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Weekly Technical Analysis

Friday, 27 November 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 30 November - 04 December

After pair was initially pushed higher, and test 0.7280 level as a resistance pair pulled back and even broke below 0.72 handle. 0.7180 area at the moment now offers some amount of support, but with bearish pressure being quite strong…
Friday, 20 November 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 23 November – 27 November

Euro found support around 1.0620 level during the last week, and was pushed higher after a bit dovish FOMC Meeting Minutes, but pair did not manage to remain above 1.07 handle and pulled back by the end of the week.…
Friday, 20 November 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 23 November – 27 November

Despite rather weak UK CPI and Retail Sales , Sterling was pushed higher in the course of the last week, mostly due to dovish FOMC Meeting Minutes. Pair broke above 1.53 handle, but it found significant amount of resistance around…
Friday, 20 November 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 23 November – 27 November

Aussie was pushed higher in the course of last week, breaking above 0.72 handle, which is of course a positive sign, since almost all commodity prices fell this week. As for next week attention will be on US data. Any…
Friday, 13 November 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 16 November – 20 November

Euro went back and forth in the course of the last week, essentially doing nothing. There were no major data releases so pair was traded in a bit tighter range. Pair was initially pushed lower but found area around 1.0670…
Friday, 13 November 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 16 November – 20 November

Sterling managed to rebound during the last week, breaking above 1.52 handle, supported by rather good UK job figures, but 1.5250 level still offers plenty of resistance at the moment. However, since pair bounced from 1.5050 area it seems that…
Friday, 13 November 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 16 November – 20 November

Aussie broke higher in the course of the last week, above 0.71 handle, supported by better than forecasted Australian job figures but also bouncing out form 0.70 handle which is offering significant amount of support at the moment. However, we…
Friday, 06 November 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 9 November – 13 November

After initial steadier beginning of the week, euro first break below 1.10 handle and then continued its decline below 1.09 handle, and after much better than forecasted NFP figures reached all the way to 1.07 handle where it found some…
Friday, 06 November 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 9 November – 13 November

Sterling was pushed significantly lower in the course of the last week. The main reason behind this decline are dovish BoE stanzas, but most importantly much better than forecasted NFP figures, after which Sterling was pushed all the way to…
Friday, 06 November 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 9 November – 13 November

After it was initially pushed higher in the course of the last week, Aussie find area around 0.72 handle to be too resistive at the moment, and after NFP data pair pulled back all the way to 0.70 handle, which…

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