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Analytic reviews

Reviews by date:

September 2017

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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EURGBP

The pair may continue falling, in reaction to the election results in Germany, where the victory of A. Merkel has been expected, as the market still doubts that ECB will radically change its course regarding the support of the Eurozone economy.

The price is lower than the middle Bollinger ...

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EURGBP

The pair may continue falling, in reaction to the election results in Germany, where the victory of A. Merkel has been expected, as the market still doubts that ECB will radically change its course regarding the support of the Eurozone economy.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides under the 50% level and falling. Stoch are entering the oversold zone.


 
Trading recommendations:
Sell the pair once the 0.8770 level is breached, considering its possible fall to 0.8650-55.

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USDJPY

The pair reversed downwards and corrects after a significant growth. This behavior is caused by the new turn of U.S. and North Korea tense relationship. It also leads to the growing demand for protective assets. The increasing international tension may trigger the price to continue its local decline ...

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USDJPY

The pair reversed downwards and corrects after a significant growth. This behavior is caused by the new turn of U.S. and North Korea tense relationship. It also leads to the growing demand for protective assets. The increasing international tension may trigger the price to continue its local decline.

The price is below the middle Bollinger band, below SМА 5 and SMA 14. RSI is above 50% level and its decline weakens. Stoch are falling.

Trading recommendations:

The pair may go down to 111.35 and then likely to 110.65 as the international situation grows tense.

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EURUSD

The pair still remains within the range as the results of the Fed monetary policy meeting are expected to be released. The interest rates raise is not expected, however, the decision to start the balance sheet reduction may be announced, which can provide a local support for the USD ...

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EURUSD

The pair still remains within the range as the results of the Fed monetary policy meeting are expected to be released. The interest rates raise is not expected, however, the decision to start the balance sheet reduction may be announced, which can provide a local support for the USD.

The price is above the middle Bollinger band, above SМА 5 and SMA 14. RSI has stopped growing. Stoch do not provide any meaningful insight.

Trading recommendations:

If the price falls below 1.1985 level amid the Fed meeting results and Janet Yellen speech, the pair is likely to go further down to the lower end of the range at 1.1840.

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EURUSD

The pair is still trading in the existing range as the results of the Fed's monetary policy meeting are expected to be released this Wednesday. It's likely that the range of 1.1835-1.2070 will remain the same until the Chancellor of Germany election this weekend.

The ...

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EURUSD

The pair is still trading in the existing range as the results of the Fed's monetary policy meeting are expected to be released this Wednesday. It's likely that the range of 1.1835-1.2070 will remain the same until the Chancellor of Germany election this weekend.

The price is on the level of the upper Bollinger band, above SMA 5 and SMA 14. RSI is growing, Stoch are entering the overbought zone.

Trading recommendations:

We expect the existing range to remain the same and think that it's necessary to sell the pair at its growth with the target of 1.1835.

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GBPUSD

The pair has grown significantly against the background of growing expectations of the Bank of England raising the interest rates, but technically it's strongly overbought and may correct under its own "weight".

The price is above the lower Bollinger band, above SMA 5 and SMA 14. RSI is ...

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GBPUSD

The pair has grown significantly against the background of growing expectations of the Bank of England raising the interest rates, but technically it's strongly overbought and may correct under its own "weight".

The price is above the lower Bollinger band, above SMA 5 and SMA 14. RSI is in the overbought zone. Stoch are leaving the overbought territory.

Trading recommendations:

If the price falls below 1.3560 level, it's likely to go further down to 1.3415.

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EURGBP

The pair may continue falling against the backdrop of rising expectations of the ECB raising the interest rates or reducing the volumes of economy stimulation before the end of the year.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is in the ...

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EURGBP

The pair may continue falling against the backdrop of rising expectations of the ECB raising the interest rates or reducing the volumes of economy stimulation before the end of the year.

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

Trading recommendations:

If the price drops below 0.8860 mark, it's likely to go further down to 0.8650

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EURUSD

The pair is still under pressure as the positive data on consumer inflation in the US that is expected to be released today. If the data turns out to be better than predicted, it may provide support for the USD.

The price is below the lower Bollinger band, below ...

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EURUSD

The pair is still under pressure as the positive data on consumer inflation in the US that is expected to be released today. If the data turns out to be better than predicted, it may provide support for the USD.

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

Trading recommendations:

If the price falls below 1.1850 level, the pair is likely to go further down to 1.1745.

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EURGBP

The price has reached the local target of 0.9000 as the released consumer inflation data in the United Kingdom turned out to be strong, which reinforced the expectations of the Bank of England raising the interest rates on the September meeting. If today's figures on the employment ...

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EURGBP

The price has reached the local target of 0.9000 as the released consumer inflation data in the United Kingdom turned out to be strong, which reinforced the expectations of the Bank of England raising the interest rates on the September meeting. If today's figures on the employment and average pay also display a significant growth, the pair is likely to continue falling.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is in the oversold zone. Stoch have left the oversold territory, but their growth is apparently weakening.

Trading recommendations:

If the price falls below 0.9000 level, it's likely to go further down to 0.8885.

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