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Weekly Technical Analysis

Friday, 06 May 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast - 09 May – 13 May

Sterling tried to break higher in the course of the last week going all the way near 1.47 handle, however this area proved to be too resistive at the moment, with pair pulling back to 1.44 handle by the end…
Friday, 06 May 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast - 09 May – 13 May

Aussie broke lower in the course of the last week going all the way to 0.7330 area. Decline was mostly due to RBA surprise rate cut as well as announcement that we can expect further rate cuts in the future,…
Friday, 29 April 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast - 02 May – 06 May

Euro formed support around 1.12 handle in the course of the last week and was then pushed higher, especially in the second part of the week, breaking even above 1.14 handle, and with a weekly closing above this area. Focus…
Friday, 29 April 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast - 02 May – 06 May

Sterling was pushed higher in the course of the last week,continuing its recent uptrend. Pair initially struggled with 1.45 handle, but then broke above it and extended its gains all the way to 1.4670 level, where pair found some amount…
Friday, 29 April 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast - 02 May – 06 May

After it initially tried to break higher, Aussie pulled back all the way to 0.7550 handle, where pair found some amount of support and managed to rebound by the end of the week, breaking above 0.76 handle. We can expect…
Friday, 22 April 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast - 25 April – 29 April

Euro went back and forth in the course of the last week, with traders being cautious ahead of ECB Meeting. Pair was initially pushed higher, but found area near 1.14 handle to be too resistive at the moment and pulled…
Friday, 22 April 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast - 25 April – 29 April

Sterling was pushed higher in the course of the last week, mostly supported with the news that Remain campaign in Brexit referendum.Pair broke above 1.44 handle and managed to finish the week above it, which is of course a bullish…
Friday, 22 April 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast - 25 April – 29 April

After it made few attempts to break decisively above 0.78 handle, Aussie pulled back in the course of the last week as 0.7830 level proved to be too resistive at the moment, with pair going all the way to 0.77…
Saturday, 16 April 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast - 18 April – 22 April

Euro was pushed higher initially last week, but found area around 1.1450 handle to offer significant amount of resistance, and pulled back by the end of the week, even below 1.13 area, with some amount of support around 1.1250 level.…
Saturday, 16 April 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast - 18 April – 22 April

Sterling was initially pushed lower in the course of the last week, but then managed to rebound all the way to 1.43 handle, where pair found significant amount resistance and pulled back to 1.42 handle by the end of the…

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