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Published post AUDUSD Weakens On Further Pullback Threats
AUDUSD weakens on further pullback threats as it saw price extension during early trading on Tuesday. On the upside, resistance stands at the 1.7200 level. A cut through here will turn attention to the 0.7250 level and then the 0.7300 level. A violation will set the stage for a retarget of the 0...
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Published post EURUSD Continues To Retain Downside Pressure Short Term
EURUSD continues to retain downside pressure following its past week losses. Support comes in at the 1.1350 where a violation will aim at the 1.1300 level. A break below here will target the 1.1250 level. Further down, support lies at the 1.1200...
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Published post USDCHF Eyes More Strength, Closes Strongly USDCHF eyes more strength after closing strongly higher the past week. Resis
USDCHF eyes more strength after closing strongly higher the past week. Resistance stands at the 1.0000 level as the next upside target. A break of here will open the door for more gain towards the 1.0050 level. Above here, resistance comes in at the 1.0100 level and then the 1.0150 level...
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Published post EURJPY Looks To Recover Further Higher Towards 125.08 Zone
EURJPY looks to recover further higher towards 125.08 zone as it eyes price extension. Support comes in at the 124.50 level where a break if seen will aim at the 124.00 level. A cut through here will turn focus to the 123.50 level and possibly lower towards the 123.00 level...
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Published post GBPUSD Bearish, Sets Up To Weaken Further On Corrective Pressure
GBPUSD Bearish, Sets Up To Weaken Further On Corrective Pressure GBPUSD sets up to weaken further corrective pressure following its rejection of upside pressure. Support is seen at 1.2700 level. Further down, support comes in at the 1.2650 level where a break will turn focus to the 1.2600 level...
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Published post GOLD Remains Vulnerable Below Key Resistance At 1,2987.55 Level
GOLD remains vulnerable below key resistance at 1,298.55 level as it looks for more weakness. commodity looks to pullback as it rejected higher prices the past week. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level...
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Published post AUDUSD Retains Corrective Recovery Bias
AUDUSD retains corrective recovery bias with eyes on more strength in the days ahead. On the upside, resistance lies at the 1.7150 level. A cut through here will turn attention to the 0.7200 level and then the 0.7250 level where a violation will set the stage for a retarget of the 0.7300 level...
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Published post EURUSD Eyes Recovery Threats Towards 1.1496 Zone
EURUSD eyes recovery threats towards 1.1496 zone. Support comes in at the 1.1350 where a violation will aim at the 1.1300 level. A break below here will target the 1.1250 level. Further down, support lies at the 1.1200. On the upside, resistance comes at 1...
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Published post USDCHF Remains Vulnerable With Pullback Threats Expected
USDCHF remains vulnerable with pullback threats expected in the new week. This development leaves resistance residing at the 0.9900 level as the next upside target. A break of here will clear the way for more gain towards the 0.9950 level. Above here, resistance comes in at the 1...
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Published post CRUDE OIL Looks To Recover Further Higher
CRUDE OIL looks to recover further higher on corrective upside pressure. Support lies at the 46.50 level where a break will expose the 46.00 level. A cut through here will set the stage for a run at the 45.50 level. Further down, support comes in at the 45.00 level...
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Published post EURUSD Risk Remains Higher With Eyes On 1.1499 Zone EURUSD risk remains higher with eyes on 1.1499 zone. Support comes
EURUSD risk remains higher with eyes on 1.1499 zone. Support comes in at the 1.1400 where a violation will aim at the 1.1350 level. A break below here will target the 1.1300 level. Further down, support lies at the 1.1250. On the upside, resistance resides at 1...
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Published post EURUSD Looks To Weaken Further With Eyes On 1.1269 Level
EURUSD looks to weaken further with eyes on 1.1269 level. This is coming on the back of its weakness on Wednesday. Support lies at the 1.1300 where a violation will aim at the 1.1250 level. A break below here will aim at the 1.1200 level. Further down, support lies at the 1.1150...
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Published post GBPUSD Continues To Retain Its Bearish Threats
GBPUSD continues to retain its bearish threats as it looks to resume broader medium term weakness. Support is seen at 1.2600 level. Further down, support comes in at the 1.2550 level where a break will turn focus to the 1.2500 level. Further down, support comes in at the 1.2450 level...
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Published post EURUSD Faces Risk Of Medium Term Trend Resumption
EURUSD faces risk of medium term trend resumption following its price reversal on Friday. Support lies at the 1.1300 where a violation if seen will aim at the 1.1250 level. A break below here will aim at the 1.1200 level. Further down, support comes in at the 1.1150...
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Published post EURUSD Sees Bullish Offensive On Price Rally
EURUSD sees bullish offensive on rally with more strength expected in the days ahead. Support lies at the 1.1400 where a violation will aim at the 1.1350 level. A break below here will aim at the 1.1300 level. Further down, support lies at the 1.1250. On the upside, resistance resides at 1...
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Published post AUDUSD Remains Vulnerable To The Downside
AUDUSD remains vulnerable to the downside as it looks to resume its broader weakness. On the upside, resistance lies at the 1.7250 level. A cut through here will turn attention to the 0.7300 level and then the 0.7350 level where a violation will set the stage for a retarget of the 0.7400 level...
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Published post USDCAD Looks To Extend Medium Term Upside Pressure
USDCAD looks to extend medium term upside pressure following its higher close the past week. Support comes in at the 1.3350 level where a break will aim at the 1.3300 level. Further down, support comes in at the 1.3250 level where a turn lower may occur...
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Published post GOLD Remains Weak And Vulnerable To The Downside
GOLD remains weak and vulnerable to the downside as it looks for more weakness. On the downside, support comes in at the 1,230.00 level where a break will turn attention to the 1,220.00 level. Further down, a cut through here will open the door for a move lower towards the 1,210.00 level...
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Published post USDJPY Bull Pressure Builds Up On 113.81 Resistance Zone
USDJPY bull pressure builds up on 113.81 resistance zone and now leaves risk of a move towards the 113.81. On the upside, resistance comes in at 114.00 level. Above here will turn attention to the 114.50 level. Further out, we expect a possible move towards the 115...
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Published post USDCAD Broader Bias Remains Higher On Further Bullishness
USDCAD Broader Bias Remains Upside On Further Bullishness on further bullishness. Support comes in at the 1.3350 level where a break will aim at the 1.3300 level. Further down, support comes in at the 1.3250 level where a turn lower may occur...