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Analytic reviews

Reviews by date:

October 2017

GBPUSD

The pair remains in the short-term downtrend because of the drop in expectations of the Bank of England raising the interest rates, and also the threat of a government crisis in the UK following the unclear prospects in the aftermath of Brexit.

The price is below the middle Bollinger ...

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GBPUSD

The pair remains in the short-term downtrend because of the drop in expectations of the Bank of England raising the interest rates, and also the threat of a government crisis in the UK following the unclear prospects in the aftermath of Brexit.

The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above the oversold zone. Stoch are entering the overbought zone.

Trading recommendations:

The pair may continue falling after the rebound to 1.3155 as it's locally technically oversold. But if it remains on this level, the price is likely to go further down to 1.2935.

Author: Semyon Kamensky

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EURUSD

The pair has passed 1.1745 support level following the release of the minutes of the ECB September meeting, which demonstrated the bank's attitude on the reduction of stimulating measures, that is, doing it slowly and cautiously.

The price is below the middle Bollinger band, below SMA 5 ...

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EURUSD

The pair has passed 1.1745 support level following the release of the minutes of the ECB September meeting, which demonstrated the bank's attitude on the reduction of stimulating measures, that is, doing it slowly and cautiously.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is moving down. Stoch are in the oversold zone.

Trading recommendations:

The pair will continue falling if today's numbers of new workplaces in non-agricultural sector of American economy turn out to be higher than predicted. Because of this, the pair may go further down to 1.1600.

Author: Semyon Kamensky

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EURUSD

The pair is consolidating in a very narrow range as it's still unclear who will be appointed as the chair of the Federal Reserve by Donald Trump and will the ECB continue to stimulate the economy next year. The situation on Catalonia, which is determined to secede from ...

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EURUSD

The pair is consolidating in a very narrow range as it's still unclear who will be appointed as the chair of the Federal Reserve by Donald Trump and will the ECB continue to stimulate the economy next year. The situation on Catalonia, which is determined to secede from Spain after all, also remains a negative factor for the euro.

The price is above the middle Bollinger band, above SМА 5 and SMA 14. RSI is moving horizontally. Stoch are trying to move up.

Trading recommendations:

The pair is apparently going to remain in the range of 1.1715-1.1825 until the United States employment data is released this Friday. However, in general, we still think that the pair has the potential to go down to 1.1655.

Author: Semyon Kamensky

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EURUSD

The pair is trading above 1.1715 level. It is expected that if the ADP data on the number of new work places will turn out to be higher than the predicted 125 000, the pair will keep falling.

The price is below the middle Bollinger band, below SМА ...

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EURUSD

The pair is trading above 1.1715 level. It is expected that if the ADP data on the number of new work places will turn out to be higher than the predicted 125 000, the pair will keep falling.

The price is below the middle Bollinger band, below SМА 5, but above SMA 14. RSI is below 50% level and is reversing downwards. Stoch are also reversing downwards.

Trading recommendations:

The pair may go down to 1.1715. The breakout of this level will lead to the pair falling further down to 1.1620.

Author: Semyon Kamensky

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GBPUSD

The pair consolidates below 1.3300 level as the new data on British economy is expected to be released. It's safe to assume that if ISM Services Index in the United Kingdom falls below 53.2 points, the GBP will come under pressure. If the employment data in ...

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GBPUSD

The pair consolidates below 1.3300 level as the new data on British economy is expected to be released. It's safe to assume that if ISM Services Index in the United Kingdom falls below 53.2 points, the GBP will come under pressure. If the employment data in private sector from ADP turns out to be higher than the predicted fugues (125 000), the pair may be triggered to fall.

The price is below the middle Bollinger band, above SМА 5, but still below SMA 14. RSI tries to grow. Stoch are also displaying growth.

Trading recommendations:

The pair may go up to 1.3300. If it remains on this level and the data from USA turns out to be strong, it's likely that the price will go down to 1.3155.

Author: Semyon Kamensky

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EURUSD

The events in Catalonia are having a negative impact on the European currency. It's safe to assume that if the political tensity escalates euro will remain under pressure.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone ...

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EURUSD

The events in Catalonia are having a negative impact on the European currency. It's safe to assume that if the political tensity escalates euro will remain under pressure.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone. Stoch are already there.

Trading recommendations:

The pair has dropped below its previous minimum point of 1.1715, which will lead to its going down to 1.1655 and then possibly to 1.1600.

Author: Semyon Kamensky.

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September 2017

EURUSD

The pair is trading above 1.1715 level. It's likely to correct upwards as the results of the US Congress vote on tax reform that's proposed by Donald Trump and the Republican party are yet to become known.

The price is above the middle Bollinger band, above ...

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EURUSD

The pair is trading above 1.1715 level. It's likely to correct upwards as the results of the US Congress vote on tax reform that's proposed by Donald Trump and the Republican party are yet to become known.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above 50% level and is growing. Stoch are reversing downwards.

Trading recommendations:

The pair may correct to 1.1825 level, but we think it necessary to sell it from this mark with a possible target of 1.1620.

Author: Semyon Kamensky

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EURUSD

The pair is trading above 1.1715 level. Among the negative factors for the pair are the uncertainty of political and economic policy lines after the Bundestag election in Germany, and also a significant strengthening of the US dollar positions after the Fed meeting this month.

The price is ...

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EURUSD

The pair is trading above 1.1715 level. Among the negative factors for the pair are the uncertainty of political and economic policy lines after the Bundestag election in Germany, and also a significant strengthening of the US dollar positions after the Fed meeting this month.

The price is below the middle Bollinger band, above SMA 5 but below SMA 14. RSI is leaving the oversold zone. Stoch don't show any distinct dynamics.

Trading recommendations:

In case of a breakout of 1.1715 level, the pair is likely to go further down to 1.1620.

Author: Semyon Kamensky

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EURUSD

The pair is testing 1.1755 mark as the euro is weakened due to political reasons emerged after the election in Germany. Another factor is the likelihood of ECB deciding not to change their monetary policy.

The price is below the middle Bollinger band, below SMA 5 and SMA ...

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EURUSD

The pair is testing 1.1755 mark as the euro is weakened due to political reasons emerged after the election in Germany. Another factor is the likelihood of ECB deciding not to change their monetary policy.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is in the oversold zone. Stoch are reversing downwards.

Trading recommendations:

In case of a breakout of 1.1755 mark, the pair is likely to go further down to 1.1660.

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EURUSD

The pair dropped below the support level of 1.1870 following Mario Draghi's yesterday statement that European economy still needs significant stimulation.

The price is below the middle Bollinger band, on the level of SMA 5, but below SMA 14. RSI is above the oversold zone. Stoch are ...

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EURUSD

The pair dropped below the support level of 1.1870 following Mario Draghi's yesterday statement that European economy still needs significant stimulation.

The price is below the middle Bollinger band, on the level of SMA 5, but below SMA 14. RSI is above the oversold zone. Stoch are leaving the oversold territory.

Trading recommendations:

If the pair keeps below the level of 1.1870, it's likely to go further down to 1.1745.

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