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Weekly Technical Analysis

Friday, 12 June 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 15 June - 19 June

Euro break initially during the last week and went all the way to 1.14 handle, but with concerns surrounding Greek debt negotiations and with this area being quite resistive pair pulled back to 1.12 handle, though it by the end…
Friday, 12 June 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 15 June - 19 June

Sterling broke above 1.55 handle in the course of the last week, supported by better than expected Trade Balance and Industrial Production data, and with a weekly closing well above this level we believe that pair will continue its uptrend…
Friday, 12 June 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 15 June - 19 June

Aussie was traded between 0.76 handle and 0.78 area as tops and bottoms during the last week, on one hand supported by better than forecasted Australian job figures, but on the other hand offset by possibility of further RBA rate…
Friday, 05 June 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 08 June - 12 June

Euro initially went higher during the last week, going as high as 1.14 handle, supported by a bit more hawkish ECB stanzas as well as CPI growth, but by the end of the week erased some of the gains due…
Friday, 05 June 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 08 June - 12 June

Sterling managed to rebound in the course of the last week, despite rather mixed UK data, which indicates that pair is ready to break higher in the near future. Pair went above 1.54 handle, but did not manage to hold…
Friday, 05 June 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 08 June - 12 June

Aussie went back and forth during the last week. It was initially pushed higher after hawkish RBA statement and GDP growth, testing 0.78 handle as a resistance. This area in fact offered resistance and pair pulled back after weaker than…
Saturday, 30 May 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 01 June - 05 June

After it was in initially pushed lower in the course of the last week euro managed to find area below 1.0850 handle to be supportive at the moment and managed to rebound by the end of the week, which was…
Saturday, 30 May 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 01 June - 05 June

Sterling spent most of the last week in a downtrend testing 1.52 handle as a support, and in fact found it, but it seems that pair will continue to struggle around this general area. Since there were no major data…
Saturday, 30 May 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 01 June - 05 June

Aussie was pushed lower during the last week, breaking below 0.78 handle and going all the way to 0.76 handle where it found some amount of support at the moment. There were no major data releases both from Australia and…
Friday, 22 May 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 25 May - 29 May

Euro fell in the course of the last week, finding area around 1.10 handle to be supportive enough. Though it seemed that it is ready to break higher after it tested 1.1060 area as a support and bounced all the…

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