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Weekly Technical Analysis

Sunday, 07 August 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 08 August – 12 August

Euro was pushed higher initially last week, going all the way above 1.12 area, but did not manage to go higher than 1.1260 area and after optimistic US job figures pair pulled back going back to 1.10 handle which continues…
Sunday, 07 August 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 08 August – 12 August

Sterling came near 1.34 handle in the course of the last week but then decisively pulled back all the way to 1.30 handle after BoE's decision to cut interest rates and expand stimulus programme. In addition to that US NFP…
Sunday, 07 August 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 08 August – 12 August

Aussie found support around 0.7470 level in the course of the last week and was pushed higher, well above 0.76 handle, despite RBA's rate cut, indicating that there is certain amount of bullish pressure in the pair at the moment.…
Sunday, 31 July 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 01 August – 05 August

Euro spent last week in a slight incline after it found support around 1.0950 handle and went all the way to 1.12 handle, though this is where pair found resistance and pulled back slightly. As for next week we would…
Sunday, 31 July 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 01 August – 05 August

Sterling managed to rebound in the course of the last week, going all the way to 1.33 handle, supported by better than forecasted UK GDP figures. However, pair found this area to be too resistive at the moment with pair…
Sunday, 31 July 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 01 August – 05 August

Aussie was pushed lower initially in the course of the last week, but found support slightly above 0.74 handle and managed to rebound by the end of the week going all the way to 0.76 handle, with a weekly closing…
Saturday, 23 July 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 25 July – 29 July

It was an overall steadier week for euro, with a downtrend prevailing. Pair initially in the week found significant amount of support around 1.10 and 1.0980 level and from there bounced out, but with resistance already at 1.1050 handle. However…
Saturday, 23 July 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 25 July – 29 July

Sterling went back and forth in the course of the last week, finding support around 1.3060 area and going as high as 1.33 handle, where it found significant amount of resistance. However, by the end of the week, due to…
Saturday, 23 July 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 25 July – 29 July

Aussie spent most of the last week in an downtrend after finding area around 0.76 handle to be too resistive at the moment with pair going all the way to 0.7450 level, however, this is where pair found significant amount…
Saturday, 16 July 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 18 July – 22 July

After it initially found support around 1.10 handle in the course of the last week, euro was pushed higher, but found significant amount of resistance above 1.1150 handle and by the end of the week pair pulled back to 1.10…

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