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Technical analysis 09.07.19

EURUSD

The pair is consolidating below 1.1215 in anticipation of the Fed’s Chair Jerome Powell’s speech at the Senate Banking Committee. If he doesn’t hint at a possible start of interest reduction measures as early as this year, this will support the USD rate.

The price is below the middle …

Technical analysis 08.07.19

EURUSD

The pair is consolidating above 1.1215 following last Friday’s drop. It’s expected to resume local decline after a small upwards correction.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is reversing downwards on the line of the oversold territory. Stoch are still …

JPY technical analysis 05.07.2019

The US dollar fluctuated in a narrowly bullish range during the US session to see its fifth session rebound in nine sessions from its lowest since January 3 against the Japanese yen following developments and economic data that followed the Japanese economy, the third largest economy in the world and …

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