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Weekly Technical Analysis

Friday, 18 September 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 21 September – 25 September

Aussie managed to rebound in the course of the last week, breaking above 0.72 handle, as pair was supported mostly by incline in commodity prices as well as dovish Fed statement concerning interest rates. However, this pair could be only…
Friday, 11 September 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 14 September – 18 September

Though it was less eventful week, EUR/USD pair was quite volatile. It found area around 1.11 handle to be quite supportive and by the end of the week managed to break 1.13 handle that offered some amount of resistance initially.…
Friday, 11 September 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 14 September – 18 September

Sterling broke higher in the course of the last week supported by more hawkish than expected BoE Meeting Minutes, but also pair found area around 1.52 handle to offer plenty of support at the moment and easily bounced out from…
Friday, 11 September 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 14 September – 18 September

Aussie managed to rebound in the course of the last week, as there were no major data releases and with traders being cautious ahead of next week's Fed interest rate decision. Pair broke above 0.70 handle, and tried to break…
Friday, 04 September 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 07 September – 11 September

Euro continued its decline in the course of the last week. 1.12 handle was supportive for most of the week, but after dovish ECB stanzas and unexpected decline in US unemployment rate pair was pushed all the way to 1.11…
Friday, 04 September 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 07 September – 11 September

Sterling sharply fell in the course of the last week, pulled back by weaker than expected UK PMI data as well as quite good US readings, going all the way to below 1.52 handle. As for next week we would…
Friday, 04 September 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 07 September – 11 September

After dovish RBA statement and disappointing Australian GDP reading Aussie was pushed all the way to below 0.70 handle and finished the week around 0.69 area, which indicates serious downtrend in the pair. As for next week we can expect…
Friday, 28 August 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast – 31 August – 04 September

It was quite volatile week for euro though there were no major data releases. Pair was initially pushed all the way to 1.17 handle due to fall on Asian stock markets and speculations on Fed's rate hike delay. However, by…
Friday, 28 August 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast – 31 August – 04 September

Sterling initially tested 1.58 handle as a resistance in the course of the last week, but after few unsuccessful attempts pulled back all the way to below uptrend line and 1.54 handle. Next week, attention will be on UK PMI…
Friday, 28 August 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast – 31 August – 04 September

Aussie sharply fell last week due to fall of Asian stocks and concerns surrounding future China's economic growth, crashing all the way to 0.7050 area, which proved to be supportive enough at the moment with Aussie slightly rebounding and breaking…

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