Daily reviews

EURUSD

The pair is trading higher than 1.1390 level, breaching of which amid the positive economic statistics from the US may lead to the beginning of a more serious corrective price fall. 

The price is higher than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides …

GBPUSD

The pair is trading above 1.3000 level as the Bank of England is expected to raise interest rates. However, the pair has grown considerably and now may correct not only because it’s strongly overbought, but also under the influence of USD growth, as it’s receiving support from the release …

GBPUSD

The pair is trading lower than 1.2965 level amid the strong expectations regarding the interest rate increase by the Bank of England, which was confirmed on Wednesday by M. Carney. However, the pair has grown significantly and may correct downwards before continuing the probable growth. 

The price is higher …

EURUSD

The pair is traded below 1,1350 level. If this level is breached, the pair is likely to experience a local price growth as the investors expect the ECB to wrap up the stimulating measures as soon as early next year. 

The price is above the middle Bollinger band, above …

USDJPY

The pair is traded above 111.75 level. It will have a positive effect on the United States dollar if Janet Yellen’s upcoming speech confirms the Fed’s intention to continue raising interest rates, and normalize its monetary policy.

The price is above the middle Bollinger band, below SMA 5, but …

EURUSD

The pair is trading within the 1.1140-1.1210 range, where it will probably stay until the publication of the consumer inflation data later this week. The pair continues to receive support from the market's hopes that the ECB will announce a reduction of the stimulus measures this fall and that …

EURUSD

The pair is trading higher than the support level 1.1140 amid the decrease in activity of market participants — the result of the past two weeks when the world Central Banks were announcing their plans on the future monetary policy. Now the attention of the market players is on …

USDJPY

The pair is higher than the support level of  111.00. It has corrected amid the weak negative reaction of the Japanese market due to the multi-directional dynamics of the US dollar.

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides …

EURUSD

The pair is lower than the support level 1.1140. It is currently under pressure due to the positive comments made by the US Central Bank representatives regarding the Fed. actions. Another reason for the current situation is the high hopes regarding the US dollar rise amid the reduction of …

EURUSD

The pair is trading inside the 1.1165-1.1275 range. At the moment it is receiving support from a still strong conviction that by the fall the ECB changes its monetary policy action and after the elections in Germany it will decide to reduce the stimulus or even elevate the interest …