Weekly Technical Analysis
- Saturday, 28 April 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 30 April - 4 May
Notes: The Australian Dollar crashed through long-term confluence support last week at 7635 and leaves the near-term risk lower in price while below this threshold. Subsequent support objectives are eye at the median-line / 50% retracement of the 2016 advance at 7480-7500. Broader bearish invalidation stands…
- Sunday, 22 April 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 23 April - 27 April
After moving sideways for three months, the EURUSD appears to have broken a significant level on Friday. Does Friday’s breakdown mean that “key driver” is a bearish one? It looks that way, but the question now is whether or not sellers can follow…
- Sunday, 22 April 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 23 April - 27 April
The GBPUSD has enjoyed an impressive rally since coming off of a multi-year low in October 2016. Despite taking out the former 2018 high at 1.4345 last Tuesday, albeit briefly, the pound looks exhausted at current levels. The bearish outside week is…
- Sunday, 22 April 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 23 April - 27 April
Aussie/USD had a good start to the week, temporarily breaching the 0.7810 level. It then crashed all the way below 0.77. Technical lines from top to bottom:
- Saturday, 14 April 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 16 April - 20 April
The EUR/USD pair rallied significantly during the week, breaking above the 1.2350 level before turning around to form some type of shooting star like candle. However, we have a hammer just before, and then also have an uptrend line that…
- Saturday, 14 April 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 16 April - 20 April
Notes: Simplicity is key! We’ve been tracking this ascending pitchfork formation extending off the 2016 / 2017 lows for over a year now in the British Pound. Our Bottom Line last month noted that, “a breach / close above the 2018 high-day close at 1.4134 would keep the long-bias in…
- Saturday, 14 April 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 16 April - 20 April
AUD/USD Technical Analysis Aussie/USD made a sharp move to the upside and challenged the 0.7780 level) before closing lower.
- Saturday, 07 April 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 9 April - 13 April
Euro has continued to consolidate above former slope resistance (blue) of the broader ascending pitchfork formation we’ve been tracking since 2016. Channel support extending off the April 2017 low also converges on this zone and further highlights the significance of this region this…
- Saturday, 07 April 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 9 April - 13 April
The British Pound has been trading within the confines of this ascending pitchfork formation extending off the 2016 / 2017 lows with prices turning just ahead of the upper median-line parallel early in the year. Price broke through the monthly opening-range last week…
- Saturday, 07 April 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 9 April - 13 April
It’s all about this key support barrier this week for Aussie and our outlook / levels remain unchanged- “The Australian Dollar has approached a long-term support confluence we’ve been tracking since the start of the year at 7612/37. This region represents a…- Popular
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