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Published post EURUSD: Bullish, Faces Further Upside Pressure
EURUSD: The pair faces further recovery pressure following its past week higher close. On the upside, resistance comes in at 1.0700 level with a cut through here opening the door for more upside towards the 1.0750 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post GBPUSD: Bearish, Remains Vulnerable To The Downside
GBPUSD: The pair continues to face further weakness following more declines on Wednesday. Support lies at the 1.2150 level where a break will turn attention to the 1.2100 level. Further down, support lies at the 1.2050 level. Below here will set the stage for more weakness towards the 1...
FXTechstrategy.com
Published post GOLD: Bearish, Declines Further
GOLD: The commodity declined further on Tuesday leaving risk of more weakness on the cards. On the downside, support comes in at the 1,210.00 level where a break will turn attention to the 1,200.00 level. Further down, a cut through here will open the door for a move lower towards the 1,190...
FXTechstrategy.com
Published post GBPUSD: Eyes Further Weakness On Bear Pressure
GBPUSD: The pair faces further weakness following its continued downside pressure. Support lies at the 1.2150 level where a break will turn attention to the 1.2100 level. Further down, support lies at the 1.2050 level. Below here will set the stage for more weakness towards the 1.2000 level...
FXTechstrategy.com
Published post USDJPY: Remains Vulnerable But With Caution
USDJPY: The pair still faces downside pressure though closing higher the past week. On the downside, support comes in at the 114.00 level where a break if seen will aim at the 113.50 level. A cut through here will turn focus to the 113.00 level and possibly lower towards the 112.50 level...
FXTechstrategy.com
Published post GOLD: Retains Upside Pressure Despite Pullback
GOLD: The commodity closed lower the past week though with caution. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level. Further down, a cut through here will open the door for a move lower towards the 1,220.00 level...
FXTechstrategy.com
Published post EURUSD: Rejects Lower Prices, Eyes More Recovery.
EURUSD: The pair saw a price rejection the past week, leaving risk higher in the new week. On the upside, resistance comes in at 1.0650 level with a cut through here opening the door for more upside towards the 1.0700 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post USDCHF Remains Vulnerable On Price Rejection
USDCHF: The pair rejected higher prices the past week leaving risk lower. On the downside, support lies at the 1.0000 level. A turn below here will open the door for more weakness towards the 0.9950 level and then the 0.9900 level. On the upside, resistance resides at the 1...
FXTechstrategy.com
Published post EURUSD: Retains Its Broader Downside Bias.
EURUSD: The pair continues to retain its downside pressure as more weakness looks to occur in the days ahead. On the upside, resistance comes in at 1.0600 level with a cut through here opening the door for more upside towards the 1.0650 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post USDJPY: Targeting Further Upside Pressure On Rally
USDJPY: The pair took back its intra day losses on Tuesday and followed through higher on a rally during Wednesday trading session. On the downside, support comes in at the 113.00 level where a break if seen will aim at the 112.50 level. A cut through here will turn focus to the 112...
FXTechstrategy.com
Published post EURUSD: Risk Remains Lower Despite Price Recovery
EURUSD: The pair retains its downside pressure a recovery threat on Monday. On the upside, resistance comes in at 1.0650 level with a cut through here opening the door for more upside towards the 1.0700 level. Further up, resistance lies at the 1.0750 level where a break will expose the 1...
FXTechstrategy.com
Published post GBPUSD: Consolidates With Downside Risk
GBPUSD: The pair continues to consolidate leaving directional move a challenge. However, it should head lower nearer term. Support lies at the 1.2400 level where a break will turn attention to the 1.2350 level. Further down, support lies at the 1.2300 level...
FXTechstrategy.com
Published post EURUSD: Risk Remains Lower Bear Pressure
EURUSD: With the pair following through lower the past week, further weakness is likely in the new week. On the upside, resistance comes in at 1.0600 level with a cut through here opening the door for more upside towards the 1.0650 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post AUDUSD: Risk Points Higher On Trend Resumption
AUDUSD. The pair continues to retain its upside pressure as it looks to resume its medium term uptrend. On the downside, support resides at the 0.7650 level where a breach will aim at the 0.7600 level. Below that level will set the stage for a run at the 0...
FXTechstrategy.com
Published post USDJPY: Recovers, Looks To Strengthen Further
USDJPY: The pair triggered a recovery higher on Monday and followed through on Tuesday leaving risk further higher. On the downside, support comes in at the 113.00 level where a break if seen will aim at the 112.50 level. A cut through here will turn focus to the 112...
FXTechstrategy.com
Published post GOLD: Risk Remains Lower On Pullback Threats
GOLD: The commodity continues to retain its upside pressure but with caution. On the downside, support comes in at the 1,220.00 level where a break will turn attention to the 1,210.00 level. Further down, a cut through here will open the door for a move lower towards the 1,200.00 level...
FXTechstrategy.com
Published post EURUSD: Vulnerable To Downside Though With Caution
EURUSD: With the pair closing strongly lower on Friday, further weakness is envisaged. On the upside, resistance comes in at 1.0650 level with a cut through here opening the door for more upside towards the 1.0700 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post USDJPY: Weakens, Eyes The 112.00 Zone
USDJPY: The pair weakened on Thursday leaving risk of more decline to occur in the days ahead. On the downside, support comes in at the 112.50 level where a break if seen will aim at the 112.00 level. A cut through here will turn focus to the 111.50 level and possibly lower towards the 111...
FXTechstrategy.com
Published post EURUSD: Vulnerable To The Downside With Eyes On 1.0500 Zone
EURUSD: With the pair closing further lower on Tuesday, more decline is envisaged in the days ahead. On the upside, resistance comes in at 1.0550 level with a cut through here opening the door for more upside towards the 1.0500 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Published post GOLD: Targets Further Upside Pressure Short Term
GOLD: The commodity continues to retain its upside pressure leaving risk higher prices in the new week on the cards. On the downside, support comes in at the 1,230.00 level where a break will turn attention to the 1,220.00 level...