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Weekly Technical Analysis

EUR/USD Weekly Forecast - 12 March - 16 March

Euro was initially pushed higher in the course of the last week going all the way to 1.2450 area, but found plenty of resistance there and after ECB press conference pair pulled back breaking below 1.23 handle at one moment,…

GBP/USD Weekly Forecast - 12 March - 16 March

Sterling went back and forth in the course of the last week, with support around 1.3760 level and resistance around 1.39 handle. In the end pair finished the week around 1.3850 handle, despite weaker than expected UK Industrial Production. Next…

AUD/USD Weekly Forecast - 12 March - 16 March

Aussie formed support around 0.7720 level in the course of the last week and was then pushed higher going all the way to 0.7850 handle around which pair finished the week. Incline was mostly supported by rather good Australian Building…

EUR/USD Weekly Forecast - 5 March - 9 March

Euro was initially pushed lower in the course of the last week going all the way to 1.2150 area, but found plenty of support there and manged to rebound completely in the second part of the week going all the…

GB/USD Weekly Forecast - 5 March - 9 March

Sterling found plenty of resistance above 1.40 handle in the course of the last week and was pushed lower going all the way to 1.37 area, where it found some amount of support and managed to rebound in order to…

AUD/USD Weekly Forecast - 5 March - 9 March

Aussie was pushed lower initially last week but found some amount of support around 0.77 handle and slightly rebounded but only to finish the week above 0.7760 level. This is just a sign that there is a lot of bearish…

EUR/USD Weekly Forecast - 19 February - 23 February

Euro spent last week in an uptrend going all the way to 1.2550 handle, where it found some amount of resistance and pulled back in order to finish the session around 1.24 handle. Pair was mostly supported by overall weakening…

GBP/USD Weekly Forecast - 19 February - 23 February

Sterling formed support around 1.38 handle in the course of the last week and was then pushed higher going all the way to 1.4150 area, though there were no major data releases from the UK, so pair was mostly supported…

AUD/USD Weekly Forecast - 19 February - 23 February

Aussie was pushed higher in the course of the last week, going all the way near 0.80 handle, being supported by rather good Australian job figures as well as mixed US reports. However, pair found plenty of resistance near 0.80…

EUR/USD Weekly Forecast - 12 February - 16 February

Euro spent last week in a decline going all the way to 1.22 handle where it found some amount of support, but managed to rebound only slightly by the end of the week to 1.2250 area. Decline was mostly caused…

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