Technical Analysis

Tuesday, 20 March 2018

EUR/USD Daily Forecast - 21 March

Euro found plenty of resistance above 1.2350 handle in the course of the yesterday's session and was then pushed sharply down going all the way to 1.2240 level by the daily closing as USD was mostly boosted by tomorrow's rate…

Tuesday, 20 March 2018

Daily Technical Analysis

GBP/USD Daily Forecast - 21 March

Sterling was initially pushed higher in the course of the yesterday's session but found some amount of resistance around 1.4060 level and was then pushed lower however managed to finish the session around 1.40 handle. As for tomorrow we would…

Tuesday, 20 March 2018

Daily Technical Analysis

AUD/USD Daily Forecast - 21 March

Aussie continued its decline in the course of the yesterday's session and was pushed further lower after dovish RBA Minutes going all the way to below 0.77 handle by the end of the session. As for tomorrow, focus will be…

Friday, 16 March 2018

Daily Technical Analysis

EUR/USD Daily Forecast - 16 March

Euro spent yesterday's session in a decline going all the way to 1.23 handle around which it finished the session. Decline was mostly caused by much better than forecasted US figures, and with no major data releases from Eurozone tomorrow,…

Friday, 16 March 2018

Daily Technical Analysis

GBP/USD Daily Forecast - 16 March

Sterling went back and forth in the course of the yesterday's session with support around 1.3920 area and resistance above 1.3980 level but it in the end broke lower and finished the session around 1.3930 area. As for tomorrow, we…

Friday, 16 March 2018

Daily Technical Analysis

AUD/USD Daily Forecast - 16 March

Aussie fell in the course of the yesterday's session going all the way below 0.78 handle by the end of the day, which is of course a bearish sign. Decline was mostly due to much better than expected US figures…

Wednesday, 14 March 2018

Daily Technical Analysis

EUR/USD Daily Forecast - 15 March

Euro found resistance above 1.24 handle in the course of the yesterday's session and then pulled back all the way to 1.2350 area where it found some amount of support in order to finish the session above 1.2380 level. As…

Wednesday, 14 March 2018

Daily Technical Analysis

GBP/USD Daily Forecast - 15 March

Sterling fell intially in the course of the yesterday's session but found some amount of support around 1.3920 level in order rebound and finish the session slightly above 1.3960 level. With no major data releases from the UK tomorrow, we…

Wednesday, 14 March 2018

Daily Technical Analysis

AUD/USD Daily Forecast - 15 March

Aussie was pushed higher in the course of the yesterday's session, after it initially formed support around 0.7850 area, mostly due to much better than forecasted China's Industrial Production figures. Pair went all the way to 0.7920 area where it…

Tuesday, 13 March 2018

Daily Technical Analysis

EUR/USD Daily Forecast - 14 March

Euro was pushed higher in the course of the yesterday's session going all the way to 1.24 handle, where it found some amount of resistance but managed to finish the session around this area. As for tomorrow, we would pay…

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