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FXTechstrategyTeam
Added topic Daily Technical Strategist on EURUSD
EURUSD: Remains Weak And Targeting Further Decline EURUSD: Having weakened on Monday , it now faces its broader downside pressure as long as it trades below the 1.1533 level. Support is seen at 1.1300 level with a cut through here opening the door
FXTechstrategyTeam
Added topic Commodity Technical Outlook On GOLD
GOLD: Weakens, Eyes The 1,216.00 Level. GOLD: With GOLD seen selling off on Tuesday , further downside pressure is now envisaged. On the downside, support comes in at the 1,216.00 level where a break will aim at the 1,200.00 level. Below here if seen
FXTechstrategyTeam
Added topic Daily Technical Strategist on AUDUSD
AUDUSD: Faces Further Recovery Risk AUDUSD: With AUDUSD strengthening on Tuesday , we expect more recovery to occur. On the downside, support resides at the 0.7700 level where a breach will aim at the 0.7650 level. Below that level will set the stage
FXTechstrategyTeam
Added topic Daily Technical Strategist on AUDUSD
AUDUSD: Faces Recovery Risk AUDUSD: With AUDUSD threatening further corrective recovery, bull pressure is envisaged. On the downside, support resides at the 0.7750 level where a breach will aim at the 0.7700 level. Below that level will set the stage
FXTechstrategyTeam
Added topic Daily Technical Strategist on EURUSD
EURUSD: Builds Up Upside Momentum EURUSD: With EUR reversing its Wednesday losses on Thursday , further upside pressure is envisaged. Support is seen at 1.1400 level with a cut through here opening the door for more downside towards the 1.1350 level
FXTechstrategyTeam
Added topic The Week Ahead On USDCHF
USDCHF: Closes Flat, Faces Corrective Pullback Risk USDCHF: With a flat price action trading occurring the past week, risk of an impending corrective pullback continues to loom. On the downside, support lies at the 0.9200 level with a break targeting
FXTechstrategyTeam
Added topic Weekly Technical Strategist On EURUSD
EURUSD: Faces Downside Pressure EURUSD: With EUR closing marginally lower on a price rejection candle formation, further downside pressure is envisaged. Support is seen at 1.1250 level with a cut through here opening the door for more downside
FXTechstrategyTeam
Added topic Commodity Technical Outlook On GOLD
GOLD: Remains Vulnerable With Caution GOLD: With a second week of downside pressure occurring the past week, further downside pressure is likely. Except it returns above the 1,285/1,300 levels, downside threat remains. On the downside, support comes
FXTechstrategyTeam
Added topic Daily Technical Strategist on GBPUSD
GBPUSD: Weak And Vulnerable GBPUSD: With GBP now seen following through on the back of its Friday weakness, further decline is envisaged. This development leaves it targeting further downside but with caution. On the downside, support lies at the
FXTechstrategyTeam
Added topic Daily Technical Strategist on AUDUSD
AUDUSD: Develops Recovery Threats AUDUSD: AUDUSD continues to trace out a bottom as a platform for its impending correction. On the downside, support resides at the 0.7750 level where a breach will aim at the 0.7700 level. Below that level will set
FXTechstrategyTeam
Added topic Special Focus On USDCAD
USDCAD: Vulnerable On Correction USDCAD: Despite its Friday strength, its correction triggered off the 1.2798 level has not ended. On the downside, support lies at the 1.2400 level followed by the 1.2350 level. Further out, support resides at the
FXTechstrategyTeam
Added topic Daily Technical Strategist on EURUSD
EURUSD: Vulnerable On Price Hesitation. EURUSD: Although EUR is facing price hesitation, it still faces downside threats. outlook on EUR remains biased to the downside though hesitating. Support is seen at 1.1250 level with a cut through here opening
FXTechstrategyTeam
Added topic Commodity Technical Outlook On GOLD
CRUDE OIL: Bearish, Looks To Weaken Further CRUDE OIL: Having turned lower on Wednesday following its Tuesday price failure, further downside is likely. On the upside, resistance resides at the 52.00 level where a break will expose the 53.00 level
FXTechstrategyTeam
Added topic The Week Ahead On USDCHF
USDCHF: Reverses Losses, Eyes The 0.9741 Level. USDCHF: With the pair reversing its previous week losses and closing higher on Friday , it faces price extension in the new week. On the upside, resistance resides at the 0.9741 level, its year-to-date
FXTechstrategyTeam
Added topic Daily Technical Strategist on GBPUSD
GBPUSD: Eyes Further Upside On Recovery GBPUSD: With GBP closing higher on Monday , further upside is envisaged. While holding above its year – to-date-low at 1.5589 level, recovery risk remains. On the downside, support lies at the 1.5600 level
FXTechstrategyTeam
Added topic Daily Technical Strategist on EURUSD
EURUSD: Eyes Builds Up Recovery Tone EURUSD: With EUR continuing to eye further upside, price extension is likely in the days ahead. On the upside, resistance lies at the 1.2550 level where a break will aim at the 1.2550 level, its psycho level
FXTechstrategyTeam
Added topic Daily Technical Strategist on GBPJPY
GBPJPY: Sees Price Hesitation GBPJPY – The cross may continue to maintain its broader uptrend medium term but faces corrective pullback risk. On the upside, resistance lies at the 186.00 level followed by the 187.00 level where a break will aim at
FXTechstrategyTeam
Added topic Daily Technical Strategy on EURJPY
EURJPY: Triggers Trend Resumption EURJPY- With a resumption of its broader uptrend seen, further strength is envisaged. On the upside, resistance resides at the 146.00 level where a break if seen will threaten further upside towards the 146.50
FXTechstrategyTeam
Added topic The Week Ahead On USDCHF
USDCHF: Closes Lower On Corrective Pullback. USDCHF: Having triggered a corrective weakness the past week, further downside is likely in the new week. On the upside, resistance resides at the 0.9700 level where a break will aim at the 0.9750 level
FXTechstrategyTeam
Added topic Weekly Technical Strategist On EURUSD
EURUSD: Halts Weakness, Targets Further Upside EURUSD: With EUR halting its decline and turning higher at the end of the week, further strength is envisaged in the new. However, EUR will have to break and hold below the 1.2393 level to resume its