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Weekly Technical Analysis

AUD/USD Weekly Forecast - 23 February - 27 February

Aussie went back and forth during the last week, but managed to break higher, by the end of it, with a weekly closing above 0.78 handle, which is still quite resistive for this pair. With no major data releases from…

EUR/USD Weekly Forecast - 16 February - 20 February

After it went through a steadier beginning of the week with a support around 1.13 handle, euro was pushed higher on weaker than expected US data and finished the week near 1.14 handle. Next week should be less volatile, at…

GBP/USD Weekly Forecast - 16 February - 20 February

Pound break above 1.54 handle in the course of the last week, supported by more hawkish than expected BoE Inflation Report as well as downbeat in US data. Also, 1.52 handle was retested few times and now stands as a…

AUD/USD Weekly Forecast - 16 February - 20 February

Despite weaker than expected job figures, Aussie managed to rebound last week, after falling all the way to 0.76 handle, and finish the week well above 0.77 handle. However, 0.78 handle still remains resistive for this pair, indicating there is…

EUR/USD Weekly Forecast - 09 February - 13 February

Euro went all the way to above 1.15 handle, in the course of the last week, more due to dollar squeeze in the middle of the week, than due to positive Eurozone data, but by the end of the week…

GBP/USD Weekly Forecast - 09 February - 13 February

After it once again tested 1.50 handle, in the course of the last week, better than forecasted UK figures pushed Sterling higher, all the way to above 1.53 handle which was resistive for some time now, but pair pulled back…

AUD/USD Weekly Forecast - 09 February - 13 February

Aussie was initially pushed lower during the last week, after surprising RBA rate cut, and went all the way to 0.76 handle, but managed to rebound and finish the week around 0.78 handle. As for next week we would pay…

EUR/USD Weekly Forecast - 02 February - 06 February

After it went through sharp decline euro managed to rebound during the last week, with a closing slightly below 1.13 handle. With no major data releases from Eurozone next week focus will be in NFP figures. Pair is likely to…

GBP/USD Weekly Forecast - 02 February - 06 February

Sterling went back and forth during the last week with a weekly closing few pints above 1.50 handle. Pair still remains in consolidation, unable to break decisively above 1.52 handle, but with a support that extends all the way to…

AUD/USD Weekly Forecast - 02 February - 06 February

Aussie continued its downtrend during the last week falling all the way to below 0.78 handle, with no support coming despite rise in gold prices. This indicates that we could be seeing further downtrend in this pair. Next week should…

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