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Technical analysis 16.05.18

EURUSD

The pair is trading above the support line of 1.1825 after yesterday’s fall against the backdrop of the USD’s sharp growth on the exchange markets that was triggered by the steep increase in the US government bonds yield.

The price is below the middle line of the borders of …

Technical analysis 15.05.18

EURUSD

The pair is trading above the support level of 1.1900–05. If the eurozone GDP data is weaker than predicted, the pair will be expected to go down, and even further down if the US data is positive. At the same time, if the GDP figures are strong, the pair …

Technical analysis 14.05.18

USDCAD

The pair is trading above the support level of 1.2750 against the background of the tension between the US and Iran in the Middle East. It will likely encourage the growth of crude oil prices and support the rate of Canada’s currency.

The price is below the middle line …

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