Analytic reviews

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. RSI is lower than 50% level and resides on the border of the oversold zone. Stoch are leaving the oberbought zone.

Trading recommendations: Sell the pair is the 1.0860 level is breached with approximate target of  1.08010.

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. Stoch signal to Sell.

Trading recommendations: Sell the pair is 1.1000 level is breached and the US data is good, with approximate target of 1.0900.

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 on the lower Bollinger band, lower than SMA5 and SMA14. RSI is lower than 50% level and moving horizontally. Stoch are trying to rise.

Trading recommendations: Sell the pair once 1.1125 level is breached with a local target of 1.1080.

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 50% level but rising. Stoch are trying to turn upwards.

Trading recommendations: Buy the pair is there is an indication of the pause in rate increase after 1.1190 level is breached with an approximate target of 1.1250-55. 

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 SMA5 and SMA14. RSI is moving downwards. Stoch are falling sharply. There is divegrence between the price and RSI.

Trading recommendations: Sell the pair with approximate target of 1.1200.

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 upwards. Stoch also turned upwards. 

Trading recommendations: Buy the pair is 1.1160 level is breached with approximate target of 1.1235 and possitble extension to 1.1300.

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 the upper Bollinger band, lower than SMA5 but higher than SMA14. RSI resides in the overbought zone and moving horizontally. Stoch came out of the overbought zone and keep falling.

Trading recommendations: Breaching of 1.1200 level can lead to a local rise up to 1.1300.

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 Bollinger band, lower than SMA5 but higher than SMA14. RSI resides in the overbought zone and moving down. Stoch left the zone and falling.

Trading recommendations: The pair can continue rising despite the signals showing the price is in the overbought zone. If level 1.1100 is breached the pair may rise up to 1.1200 locally.

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 Bollinger band, lower than SMA5 and SMA14. RSI resides lower than 50% level and moving horizontally. Stoch are lower than 50% level and non-informative. 

Trading recommendations: Sell the pair if GDP numbers are good with approximate target of 1.3915.

EURUSD

The pair will probably keep moving in the 1.0800-1.0990 range because of the ECB stimulus program expansion expectations and a pause in the US interest rate hike. But today the pair can fall under pressure caused by the publication of weak data on the consumer inflation in Germany which will make the expectations about ECB stimulus measures stronger.

The price is on the upper Bollinger band, higher than SMA5 and SMA14. RSI resides higher than 50% level and moving horizontally. Stoch are higher than 50% level and trying to turn upwards.

Trading recommendations: Fall below 1.0670 point can cause the further decrease to 1.0800.