Analytic reviews

USDJPY

The pair has all chances to start rising today if the Fed decides to bring the idea of interest rates hike to life. It will push the Central Bank of Japan to expand stimulus on the meeting later this week.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI index is crossing the 50% line. Stoch are yet to signal downward trend.

Trading recommendations: Buy the pair after 105.75 level is breached with probable target of 107.45.

USDCAD

Pasangan ini mampu mendapatkan pijakan di atas 1,3200 tingkat yang dapat mendorong lebih tinggi di tengah jatuhnya minyak mentah terus menerus. Juga, diharapkan bahwa hasil pertemuan Fed akan positif bagi dolar AS, yang menyediakan dengan dukungan tambahan.
Harga lebih tinggi dari Bollinger band tengah, lebih tinggi dari SMA5 dan SMA14. RSI berada tingkat yang lebih tinggi dari 50% dan bergerak horizontal. Stoch berbalik ke bawah.

Rekomendasi Perdagangan: Jual pasangan yang tepat setelah tingkat 1,3235 terlewatkan dengan sasaran kemungkinan 1,3290-1,3300

USDCAD

The pair was able to gain a foothold above 1.3200 level which can push it higher amid the continuous crude oil fall. Also, it is expected that Fed meeting results will be positive for the US dollar, which provides it with additional support. 

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides higher than 50% level and moving horizontally. Stoch turned downwards.
 

Trading recommendations: Sell the pair right afrer 1.3235 level is breached with probable target of 1.3290-1.3300.

Divergence is building up on 4H charts, which signals possible trend change. Prior to the Fed interest rate decision (27-07-2016) profit taking from the last bottom point is possible. Open a SELL order from 0,98400 level.

Stop/loss: 0,99110.

Take/profit: 0,97850 – 0,97250.

USDJPY

The pair is consolidating prior to the Fed meeting results announcement, which will take place on 26-27 of July. Most probably, it will continue to do so today. 

The price is on the middle Bollinger band, higher than SMA5 and SMA14. RSI is higher than 50% level and moving horizontally. Stoch turned downwards.
 

Trading recommendations: We recommend to wait for the Fed's decision on the interest rates. Most probably the pair will continue rising supported by the data positive for the US dollar.

Divergence is building up on 4H charts, which signals possible trend change. Open a SELL order from 0,98400 level.

Stop/loss: 0,99110.

Take/profit: 0,97850 – 0,97250.

USDCAD

The pair is rising amid the fall in oil prices and the fact that the US interest rates are about to rise in the coming months.

The price is higher than the upper Bollinger band, higher than SMA5 and SMA 14. RSI is testing the border of the overbought zone. Stoch are already there.
 

Trading recommendations: Buy the pair once the 1.3130 level is breached and the possible rise up to 1.3190, and then to 1.3290.

EURUSD

The pair has returned to the 1.1020 range and cal continue rising if the ECB doesn't change its decision on the monetary policy, which is highly probable.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI is testing the 50% level bottom-up. Stoch keep rising.
 

Trading recommendations: Buy the pair amid the expectations that the ECB will not change the monetary policy with probable price shift to the upper line of the 1.1020-1.1160 range.

USDJPY

The pair is higher than 106.00 level and has all the chances to continue rising amid the earlier-than-expected interest rate hike in the US>

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI is lower than 50% level, but rising. Stoch are trying to turn upwards.
 

Trading recommendations: Buy the pair; the probable target is 107.25.

GBPUSD

The pair is consolidating prior to the Britain's Central Bank decision on monetary policy. The market expects the rates to be lowered to 0.25% as well as expansion of stimulus measures. If the rates are lowered, but stimulus not expanded, it can provide British Pound with additional support. The situation where the rates are lowered and stinulum expanded will pressure the pair. 

The price is higher than the middle Bollinger band, higher than SMA5 and SMA 14. RSI resides above 50% level and gradually rising. Stoch are leaving the oversold zone.

Trading recommendations: Buy the pair if the Britain's Central Bank will keep the rates unchanged OR decides not to expand the stimulus whith probable targer of 1.3500. Sell the pair if the rates are lowered and stimulus expanded.