Weekly Technical Analysis
- Friday, 31 July 2015
- Weekly Technical Analysis
GBP/USD Weekly Forecast – 03 August – 07 August
Sterling went as high as 1.57 handle in the course of the last week, but found this area to be too resistive at the moment, with pair pulling back even below 1.56 handle. However, 1.55 handle is massively supportive for…- Friday, 31 July 2015
- Weekly Technical Analysis
AUD/USD Weekly Forecast – 03 August – 07 August
Aussie was traded in a bit tighter range in the course of the last week, since there were no major data releases from Australia, and with pair going through bit of consolidation after recent huge decline. The pair found support…- Friday, 24 July 2015
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 27 July – 31 July
Euro managed to break higher in the course of the last week, as Greek concerns slightly fade off but also with 1.08 handle offering plenty of support for the pair at the moment. Next week would be marked mostly by…- Friday, 24 July 2015
- Weekly Technical Analysis
GBP/USD Weekly Forecast – 27 July – 31 July
After it initially tried to break higher, Sterling pulled back by the end of the week on weaker than expected Retail Sales figures but also with area near 1.57 handle being too resistive at the moment. However there is still…- Friday, 24 July 2015
- Weekly Technical Analysis
AUD/USD Weekly Forecast – 27 July – 31 July
After it spent most of the week in consolidation between 0.7350 and 0.7450 area, Aussie was pushed down below 0.73 handle due to weaker than expected China's Manufacturing PMI figures and fall in commodity prices. As or next week focus…- Friday, 17 July 2015
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 20 July – 24 July
Euro spent most of the last week in decline , despite deal between Greek and its creditors going all the way to below 1.09 handle at a weekly closing which indicates that we could be seeing further downtrend next week.…- Friday, 17 July 2015
- Weekly Technical Analysis
GBP/USD Weekly Forecast – 20 July – 24 July
Sterling was boosted in the course of the last week. CPI and job figures came out weaker than expected but hawkish Governor Carney's comments on sooner than expected rate hike served as a support for Sterling which broke above 1.56…- Friday, 17 July 2015
- Weekly Technical Analysis
AUD/USD Weekly Forecast – 20 July – 24 July
Aussie broke below 0.75 handle in the course of the last week and even close it below 0.74 handle which is a sign of a general bearishness in the pair. Decline is mostly result of RBA wish for lower exchange…- Friday, 10 July 2015
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 13 July – 17 July
After it initially fell due to concerns caused by Greek ''No“ vote on the referendum, by the end of the week euro managed to rebound as Greek government submitted new reform proposal. However, the deal has not been made yet,…- Friday, 10 July 2015
- Weekly Technical Analysis
GBP/USD Weekly Forecast – 13 July – 17 July
After it went all the way to below 1.54 handle, Sterling find area around 1.5350 level to offer plenty of support at the moment and by the end of the week tested 1.55 handle as a resistance. Initial decline was…- Popular
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