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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…

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…

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…

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…

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…

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.…

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…

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…

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…

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…

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