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Forex: technical overview 27.03.18

EURUSD

The pair is supported by the lack of tension surrounding the trade war between the US and China. If nothing scares the investors the pair has the potential to grow while forming the descending triangle pattern.

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

Forex: technical overview 26.03.18

EURUSD

The pair is growing as the recently started trade war between the US and China is feared to have a negative impact on the USD. Technically the pair is forming a descending triangle continuation pattern.

The pair is above the middle line of the borders of Bollinger bands, above …

Forex: technical overview 23.03.18

USDJPY

The price is moving down following Donald Trump’s de facto declaration of trade war with China. Hence the demand for the Japanese yen is growing and the pair may resume falling after the likely correction upwards.

The price is below the middle line of the borders of Bollinger bands, …

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