- Friday, 18 September 2015
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 21 September – 25 September
Euro was pushed higher in the course of the last week mostly due to dovish Fed interest rate statement. Pair even broke above 1.14 handle, but this area offered some amount of resistance. However, with no major data releases next week, traders are likely to continue to weigh on Fed, which could push euro towards 1.15 handle. Initially in the week, pair is likely to find some amount of support around 1.12 handle so this would be
Read more...- Friday, 18 September 2015
- Weekly Technical Analysis
GBP/USD Weekly Forecast – 21 September – 25 September
After it was initially pushed lower, Sterling managed to find plenty of support around 1.53 handle and rebound going all the way to above 1.56 handle after dovish Fed statement. This is area that has plenty of resistive points, as it is all the way to 1.58 handle so we do not expect an easy way up, but recognize a lot of bullish potential after we have broke above 1.55 handle and uptrend line. As for next week we expect a bit steadier
Read more...- Friday, 18 September 2015
- Weekly Technical Analysis
AUD/USD Weekly Forecast – 21 September – 25 September
Aussie managed to rebound in the course of the last week, breaking above 0.72 handle, as pair was supported mostly by incline in commodity prices as well as dovish Fed statement concerning interest rates. However, this pair could be only temporarily as there is plenty of resistance all the way to and above 0.73 handle. With no major data releases next week, we believe that any type of resistive candles around 0.73 handle
Read more...- Friday, 11 September 2015
- Weekly Technical Analysis
EUR/USD Weekly Forecast – 14 September – 18 September
Though it was less eventful week, EUR/USD pair was quite volatile. It found area around 1.11 handle to be quite supportive and by the end of the week managed to break 1.13 handle that offered some amount of resistance initially. With no major data releases from Eurozone next week, focus will be on US data, in particular on Fed interest rate decision. If interest rates remain unchanged we expect that euro could go as high as
Read more...- 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…