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Post publicado GBPUSD Hesitates Below Key Resistance Zone
GBPUSD: The pair continues to see price hesitation below its key resistance at 1.3337 level. However, while that resistance remains unbroken, we could see the pair weaken. Support lies at the 1.3250 level where a break will turn attention to the 1.3200 level. Further down, support lies at the 1...
FXTechstrategy.com
Post publicado EURUSD Closes Higher But With Caution Of Pullback
EURUSD: With the pair taking back its previous week losses at the end of the week, more recovery could be seen. However, beware of correction pullback. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level...
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Post publicado USDCHF: Risk Builds Up On The Upside
USDCHF: With the pair closing marginally lower on rejection candle on Friday, it now looks to recover further higher. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level...
FXTechstrategy.com
Post publicado EURGBP Remains Vulnerable To The Downside On Bear Pressure
EURGBP- The cross remains biased to downside as it followed through lower on the back of its Thursday losses during Friday trading session today. Support lies at the 0.8850 level where a violation will turn focus to the 0.8800 level. A break will expose the 0.8750 level...
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Post publicado GOLD Sees Price Extension On Bull Pressure
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Post publicado USDCHF Pressures Further Downside On Correction Weakness
USDCHF: With the pair selling off on Tuesday and seen following through lower on Wednesday, more weakness is envisaged in the days ahead. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level...
FXTechstrategy.com
Post publicado EURUSD Rallies, Remains On The Corrective Offensive
EURUSD: With the pair rallying to extend its price correction on Tuesday, more strength is expected in the days ahead. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1...
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Post publicado GBPUSD Triggers Corrective Recovery, Eyes More Strength
GBPUSD: With the pair halting its broader weakness to trigger a strong correction on Monday, more strength is expected. Support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level...
FXTechstrategy.com
Post publicado EURUSD Closes Lower But With Warning Of Correction
EURUSD: With the pair extending its weakness other past week, more decline is envisaged. However, we should see a recovery higher in the new week. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level...
FXTechstrategy.com
Post publicado USDCHF Closes Lower On Bull Price Rejection
USDCHF: With the pair rejecting higher prices to close flat on Friday, more weakness is envisaged in the new week. On the downside, support lies at the 0.9550 level. A turn below here will open the door for more weakness towards the 0.9500 level and then the 0.9450 level...
FXTechstrategy.com
Post publicado GBPUSD Continues To Face Downside Pressure Short Term
GBPUSD: The pair continues to hold on to its downside pressure extending it during Friday trading session. Support lies at the 1.3050 level where a break will turn attention to the 1.3000 level. Further down, support lies at the 1.2950 level...
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Post publicado GBPJPY: Bearish, Retains Its Downside Pressure
GBPJPY: The cross remains vulnerable to the downside on further weakness as it retains its bearish bias. On the downside, support comes in at the 148.00 level where a violation will aim at the 147.50 level. A break below here will target the 147.00 level followed by the 146.50 level...
FXTechstrategy.com
Post publicado GOLD Puts In Temporary Bottom, Eyes More Recovery
GOLD: The commodity put in a temporary bottom and triggered a corrective recovery on Wednesday. This development has opened the door for more strength. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level...
FXTechstrategy.com
Post publicado EURUSD Backs Off Lower Prices, Trades Above 1.1716/00 Zone
EURUSD: With the pair backed off higher prices head of its key support zone at 1.1700 zone during Tuesday trading session today. While it trades above the 1.1716/00 zone, we expect a move higher to occur. Resistance comes in at 1...
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Post publicado GBPUSD: Sells Off On Bear Pressure
GBPUSD: The pair weakened strongly on Monday opening the door for more price extension. Support lies at the 1.3250 level where a break will turn attention to the 1.3200 level. Further down, support lies at the 1.3150 level. Below here will set the stage for more weakness towards the 1.3100 level...
FXTechstrategy.com
Post publicado EURUSD Closes Lower For The Week But With Caution
EURUSD: With the pair closing lower the past week, more weakness should follow. However, we may see a recovery higher following its Friday recovery (see daily chart). Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level...
FXTechstrategy.com
Post publicado USDCHF Sets Up To Weaken Further On Loss Of Momentum
USDCHF: With the pair rejecting higher prices to close lower the past week, more weakness is envisaged in the new week. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level...
FXTechstrategy.com
Post publicado USDJPY: Vulnerable On Loss Of Upside Pressure
USDJPY: The pair closed lower on Thursday leaving risk on further downside on the cards. On the downside, support comes in at the 112.00 level where a break if seen will aim at the 111.50 level. A cut through here will turn focus to the 111.00 level and possibly lower towards the 110.50 level...
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Post publicado CRUDE OIL Remains Bullish, Resumes its Broader Medium Term Uptrend
CRUDE OIL: With the commodity bullish and resuming its broader medium term uptrend on Thursday, further strength is expected in the days ahead. On the downside, support resides at the 52.00 level where a break will expose the 51.50 level. A cut through here will set the stage for a run at the 51...
FXTechstrategy.com
Post publicado GOLD Reverses Gain, Targets Further Weakness
GOLD: The commodity closed lower after reversing its Monday gains on Tuesday. This saw it following through lower during early trading on Wednesday. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level...