wrapper

Technical Analysis

GBP/USD Daily Forecast - 27 June

The rally of the GBP/USD that started last Thursday after the Bank of England decision from 1.3100 was capped by the 20-day moving average slightly above 1.3300. On Tuesday, the pair pulled back and bottomed during the American session at…

AUD/USD Daily Forecast - 27 June

AUD/USD is holding a higher beta to the S&P which is currently performing robustly, allowing for a bounce in the Aussie, closely linked to the performance of commodities such as copper that is also recovering on Tuesday despite the dollar…

EUR/USD Daily Forecast - 26 June

Euro formed support around 1.1630 level in the course of the yesterday’s session and was then pushed higher going all the way to 1.17 handle, despite weaker than expected German business confidence figures. As for tomorrow, we expect similar session…

GBP/USD Daily Forecast - 26 June

Sterling was initially pushed lower in the course of the yesterday’s session but found some amount of support around 1.3220 level and managed to rebound in order to finish the session around 1.3280 area. At this stage, there are short-term…

AUD/USD Daily Forecast - 26 June

Aussie failed to generate bullish momentum on the first day of the week though there were no major data releases from Australia and USA yesterday. Pair has some amount of support around 0.74 handle where bears drove the pair back…

EUR/USD Daily Forecast - 25 June

The weekly recovery stalled short of the 23.6% retracement of the 1.2413/1.1507, this last, a fresh yearly low reached last Thursday, which means that the common currency is still at risk of resuming its decline. The mentioned Fibonacci resistance is…

GBP/USD Daily Forecast - 25 June

Last week’s Bank of England rate decision was a bit surprising as three members of the MPC voted for an immediate rate hike; and the fact that the BoE’s Chief Economist was one of the dissenters certainly seemed to catch notice. GBP/USD had…

AUD/USD Daily Forecast - 25 June

The Australian Dollar seems to have found interim support below the 0.74 figure but the dominant trajectory still favors weakness against its US namesake. The trend is defined by a series of lower highs and lows set from double top resistance established…

EUR/USD Weekly Forecast - 25 June - 29 June

Last week, EUR/USD traded relatively in-line with our tempered expectations – the euro chopped around with little net effect for the week as the ECB-driven move from the Thursday before took time to digest. Overall, a second test of significant support held…

GBP/USD Weekly Forecast - 25 June - 29 June

Notes: The British Pound has continued to trade within the confines of the descending pitchfork formation highlighted in our previous GBP/USD Technical Perspective, with prices rebounding off a confluence support zone this week around ~1.3164. This region is defined by the 50% retracement of the…

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.