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Weekly Technical Analysis

EUR/USD Weekly Forecast – 12 December – 16 December

Euro initially pulled back in the course of the last week, going all the way to 1.05 handle, but then rebounded and went all the way above 1.08 handle ahead of ECB, but after dovish ECB stanzas pair pulled back…

GBP/USD Weekly Forecast – 12 December – 16 December

Sterling tried to break more decisively above 1.27 handle in the course of the last week, but in the end found this area to be too resistive at the moment with pair pulling back all the way to 1.2550 handle…

AUD/USD Weekly Forecast – 12 December – 16 December

Aussie formed support around 0.74 handle in the course of the last week and spent most o fit testing 0.75 handle as a resistance, which it did not manage to break and finished the week around 0.7450 area. Pair is…

EUR/USD Weekly Forecast – 05 December – 09 December

It was a bit steadier week for euro, which was consolidating a bit after recent huge decline, being t traded between 1.0560 area as a bottom and 1.0680 level as a resistance. Next week we would pay attention to ECB…

GBP/USD Weekly Forecast – 05 December – 09 December

Sterling formed support around 1.54 area in the course of the last week and was then pushed higher all the way to 1.27, with a weekly closing near weekly highs which is of course positive sign. Pair was pushed higher…

AUD/USD Weekly Forecast – 05 December – 09 December

Aussie pulled back in the course of the last week going all the way to 0.7360 area where it found some amount of support and managed to rebound slightly with a weekly closing above 0.7450 area. Pair has plenty of…

AUD/USD Weekly Forecast – 14 November – 18 November

After it initially reached all the way to 0.7780 area, Aussie sharply pulled back after the US Presidential Elections results going all the way below 0.7550 area by the end of the week though remaining above  0.75 handle that should…

EUR/USD Weekly Forecast – 14 November – 18 November

Euro was pushed lower in the course of the last week after US Presidential Election Results. Pair broke well below 1.10 handle after initially aiming higher and continued its downtrend all the way to 1.0850 area which is currently offering…

GBP/USD Weekly Forecast – 14 November – 18 November

Sterling formed support around 1.24 area in the course of the last week and was then pushed higher all the way to 1.2680 area where pair found some amount of resistance and pulled back by the end of the Friday's…

EUR/USD Weekly Forecast – 07 November – 11 November

Euro was pushed higher in the course of the last week, rebounding and breaking once again above 1.11 handle, though there were no major data releases from Eurozone during the week, with pair being supported by general weakness of US…

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