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Published post GOLD Rejects Lower Price, Eyes Recovery
GOLD: With the commodity rejecting higher prices the past week, a move higher on correction is envisaged. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level...
FXTechstrategy.com
Published post EURUSD: Risk Continues To Point Lower On Bearishness
EURUSD: Having EURUSD closed lower on corrective pullback, more weakness is likely. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim at the 1.0950 level...
FXTechstrategy.com
Published post USDCHF: Weakens, Eyes The 0.9758 Level
USDCHF: With the pair losing upside pressure to close lower on Thursday, further bearishness is likely in the days ahead. On the downside, support lies at the 0.9750 level. A turn below here will open the door for more weakness towards the 0.9700 level and then the 0.9650 level...
FXTechstrategy.com
Published post GBPUSD: Recovers Higher But Within Short Term Range
GBPUSD: With the pair strengthening on Thursday, more strength is expected. However, that move remains within its established range. On the downside, support lies at the 1.3200 level where a break will turn attention to the 1.3150 level. Further down, support lies at the 1.3100 level...
FXTechstrategy.com
Published post EURUSD Threatens Further Weakness On Pullback
EURUSD: Having EURUSD weakened on Tuesday, further decline is envisaged. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim at the 1.0950 level...
FXTechstrategy.com
Published post GBPUSD: Halts Weakness, Faces Upside Pressure
GBPUSD: With the pair losing downside steam, the pair faces further bullishness. On the downside, support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level. Below here will set the stage for more weakness towards the 1...
FXTechstrategy.com
Published post EURUSD Looks To Extend Downside Pressure On Sell-Off
EURUSD: Having EURUSD sold off the past week, further downside pressure is expected. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim at the 1.0950 level...
FXTechstrategy.com
Published post EURUSD Targets More Upside On Bull Pressure
EURUSD: Having rallied on a follow through higher the past week, further bullishness is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1200 level. A break of here will target the 1.1150 level...
FXTechstrategy.com
Published post AUDUSD: Tumbles Lower On Loss Of Upside Momentum
AUDUSD. The pair lost upside pressure to decline strongly during Friday trading session today. This development has left risk lower in the days ahead. On the downside, support resides at the 0.7600 level where a breach will aim at the 0.7550 level...
FXTechstrategy.com
Published post GBPUSD Builds Up Its Corrective Recovery
GBPUSD: Having the pair extended its recovery on Thursday, further strength is expected. On the downside, support lies at the 1.3100 level where a break will turn attention to the 1.3000 level. Further down, support lies at the 1.2950 level...
FXTechstrategy.com
Published post EURUSD: Maintains Its Bullish Offensive Short Term
EURUSD: Having taken out its key resistance at 1.1233 level on Tuesday, more strength is likely in the days ahead. Support lies at the 1.1200 level. Further down, support comes in at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will target the 1.1050 level...
FXTechstrategy.com
Published post USDJPY Remains Vulnerable But With Warning
USDJPY: The pair remains vulnerable to the downside despite price hesitation seen on Monday. While the 102 .65 level remains unbroken, our bias remains lower. On the downside, support comes in at the 101.00 level where a break if seen will aim at the 100.50 level...
FXTechstrategy.com
Published post GBPUSD: Sets Up To Weaken Further Medium Term
GBPUSD: Having the pair continued to weaken, further decline is envisaged in the days ahead. 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 EURUSD: Vulnerable Despite Higher Close
EURUSD: Except the pair returns above the 1.1233 level. A move lower cannot be ruled out. Support lies at the 1.1100 level. Further down, support comes in at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will target the 1.0950 level...
FXTechstrategy.com
Published post USDCHF: Weakens With Caution
USDCHF: With the pair closing lower the past week, further weakness is likely. However, we may see an initial run to the upside in the new 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...
FXTechstrategy.com
Published post GBPUSD: Remains Vulnerable To The Downside In The Medium Term.
GBPUSD: Having the pair rejected higher level prices to close lower on Wednesday, further downside pressure. On the downside, support lies at the 1.2950 level where a break will turn attention to the 1.2900 level. Further down, support lies at the 1.2850 level...
FXTechstrategy.com
Published post USDJPY: Weakens, Remains Vulnerable
USDJPY: With the pair closing lower on Tuesday and extending it on Wednesday, more weakness should build up. On the downside, support comes in at the 101.00 level where a break if seen will aim at the 100.50 level. A cut through here will turn focus to the 100...
FXTechstrategy.com
Published post EURUSD: Recovering But With Caution
EURUSD: The pair may have stalled and headed higher on Tuesday but still maintain its medium term downside pressure. Support lies at the 1.1050 level. Further down, support comes in at the 1.1000 level where a violation will aim at the 1.0950 level. A break of here will target the 1.0900 level...
FXTechstrategy.com
Published post USDCHF: Vulnerable, Eyes The 0.9635/00 Zone
USDCHF: With the pair closing lower on sell off the past week and following through lower during Monday trading session, more decline is envisaged. 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...
FXTechstrategy.com
Published post GOLD: Risk Points Higher Medium Term With Eyes On 1,358.28
GOLD: Having the commodity closed higher the past week, more strength is envisaged. 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...