Daily reviews

USDCAD

The pair is once again testing the strong resistance level of 1.3400 amid the strong US Dollar positions, supported by the strong economic statistics and inability of oil prices to continue the rally that began end of the last year.

The price is higher than the upper Bollinger band, …

EURUSD

The pair is consolidating above the important level of 1.0650 prior to the release of another piece of the economic data from the US. The most important data this week is the employment figures.

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

EURUSD

The pair is trading higher than 1.0670 and remains under pressure amid the strong US economy data and the negative inflation figures in Germany, growth rate of which seems to become lower. If today's PCE data from the US is strong, and the pressure caused by the inflation in …

EURUSD

The pair is traded above 1.0740 level pending the release of American GDP final figures for the fourth quarter. Another factor is the Fed’s Evans, Rosengren and Williams announcing the rate increase by four times in total this year.  
The price is below the middle Bollinger band, at the …

EURUSD

The pair is correcting downwards, staying within the short term upward trend. Its growth is restrained by the lack of fresh positive news on the elections in France. The fall doesn't happen because of the fact that investors are still waiting for the US Congress vote on the future …

EURUSD

The pair has reached a local maximum after the first pre-electoral debates in France, where, as reported by the media, the victory went to Macron. However, the pair may correct if there are no positive news for Macron today.

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

GBPUSD

The pair is consolidating above 1.2335. If the governor of the Bank of England M. Carney mentions the possible future problems the country may encounter when exiting the European Union in his comment today, the Pound may fall under pressure.

The price is on the middle Bollinger band, lower …

EURUSD

The pair is trading under 1.0780 level, on  the still remaining hopes that Macron will win the election in France, as it may lower the risks of eurosceptics taking power in Europe, which may push the ECB to reduce stimuli, which, in its turn, will support the Euro. 

The …

EURUSD

The pair is trading above the 1.0710 area. The price has risen, reflecting the results of the Fed. meeting, where the plans to increase the interest rate two more times this year were indicated. Nevertheless, the possibility of more active interest rate increase was not confirmed. Despite that, we …

EURUSD

The pair is trading higher than 1.0600, awaiting for the results of the 2-day Fed. meeting on the interest rates. The interest rate hike is already reflected in the quotes, but any prognosis regarding the preservation of the current increase rate this year or even its acceleration will support …