Daily reviews

EURUSD

The pair has reached a local maximum of 1.1195, but most probably it can fall to 1.1020 prior to the publication of the US employment data later this week, remaining in the 1.1020-1.1185 range.

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

EURUSD

The pair returned to the 1.1020-1.1160 range which it will probable stay in till the ECB meeting dedicated to the monetary policy in September. We suppose that the pair needs to be sold while it is rising or bought when it is going down away from the borders of …

We can see the inverse head and shoulders pattern on the 4H chart at the moment. Two major pieces of data will come out today: Great Britain's GDP data for the second quarter and the US interest rate. If the data form Britain is better than expected and the Fed …

USDJPY

The pair has all chances to start rising today if the Fed decides to bring the idea of interest rates hike to life. It will push the Central Bank of Japan to expand stimulus on the meeting later this week.

The price is higher than the middle Bollinger band, …

USDCAD

Pasangan ini mampu mendapatkan pijakan di atas 1,3200 tingkat yang dapat mendorong lebih tinggi di tengah jatuhnya minyak mentah terus menerus. Juga, diharapkan bahwa hasil pertemuan Fed akan positif bagi dolar AS, yang menyediakan dengan dukungan tambahan.
Harga lebih tinggi dari Bollinger band tengah, lebih tinggi dari SMA5 dan …

USDCAD

The pair was able to gain a foothold above 1.3200 level which can push it higher amid the continuous crude oil fall. Also, it is expected that Fed meeting results will be positive for the US dollar, which provides it with additional support. 

The price is higher than the …

Divergence is building up on 4H charts, which signals possible trend change. Prior to the Fed interest rate decision (27-07-2016) profit taking from the last bottom point is possible. Open a SELL order from 0,98400 level.

Stop/loss: 0,99110.

Take/profit: 0,97850 – 0,97250.

USDJPY

The pair is consolidating prior to the Fed meeting results announcement, which will take place on 26-27 of July. Most probably, it will continue to do so today. 

The price is on the middle Bollinger band, higher than SMA5 and SMA14. RSI is higher than 50% level and moving …

Divergence is building up on 4H charts, which signals possible trend change. Open a SELL order from 0,98400 level.

Stop/loss: 0,99110.

Take/profit: 0,97850 – 0,97250.

USDCAD

The pair is rising amid the fall in oil prices and the fact that the US interest rates are about to rise in the coming months.

The price is higher than the upper Bollinger band, higher than SMA5 and SMA 14. RSI is testing the border of the overbought …