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Technical analysis 06.06.2018

USDCAD

The pair is consolidating above the level of 1.2910. CAD has received support as the US oil reserve data recently released by the American Petroleum Institute show 2 million barrels less than the previous week. The Canadian currency’s growth is also restrained by the increase in gasoline reserves by …

Technical analysis 04.06.2018

USDJPY

The pair is consolidating below the level of 109.85. Its growth is restrained by the expected increase in tension surrounding the use of trade wars as an instrument of pressure on their economic opponents by the US.

The price is above the middle line of the borders of Bollinger …

Technical analysis 01.06.2018

EURUSD

The pair is consolidating above the level of 1.1665. The markets are waiting for the US employment data to be released. If it’s better than predicted, it will support the USD rate.

The price is above the middle line of the borders of Bollinger bands, below EMA 5, but …

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