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Weekly Technical Analysis

GBP/USD Weekly Forecast – 26 June – 30 June

Sterling pulled back in the course of the last week, going even below 1.26 handle at one moment. Decline was mostly caused by concerns in Brexit negotiations and overall instability of UK government. However, pair found some amount of support…

AUD/USD Weekly Forecast – 26 June – 30 June

Aussie spent most of the last week in a decline going all the way to 0.7530 area, but by the end of the week managed to slightly rebound. The whole weekly movement was within 100 points as there were no…

EUR/USD Weekly Forecast – 05 June – 09 June

Euro formed support around 1.11 handle in the course of the last week and spent rest of it in incline going all the way to 1.1280 area by the end of the week, mostly supported by weaker than expected US…

GBP/USD Weekly Forecast – 05 June – 09 June

Sterling was initially pushed lower in the course of the week, mostly due to poll results indicating Conservatives do not have big advantage against Labour in the upcoming elections. However, pair found support around 1.2780 level and went all the…

AUD/USD Weekly Forecast – 05 June – 09 June

Aussie pulled back in the course of the last week going all the way to 0.7380 area, where it found some amount of support and managed to rebound on Friday, going to 0.7450 area again, after weaker than expected US…

EUR/USD Weekly Forecast – 29 May – 02 June

Euro broke above 1.12 handle in the course of the last week but area above 1.1250 handle proved to be too resistive at the moment with pair spending rest of the week going back and forth with support around 1.1160…

GBP/USD Weekly Forecast – 29 May – 02 June

Sterling initially broke higher in the course of the last week, but did not manage to hold above 1.30 handle, and spent rest of the week in a decline going even below 1.28 handle, as Tory lead started to shrink…

AUD/USD Weekly Forecast – 29 May – 02 June

Aussie once again broke above 0.75 handle in the course of the last week, and once again found plenty of resistance above this level going back to 0.7450 level by the end of the week. However, as there were no…

EUR/USD Weekly Forecast – 22 May – 26 May

Euro spent last week in a huge incline, forming support around 1.09 handle and breaking above 1.12 area, which at the moment offers some amount of resistance. The uptrend was mostly supported by overall weakening of US dollar. Next week…

GBP/USD Weekly Forecast – 22 May – 26 May

Sterling was supported by rather good UK figures in the course of the last week and was pushed higher, breaking above 1.30 handle by the end of the week, though this area is still quite resistive. Next week we would…

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