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Weekly Technical Analysis

Friday, 13 March 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 16 March - 20 March

After it managed to stay above 1.50 handle for so long, during the past week Sterling completely broke down and finished the week well below 1.48 handle, which was last major supportive area until 1.45 handle. As for next week…
Friday, 13 March 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 16 March - 20 March

Aussie initially broke all the way to 0.75 handle in the course of the last week, but since this was a major supportive area it managed to rebound slightly to a weekly closing around 0.76 handle. Next week, there will…
Friday, 06 March 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 09 March - 13 March

Euro was pushed sharply down during the last week mostly due to yet another round of dovish stanzas coming from ECB but even more due to general weakness of the pair and continuous growth in strength of USD. Next week…
Friday, 06 March 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 09 March - 13 March

After it unsuccessfully tried to break above 1.5450 level, initially in the week, Sterling was pulled back by the end of all the way to below 1.51 handle. We can expect that this market will continue to be choppy with…
Friday, 06 March 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 09 March - 13 March

Aussie went back and forth during the last week, supported by RBA interest rate decision, but pulled back on much better NFP figures. However, it remained above 0.77 handle indicating that consolidation is still quite present in this pair. Focus…
Friday, 27 February 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 02 March - 06 March

Euro finally broke lower in the course of the last week, breaking even below 1.12 handle. Though there were no major data releases from Eurozone, euro was pulled back by better than forecasted US readings. As for next week we…
Friday, 27 February 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 02 March - 06 March

Sterling managed to break even above 1.55 handle in the course of the last week, but find area above 1.5550 to be to resistive at the moment and with strong US readings pair pulled back to 1.54 handle. However, we…
Friday, 27 February 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 02 March - 06 March

Aussie even tested 0.79 handle in the course of the last week, but by the end of it pulled back to 0.78 handle, which is now proving to be a major turning point. Next week should be quite volatile, with…
Friday, 20 February 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 23 February - 27 February

After it initially jumped all the way to 1.1450 handle, in a less eventful week with data releases euro was pushed down on concerns on possible Greek exit from Eurozone since there is still no conscnsus on Greek request for…
Friday, 20 February 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 23 February - 27 February

Sterling was pushed higher in the course of the last week supported by better than forecasted job figures and hawkish BoE Meeting Minutes but was unable to break above 1.55 handle. As for next week we would be more focused…

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