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FXTechstrategyTeam
Added topic USDCHF Looks For More Strength On Recovery
USDCHF: Having halted its weakness to close higher the past week, USDCHF looks for more strength on recovery. This is coming on the back of its price halt at 0.9786 level on Dec 14 2015. A build up on that strength should call for a run at 0.9990
FXTechstrategyTeam
Added topic GBPJPY: Price Weakness Seen On Loss Upside Momentum
GBPJPY: With price weakness seen on loss upside momentum , further bear pressure is envisaged in the days ahead. This view remains valid as long as GBPJPY trades and holds below the 185.38/186.34 resistance zone. On the downside, support comes in at
FXTechstrategyTeam
Added topic GOLD Remains Weak And Declining On Bear Pressure
GOLD: With the commodity continuing to hold on to its downside bias, GOLD remains weak and declining on bear pressure with eyes the 1058.00 zone. On the downside, support comes in at the 1050.00 level where a break will turn attention to the 1040.00
FXTechstrategyTeam
Added topic USDCHF Weakened For Second Week In A Row
USDCHF: Having USDCHF weakened for second week in a row, it now looks to extend that weakness in the new week. The present bearishness is coming on the back of its downside pressure triggered from the 1.0319 level on Nov 30th 2015. On the downside
FXTechstrategyTeam
Added topic EURUSD Retains Its Bullish Bias But With Caution
EURUSD: Having followed through higher the past week, EURUSD retains its bullish bias but with caution. However, the immediate risk is the resistance located at the 1.1086/96 zone. While that region caps, we are likely to see pullback early in the
FXTechstrategyTeam
Added topic EURUSD Eyes Price Extension On Bullish Offensive
EURUSD: With a strong rally occurring the past week, EURUSD eyes price extension on bullish offensive. However, it may pullback after such a strong move. On the upside, resistance is comes at 1.0900 level with a cut through here opening the door for
FXTechstrategyTeam
Added topic EURGBP: Bull Pressure Now Builds Up On Resistance Zone
EURGBP- Having reversed its intra day losses to close slightly higher on a rejection candle on Monday , bull pressure now builds up on resistance zone at 0.7250. On the upside, resistance lies at the 0.7240 level where a violation if seen will turn
FXTechstrategyTeam
Added topic USDJPY Eyes Further Downside Pressure On Price Failure
USDJPY: With price action remaining weak and vulnerable to the downside, USDJPY eyes further downside pressure. This price development is coming on the back of its failed attempts on the upside. While the pair holds below its key resistance zone at
FXTechstrategyTeam
Added topic EURUSD Looks To Resume Short Term Uptrend
EURUSD: Having taken back its Monday losses to close higher on Tuesday , EURUSD looks to resume short term uptrend triggered from the 1.0521 level. While the 1.0829/1.0796 zone continues to hold as support, the pair should build up on the mentioned
FXTechstrategyTeam
Added topic GBPUSD Faces Further Bullish Offensive
GBPUSD: Having rallied strongly to reverse its three-day weakness to close higher on Wednesday , GBPUSD faces further bullish offensive. This development leaves more upside threats likely towards the 1.5200 level. Support lies at the 1.5100 level
FXTechstrategyTeam
Added topic GBPUSD Targets Further Bullish Corrective Recovery
GBPUSD: Having triggered a higher close on Monday , GBPUSD targets further bullish corrective recovery in the days ahead. Support lies at the 1.5000 level where a break will turn attention to the 1.4950 level. Further down, support lies at the 1.4900
FXTechstrategyTeam
Added topic EURUSD Looks To Maintain Above Key Support Zone
EURUSD: Having continued to see price hesitation, EURUSD looks to maintain above key support as temporary bottom scenario is developing. If it can hold and trade above the 1.0519/00 zone this view should continue to hold. On the downside, support
FXTechstrategyTeam
Added topic USDJPY Corrective Pullback Risk Remains In Place
USDJPY: Having continued to maintain below the 123.74/99 zone and weakening on Tuesday , USDJPY corrective pullback risk remains in place. On the downside, support comes in at the 122.50 level where a break if seen will aim at the 122.00 level. A cut
FXTechstrategyTeam
Added topic GBPJPY Threatens Short Term Trend Resumption
GBPJPY: With price failure occurring on Tuesday , GBPJPY threatens short term trend resumption. If it continues to hold below the 186.01 level, we look for a move lower with eyes on the 184.24 level. On the upside, resistance is seen at the 186.00
FXTechstrategyTeam
Added topic USDCHF Faces Bear Pressure On Correction
USDCHF faces corrective pullback pressure following its Wednesday sharp sell. This leaves the pair targeting its big support located at the 1.0127 level. On the downside, support lies at the 1.0150 level. A turn below here will open the door for more
FXTechstrategyTeam
Added topic GBPUSD Rallied On Bullish Momentum
GBPUSD: Having GBPUSD rallied on bullish momentum on Thursday , it now targets the 1.5200 level on further bullish offensive. With that said, resistance stands at the 1.5200 levels with a turn above here allowing more strength to build up towards the
FXTechstrategyTeam
Added topic GOLD Looks To Build Up On Its Corrective Pressure
GOLD: Having halted its broader weakness on a long-tailed candle formation on Thursday , GOLD looks to build up on its corrective pressure. While the commodity holds and trades above the 1046.30 level, recovery threat is expected. On the upside
FXTechstrategyTeam
Added topic USDCAD Outlook Lower Towards 1.3446/24 Zone
USDCAD: The pair declined on Tuesday after triggering a corrective pullback and leaving USDCAD outlook lower towards 1.3446/35 zone risk. On the downside, support lies at the 1.3250 level followed by the 1.3200 level. Further down, support stands at
FXTechstrategyTeam
Added topic NZDUSD Targets Further Strength On Correction
NZDUSD: With the pair reversing its Monday losses to close higher on Tuesday, NZDUSD targets further bullishness. This view is in line with its loss of downside momentum on the weekly chart the past week. Support lies at the 0.6500 level where a
FXTechstrategyTeam
Added topic GBPUSD Targets Further Price Build Up
GBPUSD: GBPUSD targets further price build up following its temporary bottom on Wednesday . It looks to extend its recovery towards the 1.5196/99 zone. leaving risk of further move higher. On the downside, support lies at the 1.5100 level where a