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Weekly Technical Analysis

Friday, 09 October 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 12 October – 16 October

Sterling spent most of the last week in an uptrend, after it found significant amount of support around 1.51 handle. Despite dovish BoE Meeting Minutes pair managed to break above 1.53 handle, though it seems that area near 1.54 handle…
Friday, 09 October 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 12 October – 16 October

Aussie manage to break higher in the course of the last week. Supportive for the pair were more hawkish RBA Meeting Minutes, but also dovish FOMC Meeting Minutes as well as weaker than expected US figures. Pair managed to break…
Friday, 02 October 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 5 October – 9 October

Euro went back and forth in the course the last week initially pushed higher but after it was unable to break higher it pulled back, only to find support around 1.11 handle and then once again rally after weaker than…
Friday, 02 October 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 5 October – 9 October

Sterling continued its downtrend during the last week, breaking below 1.52 handle which was major support for long time, which indicates serious downtrend. Pair even tested 1.52 handle few time, but did not manage to find enough strength for a…
Friday, 02 October 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 5 October – 9 October

Aussie was traded in a tighter range in the course of the last week, with a resistance above 0.7080 area and support around 0.6950 handle, despite mixed Australia figures and weaker than expected US NFP report. It seems that pair…
Friday, 25 September 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 28 September – 2 October

In a less eventful week euro was pushed lower unable to break above 1.13 handle and went all the way to 1.11 handle. This area offered some amount of support with euro rebounding by the end of the week to…
Friday, 25 September 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 28 September – 2 October

Sterling was pushed lower in the course of the last week, going even below 1.52 handle which indicates general weakness in the pair. As for next week we would pay attention to UK PMI data and US NFP figures. We…
Friday, 25 September 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 28 September – 2 October

Aussie did not manage to hold onto gains and even fell below 0.70 handle in the course of the last week, with bearish pressure mostly coming from weaker than expected China's Manufacturing PMI data as well as hawkish Janet Yellen's…
Friday, 18 September 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 21 September – 25 September

Euro was pushed higher in the course of the last week mostly due to dovish Fed interest rate statement. Pair even broke above 1.14 handle, but this area offered some amount of resistance. However, with no major data releases next…
Friday, 18 September 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 21 September – 25 September

After it was initially pushed lower, Sterling managed to find plenty of support around 1.53 handle and rebound going all the way to above 1.56 handle after dovish Fed statement. This is area that has plenty of resistive points, as…

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