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Forex: technical overview 26.03.18

26.03.2018

Technical reviews

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 …

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Forex: technical overview 23.03.18

23.03.2018

Technical reviews

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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Forex: technical overview 22.03.18

22.03.2018

Technical reviews

GBPUSD

The pair receives support as the EU summit is expected to solve a number of Brexit problems. It’s safe to assume that if the summit’s outcome proves positive, while the Bank of England meeting hints at another interest rates increase, the pair will continue growing. However, unfavorable news would …

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Forex: technical overview 21.03.18

21.03.2018

Technical reviews

EURUSD

The pair is regaining its previous positions following this Tuesday’s drop, and now it’s swinging before the Fed’s monetary policy meeting. A local recovery is likely, but if the meeting’s results prove positive for the USD, the pair will be expected to weaken.

The price is below the middle …

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Forex: technical overview 20.03.18

20.03.2018

Technical reviews

EURUSD

The pair is consolidating within the range of 1.2270–1.2380 after this Monday’s local growth following the deal between the UK and the EU on the terms for Brexit transition period. The pair is likely to remain within this range today.

The price is above the middle line of the …

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Forex: technical overview 19.03.18

19.03.2018

Technical reviews

EURUSD

The pair sank below 1.2270 following the strengthening of the USD positions before the Fed’s monetary policy meeting, since the interest rates are expected to be raised 0.25%. The pair is likely to continue falling today.

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

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Forex: technical overview 16.03.18

16.03.2018

Technical reviews

EURUSD

The pair went down to the lower edge of 1.2290–1.2425 range as the interest rates in the US are expected to be raised as per the results of the Fed meeting next week.

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

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Forex: technical overview 15.03.18

15.03.2018

Technical reviews

EURUSD

The pair is consolidating within the range of 1.2290–1.2425 amid the looming government crisis in the US, while the Fed next meeting’s results are expected to be released next week.

The price is above the middle line of the borders of Bollinger bands, on the level of EMA 5 …

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Forex: technical overview 14.03.18

14.03.2018

Technical reviews

EURUSD

The pair is consolidating within the range of 1.2290–1.2425 as Mario Draghi is expected to deliver a speech, while the release of the US industrial inflation and retail data is also anticipated.

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

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Forex: technical overview 13.03.18

13.03.2018

Technical reviews

EURUSD

The pair is consolidating above 1.2285 as the US consumer inflation data is expected to be released. If the data isn’t worse than predicted, a local decline of the pair will be expected.

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

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