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Weekly Technical Analysis

Friday, 22 May 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 25 May - 29 May

After it rebounded initially in the week supported by hawkish BoE Meeting Minutes and rather weak US data, going all the way to near 1.57 handle, Sterling was pushed down on Friday, even below 1.55 handle on better than forecasted…
Friday, 22 May 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 25 May - 29 May

Aussie was traded in a tighter range for most of the last week, between 0.7860 and 0.7960 level as top and bottom, but in the end break below major supportive point at 0.7850 level, due to better than forecasted US…
Friday, 15 May 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 18 May - 22 May

Euro was pushed higher in the course of the last week breaking above 1.14 handle. Pair was mostly supported by rather good GDP reading as well as weak US readings. As for the next week we can expect some volatility…
Friday, 15 May 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 18 May - 22 May

Sterling was mostly influenced by UK general election results in the past week which pushed it all the way to 1.58 handle, next massive resistive barrier from which pair in the end pulled back slightly. Weak US figures supported uptrend.…
Friday, 15 May 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 18 May - 22 May

Aussie broke above 0.80 handle in the course of the last week, and even went above 0.81 handle, though it pulled back by the week end. This indicates that pair is ready to go higher, but baring in mind RBA's…
Friday, 08 May 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 11 May - 15 May

Euro went back and forth in the course of the session, even breaking above 1.13 handle, but area near 1.14 handle proved to be too resistive at the moment, with euro pulling back to 1.12 handle. As for next week…
Friday, 08 May 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 11 May - 15 May

Sterling was pushed higher in the course of the last week, even testing 1.55 handle as a resistance, after UK elections results showed that David Cameron's Conservatives won beating heavily polls that were indicating tight run. Next week will be…
Friday, 08 May 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 11 May - 15 May

Aussie was mostly traded between 0.78 handle and 0.80 area during the last week as pair continues to consolidate in this general area, with area above 0.80 handle being to resistive, while 0.78 handle has offered significant amount of support…
Friday, 01 May 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 04 May - 08 May

Though there were no major data releases from Eurozone last week and despite Greek concerns persisting , euro broke decisively above 1.10 handle in the course of the week and finished it near 1.12 handle which indicates that long-term downtrend…
Friday, 01 May 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 04 May - 08 May

Sterling tested 1.55 handle in the course of the last week, but this area proved to be to resistive at the moment, with Sterling pulling back to 1.51 handle. Break was mostly supported by weaker than expected US figures. Next…

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