Daily reviews

EURUSD

The pair keeps consolidating slightly decreasing in a narrow range of 1.0555-1.0595. If the manufacturing PMI data is not better than expected the fall may continue. 

The price is on the upper Bollinger band, lower than SMA5 but higher than SMA14. RSI turned downwards and resides on 50% level. …

EURUSD

The pair keeps consolidating in 1.0565-1.0600, a rather narrow range. It probably won't change until ECB monetary policy decision is announced this Thursday.

The price is on the lower Bollinger band, higher than SMA5, but lower than SMA14. RSI stays under 50% level and going downwards. Stoch also signal …

EURUSD

The pair is likely to keep consolidating in 1.0600-1.0690-1.0700 range before the next week's release of unemployment data in the U.S. Only today's US GDP data can force the pair to fall below 1.0600 level.

The price is on the lower Bollinger band, exactly at SMA 5 level, but …

EURUSD

The pair is traded under 1.0675 level awaiting for FOMC minutes. If it a clear hint that Fed is going to increase the interest rate in Decemberwill be dropped, the pair can fall even lower because of the differences in monetary policies of Fed and ECB.

The price …

EURUSD

EURUSD pair breaks the 1.0650 support level and on the wake of obvious weakness of the Eurozone currency caused by the possibility of new stimulus in December. The pair can fall under pressure if the US consumer inflation data is not worse than expected.

The price is on the …

GOLD

After steep rise which occured during Asian session, Gold prices started to decline and if they won't rise higher than 1095.00 they can go down again on the wake of expectations of the US interest rate increase.

The price resides on the upper Bollinger band, higher than SMA5 and …

EURUSD

The pair consolidates before the US PPI (YoY) data release, which is expected to be strong. Our yesterday's prognosis stays the same - positivie statistics will push the pair down.

The price is on the upper Bollinger band, lower than SMA5 but higher SMA14. RSI index crosses 50% line …

EURUSD

The pair consolidates awaiting US PIP (YoY) data release which is expected to be quite strong. If the prognosis proves to be true, then most likely, the pair will keep lowering its positions because of the monetary policy differences of ECB and FRS which are not in Euro's favour. …

EURUSD

The pair keeps consolidating in a narrow range before the publication of the US retail sales and PPI (MoM) data which is to take place this Friday. ECB president M. Draghi will give a speech later today and if stimulus program is mentioned there the pair will most certainly …

EURUSD

The pair consolidates awaiting for the publication of important data concerning retail sales in the US, which will be released this Friday. If the data is strong the pair will be inevitably pushed down. Meanwhile, before Friday is here, the price will move in a narrow range.

The price …