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Weekly Technical Analysis

AUD/USD Weekly Forecast - 04 May - 08 May

Aussie tried to break above 0.80 handle in the course of the last week, though there were no major data releases from Australia, however, just as we have suspected this level proved to be too resistive for this pair at…

EUR/USD Weekly Forecast - 27 April - 01 May

Euro was pushed higher during the last week, though there were no major data releases from Eurozone and the single currency depended on news concerning Greek debt crisis. Next week will be less eventful with Eurozone data but the focus…

GBP/USD Weekly Forecast - 27 April - 01 May

Sterling broke higher in the course of the last week supported by hawkish BoE Meeting Minutes. Pair broke decisively above 1.51 handle which indicates that pair is ready to break higher in the near future. We can expect a very…

AUD/USD Weekly Forecast - 27 April - 01 May

Aussie was traded in a tighter range last week, mostly being traded between 0.77 handle and 0.78 handle. Pair tried to break decisively 0.78 handle few times but this area seems to offer plenty of resistance at the moment. As…

EUR/USD Weekly Forecast - 20 April - 24 April

After initial decline euro managed to rebound in the course of the last week, mostly due to weaker than expected US data as there were no important events from Eurozone. With no major data releases next week as well we…

GBP/USD Weekly Forecast - 20 April - 24 April

Sterling found area below 1.47 handle to be supportive enough at the moment, in order to rebound in the course of the last week testing once again 1.50 handle as a resistance. This area, though it has been broke, should…

AUD/USD Weekly Forecast - 20 April - 24 April

Aussie initially broke all the way to 0.7550 handle in the course of the last week, but since this was a major supportive area it managed to rebound supported by good Australian job figures as well as weak US readings.…

EUR/USD Weekly Forecast - 13 April - 17 April

After it initially tried to head higher and test 1.10 handle, euro broke completely down in the course of the last week going all the way to 1.06 handle. Next week focus will be on ECB Meeting. We believe that…

GBP/USD Weekly Forecast - 13 April - 17 April

Sterling was pushed significantly lower in the course of the last week , after it did not manage to break above 1.50 handle and went all the way to 1.46 area. As for next week we can expect plenty of…

AUD/USD Weekly Forecast - 13 April - 17 April

After it was initially pushed lower, Aussie managed to rebound by the end of the week, testing 0.77 handle as a resistance but this area once again proved to be too resistive for this pair at the moment. Next week…

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