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Technical Analysis

Weekly Forecast 27th July 2020

Weekly Forex Forecast Key Support/Resistance Levels for Popular Pairs We teach that trades should be entered and exited at or very close to key support and resistance levels. There are certain key support and resistance levels that can be watched on the more popular currency pairs this week. EUR/USD : Very Bullish The …

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Weekly Forex Forecast 01/03/2020

Technical-analysis Weekly Forex Forecast March 01-2020 EUR/USD The Euro rallied significantly during the week, spiking above the 1.10 level during the week. Friday was extraordinarily volatile, and I would anticipate that there is probably some noise still to be had in this pair, but the question now is whether or not …

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Trading Support and Resistance

Trading Support and Resistance This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two …

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Weekly Forex Forecast 22/12/2019

Technical-analysis Weekly Forex Forecast December 22-2019 USD/JPY The US dollar has rallied a bit during the week but was relatively contained at the ¥110 level. That’s an area that needs to be broken in order for the buyers to continue to push the market higher and reach towards the ¥111 …

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Trading Support and Resistance

Trading Support and Resistance This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two …

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Weekly Forex Forecast 15/12/2019

Technical-analysis Weekly Forex Forecast December 15-2019 GBP/USD The British pound has rallied significantly during the week after the elections came back delivering a conservative majority in parliament. Now it looks likely that markets will continue to find buyers on dips, as the 1.35 level above offered a bit of a …

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Technical Analysis: U.S. Dollar Index

Technical Analysis: U.S. Dollar Index The weekly price chart below shows last week printed a large bearish engulfing candlestick, which rejected the resistance level at 12361, and closed near the bottom of its price range. The price is below its level from 3 months ago, but slightly above its level …

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Weekly Forex Forecast 08/12/2019

Technical-analysis Weekly Forex Forecast December 08-2019 GBP/JPY The British pound has had a productive week, breaking towards the upside quite significantly, slicing above the top of the overall consolidation that we had been in for a couple of months. The British pound is getting a bit of a boost due to …

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Weekly Forex Forecast 01/12/2019

Technical-analysis Weekly Forex Forecast December 01-2019 GBP/USD The British pound rallied significantly during the trading sessions that made up the week, reaching towards the 1.2950 level. The British pound is currently testing the 1.30 level and it appears that we are trying everything we can do break out. Given enough time, …

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Weekly Forex Forecast 24/11/2019

Technical-analysis Weekly Forex Forecast November 24-2019 GBP/USD The British pound initially tried to rally during the week but then fell rather hard. At this point in time the market is starting to form a large flag, and I think if we can break above the 1.30 level is very likely that …

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