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Weekly Technical Analysis

Friday, 02 January 2015
Weekly Technical Analysis

GBP/USD Weekly Forecast - 05 January - 09 January

After 1.55 handle offered support for so long, Sterling finally broke below it on Friday, after weaker than expected Manufacturing PMI figures but also due to bearishness that was obvious in the pair for the past two week and finished…
Friday, 02 January 2015
Weekly Technical Analysis

AUD/USD Weekly Forecast - 05 January - 09 January

Aussie went back and forth in a week that was uneventful with Australian data releases and in which oil and iron ore prices played a major role. However, pair in the end broke to the downside finishing the week few…
Friday, 26 December 2014
Weekly Technical Analysis

EUR/USD Weekly Forecast - 29 December - 02 January

Euro continued its downtrend last week though in somewhat tighter-range with a support around 1.2150 level and resistance above 1.2250 area, since there were no major data releases from Eurozone and with euro coming under pressure after much better than…
Friday, 26 December 2014
Weekly Technical Analysis

GBP/USD Weekly Forecast - 29 December - 02 January

Sterling even broke below 1.55 handle at one moment in the course of the last week but managed to rebound and finish it around 1.5550 area. Sterling came under pressure after much better than forecasted US GDP data. Main market…
Friday, 26 December 2014
Weekly Technical Analysis

AUD/USD Weekly Forecast - 29 December - 02 January

Aussie pulled back in the course of the last week with a weekly closing around 0.8130 level. There were no major data releases from Australia whole week and trading was in a bit tighter range due to holiday season. As…
Friday, 19 December 2014
Weekly Technical Analysis

EUR/USD Weekly Forecast - 22 December - 26 December

Euro fell sharply during the last week mostly due to more hawkish than expected Janet Yellen's comments at the FOMC Press Conference, finishing the week few points above 1.2230 level. 1.2350 area, that offered some amount of support lately, was…
Friday, 19 December 2014
Weekly Technical Analysis

GBP/USD Weekly Forecast - 22 December - 26 December

Sterling went back and forth during the last week, with a weekly closing few points above 1.56 handle. Downward impact came from UK inflation data and FOMC Press Conference but 1.5550 area proved to be major support for Sterling, once…
Friday, 19 December 2014
Weekly Technical Analysis

AUD/USD Weekly Forecast - 22 December - 26 December

Aussie broke further lower during the last week. Though there were no major data releases from Australia decline in iron ore prices and soft gold markets along with hawkish Janet Yellen remarks had negative impact on Aussie which finished the…
Friday, 12 December 2014
Weekly Technical Analysis

EUR/USD Weekly Forecast - 15 December - 19 December

After sharp decline last week, euro managed to rebound this week finishing it above 1.2460 level. It was a less eventful week with US data being the main market driver. Next week we can expect much more volatility with the…
Friday, 12 December 2014
Weekly Technical Analysis

GBP/USD Weekly Forecast - 15 December - 19 December

Sterling spent a

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