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Technical analysis 24.10.18

USDCAD

The pair remains in the short-term uptrend due to decreasing crude oil prices and in expectation of the results of the Bank of Canada monetary policy meeting. If the regulator raises interest rates and hints at more raises in the near future, the price will fall. At the same …

Technical analysis 23.10.18

EURUSD

The pair is still trading flat within the range of 1.1450–1.1600 amid the growing debt problems in Italy and the decreasing demand on risk assets,

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

Technical analysis 22.10.18

USDJPY

The pair is testing the level of 112.70 amid the growing demand for shares in Japan. The pair is also indicating a positive tendency within the short-term uptrend that is visible on the day timeframe after reaching the local maximum.

The price is above the middle Bollinger band, above …

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