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Forex Analytics News

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GBP/AUD: Technical Outlook Before the Australian Cash Rate

During the previous week the GBPAUD broke the down the price channel and made around +370 pips as profit from the breaking, but now we have a different situation and we might sell the pair this week.

Last Wednesday the European Union President received the official letter for the British...

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The EU Facing Brexit

It’s finally happening: after talking about Britain’s referendum decision to leave the EU for over half a year, the United Kingdom has finally triggered Article 50, starting the 2-year countdown for negotiations on the divorce.

The European Union is sorry to see one of its...

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XAU/USD (GOLD): Short Review & Forecast

Gold was again under the pressure of the dollar, but the rates still continue in the frames of the upward trend that formed last year. A week ago the Gold reached the highest price level this year amid a weakening of the USD because of the failure of Trump's healthcare reform, as well as the...

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EUR/AUD: Short Review & Forecast

The rates of the EUR/AUD are in the frames of a new upward trend which was formed a month ago. The Euro strengthened against the U.S. dollar and many other currencies, including the Australian dollar (AUD). During the last few weeks we have not received any important information that would...

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EUR/JPY Technical Outlook & No Bears on the Market

In our recent report about the EUR/JPY on March 14 we recommended selling the pair around 122.50 when it was trading near the downside trend line. We saw the pair has declined by more than 300 pips and achieved our targets, so today we’ll have a look at the same pair again because it may...

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