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Weekly Technical Analysis

Friday, 08 January 2016
Weekly Technical Analysis

EUR/USD Weekly Forecast – 11 January – 15 January

Euro was initially pushed lower in the course of the last week, though there were no major data releases, but managed to completely rebound by the week's end, despite much better than forecasted NFP figures. However, pair found some amount…
Friday, 08 January 2016
Weekly Technical Analysis

GBP/USD Weekly Forecast – 11 January – 15 January

Sterling was pushed lower in the course of the last week, testing 1.45 handle and even with a weekly closing around this area, which indicates serious bearish pressure in the pair. Ever since pair broke below 1.49 handle, pair is…
Friday, 08 January 2016
Weekly Technical Analysis

AUD/USD Weekly Forecast – 11 January – 15 January

Aussie was pushed lower in the of the last week, breaking below 0.70 handle. There were no major data releases from Australia, however, concerns surrounding crash of Asian markets as well as slower China's economic growth, have put bearish pressure…
Thursday, 31 December 2015
Weekly Technical Analysis

EUR/USD Weeky Forecast – 04 January – 08 January

Euro was traded in a tighter range in the course of the last week due to holiday season. However, after pair initially tested 1.10 handle as a resistance, it sharply pulled back and finished the week well below 1.09 handle.…
Thursday, 31 December 2015
Weekly Technical Analysis

GBP/USD Weeky Forecast – 04 January – 08 January

Despite lack of liquidity due to holiday season and no major data releases, Sterling was pushed lower in the course of the last week, breaking below 1.48 handle, which was important supportive point for such a long time. This is…
Thursday, 31 December 2015
Weekly Technical Analysis

AUD/USD Weeky Forecast – 04 January – 08 January

Aussie was pushed higher in the course of the last week, even testing 0.73 handle as a resistance, but on a New Year's Eve pair pulled back, mostly as a result of usual holiday movements. However, we can expect return…
Friday, 25 December 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 28 December – 01 January

It was a bit steadier last week as there were no major data releases, and the end of the week was marked by Christmas holidays. After it was initially pushed lower pair managed to rebound and break once again to…
Friday, 25 December 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 28 December – 01 January

Though there was lack of volatility during the last week, with holiday season beginning Sterling was initially pushed lower, all the way to 1.48 handle, where it found some amount of support and managed to rebound significantly by the week's…
Friday, 25 December 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 28 December – 01 January

Aussie was traded in a bit tighter range during the last week as there was a lack of liquidity due to holiday season beginning, but by the end of the week, pair managed to break higher and test 0.7280 level…
Friday, 18 December 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 21 December – 25 December

Euro was pushed lower in the course of the last week. The decline was mostly due to Fed's decision to rise interest rates. However, following Statement was quite dovish, so USD gains were limited. Pair found support around 1.08 handle,…

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