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Technical Analysis

GBP/USD Daily Forecast - 02 March

Sterling was pushed lower on the course of the yesterday's session, but found support around 1.37 handle and managed to rebound by the end of the day to a closing around 1.3770 level. Tomorrow, we woul pay attention to UK…

AUD/USD Daily Forecast - 02 March

Aussie went back and forth in the course of the yesterday's session with support around 0.77 handle and resistance above 0.7750 area around which pair finished the session. Pair was offset by weaker than expected Private Capital Expenditure figures. Tomorrow,…

EUR/USD Daily Forecast - 01 March

Euro fell in the course of the yesterday's session, continuing its Tuesday's decline. Pair went all the way to 1.2190 area, where it found some amount of support but managed to rebound only slightly in order to finish the session…

GBP/USD Daily Forecast - 01 March

Sterling fell in the course of the yesterday's session, going all the way to below 1.38 handle, with a daily closing around 1.3770 area. Decline was mostly due to Brexit concerns as well as overall strengtheing of US dollar. Tomorrow,…

AUD/USD Daily Forecast - 01 March

Aussie was initially pushed higher in the course of the yesterday's session but found resistance above 0.7820 area and then pulled back in the US part of the session going all the way to 0.7760 level. As for tomorrow, we…

EUR/USD Daily Forecast - 28 February

Euro fell in the course of the yesterday's session mostly due to bullish Fed Chair Powell testimony, with pair going all the way to 1.2220 area by the end of the session which is of course dovish sign. As for…

GBP/USD Daily Forecast - 28 February

Sterling once again found resistance near 1.40 handle in the course of the yesterday's session and was pushed lower with pair going all the way to 1.3850 after after Fed Chair Powell testimony, where pair found some amount of support…

AUD/USD Daily Forecast - 28 February

Aussie spent yesterday's session in a decline going all the way to below 0.78 handle by the end of the session, being offset by hawkish Fed Chair Powell testimony since there were no major data releases from Australia. Tomorrow, we…

EUR/USD Daily Forecast - 27 February

Euro was initially pushed higher in the course of the yesterday's session but found resistance above 1.2350 handle in order to pullback all the way to 1.2280 level, which proved to be supportive enough for the pair to rebound and…

GBP/USD Daily Forecast - 27 February

Sterling went all the way to 1.4070 area in the course of the yesterday's session where it found plenty of resistance and sharply pulled back in order to finish the session around 1.3970 level. As for tomorrow, we would be…

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