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Weekly Technical Analysis

Friday, 18 December 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 21 December – 25 December

After mixed UK data, and Fed's interest rate decision Sterling was pushed lower during the last week, even breaking below 1.49 handle and testing 1.4860 level as a support. By he end of the week pair managed to rebound slightly,…
Friday, 18 December 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 21 December – 25 December

Aussie broke further lower during the last week. Though there were no major data releases from Australia decline in iron ore prices and soft gold markets which fell mostly due to Fed's rate hike, pushed Aussie lower during the week…
Friday, 11 December 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 14 December – 18 December

After it initially fell in the week, testing 1.08 handle as a support, euro managed to rebound by the end of the week, in order to finish it around 1.10 handle. However, this area, especially 1.1030 level is still quite…
Friday, 11 December 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 14 December – 18 December

Despite dovish BoE comments regarding future rate hike, Sterling after initial decline, managed to rebound in the course of the last week, finding area around 1.4950 level to be supportive enough and by the end of the week pair managed…
Friday, 11 December 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 14 December – 18 December

Aussie was traded in a tighter range in the course of the last week, with support at 0.7180 level and resistance above 0.7330 area. This indicates that there is no clear trend for this pair at the moment, especially since…
Friday, 04 December 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 07 December – 11 December

Euro was pushed higher in the course of the last week, after ECB failed to meet market expectations considering extension of further monetary stimulus. Pair was initially pushed lower during the week but 1.05 handle managed to hold all pressures…
Friday, 04 December 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 07 December – 11 December

After it was initially pushed lower and went all the way to 1.49 handle, Sterling managed to completely recover by the end of the week mostly supported by recent ECB stanzas. After the news on Thursday pair easily broke above…
Friday, 04 December 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 07 December – 11 December

Aussie was pushed higher in the course of the last week, breaking above 0.73 handle. Pair was supported by more hawkish RBA Statement as well as better than expected GDP and Retail Sales readings. Pair is now heading towards 0.74…
Friday, 27 November 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 30 November - 04 December

It was a steadier week for euro, as there were no major data release so pair was traded between 1.0670 level as high and 1.0570 level as week's lows. By the end of the week there was also lack of…
Friday, 27 November 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 30 November - 04 December

Sterling was pushed lower in the course of the last week. Area above 1.52 handle proved to be too resistive at the moment, and pair slowly pulled back during the week, though there were no major data releases. However, next…

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