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Daily Technical Analysis

AUD/USD Daily Forecast - 07 February

Aussie went back and forth in the course of the yesterday's session, initially being offset by much weaker than expected Retail Sales and Trade Balance figures, but found support around 0.7830 area and managed to rebound in order to finsih…

EUR/USD Daily Forecast - 06 February

Euro was pushed lower in the course of the yesterday's session with pair going all the way to 1.2360 area by the end of the session. Pair was mostly influenced by muche better than expected US Non-Manufacturing PMI figures. As…

GBP/USD Daily Forecast - 06 February

Sterling fell in the course of the yesterday's session being offset by weaker than expected UK Services PMI figures and much better than forecasted ISM Non-Manufacturing PMI report. Pair went all the way to 1.3950 handle by the end of…

AUD/USD Daily Forecast - 06 February

Aussie initially tried to break higher in the course of the yesterday's session, but area above 0.7950 level proved to be too resistive, with pair pulling back all the way to 0.7880 handle by the end of the session. Focus…

EUR/USD Daily Forecast - 05 February

Euro was pushed lower initially in the course of the Friday's session with pair going all the way to 1.24 handle after NFP figures, however it found some amount of support there and managed to rebound to a daily closing…

GBP/USD Daily Forecast - 05 February

Sterling fell in the course of the Friday's session mostly due to better than forecasted NFP figures. Pair went all the way to 1.41 handle around which it finished the session. On Monday we would pay some attention to UK…

AUD/USD Daily Forecast - 05 February

Aussie continued its decline in the course of the Friday's session going all the way to 0.7920 area by the end of the day. Decline was supported by better than expected US NFP figures. On Monday we expect a bit…

EUR/USD Daily Forecast - 02 February

Euro formed support around 1.2380 area in the course of the yesterday's session and was then pushed higher going all the way to 1.25 handle by the end of the session, which is of course major resistive point. As for…

GBP/USD Daily Forecast - 02 February

Sterling was pushed higher in the course of the yesterday's session going all the way to 1.4270 area, which proved to be somewhat resistive, however, pair finished the session around this area which is of course a positive sign. As…

AUD/USD Daily Forecast - 02 February

Aussie was initially pushed lower in the course of the yesterday's session, after terrible Building Approvals figures, however, pair found some amount of support slightly below 0.80 handle and managed to rebound in order to finish the session near 0.8040…

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