FXTechstrategyTeam / Profile

EURUSD : Although EUR may be struggling above its rising trendline, its broader upside bias remains intact in the medium term. However, it will have to retake the 1.3739 level, its Jan 24 2014 high to trigger further upside pressure towards the

USDCHF : With USDCHF reversing almost all of its previous week losses to close higher at the end of the week, the risk is for the pair to recapture the 0.9126 level in the new week. Above here will trigger the resumption of its short term recovery

AUDUSD : With a third day of downside pressure seeing AUDUSD breaking through its key support at the 0.8822 level, further weakness is envisaged. Support lies at 0.8750 level, its psycho level where bulls may come in. However, if that level fails to

CRUDE OIL: The commodity continues to sell off declining further today on the back of the past week losses. This development has exposed its immediate support located at the 93.00 level where a violation will turn focus to the 92.10 level, its Dec

EURJPY- The cross turned lower the past week following a back off higher level prices and declined further during Monday trading session . This development leaves it weak and vulnerable to the downside with eyes on the 141.49 level where a breach

EURUSD : With EUR reversing its previous week gains to close lower on sell off, there is risk of continued weakness in the new week. While the pair holds below the 1.3624 level, further decline cannot be avoided. Further down, support stands at the

USDJPY: With USDJPY halting its one-day pullback and closing higher for a second day in a row on Tuesday , a build on strength is expected on market resumption. In such a case, the 104.62 level. A violation of here will aim at the 105. towards the

GOLD: With GOLD’s recovery now in trouble following a lower close on Monday , a return to the 1,187.17 level is expected. Further down, support comes in at the 1,150.00 level with a violation of here shifting attention to the 1,100.00 level. A turn

GBPUSD : With continued upside risk seen, GBP looks to eventually retake the 1.6483 level, representing its Dec 2013 high. As long as it trades and holds above the 1.6259 level, its broader bias remains higher in the medium term. Resistance resides

AUDUSD : With AUDUSD rallying through the 0.8957 level, its Dec 23 2013 high to resume its corrective recovery, there is risk of continued upside in the days ahead. This development leaves further bull pressure towards the 0.9050 level, its psycho

EURUSD: EUR continues to maintain its broader medium term uptrend following a higher close the past week. Though backing off higher prices and closing below the 1.3831 level, the mentioned uptrend remains intact. However, the challenge is for the

USDCAD : With USDCAD holding on its broader uptrend, it now requires a break and hold above the 1.0736 level. A cut through here will pave the way for a run at the 1.0800 level where a violation will turn attention to the 1.0850 level and then the

US Dollar Index: With the Index bearish and threatening further downside, there risk of continued weakness in the days ahead. This development leaves it targeting the 79.68 level, its Dec 27 2013 low where a decisive violation will resume its medium

USDCHF: With USDCHF selling off strongly during Friday’s trading session , the risk is for continued weakness to occur towards the 0.8831/00 levels. Bulls may come in here and turn the pair higher but if that level is broken anticipate further

USDJPY : With the pair bullish and threatening further upside, more gains are likely in the days ahead. Resistance resides at the 105.00 level. Above here will resume its broader upside towards the 105.50 level. Further out, resistance resides at the

US Dollar Index: With the Index bullish and threatening further upside, more strength is expected. However, it will have to break and hold above its declining trendline currently at the 80.61 level to trigger further strength. This if seen will

EURUSD : With EUR’s broader bias remaining to the upside in the medium, further gains is likely in the days ahead. Resistance resides at the 1.3831 level. A cut through here will expose the 1.3850 level. Further out, resistance is seen at the 1.3900

GOLD: Although closing marginally lower the past week, GOLD continues to retain its downside bias. Immediate support lies at the 1,211.65 level. A cut through here will aim at the 1,200.00 level with a turn below here calling for a retake of the

EURUSD : EUR looks to extend its bullishness in the new week having continued to hold on to its medium term uptrend. Further out, resistance resides at the 1.3831 level where a break will aim at the 1.3900 level. Price hesitation may occur here but

USDCHF : With USDCHF continuing to weaken and threatening further downside, further decline is expected in the new week. Support comes in at the 0.8800 level. Bulls may come in here and turn it higher but if that level is broken anticipate further