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Weekly Technical Analysis

Friday, 23 January 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 26 January - 30 January

Euro sharply fell in the course of the last week mostly due to ECB announcement on asset purchase program, after which pair went all the way down to 1.12 handle. Next week will be less eventful with Eurozone data but…
Friday, 23 January 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 26 January - 30 January

Despite rather good job figures, Sterling fell in the course of the last week due to dovish BoE Meeting Minutes but also ECB decision on asset purchase that also had negative impact on Sterling, falling below 1.50 level, though it…
Friday, 23 January 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 26 January - 30 January

After 0.80 handle was supportive for so long, Aussie broke below it last week, indicating that pair is ready to continue its downtrend. We have still not cleared 0.80 handle completely since there is some amount around 0.79 area, but…
Friday, 16 January 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 19 January - 23 January

Euro sharply fell in the course of the last week, mostly due to SNB decision to discontinue minimum exchange rate per euro. This pushed euro all the way to 1.15 handle, and in this moment we do not expect any…
Friday, 16 January 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 19 January - 23 January

Sterling managed to rebound in the course of the last week but area above 1.5250 level is still offering plenty of resistance at the moment, with pair pulling back several times last week from area above it. This could be…
Friday, 16 January 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 19 January - 23 January

Aussie went back and forth during the last week, but managed to break higher on better than forecasted Australian job figures, however, area above 0.8250 level still proved to be major resistance for this pair. With no major data release…
Friday, 09 January 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 12 January - 16 January

Euro continued its downtrend in the course of the last week finishing it around 1.1830 level. It was a week of mixed Eurozone data, and strong US readings, but with Eurozone CPI falling to deflation area there was not much…
Friday, 09 January 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 12 January - 16 January

Sterling sharply fell during the last week on weaker than expected PMI figures, and with no major support all the way to 1.50 handle after it break decisively below 1.55 handle. It in the end finished the week few points…
Friday, 09 January 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 12 January - 16 January

Aussie tested 0.80 handle during the last week but found it to be supportive enough at the moment in order to rebound and finish the week slightly below 0.82 handle. As for next week we would pay attention to Australian…
Friday, 02 January 2015
Weekly Technical Analysis

EUR/USD Weekly Forecast - 05 January - 09 January

It was a steadier beginning of the last week, with holiday season on and less liquidity at the markets, however, by the end of it euro broke much lower, hittning our long-term target and going even below it with a…

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