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Weekly Technical Analysis

AUD/USD Weekly Forecast – 05 September – 09 September

Aussie pulled back initially last week, but found area around 0.75 handle to be supportive enough at the moment and managed to rebound in the second part of the week, testing 0.76 handle as a resistance, and after that slightly…

EUR/USD Weekly Forecast – 29 August – 02 September

It was initially a steadier beginning of the week for euro, which was traded between 1.1280 and 1.1330 level, but by the end of the week pulled back after hawkish Janet Yellen's statement. As for next week, with plenty of…

GBP/USD Weekly Forecast – 29 August – 02 September

Sterling was pushed higher initially in the week, going all the way above 1.32 handle, though there were no major data releases, however, area near 1.3250 level proved to be too resistive at the moment and pair pulled back on…

AUD/USD Weekly Forecast – 29 August – 02 September

Aussie did not manage to break above 0.7670 area in the course of the last week, and spent most of it pulling back, but 0.76 handle proved to be massively supportive, with pair rebounding from it every time. Next week,…

EUR/USD Weekly Forecast – 22 August – 26 August

Euro was pushed higher last week, mostly due to dovish FOMC Meeting Minutes, with pair breaking all the way to 1.13 handle, but finding some amount of resistance above 1.1360 area, and pulling back slightly by the end of the…

GBP/USD Weekly Forecast – 22 August – 26 August

Sterling found support below 1.29 handle initially last week, and was then pushed decisively up all the way to near 1.32 handle supported by rather good UK figures and dovish FOMC Meeting Minutes. However, by the end of the week,…

AUD/USD Weekly Forecast – 22 August – 26 August

Aussie went back and forth in the course of the last week, with resistance above 0.77 handle and support around 0.76 handle. However, by the end of the week, pair was pushed a bit lower, though it finished it above…

EUR/USD Weekly Forecast – 15 August – 19 August

Euro was pushed higher initially last week, though there were no major data releases, going all the way above 1.12 area, but did not manage to go higher than 1.1220 area and pulled back slightly to 1.1160 level by the…

GBP/USD Weekly Forecast – 15 August – 19 August

Sterling spent last week in a decline, though there were no major data releases, and broke below major psychological support level at 1.30 handle, and went all the way to 1.29 handle, which could easily be broke in the course…

AUD/USD Weekly Forecast – 15 August – 19 August

Aussie found support around 0.76 level in the course of the last week and was pushed higher, well above 0.77 handle, indicating that there is certain amount of bullish pressure in the pair at the moment. However, by the end…

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