FXTechstrategyTeam / Profile

USDCHF: Weakens But With Caution USDCHF: With the pair closing lower the past week, it faces further downside pressure. However, on the daily chart that weakness seem to have been halted suggesting a resumption of its broader upside could be

GOLD: Faces Recovery Risk GOLD: With GOLD triggering a recovery higher the past week, further bullishness is expected in the new week. However, its Thursday and Friday trading activities may suggest a halt in that recovery. On the upside, resistance

GBPUSD: Bearish, Threatens Further Downside GBPUSD: With continued downside pressure seen GBP looks to extend further weakness. On the other hand, support lies at the 1.6800 level where a break will aim at the 1.6750 levels. A break of here will turn

EURJPY: Triggers Recovery, Eyes More Strength EURJPY- Having triggered a corrective recovery higher during early trading today, it looks to extend that strength in the days ahead. On the upside, resistance resides at the 139.27 level will be targeted

GOLD: Bullish, Outlook Remains Higher GOLD: With the commodity closing higher the past week, there is risk of further strength towards the 1,345.90 level with a cut through here extending gains towards the 1,360.30 level. A violation will aim at the

USDCAD: Triggers Corrective Recovery USDCAD: With USDCAD triggering a correction during early trading today, further upside could be seen in the days ahead. However, broader bias still points lower in the medium term. On the downside, support lies at

GOLD: Outlook Remains Higher With Caution GOLD: With GOLD remaining bullish and targeting further upside, it faces further bullishness in the days ahead. Resistance resides at the 1,331.10 level where a violation will aim at the 1,342.30 level. A

USDJPY: Rallies, Takes Out Key Resistance. USDJPY: With USDJPY rallying strongly to close above its key resistance at the 102.35 level during Monday trading session , it now faces the risk of price extension. A cut through here will target the

GOLD: Triggers Recovery, Eyes More Upside. GOLD: We still maintain our upside outlook on GOLD on corrective recovery higher. This view remains valid as long as the commodity trades and holds above the 1,240.23 level. On the upside, resistance comes

EURJPY: Triggers Recovery, Aims At 139.86 EURJPY- With EURJPY halting its broader weakness and building slightly higher on the back its recovery off the 138.13 level, it faces further bull risk. In such a case, resistance comes in at the 139.88 level

EURGBP- Threatens Further Upside On Correction EURGBP- With the cross closing marginally higher on Monday and triggering further upside during Tuesday trading today, it faces the risk of additionally recovery higher in the days ahead. Immediate

AUDUSD: Bullish, Targets The 0.9460 Level. AUDUSD: The pair has resumed its short term uptrend breaking the 0.9393 level and paving the way for more upside. Resistance resides at the 0.9460 level. Further out, resistance is located at the 0.9500

USDCAD: Builds On Recovery Strength USDCAD: With the pair following through higher during Tuesday trading session , it looks to build on that strength in the days ahead. On the upside, resistance stands at the 1.0900 level where a break will expose

EURGBP- With EURGBP triggering a recovery following its flat close on Friday , the risk is for more upside strength to occur. As long as it holds above the 0.8245/49 levels, our corrective upside view remains intact. On further recovery higher, the

EURUSD: Declines, Follow Through Lower EURUSD: With EUR extending its sell off during Thursday trading session today, further weakness is expected in the days ahead. On the downside, support lies at the 1.3700 level and then the 1.3631 level. Below

EURUSD: With EUR following through higher on the back of its Wednesday gains, further strength is likely. Resistance resides at the 1.4000 level where we may see the bears come in and push the pair lower. However, if this fails to occur, further

EURUSD: Having EUR managed to closed higher the past week after testing a high of 1.3966 level, risk points higher. However, with the 1.4000 level resistance nearby it may continue to fail ahead of that level with downside risk envisaged. Resistance

USDJPY: Bull Pressure Builds Up USDJPY: With the pair seen building on its Tuesday rally, further bullish offensive is expected towards the 102.82 level. A cut through here will pave the away for a run at the 103.43 level, its Jan 29 2014 high. Above

USDCHF: With continued weakness seeing USDCHF testing a low of 0.8776 before closing lower at the 0.8801 level on Friday , further decline remains intact. It requires a break and close below the 0.8798 level, its Dec 27 2013 low and the 0.8776 level

GOLD: Vulnerable To The Downside GOLD: GOLD remains vulnerable to the downside having continued to maintain below the 1,345.28 level. We believe its present bear threat is temporary suggesting it will fade and return to mentioned level. However, it