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Published post EURUSD Puts In Temporary Bottom, Bullish
EURUSD: With the pair halting its weakness to close higher the past week, we look for more strength to build up in the days ahead. 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...
FXTechstrategy.com
Published post EURUSD Bullish, Sees Price Follow-Through
EURUSD: With the pair extending its Wednesday strength on Thursday, further bullishness is likely in the days ahead. 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 AUDUSD Rejects Higher Prices, Vulnerable
AUDUSD. The pair saw a rejection of upside pressure during Wednesday trading leaving risk of dmore weakness on the cards. On the downside, support resides at the 0.7400 level where a breach will aim at the 0.7350 level. Below that level will set the stage for a run at the 0...
FXTechstrategy.com
Published post USDJPY Targets Further Weakness On Bear Pressure
USDJPY: The pair remains weak and vulnerable to the downside with more weakness envisaged. On the downside, support comes in at the 105.00 level where a break if seen will aim at the 104.50 level. A cut through here will turn focus to the 104.00 level and possibly lower towards the 103.50 level...
FXTechstrategy.com
Published post EURUSD Faces Further Weakness Threats
EURUSD: With the pair following through lower the past week, further downside pressure is likely. Support lies at the 1.0900 level. Further down, support comes in at the 1.0850 level where a violation will aim at the 1.0800 level. A break of here will target the 1.0750 level...
FXTechstrategy.com
Published post EURGBP: Sets Up To Resume Weakness
EURGBP- The cross looks to weaken further following its Thursday declines after taking back all of its intra day gains. Resistance resides at the 0.8400 level where a violation if seen will turn risk towards the 0.8450 level. On further upside, the 0...
FXTechstrategy.com
Published post USDCHF Rejects Higher Prices, Vulnerable On Pullback
USDCHF: Having the pair closed higher on Tuesday, a move higher on recovery is now building up. However, with a large pullback seen intra day on Wednesday, a move lower could be seen in the days ahead. On the downside, support lies at the 0.9800 level...
FXTechstrategy.com
Published post GBPUSD Retains Downside Pressure Below Key Resistance Zone
GBPUSD: The Unless the pair breaks and holds above the 1.3480 zone, risk will continue to point lower on more weakness medium term. 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 GOLD Triggers Corrective Pullback
GOLD: The commodity triggered a corrective weakness the past week leaving risk lower. But it could move a little bit higher in the new week following its Friday close(see daily chart). On the downside, support comes in at the 1,330.00 level where a break will turn attention to the 1,310.00 level...
FXTechstrategy.com
Published post EURUSD Sets Up To Weaken Further On Loss Of Momentum
EURUSD: With the pair rejecting higher price to close almost flat the past week, more weakness is expected in the new week. Support lies at the 1.1000 level. Further down, support comes in at the 1.0950 level where a violation will aim at the 1.0900 level. A break of here will target the 1...
FXTechstrategy.com
Published post USDCHF Closes Flat, Vulnerable To The Downside
USDCHF: Having the pair closed flat the past week, it remains vulnerable to the downside in the new week. 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. Below here will expose the 0...
FXTechstrategy.com
Published post USDJPY Remains On Bullish Offensive
USDJPY: Having the pair continued to hold on to its upside pressure, further bullishness is likely. On the downside, support comes in at the 105.00 level where a break if seen will aim at the 104.50 level. A cut through here will turn focus to the 104.00 level and possibly lower towards the 103...
FXTechstrategy.com
Published post GOLD Tumbles, Eyes The 1,312.00 Zone
GOLD: The commodity reversed its Wednesday gain to weaken on Thursday leaving risk of more lower towards the 1,312.00 zone on the cards. On the downside, support comes in at the 1,312.00 level where a break will turn attention to the 1,300.00 level...
FXTechstrategy.com
Published post GBPUSD: Biased To The Downside In The Medium Term
GBPUSD: The pair capped its gains to close lower on Wednesday leaving risk lower. 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 Loses Upside Pressure, Vulnerable To The Downside
EURUSD: With the pair rejecting higher prices to close lower on Tuesday, more weakness is likely. Support lies at the 1.1000 level. Further down, support comes in at the 1.0950 level where a violation will aim at the 1.0900 level. A break of here will target the 1.0850 level...
FXTechstrategy.com
Published post GBPUSD: Bullish, Follows Through On Correction
GBPUSD: The pair turned higher on Monday leaving risk to the upside on correction in the days ahead. It was seen heading higher during early trading on Yuesday. On the downside, support lies at the 1.3000 level where a break will turn attention to the 1.2950 level...
FXTechstrategy.com
Published post GOLD: Bullish, Targets Key Resistance
GOLD: The commodity extended its recovery the past week leaving risk higher in the days ahead. On the downside, support comes in at the 1,355.00 level where a break will turn attention to the 1,250.00 level. Further down, a cut through here will open the door for a move lower towards the 1,340...
FXTechstrategy.com
Published post EURUSD Threatens Further Weakness Towards 1.0909 Level
EURUSD: With a reversal of its previous week’s gains seen the past week, more decline is envisaged. Support lies at the 1.1000 level. Further down, support comes in at the 1.0950 level where a violation will aim at the 1.0900 level. A break of here will target the 1.0850 level...
FXTechstrategy.com
Published post CRUDE OIL Remains Vulnerable On Correction
CRUDE OIL: The commodity continues to face downside pressure weakening on Thursday to open the door for more weakness. On the downside, support resides at the 45.00 level where a break will expose the 44.00 level. A cut through here will set the stage for a run at the 43.00 level...
FXTechstrategy.com
Published post EURJPY: Bear Pressure Remains Intact
EURJPY: Having continued to hold on to its downside pressure, more bearishness is envisaged. Support comes in at the 111.00 level where a break will aim at the 110.50 level. A turn below here will target the 110.00 level with a breach turning focus to the 109.50 level...