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Weekly Technical Analysis

GBP/USD Weekly Forecast – 07 November – 11 November

Sterling broke higher in the course of the last week going all the way to above 1.25 handle which was resistive for a long time. The pair was supported by High Court Rulling on Brexit and more hawkish that expected…

AUD/USD Weekly Forecast – 07 November – 11 November

Aussie found support around 0.76 handle in the course of the last week and went all the way to 0.77 handle, but this area is still too resistive at the moment. Aussie was supported by rather good Australian Trade Balance

EUR/USD Weekly Forecast - 17 October – 21 October

Euro continued its decline in the course of the last week as well, breaking below 1.10 handle, which was a major psychological support for a long time, which is of course a negative sign. Focus of the next week will…

GBP/USD Weekly Forecast - 17 October – 21 October

Sterling spent first part of the last week in a downtrend going all the way to 1.21 handle, where it found some amount of support and managed to rebound, however, area around 1.23 handle for now offers plenty of resistance.…

AUD/USD Weekly Forecast - 17 October – 21 October

After it was initially pushed lower in the course of the last week, Aussie found enough support around 0.75 handle and managed to rebound by the end of the week once again breaking above 0.76 handle, which indicates that there…

EUR/USD Weekly Forecast - 10 October – 14 October

Euro spent last week in a decline, breaking below 1.12 handle and going all the way to 1.11 area in the course of the Friday's session but this is where the pair found some amount of support and managed to…

GBP/USD Weekly Forecast - 10 October – 14 October

Sterling sharply pulled back in the course of the last week. Main reason for a decline was UK PM statement regarding Brexit. Furthermore, in early Friday trade Sterling fell over 700 points in still unexplained move. Pair managed to regain…

AUD/USD Weekly Forecast - 10 October – 14 October

After Aussie initially tested 0.77 handle in the the course of the last week, it pulled back unable to break above it and went all the way to 0.7550 handle where it found some amount of support but still finished…

EUR/USD Weekly Forecast – 05 September – 09 September

Euro spent most of the last week in a decline after it did not manage to break decisively above 1.12 handle, but found support around 1.1120 area and was pushed higher during the Friday's session, but by the end of…

GBP/USD Weekly Forecast – 05 September – 09 September

Sterling was pushed higher in the course of the last week, going all the way above 1.33 handle, though there were no major data releases, however, area near 1.3350 level proved to be too resistive at the moment and pair…

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