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Technical analysis 11.09.18

GBPUSD

The pair is receiving support due to the expectations of the Brexit crisis coming to an end in November. This was hinted at on Monday in the speech of the EU’s Brexit negotiator Michel Barnier.

The price is on the upper Bollinger band, above SMA 5 and SMA 14. …

Technical analysis 10.09.18

AUDUSD

The pair is still under pressure as Donald Trump threatens to raise tariffs on Chinese import to 267 billion dollars which worries the investors who expect slower world economy growth and, as a result, weaker demand of raw materials and commodities.

The price is below the lower Bollinger band, …

Technical analysis 07.09.18

AUDUSD

The pair is still under pressure amid growing concern over the world economy slowing down because of the trade wars and the decreasing demand for risk assets.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone and is …

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