeps trading lower than the mentioned level, there is a possibility that the pair will keep correcting to the downside. 

The price is higher than the upper …

EURUSD

The overall situation hasn't changed since yesterday - if Fed. signals that the rates can be elevated on any of the following meetings, the pair can fall under a fair amount of pressure amid restavration of the expectations that ECB and Fed. monetary polices would contradict. 

The price is …

EURUSD

The pair keeps consolidating before the Fed decision on interest rates is announced. Most likely, it will keep oscillating in 1.1055-1.1200 range till the announcement. If there is a hint that the rates can be elevated on any of the following meetings and Janet Yellen confirms it, the pair …