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Technical Analysis

EUR/USD Daily Forecast – 10 January

Euro continued its decline in the course of the yesterday's session going all the way to 1.1920 area, where it found some amount of support, but only to finished the session around 1.1930 level. With no major data releases tomorrow,…

GBP/USD Daily Forecast – 10 January

Sterling was initially pushed higher in the course of the yesterday's session going all the way 1.3580 area where it found some amount of resistance and then pulled back going to 1.35 handle, which once again proved to be supportive…

AUD/USD Daily Forecast – 10 January

Despite better than forecasted Australian Building Approvals figures Aussie was pushed lower in the course of the yesterday's session going all the way to 0.78 handle where it found some amount of support but only managed to slightly rebound by…

EUR/USD Daily Forecast – 09 January

Euro spent yesterday's session in decline going all the way to 1.1950 handle, though there were no major data releases. Pair found some amount of support around 1.1950 area and slightly rebounded finishing the session near 1.1970 level. With no…

GBP/USD Daily Forecast – 09 January

Sterling found plenty of resistance above 1.3580 area in the course of the yesterday's session and was pushed lower going all the way to 1.3520 level where it found some amount of support and managed to rebound and finished the…

AUD/USD Daily Forecast – 09 January

Aussie broke lower in the course of the yesterday's session going all the way to 0.7820 area where it found some amount of support and was then pushed slightly higher finishing the session around 0.7840 level. Tomorrow, we would pay…

EUR/USD Daily Forecast – 08 January

Euro pulled back in the course of the Friday's session with pair being offset with decline in Eurozone inflation, going all the way to 1.2020 level by the end of the session. As for Monday, with no major data releases…

GBP/USD Daily Forecast – 08 January

Sterling was initially pushed lower in the course of the yesterday's session going all the way to 1.3520 level, where pair found some amount of support and was then pushed higher, being supported by weaker than expected US figures, with…

AUD/USD Daily Forecast – 08 January

Aussie was initially pushed lower in the course of the Friday's session due to weaker than expected Australian Trade Balance figures, but pair found some amount of support around 0.7820 area and managed to completely rebound by the end of…

EUR/USD Weekly Forecast – 08 January – 12 January

Euro spent most of the last week going back and forth, with support being formed around 1.20 handle and resistance above 1.2080 area, with the pair in the end finishing week around 1.2030 level. We can expect more volatility next…

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