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Weekly Technical Analysis

Friday, 26 February 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 29 February – 04 March

Pound broke below 1.40 handle in the course of the last week,and went all the way to 1.3850 handle, with a weekly closing near weekly lows which is of course additional bearish sign. Downtrend is caused mostly on Brexit concerns…
Friday, 26 February 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 29 February – 04 March

Aussie was pushed higher in the course of the last week, going all the way to above 0.72 handle, but pair found significant amount of resistance around 0.7250 area, beginning of previous uptrend line, and pulled back by the end…
Friday, 19 February 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 22 February – 26 February

Despite no major data releases in the course of the last week, euro pulled back initially in the week, but area below 1.11 handle continued to offer support during the week, as well with area near 1.12 handle offering resistance.…
Friday, 19 February 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 22 February – 26 February

Pound break below 1.43 handle in the course of the last week, despite rather good UK figures. This is of course a bearish sign, which indicates that pair is not ready for breaking higher at the moment. Focus of the…
Friday, 19 February 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 22 February – 26 February

Aussie went back and forth in the course of the last week with a support around 0.7080 level and resistance above 0.7180 handle. Pair mostly went back and forth without any clear trend. As for next week we can expect…
Friday, 12 February 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 15 February – 19 February

After it went through a steadier beginning of the week with a support around 1.09 handle, euro was pushed higher on speculations that Fed will not rise interests rates in the near future. Next week should be less volatile, at…
Friday, 12 February 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 15 February – 19 February

Pound break above 1.45 handle in the course of the last week, supported by dovish Janet Yellen's testimony which indicated that there will be no rate hike in the near future. Also, 1.44 was retested few times and now stands…
Friday, 12 February 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 15 February – 19 February

Aussie went back and forth in the course of the last week with a support around 0.6980 level and resistance above 0.7150 handle. Pair mostly went back and forth without any clear trend. As for next week we can expect…
Friday, 05 February 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 08 February – 12 February

It was a steadier beginning of the last week for euro, but pair was pushed higher after investors started to believe that Fed is not likely to rise interest rates again soon. Pair broke weel above recent consolidation range, and…
Friday, 05 February 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 08 February – 12 February

Sterling was pushed higher in the course of the last week, breaking even above 1.4650 handle, but around this area pair found some amount of resistance in order to pullback, especially after dovish BoE Meeting Minutes and finish the week…

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