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Daily Fundamental Analysis

GB/USD Daily Forecast - 25 June

GBP/USD stayed down near 1.32 in the middle of as trade wars and Brexit concerns. The UK government managed to overcome yet another vote in parliament on the Brexit bill. Brexit headlines from the weekend will likely weigh on Sterling at…

AUD/USD Daily Forecast - 25 June

AUD/USD was hit hard alongside stocks as Trump’s new suggested tariffs rocked markets quite hard. After the US had already detailed tariffs on $50B worth of goods on China and the latter announced it would retaliate, the Administration is considering…

BTC/USD Daily Forecast - 22 June

According to the H1 time – frame, I found a broken rising channel in the background, which is a sign that sellers are in control. The trend is bearish.

EUR/USD Daily Forecast - 22 June

This week, the EUR/USD pair fell from the level of 1.1734 to bottom at 1.1543. It rebounded from the bottom to close at the price of 1.1642. The EUR/USD pair has faced strong support at the level of 1.1543. So,…

NZD/USD Daily Forecast - 22 June

NZD/USD has been quite bearish till yesterday before it bounced off the 0.68 support area with a daily close. NZD has been dominated by USD in several ways, but after the recent rate hike from 1.75% to 2.00%, the USD…

BTC/USD Daily Forecast - 21 June

Bitcoin continues to be very noisy overall, and during the day on Wednesday as it hung around the $6750 level. The market has an obvious support level underneath at the $6000 level, so if we were to turn around and…

EUR/USD Daily Forecast - 20 June

The EURUSD currency pair posted strong losses on the day as price action was seen drifting lower to the previous support formed at 1.1577. The break down below this level is expected to see either the currency pair posting further…

GBP/USD Daily Forecast - 19 June

The British pound fell a bit during the trading session but was also relatively quiet against the US dollar. The massive selloff of last week wasn’t as drastic in this market, but the 1.32 level looks to be targeted right…

AUD/USD Daily Forecast - 18 June

I wrote last Thursday that the recent failure of the Australian Dollar to strengthen against the USD was a bearish sign. This was a great call as the Australian Dollar has plummeted since then, creating a completely bearish technical picture…

GBP/USD Daily Forecast - 15 June

The British pound has recovered upside momentum against the US dollar, but is still struggling to make solid gains above the key 1.3420 level in early Thursday trading. The GBPUSD pair currently trades around the 1.3388 level, after finding support…

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