Weekly Technical Analysis
- Friday, 10 August 2018
- Weekly Technical Analysis
EUR & GBP Weekly Outlook - 10 August
In the first sign of the Turkish Lira downfall is entering crisis territory, the supervisory body of the ECB has reportedly (according to the FT) begun looking a various European banks' exposure to Turkey (BBVA (MC:BBVA), UniCredit (MI:CRDI) and BNP…- Monday, 06 August 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 6 August - 10 August
The EUR/USD pair has initially tried to rally during the week but gave back the gains to close lower. As you can see by the yellow rectangle on the chart, not much has changed since last week, and I believe…- Monday, 06 August 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 6 August - 10 August
The British pound initially tried to rally during the week but gave back the gains to crash back into the 1.30 level. This is an area where I see a significant amount of demand, so quite frankly I do expect…- Monday, 06 August 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 6 August - 10 August
The Australian dollar has gone sideways again this week, but it continues to show that there is a significant amount of support at the 0.7350 level. Overall, I believe that this market will probably continue to find reasons to bounce…- Saturday, 28 July 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 30 July - 3 August
As we enter the traditionally slow month of August, I cannot help but notice that the EUR/USD pair looks to be very stagnant. This is probably because we are awaiting the results of the Brexit, which although much of the…- Saturday, 28 July 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 30 July - 3 August
The British pound has dropped a bit during the week, but still remains well above the 1.30 level, as we continue to hover in a consolidated phase. The question now is whether or not this is an accumulation phase, or…- Saturday, 28 July 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 30 July - 3 August
The Australian dollar has fallen a bit during the week but continues to find plenty support near the 0.7350 level, showing a proclivity for a bounce. I think that if we can break above the top of the 0.75 handle,…- Monday, 23 July 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 23 July - 27 July
The EUR/USD pair continued to be very choppy during trading this past week, using the 1.15 level as support and the 1.1850 level above as resistance. We ended up forming a bit of a hammer, and that of course is a…- Monday, 23 July 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 23 July - 27 July
The British pound has taken a bashing over the last several weeks, as the Brexit negotiations are not going very well. Compounding that, the British government can’t seem to decide on what to do so it makes sense that Sterling fell.…- Monday, 23 July 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 23 July - 27 July
The Australian dollar has found support yet again on a bounce from the 0.7325 region, as the 0.7350 handle looks to be the beginning of massive support. We have formed a hammer for the week, just like we did the week…- Popular
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