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Published post EURUSD Eyes Recovery Within Consolidation Range
EURUSD: The pair continues to face consolidation risk though looking to recover higher. Support lies at the 1.1150 level. Further down, support lies at the 1.1100 level where a violation will aim at the 1.1050 level. A break of here will aim at the 1.1000 level...
FXTechstrategy.com
Published post USDCHF Sees Upside Pressure With Broader Range
USDCHF: The pair retains its upside bias closing higher the past week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level. On the upside, resistance resides at the 0...
FXTechstrategy.com
Published post CRUDE OIL Closes In On Key Resistance at 51.64 Zone
CRUDE OIL: The pair continues to strengthen as it closes in on its key resistance located at the 51.64 zone. On the downside, support resides at the 50.00 level where a break will expose the 49.00 level. A cut through here will set the stage for a run at the 48.00 level...
FXTechstrategy.com
Published post GBPUSD: Risk Turns Lower Towards The 1.2600 Zone
GBPUSD: With the pair taking back its Wednesday gains to weaken further on Thursday, further move lower is expected. On the downside, support lies at the 1.2600 level where a break will turn attention to the 1.2550 level. Further down, support lies at the 1.2500 level...
FXTechstrategy.com
Published post EURUSD Sees Recovery Within Consolidation Range
EURUSD: The pair continues to face consolidation risk after closing marginally lower on Tuesday. It follow through on recovery within its range is now underway. Support lies at the 1.1200 level. Further down, support lies at the 1.1150 level where a violation will aim at the 1.1100 level...
FXTechstrategy.com
Published post USDJPY Targets Further Bullishness With Eyes On 103.35/50 Zone
USDJPY: The pair saw a rally on Tuesday opening the door for more strength in the days ahead. On the downside, support comes in at the 102.00 level where a break if seen will aim at the 101.50 level. A cut through here will turn focus to the 101.00 level and possibly lower towards the 100...
FXTechstrategy.com
Published post GOLD Outlook Remains Lower On More Weakness
GOLD: The commodity looks to extend its weakness following its Monday losses. On the downside, support comes in at the 1,300.00 level where a break will turn attention to the 1,290.00 level. Further down, a cut through here will open the door for a move lower towards the 1,280.00 level...
FXTechstrategy.com
Published post GBPUSD Extends Weakness With Eyes On 1.2795 Zone
GBPUSD: The pair continues to threaten further downside pressure after declining on Monday. On the downside, 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...
FXTechstrategy.com
Published post USDCHF Eyes Further Recovery Pressure
USDCHF: The pair now faces upside pressure having halted its weakness the past week. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level. On the upside, resistance resides at the 0...
FXTechstrategy.com
Published post GOLD: Weakens, Targets Further Weakness
GOLD: The commodity looks to extend its weakness following its past week losses. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290.00 level...
FXTechstrategy.com
Published post EURUSD: Price Rejection Turns Risk Higher
EURUSD: The pair looks to strengthen further in the new after taking back its losses to close marginally higher the past week. Support lies at the 1.1200 level. Further down, support lies at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will aim at the 1...
FXTechstrategy.com
Published post CRUDE OIL Targets Further Upside Pressure Medium Term
CRUDE OIL: The pair continues to hold on to its broader upside pressure medium term leaving risk higher in the new week. On the downside, support resides at the 47.00 level where a break will expose the 46.00 level. A cut through here will set the stage for a run at the 45.00 level...
FXTechstrategy.com
Published post EURUSD: Weakens With Eyes On 1.1100 Zone
EURUSD: The pair remains weak and vulnerable to the downside selling off on Friday and leaving risk lower towards the 1.1100 zone. Support lies at the 1.1050 level. Further down, support lies at the 1.1000 level where a violation will aim at the 1.0950 level. A break of here will aim at the 1...
FXTechstrategy.com
Published post GBPUSD: Retains Its Broader Bias With Eyes On 1.2914 Zone
GBPUSD: The pair continues to threaten further downside pressure after losing upside momentum on Thursday. On the downside, support lies at the 1.2900 level where a break will turn attention to the 1.2850 level. Further down, support lies at the 1.2800 level...
FXTechstrategy.com
Published post GOLD: Weakens, Targets Further Weakness
GOLD: The commodity looks to extend its weakness following its two-day corrective weakness. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290...
FXTechstrategy.com
Published post USDCHF: Weakens Further, Eyes Key Psycho Level
USDCHF: The pair declined further on Monday leaving risk lower in the new week. 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 GOLD: Looks To Pullback On Correction
GOLD: With the commodity still trading below its key resistance we envisage a move lower in the new week. On the downside, support comes in at the 1,330.00 level where a break will turn attention to the 1,320.00 level...
FXTechstrategy.com
Published post EURUSD: Sees Price Hesitation But Vulnerable
EURUSD: The pair saw price hesitation the past week but still faces corrective pullback risk. Support lies at the 1.1150 level. Further down, support lies at the 1.1100 level where a violation will aim at the 1.1050 level. A break of here will aim at the 1.1000 level...
FXTechstrategy.com
Published post GBPUSD: Risk Builds Up On The 1.2865 Zone
GBPUSD: The pair continues to target further weakness after closing lower the past week. It now targets it key support located at 1.2865 level. On the downside, support lies at the 1.2900 level where a break will turn attention to the 1.2865 level. Further down, support lies at the 1.2800 level...
FXTechstrategy.com
Published post GOLD Rallies, Eyes Further Upside Pressure
GOLD: With the commodity rallying on Tuesday, further bullishness is likely. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards the 1,320.00 level...