Daily reviews

EURUSD

The pair resides higher than 1.0850 level and can continue falling if ADP data is better than expected.

The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI is under 50% level and resides on the border of the oversold zone. Stoch are rising.

Trading …

EURUSD

The pair is higher than 1.0860 level and is consolidating awaiting for the publication of the US Manufactuting PMI data. If it is better than expected, the pair will fall under a certain amount of pressure.

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

EURUSD

The pair is approaching 1.1000 level, which can be breached amid the US GDP data publication, but only if it is exceeding the expected numbers by 0,4%

The price is on the lower Bollinger band, lower than SMA5 and SMA14. RSI is lower than 50% level and truning downwards. …

EURUSD

The pair is moving in a narrow range awaiting for the publication of the latest ECB meeting minutes dedicated to monetary policy. If new stimulus measures are mentioned the pair can fall under some local pressure. If it is not, it can cause a local rise.

The price is …

EURUSD

The pair is traded under 1.1190 level. If can rise locally if there is an indication of the possible pause in interest rate hike in March in the last Fed. meeting minutes. 

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

EURUSD

The pair has breached 1.1300 level on the wake of the lowering interest among investors to defensive assets and the weak GDP data from Germany. The pair may keep getting lower if Eurozone GDP data is weaker than expected.

The price is on the lower Bollinger band, lower than …

EURUSD

The pair is trying to recover after it surged and then corrected amid the expectations that the new US data won't be as positive as the unemployment levels.

The price is on the upper Bollinger band, lower than SMA5 and SMA14. RSI resides under the overbought zone and moving …

EURUSD

The pair is traded lower than 1.1200 level prior to the US Non Farm data. It can be assumed that if the numbers would be better than forecasted 190K it will put USD under pressure and the pair, despite being locally overbought, can continue rising.

The price is on …

EURUSD

The pair left the 1.0800-1.0990 range it traded in for many days. It happened amid the unliklenness of the interest rate hike in the near future. The pair is consolidating and can continue rising if the employment data in the US is weak.

The price is on the upper …

USDCAD

The pair is traded lower than 1.4035 support level awaiting for the publication of Candian GDP numbers. If they are worse than predicted (+30% against previous 0.00), the pair can obtain stimulus to dicrease which is supported by the rise in oil prices.

The price is on the lower …