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Weekly Technical Analysis

AUD/USD Weekly Forecast – 22 May – 26 May

Aussie formed support around 0.7380 area in the course of the last week, and was then pushed higher but found area above 0.7470 level to be too resistive at the moment, however, pair finished the week near this area which…

EUR/USD Weekly Forecast – 15 May – 19 May

Euro initially broke higher in the course of the last week going all the way above 1.10 handle but this area proved to be too resistive at the moment, with pair pulling back all the way to 1.0840 level, but…

GBP/USD Weekly Forecast – 15 May – 19 May

Sterling went all the way to 1.30 handle in the course of the last week, but after BoE's interest rate decision and BoE's Inflation Report, pulled back all the way to 1.2840 level where it found some amount of support.…

AUD/USD Weekly Forecast – 15 May – 19 May

Aussie pulled back in the course of the last week going all the way to 0.7320 level where it found some amount of support, and managed to rebound by the end of the week finishing it near 0.74 area, but…

EUR/USD Weekly Forecast – 08 May – 12 May

Euro continued its uptrend in the course of the last week going all the way to 1.10 handle, by the end of the week, which is still quite resistive at the moment. The incline is further supported by polls showing…

GBP/USD Weekly Forecast – 08 May – 12 May

Sterling tried to break higher in the course of the last week going all the way to 1.2930 level, but this area kept being too resistive, with pair pulling back all the way to 1.2830 area, where it found significant…

AUD/USD Weekly Forecast – 08 May – 12 May

Aussie tried to break higher initially last week, but area above 0.7550 handle proved to be too resistive at the moment, with pair pulling back all the way below 0.74 handle, but it in the end found some amount of…

EUR/USD Weekly Forecast – 01 May – 05 May

Euro was pushed higher in the course of the last week going all the way to1.0950 area, where it found some amount of resistance and pulled back by the end of the week but remained around 1.09 handle. Incline was…

GBP/USD Weekly Forecast – 01 May – 05 May

Sterling broke higher in the course of the last week, going all the way above 1.2950 handle which offered some amount of resistance but pair did not pullback significantly which is of course a positive sign. This is a continuation…

AUD/USD Weekly Forecast – 01 May – 05 May

Aussie did not mange to break above 0.76 handle in the course of the last week and then sharply pulled back going all the way to 0.7440 area where it found some amount of support and managed to rebound slightly…

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