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Technical Analysis

GBP/USD Weekly Forecast – 08 January – 12 January

Sterling was initially pushed higher in the course of the last week, breaking above 1.36 handle, but there found plenty of resistance in order to pullback to 1.35 handle which proved to be supportive enough in order for pair to…

AUD/USD Weekly Forecast – 08 January – 12 January

Aussie spent last week in a slow decline as there were no major data releases, with pair going all the way to 0.7880 area, which is somewhat resistive at the moment, but pair managed to finish the week around 0.7860…

EUR/USD Daily Forecast – 05 January

Euro was pushed higher in the course of the yesterday's session going all the way to 1.2080 area, supported by mixed US figures. However, pair found some amount of resistance and pulled back in order to finish the session slightly…

GBP/USD Daily Forecast – 05 January

Sterling formed support around 1.35 handle in the course of the yesterday's session and was then pushed higher going all the way to 1.3560 level where it found some amount of resistance, but managed to finish the session around 1.3550…

AUD/USD Daily Forecast – 05 January

Aussie broke higher in the course of the yesterday's session going all the way to 0.7860 area by the end of the session after it initially formed support around 0.7810 level. Tomorrow, we would pay attention to Australian Trade Balance

EUR/USD Daily Forecast – 04 January

Euro spent yesterday's session in a decline going all the way to 1.20 handle, where it found some amount of support and managed to finish the session slightly above this area. Decline was mostly caused by rather good US data.…

GBP/USD Daily Forecast – 04 January

Sterling tried to broke above 1.36 handle in the course of the yesterday's session, but found plenty of resistance above this area and pulled back all the way to 1.35 area by the end of the session offset by rather…

AUD/USD Daily Forecast – 04 January

Aussie was initially pushed lower in the course of the yesterday's session but found support around 0.78 handle and was pushed higher going all the way to 0.7840 area by the end of the session despite rather good US figures.…

EUR/USD Daily Forecast – 03 January

Euro was pushed higher in the course of the yesterday's session, after forming support around 1.20 handle and going all the way to 1.2080 area. There pair found some amount of resistance, and pulled back but again rebounded by the…

GBP/USD Daily Forecast – 03 January

Sterling broke higher in the course of the yesterday's session going all the way to 1.36 handle where pair found plenty of resistance, but did not pulled back significantly but finished the session near 1.36 area, which is of course…

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