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Technical Analysis 11.05.18

USDCAD

The pair has fallen to the support level of 1.2750 amid the oil price surge that happened after the US withdrew from the Iran nuclear deal. The price resides below the lower line of the Bollinger band borders, lower than EMA 5 and EMA 13. RSI is moving horizontally. …

Technical analysis 10.05.18

USDCAD

The pair has fallen down to the support level amid the recent crude oil price surge due to the tensions between the US and Iran and the possibility of new sanctions, which may lead to reduced oil flow to the world market.

The price resides below the lower Bollinger …

Technical Analysis 08.05.18

EURUSD

The pair is consolidating above the 1.1900 level. Investors keep analyzing the probability of ECB deciding to cut stimulus measures in June. It is expected that the pair will remain within the range before then, but its fall may be accelerated by the rising probability of the interest rate …

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