Analytic reviews

EURUSD
The pair is under pressure on 1.0700 level as the US and Eurozone consumer inflation data is expected to be published and Janet Yellen is expected to give a speech in the aftermath of US presidential election.

The price is below the middle Bollinger band, on SMA 5 level and below MA 14. RSI is above 50% level and moves horizontally. Stoch are rising.

Trading recommendations: If the price fails to breach 1.0700 level, it’s possible that the pair rebounds up to 1.0800. Nonetheless, the pair should be sold at its growth with a possible target of 1.0550.

USDCAD 
The pair is under pressure following the crude oil price leap, which is supported by rumors that the agreement on crude oil extraction volume regulation may be reached at the OPEC meeting in Vienna on the 30th of November.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above 50% level and keeps falling. Stoch are already in the oversold zone.

Trading recommendations: Sell the pair when it drops below 1.3420 support level with a possible target of 1.3360.

EURUSD
The pair has dropped down to 1.0700 level, as the US dollar strengthens, due to profitability increase of US public bonds. Apparently, this trend will continue if the Trump’s administration is going to back up his announcements of the intended change in the economic policy.

The price is below the middle Bollinger band, below SMA  5 MA 14. RSI is above the oversold zone and is moving horizontally. Stoch are on the increase.

Trading recommendations: Sell the pair as it drops below the support level of 1.0700 with a possible target of 1.0550.

EURUSD 

The pair is consolidating above 1.0785 level. The increase in US public bonds sales and the continuing repatriation of funds are to cause further strengthening of the US currency.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone. Stoch are entering the oversold zone.

Trading recommendations: Sell the pair either on the upward bounce, roughly from 1.0845, or upon the breaching of 1.0785 support level, with a possible target of 1.0700.

USDJPY

The pair has risen dramatically amid the expectations of the interest rate increase by the Fed and the US dollar growth potential due to the "new" economic policy to be imposed by Donald Trump.

The pair is higher than the middle Bollinger band, lower than SMA5, but higher than SMA14. RSI resides higher than 50% level and moving horizontally. Stoch are turning downwards, leaving the overbought zone.

Trading recommendations: It is most probable that the pair will correct down to 105.65 prior to a possible hike up to 107.45.

EURUSD

The pair is still under pressure against the backdrop of the expected continuation of the soft monetary policy in the EU and also the prospects of new economic policy of Donald Trump’s administration, which may lead to repatriation of American investors’ funds from abroad, followed by increased demand for the American currency.

The price is on the lower Bollinger band, below SMA 5 and SMA 14. RSI is below 50% and moves horizontally. Stoch reverse in the oversold zone.

Trading recommendations:
If the pair remains below 1.0950 level, there’s a possibility of its local lowering down to 1.0850.

USDJPY

The pair has fallen over 4% amind the strong possibility of Donald Trump's victory. It will probably decrease further after the final results are announced, but it is unlikely that the fall will continue in the nearest future. The markets will be waiting for the preditent's announcements.

The price is on the lower Bollinger band, lower than SMA5 and SMA 14. RSI is turning upwards  leaving the oversold zone. Stoch are entering the zone.

Trading recommendations: Buy the pair on the fall from 101.15 and increase the positions from 100.00 considering a possible rebound to 102.70.

EURUSD

The pair is traded in the narrow range of  1.1025-1.1060, awaiting for the results of the US presidential election. Victory of Donald Trump will cause a local growth. If Hillary Clinton wins the election, it will put the pair under pressure.

The price is lower than the middle Bollinger band, higher than SMA5, but lower than SMA14. RSI resides under 50% level and gradually rising. Stoch turned upwards.

Trading recommendations: Wait for the results of the US presidential election to be announced. If the pair risis higher than 1.1060 amid Trump's victory, it will push the pair up to 1.1200. If the pair falls lower than 1.1025 amid Hilary's win, it may cause a fall down to 1.0950.

EURUSD

The pair is consolidating prior to the presidential elections in the US. It can fall under a fair amount of pressure today if the US unemployment data either meets the expected estimate or go higher. It is assumed that the number of the new workplaces, according to Bloomberg will be at 170 000 and the employment rate will come at 4.9%.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI is moving horizontally. Stoch are demonstrating the weakening of the growth.

Trading recommendations: Sell the pair if the data is strong, considering its possible fall to 1.1055. If this level is breached, the pair may fall to 1.1015.

EURUSD

The pair has reached a local maximum of 1.1115 among the avoidance of risks among investors but should the situation change and investors prefer to wait, the pair may correct and start consolidating within the range before the 8th of November. However, the continuation of selling on the risk asset market can also push the pair up.

The price is higher than the middle Bollinger band, higher than SМА 5 and SMA 14. RSI resides in the overbought zone. Stoch are turning upwards.

Trading recommendations: If the price falls lower than 1.1115, a further fall to 1.1070 can be expected. At the same time, a negative mood on the market will push the pair to the upper border of the short-term downside trend 1.1200.