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Daily Technical Analysis

GBP/USD Daily Forecast - 12 February

Sterling fell in the course of the Friday's session, being offset by weaker than expected UK Industrial Production figures, with pair going all the way to 1.3780 level, where it found some amount of support and managed to rebound slightly…

AUD/USD Daily Forecast - 12 February

Aussie managed to break higher in the course of the Friday's session going above 0.78 handle, but found resistance around 0.7830 level and pulled back slightly but managed to finish the session above 0.78 handle. As for Monday, we expect…

EUR/USD Daily Forecast - 09 February

Euro went back and forth in the course of the ysterday's session, with support around 1.2210 level and resistance near 1.23 handle, with pair in the end finishing the session around 1.2250 area, in a neutral tone. As for tomorrow,…

GBP/USD Daily Forecast - 09 February

Sterling formed support around 1.3850 area in the course of the yesterday's session and was pushed higher going all the way to 1.4060 level after hawkish BoE stanzas, however pair found some amount of resistance there and pulled back to…

AUD/USD Daily Forecast - 09 February

Aussie tried to break higher in the course of the yesterday's session, but found plenty of resistance around 0.7850 area, and then pulled back by the end of the session to a daily closing around 0.7780 area which is of…

EUR/USD Daily Forecast - 08 February

Despite no major data releases, euro was pushed lower in the course of the yesterday's session going all the way below 1.23 handle to a daily closing around 1.2260 level. We expect similar session tomorrow, with some bearish trend in…

GBP/USD Daily Forecast - 08 February

Sterling tried to break higher in the course of the yesterday's session but found plenty of resistance near 1.40 handle and pulled back going all the way to 1.3850 area where it found some amount of support and rebounded slightly…

AUD/USD Daily Forecast - 08 February

Aussie continued its decline in the course of the yesterday's session going all the way to 0.7820 area, where it found some amount of support but did not manage to rebound which is of course another bearish sign. Tomorrow, we…

EUR/USD Daily Forecast - 07 February

Euro was initially pushed higher in the course of the yesterday's session, but found resistance above 1.2430 level and then pulled back going all the way to 1.2310 area, where it found some amount of support and was pushed higher…

GBP/USD Daily Forecast - 07 February

Though there were no major data releases from the UK, yesterday, Sterling continued its decline and fell all the way to 1.3850 handle in the course of the session where it found some amount of support and managed to rebound…

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