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Weekly Technical Analysis

AUD/USD Weekly Forecast – 13 July – 17 July

Aussie broke below 0.75 handle in the course of the last week as worries around Shanghai stock market and China's economic growth put it under pressure with China being Australian first trading partner. This is why next week China's GDP

EUR/USD Weekly Forecast – 06 July – 10 July

After initial gap all the way to 1.0950 area, euro managed to rebound in the course of the week mostly due to SNB intervention in the markets, but with uncertainties surrounding Greek referendum results outlook in the pair remained bearish,…

GBP/USD Weekly Forecast – 06 July – 10 July

Sterling did not manage to break above 1.58 handle, despite initial tries and rather good PMI data, and spent most of the week in a downtrend with a weekly closing below 1.56 handle. Next week focus will be on Industrial…

AUD/USD Weekly Forecast – 06 July – 10 July

After it spent most of the week being traded in a tighter range within its consolidation range, Aussie was pushed sharply down on Friday all the way to 0.75 handle which is significant supportive area on a long-term charts. This…

EUR/USD Weekly Forecast - 29 June - 03 July

After initial uptrend, euro found resistance above 1.1350 area, and pulled back all the way to below 1.12 handle, as Greek concerns persist, with no deal insight and further negotiations scheduled for Saturday. As for next week we would pay…

GBP/USD Weekly Forecast - 29 June - 03 July

After it did not manage to break above 1.59 handle, Sterling pulled back in the course of the last week, as it was a bit overbought at the moment and quite near to quite resistive area at 1.60 handle, but…

AUD/USD Weekly Forecast - 29 June - 03 July

Aussie remained within consolidation range during the last week, being traded in a tight range within 150 points with a support around 0.7650 area and resistance above 0.7750 level. There were no major data releases so pair was mostly influenced…

EUR/USD Weekly Forecast - 22 June - 26 June

After initial decline euro managed to rebound in the course of the last week, mostly due to more dovish than expected dovish FOMC statement and as there were no important events from Eurozone. However, gains were a bit offset by…

GBP/USD Weekly Forecast - 22 June - 26 June

Sterling broke higher in the course of the last week, going above our long-term target at 1.58 handle and continuing its uptrend all the way to above 1.59 handle which proved to be resistive at the moment.With no major data…

AUD/USD Weekly Forecast - 22 June - 26 June

Aussie was pushed higher in the course of the last week, due to dovish FOMC Statement, and went all the way to 0.7850 area, further supported by the rebound on the gold markets. We cannot expect much volatility next week,…

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