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Daily Technical Analysis

GBP/USD Daily Forecast – 24 November

Sterling was initially pushed lower in the course of the yesterday's session, afte rit found resistance above 1.3330 area, but then formed support around 1.3280 level and managed to rebound in order to finish the session above 1.33 handle. With…

AUD/USD Daily Forecast – 24 November

Aussie was traded in a tighter range in the course of the yesterday's session with support around 0.7610 level and resistance above 0.7630 area, essentially doing nothing and finishing the session in a neutral tone around 0.7620 level. We can…

EUR/USD Daily Forecast – 23 November

Euro formed support around 1.1730 level in the course of the yesterday's session and was then pushed higher after weaker than expected US figures going all the way to 1.1820 area where it found some amount of resistance but managed…

GBP/USD Daily Forecast – 23 November

Sterling was pushed higher in the course of the yesterday's session, especially after budget release with pair going all the way to 1.33 handle by the end of the session, which is of course a positive sign. Tomorrow, we would…

AUD/USD Daily Forecast – 23 November

Aussie spent yesterday's session in an uptrend, after the pair formed support around 0.7550 handle and was then pushed all the way to above 0.76 handle where it found some amount of resistance but managed to finish the session above…

EUR/USD Daily Forecast – 22 November

Euro went back and forth in the course of the yesterday's session finding support around 1.1710 area and resistance above 1.1750 level, essentially doing nothing with a daily closing around 1.1730 area. Tomorrow, we would be more focused on US…

GBP/USD Daily Forecast – 22 November

Sterling was initially pushed lower in the course of the yesterday's session but found support around 1.3210 level and was then pushed higher going all the way to 1.3260 area, which proved to be too resistive at the moment with…

AUD/USD Daily Forecast – 22 November

Aussie formed support around 0.7530 level in the course of the yesterday's session, after dovish RBA Meeting Minutes,  and was then pushed higher going all the way to 0.7580 area, which offered some amount of resistance but around which pair…

EUR/USD Daily Forecast – 21 November

Euro was initially pushed higher in the course of the yesterday's session but then found resistance above 1.18 handle and after news on fail of Merkel to form a coalition, fell all the way to 1.1730 level, where it found…

GBP/USD Daily Forecast – 21 November

Sterling formed support around 1.3180 area in the course of the yesterday's session and was then pushed higher going all the way to 1.3280 level, where it found some amount of resistance and pulled back by the end of the…

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