Analytic reviews

EURUSD

The pair is consolidating above the 1.1200 level, but there is a possibility of it turning downwards amid the high overbought state and the technical signal on the divergence between the price and the oscillators. High probability of the US interest rate increase in June also puts the pair under pressure. 

The price is higher than the middle Bollinger band, higher than SМА 5 and SMA 14. RSI resides under the overbought level and falling. Stoch is in the overbought zone and also reversing down.

Trading recommendations:
Sell the pair if it falls lower than 1.1200 with probable targets of 1.1165, 1.1100, and then 1.1025.

EURUSD

The pair is trading higher than 1.1165 after reached the local 6-month record amid the overall weakness of the US dollar and elections in France. Nevertheless, the pair remains being highly overbought, which will cause a fall amid the probable US interest rate hike. 

The price is lower than the middle Bollinger band, lower than  SМА 5 and SMA 14. RSI is moving horizontally above the 50% level. Stoch are in the oversold zone.

Trading recommendations:
Sell the pair if it falls lower than 1.1165 with a probable target of 1.1080, and then 1.1025.

EURUSD

The pair is trading higher than the 1.1225 level amid the speculative buying of euro. From a technical standpoint, it is strongly overbought and has all chances to turn downwards and fall considerably due to the positive data on the employment in the US, publication of the minutes of the last Fed. meeting, which may signal a further rise in the interest rates and, finally, at the moment of making the decision on the interest rates, as there are no fundamental reasons for the pair to continue rising.

The price is higher than the middle Bollinger band, higher than SМА 5 and SMA 14. RSI is moving horizontally inside the overbought zone. Stoch reside under the overbought zone and are non-informative.

Trading recommendations:
Sell the pair if it falls lower than 1.1225 with a probable target of 1.1120, and then 1.1165.

EURUSD

The pair is trading higher than 1.1170. It is supported by a local weakness of the US dollar, which is formed amid the political scandals around D. Trump. But we must admit that from the technical standpoint, the pair is strongly overbought and if the markets become calmer and/or positive economic data is released, it will push the pair downwards.  

The price is higher than the middle Bollinger band, lower than SMA5, but higher than SMA14. RSI is moving horizontally under the overbought level. Stoch has left the overbought zone and falling.

Trading recommendations: 
Sell the pair if it falls lower than 1.1170 with a probable target of 1.1120, which equals 23% Fibonacci retracement. 

EURUSD

The pair is trading at the 1.1110 level. If the price falls lower, it can cause its local fall amid the rise in the expectations of the US interest rate increase in June.

The price is higher than the middle Bollinger band, lower than SMA5, but higher than SMA14. RSI is moving horizontally. Stoch are rising.

Trading recommendations: 
Sell the pair if it falls lower than 1.1180 with a probable target of 1.1020 and a perspective of its further fall to 1.0850 and 1.0775.

EURUSD

The pair is trading lower than 1.1160 after a surge that happened amid the political crisis in the US. If the situation keeps evolving in this direction, there is a possibility that the pair will continue rising, but if the tensions weaken, it may lead to a strong correction amid the pair being severely overbought.

The price is higher than the middle Bollinger band, lower than SМА 5, but higher than SMA 14. RSI resides in the overbought zone. Stoch are also there.

Trading recommendations: 
Sell the pair if it falls lower 1.1140, and then lower than 1.1110 with a probable target of 1.1020, considering a perspective of its further fall.

The pair is trading below 1.3515 level and the correction of oil prices may lead to a local price growth, it also may be supported by the strengthening US dollar strengthening after it being actively sold in the recent days.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below 50% level and moves horizontally. Stoch don’t indicate anything important.

Trading recommendations:

Buy the pair is at its growth after the breach of 1.3615 level with possible targets of 1.3655 and 1.3725.

EURUSD

The pair remains in a short-term uptrend, but despite that, we expect it to continue falling down to the lower border. If the data on the US inflation is not worse than expected or even higher, the pair may breach the strong support level and go lower. 

The price is lower than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides lower than 50% level and moving horizontally. Stoch are trying to rise.

Trading recommendations:
Our prognosis remains unchanged. Beaching of the 1.10850 level will cause a local fall to 1.0775 with a perspective of a further fall to 1.0670.

EURUSD

يواصل الزوج اتجاهه الصاعد على المدى القصير، ولكن على الرغم من ذلك، فإننا نتوقع أن يستمر انخفاضه إلى حدوده الدنيا، لا يزال الزوج في اتجاه صعودي على المدى القصير، ولكن على الرغم من ذلك، فإننا نتوقع أن يواصل انخفاضه في الاتجاه نحو الحد الأدنى. إذا كانت البيانات الأمريكية على التضخم في أسعار المستهلكين ليست أسوأ من المتوقع أو حتىأعلى منه فإن الزوج قد يكسر منطقة الدعم القوية ويهبط.

يتواجد السعر أسفل خط الوسط لمؤشر البولينجر ،وفوق المتوسطات المتحركة  SMA5 و SMA14 . مؤشر القوة النسبية RSI دون مستوى 50٪ و يتحرك أفقيا. أما الستوكاستك فيحاول النمو.

التوصيات:

توقعاتنا لهذا الزوج لا تزال نفسها، إذ سيؤدي إختراق مستوى 1.10850 إلى الهبوط محليا إلى 1.0775 مع مزيد من الانخفاض إلى 1.0670.

المحلل: سيمون  كامنسكي

EURUSD

The pair remains in the short-term uptrend, but despite that, we expect it to continue falling inside the trend to the lowest border, if the data from the US will show a positive dynamic today, and M. Draghi will confirm that the ECB is willing to follow the current course. 

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides under the 50% level and moving horizontally. Stoch are still trying to rise.

Trading recommendations:
Our prognosis on the pair remains the same. Breaching of the 1.10850 level will cause a local fall to 1.0775 with a clear perspective of further fall to 1.0670.