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JPY analysis 04.07.2019

The US dollar fluctuated in a narrow range slipping into the US session to see its fourth session retreat since June 19 against the Japanese yen amid a lack of economic data by the Japanese economy, the third largest economy in the world and the absence of the US market …

Technical analysis 04.07.19

NZDUSD

The pair is falling after having reached a local maximum. It’s likely to continue consolidating within the range of 0.6655–0.6715 due to the holiday in the US.

The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is above the level of 50% …

Technical analysis 03.07.19

EURUSD

The pair is trading above 1.1280. It’s expected to resume falling due to the likelihood of new, extended economic stimulus measures by the ECB.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is moving horizontally. …

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