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Technical Analysis

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 Daily Forecast - 09 March

Euro was initially pushed higher in the course of the yesterday's session going all the way to 1.2450 level where it found some amount of resistance and after ECB press conference sharply pulled back, but found area around 1.23 handle…

GBP/USD Daily Forecast - 09 March

Sterling spent yesterday's session in a decline going all the way to 1.38 handle by the end of the session, where pair found some amount of support. With no major data releases, decline was mostly due to overall strengthening of…

AUD/USD Daily Forecast - 09 March

Aussie fell in the course of the yesterday's session despite better than forecasted Australian Trade Balalnce figures with pair going all the way to below 0.78 handle by the end of the session, however finding some amount of support around…

EUR/USD Daily Forecast - 08 March

Euro was initially pushed higher in the course of the yesterday's session going all the way to 1.2440 level where it found some amount of resistance and pulled back, but found area around 1.24 handle to be supportive enough in…

GBP/USD Daily Forecast - 08 March

Sterling was initially pushed lower in the course of the yesterday's session but managed to find some amount of support around 1.3850 handle and managed to rebound in order to finish the session near 1.39 area. On a short-term basis,…

AUD/USD Daily Forecast - 08 March

Aussie once again formed support around 0.7750 handle in the course of the yesterday's session and despite weaker than expected Australian GDP figures, pair was pushed higher going all the way to 0.7830 level, where it found some amount of…

EUR/USD Daily Forecast - 07 March

Despite no major data releases from Eurozone yesterday, euro was pushed higher spending session in an incline and breaking above 1.24 handle by the end of the session. As for tomorrow, we can expect a similar session with focus on…

GBP/USD Daily Forecast - 07 March

Sterling broke higher in the course of the yesterday's session going all the way to 1.3920 level, where it found some amount of resistance and pulled back in order to finish the session slightly below 1.39 handle. Decline was mostly…

AUD/USD Daily Forecast - 07 March

Aussie formed support around 0.7750 handle in the course of the yesterday's session and despite weaker than expected Australian figures, pair was pushed higher going all the way to 0.7840 level, where it found some amount of resistance and pulled…

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