weekly analysis

It was a big week on European data front last week as both the European Central Bank and European Council met. A number of important decisions and announcements were made that will shape Europe’s recovery in 2021. First and foremost, the ECB announced another EUR 500 billion of stimulus...

AUD/USD The bulls won the battle after the AUD hit 0.9287 level we re-hit the last weeks target of 0.9400 which was extended to 0.9457. There is resistance at 0.9438 the R2 level on the daily pivot points. I will be expecting to a channel to form between 0.9424 and 0.9448 briefly before a...

I am expanding my reach and posting my analysis beyond my own forum hope you get some winning trades from my efforts AUD/USD As we expected the bearish trend rested on the 0.9342 level before making a return to the bullish trend, unfortunately this was short lived and it only hit the...