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Weekly Technical Analysis

AUD/USD Weekly Forecast – 08 February – 12 February

Aussie managed to rebound in the course of the last week, breaking even above 0.72 handle at one moment, but area around 0.7250 level proved to be too resistive for Aussie, with pair pulling back significantly after NFP figures all…

EUR/USD Weekly Forecast – 01 February – 05 February

It was a steadier beginning of the last week for euro, but pair was pushed higher after FOMC statement and even tested 1.0960 area as a resistance, but pulled back by the end of the week, all the way to…

GBP/USD Weekly Forecast – 01 February – 05 February

Sterling tried to rally in the course of the last week, supported by good UK job figures and dovish FOMC statement but found area around 1.44 handle to be too resistive at the moment in order to pull back to…

AUD/USD Weekly Forecast – 01 February – 05 February

Aussie managed to rebound in the course of the last week, breaking even above 0.71 handle at one moment, but area around 0.7130 level proved to be too resistive for Aussie, with pair pulling back slightly, but with firm resistance…

EUR/USD Weekly Forecast – 25 January – 29 January

Euro had a steadier initial part of the last week, but was then pushed lower after dovish ECB comments, indicating possible further stimulus at March meeting. However, pair found support slightly below 1.08 handle, around which it finished the week.…

GBP/USD Weekly Forecast – 25 January – 29 January

After it initially fell during the last week, mostly due to dovish Governor Carney's comments regarding rate hike, Sterling found area slightly below 1.41 handle to be supportive enough in order to rebound by the end of the week, even…

AUD/USD Weekly Forecast – 25 January – 29 January

Aussie was initially pushed lower in the course of the last week, due to concerns surrounding China's economy, but by the end of the week, pair managed to rebound supported by gains in commodity prices and break above 0.70 handle…

EUR/USD Weekly Forecast – 18 January – 22 January

Euro was initially pushed lower in the course of the last week, but found area around 1.08 handle to be supportive enough in order to rebound and even come near 1.10 handle by the week's end. However, this area offers…

GBP/USD Weekly Forecast – 18 January – 22 January

Sterling was pushed significantly lower in the course of the last week, all the way to below 1.43 handle, which is of course sign of a serious downtrend in the pair. Decline was mostly caused due to dovish stanzas coming…

AUD/USD Weekly Forecast – 18 January – 22 January

After it initially went back and forth in the course of the last week, Aussie did not manage to rebound even after better than forecasted Australian job figures and by the week's end pulled back all the way to below…

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