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Weekly Forecasts

Weekly Technical Analysis for Majors, Minors, Crosses, Commodities and Stocks, published every week...

AUDUSD: Bearish But Hesitates Ahead Of 0.7973 Levels! As long as 0.7973/0.7900 resistance holds on a weekly closing basis, the AUDUSD remains on the downside to the 0.7711 levels, a halt is likely and it may turn higher from here but if this fails to happen, another fall towards the 0.7585/0.7520...
EURUSD: Consolidates With Downside Bias! Outlook in EURUSD remains neutral with risk to the downside, immediate resistance comes at the 1.1880 levels. While its medium-term risk remains higher, the EURUSD will have to break and hold above the 1.1880 levels on a weekly closing basis to prevent a return to the...
Dow Jones Index: Bullish Eyes Further Upside! As long as 22268 support holds on a weekly closing basis, the Dow Jones Index remains on the upside to the 22775 levels ahead of the 23420/24130 levels. Below 22268 sees a pullback threat to the 21845 levels before another rise, further down,...
WTI: Bullish, Eyes The 54.09 Levels With Caution! As long as 49.30 support holds on a weekly closing basis, the WTI Crude Oil remains on the upside. At this point, the pair needs to break and hold above the 51.80 levels on a weekly closing basis or (a sustained breakout...
EURJPY: Bullish Despite Corrective Threats! As long as 131.75 support holds on a weekly closing basis, the EURJPY remains neutral with risk to the upside, a failure to hold below the 131.75 levels on a weekly closing basis could mean a return to the 134.40 levels, a break will restore...
AUDUSD: Bearish But Hesitates Ahead Of 0.7973 Levels! As long as 0.7973/0.7900 resistance holds on a weekly closing basis, the AUDUSD remains on the downside to the 0.7711 levels, a halt is likely and it may turn higher from here but if this fails to happen, another fall towards the 0.7585/0.7520...
EURUSD: Bearish Despite Recovery Attempts! With EURUSD failing to continue higher through the 1.1815 levels last week, a short-term resistance has been printed at the 1.1880 levels. While its medium-term risk remains higher, the EURUSD will have to break and hold above the 1.1880 levels on a weekly closing basis to...
Dow Jones Index: Bullish Eyes Further Upside! As long as 22268 support holds on a weekly closing basis, the Dow Jones Index remains on the upside to the 22775 levels ahead of the 23420/24130 levels. Below 22268 sees a pullback threat to the 21845 levels before another rise, further down,...
WTI OIL: Sees Pullback Threats! As long as 49.31 support holds on a weekly closing basis, the WTI Oil remains neutral with risk to the upside to the 51.80 levels, a break will restore the upside momentum and open the 54.09 levels, further upside, resistance comes at the 56.32 levels. On...
EURJPY: Bullish Despite Corrective Threats! As long as 131.75 support holds on a weekly closing basis, the EURJPY remains neutral with risk to the upside, a failure to hold below the 131.75 levels on a weekly closing basis could mean a return to the 134.40 levels, a break will restore...