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Weekly Technical Analysis

EUR/USD Weekly Forecast – 31 July – 04 August

Euro continued its uptrend in the course of the last week as well going all the way to 1.1750 area, around which it finished the week. The incline was mostly supported by dovish FOMC Statement and overall negative momentum in…

GBP/USD Weekly Forecast – 31 July – 04 August

Sterling was pushed higher in the course of the last week going all the way to 1.3150 handle by the weekly closing, which is of course a positive sign. Pair was supported by dovish FOMC Statement and overall fall in…

AUD/USD Weekly Forecast – 31 July – 04 August

Aussie broke higher in the course of the last week going all the way to 0.8950 handle, mostly being supported by dovish FOMC stanzas as well as overall weakness in the US dollar. However, pair found some amount of resistance…

EUR/USD Weekly Forecast – 24 July – 28 July

Euro spent last week in an uptrend going all the way to 1.1680 area at the end of the week. Pair was mostly supported by hawkish ECB comments and overall weakness in US dollar. As for next week we would…

GBP/USD Weekly Forecast – 24 July – 28 July

Sterling was initially pushed higher in the course of the yesterday's session going all the way to 1.31 handle where pair found plenty of resistance and spent rest of the week in a decline going all the way to 1.2930…

AUD/USD Weekly Forecast – 24 July – 28 July

Aussie broke higher in the course of the last week going all the way to 0.7950 handle, mostly being supported by RBA Meeting Minutes as well as overall weakness in the US dollar. However, pair found some amount of resistance…

EUR/USD Weekly Forecast – 03 July – 07 July

Euro was pushed higher in the course of the last week going all the way 1.1450 handle, mostly being supported by overall weakening of the US dollar. Pair found some amount of resistance around 1.1450 area and pulled back slightly…

GBP/USD Weekly Forecast – 03 July – 07 July

Sterling broke higher in the course of the last week going all the way above 1.30 handle and finish the week above 1.30 area, which is of course a sign of a bullish momentum. Pair was mostly supported by good…

AUD/USD Weekly Forecast – 03 July – 07 July

Aussie was pushed higher in the course of the last week, breaking even above 0.77 handle for one moment, however, this area is still somewhat resistive with pair pulling back slightly but finished the session near 0.77 level. Incline was…

EUR/USD Weekly Forecast – 26 June – 30 June

Euro initially pulled back in the course of the last week but found plenty of support around 1.1120 area in order to rebound by the end of the week and come back to 1.12 handle. It was an overall steadier…

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