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Daily Technical Analysis

EUR/USD Daily Forecast - 29 June

Euro went back and forth in the course of the yesterday’s session with support around 1.1525 area and resistance above 1.16 handle, with pair in the end finishing the session in a neutral tone around 1.1550 level. As for tomorrow,…

GBP/USD Daily Forecast - 29 June

Sterling continued its decline in the course of the yesterday’s session going all the way to 1.3050 area where it found some amount of support and managed to rebound slightly to a daily closing around 1.3070 level. As for tomorrow,…

AUD/USD Daily Forecast - 29 June

AUD/USD is making a minor recovery and testing the hid point of the .73 handle from lows of 0.7329 as the downtrend deteriorates a touch away from the support of the descending channel and yesterday's lows (lowest levels since Jan…

EUR/USD Daily Forecast - 28 June

The EURUSD is trading to new session lows and in the process is retesting the November 2017 swing low at 1.15526. That low was broken in May with a move to 1.1509. In June, the level was broken again with…

GBP/USD Daily Forecast - 28 June

GBP/USD is falling fast as it is about 10 pips away from the current 2018 low at 1.3102. A breakout below 1.3102 can lead to further losses towards 1.3027 October 6, 2017 swing low.

AUD/USD Daily Forecast - 28 June

Aussie fell in the course of the yesterday’s session going all the way to 0.7325 area by the end of the session where it found some amount of support and managed to rebound slightly to a daily closing around 0.7340…

EUR/USD Daily Forecast - 27 June

Euro fell in the course of the yesterday’s session going all the way to 1.1640 area around which it finished the session. Tomorrow, we would pay attention to US figures. Pair is likely to find support around 1.16 and 1.1580…

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…

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…

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…

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