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Weekly Technical Analysis

Friday, 03 April 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 06 April - 10 April

After it was in initially pushed lower in the course of the last week euro managed to find area below 1.0750 level to be supportive at the moment and after poor US job reading managed to rebound in order to…
Friday, 03 April 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 06 April - 10 April

Sterling tested 1.47 handle as a support last week and in fact it managed to hold pressure with pair climbing back to area around 1.49 handle. However, with parliamentary elections coming we can expect that pair will be under additional…
Friday, 03 April 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 06 April - 10 April

Aussie was pushed lower during the last week, though it was traded in a bit tighter range between 0.7550 and 0.7650 as market seems a bit indecisive whether it should break further lower. We can expect quite volatile next week,…
Friday, 27 March 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 30 March - 03 April

Euro extended its gains during the last week, testing 1.10 handle few times. However, this area proved to be too resistive for this pair at the moments, so in the end pair finished the week around 1.09 handle. As for…
Friday, 27 March 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 30 March - 03 April

Sterling went back and forth during the last week, testing 1.50 handle as a resistance supported by better than forecasted CPI and Retail Sales figures, after which it pulled back to 1.48 area that is offering plenty of support at…
Friday, 27 March 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 30 March - 03 April

Since there were no major data releases from Australia for the whole week, Aussie mostly depended on US data. It tried to break higher but struggled with 0.79 handle in order to pull back and finish the week below 0.78…
Friday, 20 March 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 23 March - 27 March

It was quite a volatile week for euro. After it found support around 1.05 handle it was pushed sharply higher by dovish FOMC statement and even touched 1.10 handle, but gave up all of the gains in the next two…
Friday, 20 March 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 23 March - 27 March

Sterling was initially pushed lower, all the way to 1.46 handle in the course of the last week, but managed to rebound slightly on dovish FOMC statement, and finished the week above 1.49 area. We can expect quite volatile next…
Friday, 20 March 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 23 March - 27 March

Aussie went back and forth during the last week, but once again showed that area above 0.78 handle is offering plenty of resistance at the moment. Pair tried to break decisively above it supported by dovish FOMC statement but was…
Friday, 13 March 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 16 March - 20 March

Euro fell sharply down during the last week stopping itself just at 1.05 handle. However, we believe that this is only a minor support area for euro and that we could see a further downtrend in the week to come.…

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