Weekly Technical Analysis
- Saturday, 01 April 2017
- Weekly Technical Analysis
GBP/USD Weekly Forecast – 03 April – 07 April
Sterling was initially pushed higher in the course of the last week, but pulled back on Wednesday with Theresa May's triggering of Article 50, with pair founding some amount of support around 1.2380 area and rebounding by the weekly closing…- Saturday, 01 April 2017
- Weekly Technical Analysis
AUD/USD Weekly Forecast – 03 April – 07 April
Since there were no major data releases from Australia, in the course of the last week, pair had overall steadier week, with support around 0.7580 area and resistance above 0.7680 level. Pair in the end finished the week slightly above…- Saturday, 25 March 2017
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 27 March – 31 March
Euro was pushed higher in the course of the last week, going all the way to 1.08 handle, which is a major resistive point at the moment. Rest of the week pair spent testing this area as resistance but was…- Saturday, 25 March 2017
- Weekly Technical Analysis
GBP/USD Weekly Forecast – 27 March – 31 March
Sterling formed support around 1.2330 level in the course of the last week, and was then pushed decisively up going all the way to above 1.25 handle, where it found some amount of resistance and then pulled back slightly by…- Saturday, 25 March 2017
- Weekly Technical Analysis
AUD/USD Weekly Forecast – 27 March – 31 March
Aussie was initially pushed higher in the course of the last week, but found resistance above 0.7750 handle, and then pulled back gradually in the course of the rest week, going all the way to 0.76 handle, which offered some…- Friday, 10 March 2017
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 13 March – 17 March
After initial steadier beginning of the week, in which euro was pushed somewhat lower, pair found some amount of support around 1.0520 level and was then pushed higher, breaking well above 1.06 handle in the course of the Friday's session.…- Friday, 10 March 2017
- Weekly Technical Analysis
GBP/USD Weekly Forecast – 13 March – 17 March
Sterling spent yesterday's session in decline going all the way to below 1.22 handle, below which it finished the week. UK budget release stands behind this decline as well as Brexit uncertainties. Next week we would pay attention to BoE…- Friday, 10 March 2017
- Weekly Technical Analysis
AUD/USD Weekly Forecast – 13 March – 17 March
Aussie pulled back in the course of the last week, going even below 0.75 handle in one moment, but found support around 0.7480 level and managed to rebound slightly in order to finish the week above 0.75 area, however momentum…- Sunday, 05 February 2017
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 06 February – 10 February
Euro was pushed higher in the course of the last week, going all the way to 1.08 handle, after it formed support around 1.06 area. Pair was mostly supported by rather good Eurozone CPI figures. However, 1.08 area proved to…- Sunday, 05 February 2017
- Weekly Technical Analysis
GBP/USD Weekly Forecast – 06 February – 10 February
Sterling formed support around 1.24 handle in the course of the last week and was then pushed decisively up all the way to 1.27 area, but then pulled back after BoE's Inflation Report and rate decision going back to below…- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most…
-
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures…
-
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports…
-
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…