Daily reviews

USDJPY

The pair is still under pressure following the news that the Bank of Japan is to reduce the government bonds purchases by 5% in 10 and 25 years, which is perceived by the market as a possible start of the monetary policy change.

The price is below the middle …

EURUSD

The pair corrected upwards following yesterday’s fall after a range of long positions was closed. The price is likely to remain today within the range as the new inflation data from the US is expected to be released, but a local fall is also possible.

The price is below …

EURUSD

The pair is still under pressure as the Euro is sold following its unfounded speculative growth just before the new year.

The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is below the level of 50% and is …

EURUSD

The pair is in a downtrend after reaching another local maximum point last week. The local decline is likely to continue if the double top pattern is formed.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is passing the level of 50% …

EURUSD

The pair is trading at the local maximum due to the investors' negative attitude towards the US dollar which is caused by the fact that all the USD supporting factors have already been in action. Those are the interest rate increase and the tax reform. USD is literally on …

EURUSD

The pair is unlikely to show a significant change in price today, as it is influenced not just by the decline in the market players' interest to trade during the Christmas week, but also the holiday season in the largest European countries, where trading is currently closed.

The price …

EURUSD

The pair is trading down following the victory of pro-independence candidates in recent Catalan parliament election. This event is likely to continue having a downward effect on the single currency.

The price is above the middle line of Bollinger bands’ borders, below EMA 5 and EMA 13. RSI is …

EURUSD

The pair is correcting downwards after reaching a local maximum point following Donald Trump’s decision to postpone the passing of the new tax code until the beginning of the next year. It’s quite likely to continue falling.

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

EURUSD

The pair is within the range of 1.1735–1.1840–50, where it’s likely to remain until the end of the current pre-Christmas week.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the overbought zone. Stoch are already there.

Trading recommendations:

If the …

EURUSD

The pair is within the range, where it will probably remain until the end of the current pre-Christmas week.

The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the level of 50%. Stoch are moving downwards.

Trading recommendations:

While moving within …