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Technical analysis 18.10.18

GBPUSD

The pair is trading above 1.3080 in expectation of the outcome of the EU leaders’ meeting. If the summit doesn’t result in a comprehensive Brexit agreement, the pair may resume its decline. Only in case of positive news the pair is likely to start growing.

The price is below …

Technical analysis 17.10.18

USDJPY

The pair is trading below 112.15 due to the decreasing tension on the markets, while preserving the short-term uptrend. It may receive support if the market sentiment remains the same and if the Fed monetary policy meeting results in a decision to gradually raise interest rates.

The price is …

Technical analysis 16.10.18

AUDUSD

The pair is trading below the level of 0.7150 amid the general consolidation that’s beginning to take shape on all the world’s markets with no exceptions. Investors await the results of the US Congress election. This is likely to immobilize the market players. As for the pair, the Reserve …

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