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EURUSD Technical analysis 31.10.17

31.10.2017

Technical reviews

EURUSD

The pair is under pressure following the ECB's decision to abandon the stimulation measures gradually, while no definite deadlines for the program's termination have been announced. If today's data on the eurozone inflation turn out to be lower than predicted, the pair is likely to reenter the downtrend.

The …

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EURUSD Technical analysis 30.10.17

30.10.2017

Technical reviews

EURUSD

The pair is trading above 1.1600 mark. It's still under pressure following the results of the ECB meeting on monetary policy. The pair may correct upwards, but in all likelihood, it will continue falling.

The price is below the middle Bollinger band, above SMA 5, but below SMA 14. …

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EURUSD Technical analysis 27.10.17

27.10.2017

Technical reviews

EURUSD

The pair has dropped following the decision of ECB to slowly reduce the eurozone economy stimulation. The "pigeon" tone of Mario Draghi's speech also caused pressure on the single currency. We expect the pair to continue falling.

The price is below the middle Bollinger band, below SMA 5 and …

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AUDUSD Technical analysis 26.10.17

26.10.2017

Technical reviews

AUDUSD

The pair is still under pressure following the drop of expectations regarding the Australian central bank raising the rates this year, as the consumer price index figures are weak and the USD's positions are getting stronger. We think that the pair is highly likely to continue falling.

The price …

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AUDUSD Technical analysis 25.10.17

25.10.2017

Technical reviews

AUDUSD

The released consumer inflation data in Australia turned out to be worse than predicted. Even if the monthly indicators has grown less than 0.6% against the predicted 0.8% and the previous value of 0.2%, on annual scale the growth slowed down from 1.9% to 1.8%. This news are likely …

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USDJPY Technical analysis 24.10.17

24.10.2017

Technical reviews

USDJPY

The pair went down to the support level on the Asian market, following a surge this Monday caused by the victory of the current Prime Minister Shinzō Abe's party in the election in Japan. The pair may receive an incentive for growth if the industrial inflation data in the …

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USDJPY Technical analysis 23.10.17

23.10.2017

Technical reviews

USDJPY

The pair has significantly grown, following the election in Japan, which resulted in Shinzō Abe remaining on the post of Prime Minister. The market views this as a victory which indicates a likelihood of continuation of the soft monetary policy.

The price is above the middle Bollinger band, above …

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GBPUSD Technical analysis 20.10.17

20.10.2017

Technical reviews

GBPUSD

The pair remains under pressure following the decline in expectations of the Bank of England raising the rates at the bank's November meeting. Another negative factor is the uncertainty of the impact that Brexit is going to have on the economy.

The price is below the lower Bollinger band, …

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EURUSD Technical analysis 18.10.17

18.10.2017

Technical reviews

EURUSD

The pair is under pressure against the background of declining expectations of the ECB significantly changing their monetary policy.

The pair is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is falling and is below 50% level. Stoch are indicating the weakening of growth.

Trading …

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EURUSD Technical analysis 17.10.17

17.10.2017

Technical reviews

EURUSD

The pair is falling as the eurozone consumer inflation data is expected to be released today. It's safe to assume that if the data doesn't get stronger, the pair will continue falling.

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

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