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Technical analysis 02.10.18

EURUSD

The pair remains in downtrend due to the USD’s stronger positions and the difference of the interest rates between the Fed and the ECB, not in favor of the latter.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is enterubg the oversold …

Technical analysis 01.10.18

EURUSD

The pair is still under pressure as the Chinese economy growth is slowing down, which may cause the same for the world economy, while the Fed is expected to keep raising the interest rates. Another factor is the reached USA-Canada trade deal which will allow the US to focus …

Technical analysis 28.09.18

EURUSD

The pair is under pressure as, on one hand, the Fed is expected to, unlike the world’s other central banks, keep raising the interest rates, while on the other hand, the world tension supports the USD as a safe heaven currency.

The price is on the lower Bollinger band, …

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