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Weekly Technical Analysis

AUD/USD Weekly Forecast – 08 January – 12 January

Aussie spent last week in a slow decline as there were no major data releases, with pair going all the way to 0.7880 area, which is somewhat resistive at the moment, but pair managed to finish the week around 0.7860…

EUR/USD Weekly Forecast – 01 January – 05 January

Despite holiday season, euro was pushed higher in the course of the last week. Pair initially formed support around 1.1850 handle and then broke higher in the second part of the week going all the way to above 1.20 handle,…

GBP/USD Weekly Forecast – 01 January – 05 January

Sterling was pushed higher in the course of the last week, breaking above 1.35 handle in the course of the Friday's session. The uptrend was mostly supported by overall weakening of the US dollar. Pair, however, found plenty of resistance…

AUD/USD Weekly Forecast – 01 January – 05 January

Aussie managed to broke higher in the course of the last week, going above 0.78 handle, but this area is still offering plenty of resistance with pair pulling back from 0.7820 area and finishing the week around 0.78 handle. Pair…

EUR/USD Weekly Forecast – 25 December – 29 December

Euro formed support around 1.1730 level initially next week and then spent rest of the week in an incline going all the way to 1.19 handle where it found some amount of resistance and pulled back slightly in order to…

GBP/USD Weekly Forecast – 25 December – 29 December

Sterling was initially pushed higher in the course of the last week going all the way to 1.3420 level, but then found some amount of resistance and pulled back slightly in order to finish the session around 1.3360 area. Next…

AUD/USD Weekly Forecast – 25 December – 29 December

Aussie spent yesterday's session in an uptrend, after it initially formed support around 0.7650 area, with pair breaking above 0.77 handle, mostly being supported by incline in commodities prices, and with a weekly closing slightly above this area. Next week…

EUR/USD Weekly Forecast – 18 December – 22 December

Euro was initially pushed lower in the course of the last week, but found some amount of support around 1.1720 area and then rebounded after FOMC interest rate decision going all the way to 1.1850 handle. However, pair was offset…

GBP/USD Weekly Forecast – 18 December – 22 December

Sterling formed support around 1.33 handle in the course of the last week and was then pushed higher going all the way to 1.3460 level mostly being supported by dovish Fed comments, however, pair pulled back on Friday due to…

AUD/USD Weekly Forecast – 18 December – 22 December

Aussie broke higher in the course of the last week, after it initially formed support around 0.75 handle, with pair going all the way near to 0.77 handle being supported by much better than expected Australian job figures. In the…

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