Technical Analysis
- Friday, 08 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 8 June
The British pound went back and forth during the trading session on Thursday, perhaps in reaction to word getting out that the United Kingdom was going to leave the custom union as well as the European Union.
- Thursday, 07 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 7 June
The Euro rallied a bit during the trading session on Thursday but found enough resistance at the 1.1850 level to cause some issues and pull back a bit. I think if we break down below the lows of the session…
- Wednesday, 06 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 6 June
I wrote previously that I would be bullish if the price could bounce convincingly at 0.7621. I thought it would be a bearish sign if the price broke below that level. I was proven wrong when the price bounced strongly…
- Tuesday, 05 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 5 June
The British pound has moved sharply lower against the US dollar, after meeting strong technical selling from just before the key 1.3400 resistance level on Monday. The GBPUSD pair currently trades close to the 1.3300 level, with downside pressures likely…
- Monday, 04 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 4 June
EUR/USD strong bounce from 1.1510(29/05/2018 low) continues, trading above 1.17and heading along 1.1718. The short-term trendremains negative as long as prices remain belowhourly resistance at 1.1993 (14/05/2018 high).Hourly support is given at 1.1510 (29/05/2018low).
- Saturday, 02 June 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 4 June - 8 June
The EURUSD rebounded higher last week forming a quasi-bullish rejection candle on the weekly chart. It started with Wednesday’s 130 pip surge and was capped off by Friday’s end of day bounce to stay above the trend line from the 2017 low.
- Saturday, 02 June 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 4 June - 8 June
Notes: The British Pound is down more than 7% from the yearly highs with price continuing to trade within the confines of descending pitchfork formation extending off January / April highs, just above support at 1.3182 (low registered at 1.3205). Note that weekly momentum held…
- Saturday, 02 June 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 4 June - 8 June
Once again, Aussie/USD did not go anywhere fast with a fall to the 0.7520 level being only temporary. Technical lines from top to bottom: 0.7730 capped the pair in early April. 0.7675 provides some support in March and is another…
- Friday, 01 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 1 June
The Australian dollar try to rally initially on Thursday but turned around. By doing so, we have formed a shooting star at the 0.76 level, and it looks like we are ready to roll over and perhaps go looking towards…
- Thursday, 31 May 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 31 May
GBP/USD’s moving higher. However, this strength is likely only temporary in nature. Further weakness towards the support at 1.3223 is favored. Key support and resistance are given at 1.3068 (13/11/2017 low) and 1.3458 (11/01/2017 low. The technical structure suggests further…- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…
Tags
aud/usd2605
boe106
brexit96
china122
cpi147
daily fundamental2278
daily technical2199
ecb113
eur/usd1497
eurozone88
EurUsd1227
forex8896
gbp/usd1447
GbpUsd1111
gdp95
industrial production106
inflation73
interest rates219
ppi93
rba91
resistance71
retail sales125
support71
trade balance108
uk188
unemployment claims160
unemployment rate122
usd1004
weekly fundamental565
weekly technical419