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Published post USDJPY: Puts In Temporary Bottom, Eyes More Recovery
USDJPY: With USDJPY halting its weakness to close higher on Monday and seen following through during Tuesday trading session, price extension is envisaged. On the downside, support comes in at the 107.00 level where a break if seen will aim at the 106.50 level...
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Published post GBPUSD: Rejects Lower Prices, Eyes Recovery Higher
GBPUSD: Having the pair rejected downside pressure on Monday, it now looks to recover higher in the days ahead. On the downside, support lies at the 1.4400 level where a break will turn attention to the 1.4350 level. Further down, support lies at the 1.4300 level...
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Published post USDCHF: Follows Through Lower, Eyes 0.9662 Zone
USDCHF: Having the pair sold off the past week and followed through lower during Monday trading session, further weakness is envisaged. On the downside, support lies at the 0.9662 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level...
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Published post GOLD Faces Further Bullish Threats
GOLD: The commodity closed higher the past week leaving risk of more strength 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. Further down, a cut through here will open the door for a move lower towards the 1,210...
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Published post EURUSD Reverses Its Two-Week Losses
EURUSD: With EURUSD taking back its two-week losses to close on a rally the past week, more strength is envisaged in the new week. Support lies at the 1.1300 level. Further down, support comes in at the 1.1250 level where a violation will aim at the 1.1200 level. A break of here will target the 1...
FXTechstrategy.com
Published post USDJPY: Risk Continues To Point Lower On Weakness
USDJPY: With USDJPY weakening further on Thursday, more weakness is expected. On the downside, support comes in at the 108.00 level where a break if seen will aim at the 107.50 level. A cut through here will turn focus to the 107.00 level and possibly lower towards the 106.50 level...
FXTechstrategy.com
Published post AUDUSD: Declines On Loss Of Upside Momentum
AUDUSD. The pair was seen reversing its Wednesday losses during Thursday trading session today. This development has left AUDUSD targeting further downside pressure. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level...
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Published post GOLD Retains Its Recovery Tone
GOLD: The commodity continues to threaten further upside on correction. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door for a move lower towards the 1,180.00 level...
FXTechstrategy.com
Published post GBPUSD Continues To Face Downside Pressure
GBPUSD: With the pair seen extending its weakness, more decline is expected. On the downside, support lies at the 1.4450 level where a break will turn attention to the 1.4400 level. Further down, support lies at the 1.4350 level. Below here will set the stage for more weakness towards the 1...
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Published post USDCHF: Looks To Resume Broader Uptrend
USDCHF: Having the pair continued to maintain its medium term upside bias, trend resumption is envisaged. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0.9800 level...
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Published post AUDUSD Rallies On Bullish Offensive
AUDUSD. With the pair rallying strongly on Tuesday, it faces further bullishness in the days ahead. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level. Below that level will set the stage for a run at the 0...
FXTechstrategy.com
Published post EURUSD Targets Further Upside With Eyes On The 1.1200 Zone
EURUSD: With EURUSD continuing to maintain its recovery tone, we may see more strength. 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 1.1050 level...
FXTechstrategy.com
Published post EURJPY Rallies On Recovery
EURJPY: Although With EURJPY seeing a strong rally during Monday trading session today, further upside pressure is expected in the days ahead. On the downside, Support comes in at the 123.00 level where a break will aim at the 122.50 level. A turn below here will target the 122...
FXTechstrategy.com
Published post GOLD Follows Through Lower On Further Weakness
GOLD: The commodity continues to hold on to its downside pressure with more weakness expected in the new week. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level...
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Published post EURUSD Looks To Weaken Further On Bear Pressure
EURUSD: With EURUSD weakening for a fourth week in a row, more downside pressure is expected in the new week. 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: Looks To Extend Gains On Higher Weekly Close
USDCHF: Having the pair extended its bullish offensive to close higher at the end of the week, more strength is envisaged. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0.9800 level...
FXTechstrategy.com
Published post NZDUSD: Eyes Further Upside On Price Recovery
NZDUSD: Having the pair halted its weakness and continued to hold above its Thursday low at the 0.6691 level, there is risk of a follow through higher. Support lies at the 0.6700 level where a break will aim at the 0.6650 level. Further down, the 0.6600 level comes in as the next downside target...
FXTechstrategy.com
Published post AUDUSD Looks To Recover Further Higher
AUDUSD. With the pair rejecting lower level prices on Thursday, further bullishness is likely. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level. Below that level will set the stage for a run at the 0...
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Published post CRUDE OIL Remains On Bullish Offensive With Eyes On 50.90
CRUDE OIL: The commodity continues to hold on to its upside pressure leaving risk of more strength on the cards. This development now leaves risk higher its overhead resistance located at the 50.90 level. On the downside, support resides at the 49.00 level where a break will expose the 48...
FXTechstrategy.com
Published post USDJPY: Bullish But Hesitates Ahead Of Key Resistance
USDJPY: With USDJPY continuing to hold on to its upside pressure, more recovery higher is expected though hesitating. While the 110.58 zone remains unbroken, we may continue to price hesitation. On the downside, support comes in at the 109.00 level where a break if seen will aim at the 108...