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Technical Analysis

AUD/USD Daily Forecast – 03 January

Aussie tried to break higher in the course of the yesterday's session but found resistance above 0.7840 area and pulled back slightly in order to finish the session around 0.7830 level. Tomorrow, with no data releases from Australia, we would…

EUR/USD Daily Forecast – 02 January

Euro was pushed further higher in the course of the Friday's session going all the way above 1.20 handle supported by rather good German CPI figures. Pair found some amount of resistance above 1.2020 level and pulled back slightly but…

GBP/USD Daily Forecast – 02 January

Sterling formed support around 1.3420 handle in the course of the Friday's session and was pushed higher then going all the way to 1.3540 area, which proved to be too resistive at the moment, with pair pulling back and finishing…

AUD/USD Daily Forecast – 02 January

Aussie went back and forth in the course of the Friday's session, with support around 0.7780 area and resistance above 0.7820 level, with pair finishing the session slightly above 0.78 handle. As for Monday and Tuesday we expect similar sessions…

EUR/USD Weekly Forecast – 01 January – 05 January

Despite holiday season, euro was pushed higher in the course of the last week. Pair initially formed support around 1.1850 handle and then broke higher in the second part of the week going all the way to above 1.20 handle,…

GBP/USD Weekly Forecast – 01 January – 05 January

Sterling was pushed higher in the course of the last week, breaking above 1.35 handle in the course of the Friday's session. The uptrend was mostly supported by overall weakening of the US dollar. Pair, however, found plenty of resistance…

AUD/USD Weekly Forecast – 01 January – 05 January

Aussie managed to broke higher in the course of the last week, going above 0.78 handle, but this area is still offering plenty of resistance with pair pulling back from 0.7820 area and finishing the week around 0.78 handle. Pair…

EUR/USD Daily Forecast – 29 December

Euro continued its rally in the course of the yesterday's session going all the way to 1.1960 area after it formed support around 1.19 handle, however, pair found some amount of resistance there and pulled back slightly in order to…

GBP/USD Daily Forecast – 29 December

Sterling formed support around 1.34 handle in the course of the yesterday's session and was pushed higher then going all the way to 1.3450 area, which proved to be too resistive at the moment, with pair pulling back and finishing…

AUD/USD Daily Forecast – 29 December

Aussie spent another session in an uptrend, going all the way to above 0.78 handle in the course of the yesterday's session, where it found some amount of resistance but managed to finish the session around this area which is…

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