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Published post NZDUSD Bearish Pressure Eyes 0.6502 Zone
NZDUSD bearish pressure eyes 0.6502 zone as it retains its broader medium term downtrend. This development leaves it vulnerable beyond the above support. Support lies at the 0.6450 level. Further down, the 0.6400 level comes in as the next downside target...
FXTechstrategy.com
Published post NZDUSD Remains Weak And Vulnerable To The Downside
NZDUSD remains weak and vulnerable to the downside as it retains its broader bear pressure. This leaves more weakness is likely in the days ahead. Support lies at the 0.6600 level. Further down, the 0.6550 level comes in as the next downside target...
FXTechstrategy.com
Published post EURUSD: Bullish In The Short But With Risk Of Pullback
EURUSD: The pair still faces further upside pressure following its rally on Thursday. On the upside, resistance comes in at 1.1800 level with a break through there opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post EURUSD: Bullish In The Short But With Risk Of Pullback
EURUSD: The pair still faces further upside pressure following its rally on Thursday. On the upside, resistance comes in at 1.1800 level with a break through there opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post GBPJPY: Bullish, Set To Close In On The 150.00 Area
GBPJPY: The cross rallied strongly on Thursday opening the door for more price gain in the days ahead. On the downside, support comes in at the 149.00 level where a violation will aim at the 148.50 level. A break below here will target the 148.00 level followed by the 147.50 level...
FXTechstrategy.com
Published post USDCHF: Extends Price Recovery With Risk Toward 0.9719
USDCHF: The pair remains biased upside on price recovery. This is coming on the back of its second day of strength. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level...
FXTechstrategy.com
Published post EURJPY: Sets Up To Resume Uptrend On Price Reversal
EURJPY: With the pair seeing taking back its Friday losses during Monday trading session, a resumption of its short term uptrend is now likely. Support comes in at the 130.50 level where a break if seen will aim at the 130.00 level. A cut through here will turn focus to the 129...
FXTechstrategy.com
Published post EURUSD: Outlook Remains Lower With Eyes On Key Support
EURUSD: The pair may have closed higher the past week but could see a move lower following its price reversal on Friday (see daily chart). On the downside, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level...
FXTechstrategy.com
Published post USDCHF: Vulnerable, Retains Its Bearishness
USDCHF: The pair looks to move further lower as it continues to hold on to its downside pressure. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level...
FXTechstrategy.com
Published post EURUSD: Recovers Higher, Eyes Key Resistance Zone EURUSD: The pair now faces further corrective higher as it looks to e
EURUSD: The pair now faces further corrective higher as it looks to extend strength. On the upside, resistance comes in at 1.1650 level with a break through there opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post GOLD: Bounces Off Lower Prices With Eyes 1,206/14.00 Zone
GOLD: The commodity looks to follow through higher on the back of its Tuesday price rejection. This has opened the door for more recovery higher. On the downside, support comes in at the 1,190.00 level where a break will turn attention to the 1,180.00 level...
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Published post GBPUSD: Backs Off Higher Prices On Price Failure
GBPUSD: The pair backed off higher prices after failing to follow through on the back of its Monday gain on Tuesday. This development has turned the immediate risk lower. On the downside, support lies at the 1.2850 level where a break will turn attention to the 1.2800 level...
FXTechstrategy.com
Published post USDJPY: Faces Further Recovery Pressure Towards 111.74/82 Levels
USDJPY: The pair still faces further price recovery threats following its Friday higher close. On the downside, support lies at the 110.50 level where a break if seen will aim at the 110.00 level. A cut through here will turn focus to the 109.50 level and possibly lower towards the 109.00 level...
FXTechstrategy.com
Published post EURUSD: Eyes Further Weakness Towards The 1.1529/00 Zone
EURUSD: The pair looks to follow through lower following its past week losses. On the upside, resistance comes in at 1.1600 level with a break through there opening the door for more upside towards the 1.1650 level. Further up, resistance lies at the 1.1700 level where a break will expose the 1...
FXTechstrategy.com
Published post USDJPY: Sets Up To Recover Further Higher On Correction
USDJPY: The pair still faces price recovery threats as it looks to build up on its Friday price correction. On the downside, support lies at the 111.00 level where a break if seen will aim at the 110.50 level. A cut through here will turn focus to the 110...
FXTechstrategy.com
Published post EURUSD: Loses Upside Momentum, Faces Pullback Risk With Eyes On 1.1534 Zone
EURUSD: The pair looks to pullback in the new week after turning lower the past week. On the upside, resistance comes in at 1.1650 level with a break through there opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post USDCHF: Risk Continues To Point Lower, Eyes 1.9600 Region
USDCHF: Risk Continues To Point Lower, Eyes 1.9600 Region USDCHF: The With the pair selling off the past week, more weakness is envisaged in the new week. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0...
FXTechstrategy.com
Published post USDCHF: Bearish, Risk Continues To Point Lower
USDCHF: Bearish, Risk Continues To Point LowerUSDCHF: The pair continues to face downside pressure closing further lower on Wednesday. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level...
FXTechstrategy.com
Published post EURJPY: Sees Further Bullishness, Remains On The Offensive
EURJPY: The pair looks to recover further higher as it closed strongly higher on Monday. Support comes in at the 129.00 level where a break if seen will aim at the 128.50 level. A cut through here will turn focus to the 128.00 level and possibly lower towards the 127.50 level...
FXTechstrategy.com
Published post GBPUSD: Looks To Recover Further Higher On Correction
GBPUSD: The pair now faces further corrective recovery as we begin a new week. Support lies at the 1.2800 level where a break will turn attention to the 1.2750 level. Further down, support lies at the 1.2700 level. Below here will set the stage for more weakness towards the 1.2650 l0evel...