Daily reviews

EURUSD

The pair fell due to correction right after reaching a local maximum of 1.1220, but it is most probable that today it will remain inside the 1.1225-1.1300 range.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI is moving horizontally. Stoch have also …

EURUSD

The pair is traded above 1.1225 level, which creates potential for its local rise, but only if Draghi doesn't announce some new plans to expand stimulus measures aimed to support the economy.

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

AUDUSD

The pair is breaching the resistance level of 0.7635 amid the RBA's decision to keep the interest rates unchanged. Additional factor is the weakness of the US dollar prior to the Fed meeting later this month.

The price is higher than the middle Bollinger band, higher than SMA5 and …

EURUSD

The pair stopped growing amid the weak US manufacturing PMI data. If the US employment data is positive, the pair has all chances for further decline. 

The price is higher than the middle Bollinger band, lower than SMA5, but still higher than SMA14. RSI is turning down. Stoch reside …

EURUSD

The pair is consolidating above an important level of 1.1130 while waiting for the publication of the ADP data. If the numbers are 175 000 or higher, a further fall can be expected.

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

USDJPY

After a minor correction, the pair continued growing amid a very possible Fed's interest rate increase in September.  At the same time, the market is expecting the Bank of Japan to expand the stimulus measures which will lead to divergence between monetary polices of the Fed and the Bank …

EURUSD

The pair has corrected downside awaiting for a positive performance for the US dollar by J. Yellen in Jackson Hole this Friday.

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides lower than 50% level. Stoch are falling. 

Trading recommendations: …

EURUSD

The pair has grown amid the equally strong weakening of the investor interest in the US dollar. But today, quite probably, a number of long positions will be closed due to the locally overbought market being a good occasion to take profits.

The price is higher than the upper …

EURUSD

The pair has breached the resistance level of 1.1230. If the US CPI data turns out to be positive, the price can return to the 1.1070-1.1230 range.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI is right under the overbought zone. Stoch …

EURUSD

The weakness of the US dollar is pushing the pair up, but the high probability of stimulus expansion by ECB acts as a restraining factor here. It is most probable that the price will remain inside the 1.1135-1.1225 range until the news from the ECB is published. If ECB …