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Weekly Technical Analysis

Saturday, 16 July 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 18 July – 22 July

Sterling managed to rebound a bit in the course of the last week. Theresa May as a new PM and BoE leaving interest rate unchanged were positive signs for Sterling which even come near 1.35 handle after it initially found…
Saturday, 16 July 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 18 July – 22 July

Aussie spent most of the last week in an uptrend after finding area around 0.75 handle to be supportive enough with pair going all the way to 0.7670 level, however, this is where pair found significant amount of resistance with…
Friday, 08 July 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 11 July – 15 July

Euro tried to break higher in the course of the last week, but found area around 1.1180 level to be too resistive at the moment, with pair pulling back to 1.10 handle, where it found some amount of support, but…
Friday, 08 July 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 11 July – 15 July

Sterling continued its downtrend last week as post-referendum impacts continue to effect financial market in the UK. Pair was pushed all the way to 1.28 handle in one moment, but managed to rebound slightly by the end of the week,…
Friday, 08 July 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 11 July – 15 July

Aussie went back and forth in the course of the last week, with resistance above 0.75 handle, but managed to remained stable above 0.74 handle, which is of course a bullish sign, taking in consideration how markets are being volatile…
Saturday, 02 July 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 04 July – 08 July

Euro was mostly influenced by Brexit referendum results in the course of the last week. Pair initially found support slightly below 1.10 handle and managed to rebound breaking above 1.11 handle, however area above 1.1150 level proved to be too…
Saturday, 02 July 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 04 July – 08 July

Sterling initially found support around 1.31 handle in the course of the last week and managed to rebound going all the way above 1.36 handle, however, quickly declined by the end of the week going back to 1.32 handle. OF…
Saturday, 02 July 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 04 July – 08 July

Aussie initially fell in the course of the last week affected by stronger US dollar, but by the end of the week managed to rebound and broke above 0.74 handle, even testing 0.75 handle as a resistance, which is of…
Saturday, 25 June 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 27 June – 01 July

Euro was initially pushed higher in the course of the last week as latest British polls were showing advantage for Remain side. However, after referendum results showed victory of Leave side, euro was pushed lower from the highs above 1.14…
Saturday, 25 June 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 27 June – 01 July

Sterling was initially pushed higher in the course of the last week, all the way to above 1.49 handle as it was expected that Remain side will win in Brexit referendum. However, after Leave side victory, Sterling tumbled to the…

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