Daily reviews

EURUSD

Europe is still on the Easter holidays. Meanwhile, it is a working day in the US. We don't expect a noticeable dynamics prior to the trades opening in the US. The pair will most likely will stay within the range till the elections in France. 

The price is lower …

EURUSD

The major world financial markets are closed today due to the Good Friday. Hence, we are not expecting any significant changes.

The price is at the middle Bollinger band, lower than SMA5 and SMA14. RSI resides under the 50% level and moving horizontally. Stoch are also in the oversold …

EURUSD

The pair is traded below the 1.0680 level. From a technical standpoint, the pair is overbought and has all chances to locally turn downwards, it it fails to breach this point.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides above the …

EURUSD

The pair is stuck inside the  1.0565-1.0650 range and may stay there till the presidential elections in France. The probability of a further fall still exists and may be triggered by the difference in the ECB and Fed.'s monetary policies.

The price is lower than the middle Bollinger band, …

EURUSD

The pair remains within the short term downtrend, which may continue if the price stays lower than 1.0600, despite being locally oversold. The US dollar receives support amid the rise in expectations that the Fed increases the interest rate in June.

The price is lower than the lower Bollinger …

AUDUSD

The pair remains inside a short term downside trend, which may continue if the employment data from the US is not worse than expected.

The price is lower than the lower Bollinger band, lower than SMA5 and SMA14. RSI resides above the oversold zone and falling. Stoch are also …

USDJPY

The pair is lower than 111.50. The market keeps following the publications of the data on the American economy, but the attention is mainly focused on the results of the trade negotiations between the US and China.

The price is higher than the upper Bollinger band, higher than SMA5 …

USDCAD

The pair has returned into the corridor of 1.3290-1.3400 amid the publication of the US API data, which showed shortage in oil reserve by 1.8 bln barrels. Gasoline and distillates reserves have also lowered way more than was expected. The pair may keep falling as a result.

The price …

USDCAD

The pair is once again testing the strong resistance level of 1.3400 amid the strong US Dollar positions, supported by the strong economic statistics and inability of oil prices to continue the rally that began end of the last year.

The price is higher than the upper Bollinger band, …

EURUSD

The pair is consolidating above the important level of 1.0650 prior to the release of another piece of the economic data from the US. The most important data this week is the employment figures.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI …