Technical Analysis
- Tuesday, 26 June 2018
- Daily 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…- Tuesday, 26 June 2018
- Daily Technical Analysis
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…- Monday, 25 June 2018
- Daily Technical Analysis
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…- Monday, 25 June 2018
- Daily Technical Analysis
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…- Monday, 25 June 2018
- Daily Technical Analysis
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…- Sunday, 24 June 2018
- Daily Technical Analysis
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…- Sunday, 24 June 2018
- Daily Technical Analysis
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…- Sunday, 24 June 2018
- Daily Technical Analysis
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…- Sunday, 24 June 2018
- Weekly Technical Analysis
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…- Sunday, 24 June 2018
- Weekly Technical Analysis
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…- Popular
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