USDJPY
After a minor correction, the pair continued growing amid a very possible Fed's interest rate increase in September. At the same time, the market is expecting the Bank of Japan to expand the stimulus measures which will lead to divergence between monetary polices of the Fed and the Bank …
EURUSD
The pair has corrected downside awaiting for a positive performance for the US dollar by J. Yellen in Jackson Hole this Friday.
The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides lower than 50% level. Stoch are falling.
Trading recommendations: …
EURUSD
The pair has grown amid the equally strong weakening of the investor interest in the US dollar. But today, quite probably, a number of long positions will be closed due to the locally overbought market being a good occasion to take profits.
The price is higher than the upper …
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