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EUR/USD September 1, 2017 forecast

Technical tools: simple moving averages (20, 55 and 100), relative strength index and Bollinger bands.
The following daily chart shows the EUR/USD exchange rate surging between April 10, 2017 and July 20, 2017.
The 20-day SMA (1.1408) is above the 55-day SMA (1.1237) and the latter SMA is above the 100-day SMA (1.1008).
Daily SMAs positioning offers a full conditional signal to expect further bullish developments in the weeks and month ahead.
The RSI is ticking at 71.2 showing signs of exhaustio…
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GBP/USD September 1, 2017 forecast

Technical tools: simple moving averages (20, 55 and 100), relative strength index and Bollinger bands.
The following daily chart shows the GBP/USD exchange rate surging between June 21, 2017 and July 13, 2017. After that period, the exchange rate reversed the previous mentioned trend and moved lower.
The 20-day SMA (1.2929) is above the 55-day SMA (1.2886) and the latter SMA is above the 100-day SMA (1.2730).
Daily SMAs positioning offers a full conditional signal to expect further bullish devel…
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USD/JPY September 1, 2017 forecast

Technical tools: simple moving averages (20, 55 and 100), relative strength index and Bollinger bands.
The following daily chart shows the USD/JPY exchange rate surging between June 15, 2017 and July 10, 2017. After that period, the exchange rate reversed the previous mentioned trend and moved lower.
The 20-day SMA (112.75) is above the 55-day SMA (111.90) and the latter SMA is above the 100-day SMA (111.72).
Daily SMAs positioning offers a full conditional signal to expect further bullish devel…
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EUR/JPY September 1, 2017 forecast

Technical tools: simple moving averages (20, 55 and 100), relative strength index and Bollinger bands.
The following daily chart shows the EUR/JPY exchange rate surging since April 17, 2017.
The 20-day SMA (128.86) is above the 55-day SMA (125.87) and the latter SMA is above the 100-day SMA (123.09).
Daily SMAs positioning offers a full conditional signal to expect further bullish developments in the weeks and month ahead.
The RSI is ticking at 62.7 still not exhausted, though considering its re…
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AUD/USD September 1, 2017 forecast

Technical tools: simple moving averages (20, 55 and 100), relative strength index and Bollinger bands.
The following daily chart shows the AUD/USD exchange rate surging between May 10, 2017 and July 20, 2017.
The 20-day SMA (0.7712) is above the 55-day SMA (0.7546) and the latter SMA is below the 100-day SMA (0.7565).
Daily SMAs positioning is unclear for future guidance. Until further alignments take place, no full conditional signal is obtained. In the following days, the 55-day SMA is set to …
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USD/CAD September 1, 2017 forecast

Technical tools: simple moving averages (20, 55 and 100), relative strength index and Bollinger bands.
The following daily chart shows the USD/CAD exchange rate easing since May 5, 2017.
The 20-day SMA (1.2858) is below the 55-day SMA (1.3243) and the latter SMA is below the 100-day SMA (1.3332).
Daily SMAs positioning offers a full conditional signal to expect further bearish developments in the weeks and month ahead.
The RSI is ticking at 21.3 showing signs of exhaustion and signalling that a …
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NZD/USD September 1, 2017 forecast

Technical tools: simple moving averages (20, 55 and 100), relative strength index and Bollinger bands.
The following daily chart shows the NZD/USD exchange rate surging since May 12, 2017.
The 20-day SMA (0.7310) is above the 55-day SMA (0.7164) and the latter SMA is above the 100-day SMA (0.7077).
Daily SMAs positioning offers a full conditional signal to expect further bullish developments in the weeks and month ahead.
The RSI is ticking at 72.9 showing signs of exhaustion and signalling that …
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