wrapper

Weekly Technical Analysis

EUR & GBP Weekly Outlook - 10 August

In the first sign of the Turkish Lira downfall is entering crisis territory, the supervisory body of the ECB has reportedly (according to the FT) begun looking a various European banks' exposure to Turkey (BBVA (MC:BBVA), UniCredit (MI:CRDI) and BNP…

EUR/USD Weekly Forecast - 6 August - 10 August

The EUR/USD pair has initially tried to rally during the week but gave back the gains to close lower. As you can see by the yellow rectangle on the chart, not much has changed since last week, and I believe…

GBP/USD Weekly Forecast - 6 August - 10 August

The British pound initially tried to rally during the week but gave back the gains to crash back into the 1.30 level. This is an area where I see a significant amount of demand, so quite frankly I do expect…

AUD/USD Weekly Forecast - 6 August - 10 August

The Australian dollar has gone sideways again this week, but it continues to show that there is a significant amount of support at the 0.7350 level. Overall, I believe that this market will probably continue to find reasons to bounce…

EUR/USD Weekly Forecast - 30 July - 3 August

As we enter the traditionally slow month of August, I cannot help but notice that the EUR/USD pair looks to be very stagnant. This is probably because we are awaiting the results of the Brexit, which although much of the…

GBP/USD Weekly Forecast - 30 July - 3 August

The British pound has dropped a bit during the week, but still remains well above the 1.30 level, as we continue to hover in a consolidated phase. The question now is whether or not this is an accumulation phase, or…

AUD/USD Weekly Forecast - 30 July - 3 August

The Australian dollar has fallen a bit during the week but continues to find plenty support near the 0.7350 level, showing a proclivity for a bounce. I think that if we can break above the top of the 0.75 handle,…

EUR/USD Weekly Forecast - 23 July - 27 July

The EUR/USD pair continued to be very choppy during trading this past week, using the 1.15 level as support and the 1.1850 level above as resistance. We ended up forming a bit of a hammer, and that of course is a…

GBP/USD Weekly Forecast - 23 July - 27 July

The British pound has taken a bashing over the last several weeks, as the Brexit negotiations are not going very well. Compounding that, the British government can’t seem to decide on what to do so it makes sense that Sterling fell.…

AUD/USD Weekly Forecast - 23 July - 27 July

The Australian dollar has found support yet again on a bounce from the 0.7325 region, as the 0.7350 handle looks to be the beginning of massive support. We have formed a hammer for the week, just like we did the week…

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.