Technical Analysis
- Wednesday, 04 July 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 5 July
The AUD/USD pair failed to hold to gains and it was about to end the day flat. Earlier today, rose to 0.7423 supported by Australian economic data, reaching the highest level since June 25. It failed to hold on top…
- Tuesday, 03 July 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 4 July
The EUR/USD pair is about to end the day with modest gains, recovering most of yesterday’s losses. The euro is moving in a range between 1.1640 and 1.1665, holding a modest bullish bias. Price action remains limited as the US…
- Tuesday, 03 July 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 4 July
As we head into the US holidays, the pound is solid against the 200-1hr SMA at 1.3193 and just of day's highs at 1.3207 with the DXY on the backfoot between the range of 94.5620-94.9780, -0.28% at 1.3192. GBP/USD is…
- Tuesday, 03 July 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 4 July
The AUD/USD pair advanced all the way up to 0.74 on Tuesday and made a small correction before going into a consolidation phase as trading volume thins out with American traders wrapping up the day early ahead of the Independence…
- Monday, 02 July 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 3 July
Euro spent yesterday’s session in decline going all the way to 1.16 handle, where it managed to find some amount of support and rebounded in order to finish the session slightly above 1.1630 level. We expect similar session tomorrow, with…
- Monday, 02 July 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 3 July
The GBP/USD pair remains in negative territory for the day and near YTD lows on a stronger US Dollar across the board and amid risk aversion. The pair bottomed earlier at 1.3094 and then bounced to the upside. The recovery…
- Monday, 02 July 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 3 July
AUD/USD bears drove the market to a new 2018 low this Monday at 0.7310. The bear trend is strong and resistance to the upside are seen near the 0.7323 former 2018 low and 0.7345 congestion zone. To the downside bears…
- Friday, 29 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 2 July
Euro spent Friday’s session in an uptrend breaking above 1.1650 handle. The relief rally in the EUR that followed the news that EU leaders have reached a deal on migration at the June summit suggested that political anxiety had been…
- Friday, 29 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 2 July
GBP/USD is up about 130 pips this Friday and is now testing the 1.3200 figure. Although the main trend in the pair is bearish the current correction is rather strong, and some bullishness might persist in the coming days especially…
- Friday, 29 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 2 July
AUD/USD had a 65-pip boost this Friday and found resistance at the 0.7400 level. Pair formed a golden cross where the 50-period simple moving average crossed above the 200-period SMA which is seen as a bullish signal. Pair is currently…- Popular
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