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Post publicado USDCHF Weakens, Eyes Further Bearishness
USDCHF: With the pair closing lower on Tuesday, further bearishness is envisaged. 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 NZDUSD: Sells Off, Resumes Downside Pressure
NZDUSD: The pair continues to face downside pressure selling on Tuesday and leaving risk lower in the days ahead. Support lies at the 0.7200 level. Further down, the 0.7150 level comes in as the next downside target. Its daily RSI is bearish and pointing lower suggesting more weakness...
FXTechstrategy.com
Post publicado USDCHF: Reverses Its Losses To Close Higher
USDCHF: With the pair backing off lower prices following a reversal of its intra day losses to close higher on Friday, more strength should build up. 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...
FXTechstrategy.com
Post publicado GOLD Recovers, Looks To Strengthen Further
GOLD: The commodity has halted its weakness and triggered a recovery higher as it lookd for more correction. On the downside, support comes in at the 1,215.00 level where a break will turn attention to the 1,210.00 level...
FXTechstrategy.com
Post publicado EURUSD Weakens Further, Risk Remains Lower
EURUSD: The pair closed lower on Monday opening the door for more weakness in the days ahead. Resistance comes in at 1.1400 level with a cut through here opening the door for more upside towards the 1.1450 level. Further up, resistance lies at the 1.1500 level where a break will expose the 1...
FXTechstrategy.com
Post publicado GOLD: Bearish, Risk Remains Lower With Eyes On 1,236.02
GOLD: The commodity continues to face downside pressure leaving risk to the downside. On the downside, support comes in at the 1,230.00 level where a break will turn attention to the 1,220.00 level. Further down, a cut through here will open the door for a move lower towards the 1,210.00 level...
FXTechstrategy.com
Post publicado EURUSD: Rallies, Remains On Bullish Offensive
EURUSD: The pair closed higher on a rally the past week leaving risk of price extension on the cards. Resistance comes in at 1.1500 level with a cut through here opening the door for more upside towards the 1.1550 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Post publicado EURGBP Closes Lower On Higher Price Rejection
EURGBP- The cross closed lower the past week after rejecting higher prices. This development now leaves risk lower as we enter a new week. Support lies at the 0.8700 level where a violation will turn focus to the 0.8650 level. A break will expose the 0.8600 level. Resistance resides at the 0...
FXTechstrategy.com
Post publicado USDJPY Bullish, Threatens Further Upside Pressure
USDJPY: The pair continues to press higher as it saw price extension during Thursday trading today. 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...
FXTechstrategy.com
Post publicado GBPUSD Remains Bullish, Eyes Further Upside Pressure
GBPUSD: The pair continues to face upside pressure following its higher close on Tuesday. Support lies at the 1.2750 level where a break will turn attention to the 1.2700 level. Further down, support lies at the 1.2650 level. Below here will set the stage for more weakness towards the 1...
FXTechstrategy.com
Post publicado EURUSD: Rallies Strongly on Price Reversal
EURUSD: With the pair seen rallying on Tuesday following its Monday price reversal, more strength is envisaged in the days ahead. Resistance comes in at 1.1300 level with a cut through here opening the door for more upside towards the 1.1350 level. Further up, resistance lies at the 1...
FXTechstrategy.com
Post publicado CRUDE OIL: Builds Up On Bull Recovery
CRUDE OIL: The commodity continues to retain its upside pressure on correction. On the downside, support resides at the 43.00 level where a break will expose the 42.50 level. A cut through here will set the stage for a run at the 42.00 level. Further down, support resides at the 41.50 level...
FXTechstrategy.com
Post publicado USDJPY: Looks To Recover Higher Nearer Term
USDJPY: The pair is now see a move higher with more strength envisaged. On the downside, support comes in at the 111.00 level where a break if seen will aim at the 110.50 level. A cut through here will turn focus to the 110.00 level and possibly lower towards the 109.50 level...
FXTechstrategy.com
Post publicado GBPUSD Recovers Higher Within Trading Range
GBPUSD: The pair continues to face upside pressure but within its established range. Support lies at the 1.2700 level where a break will turn attention to the 1.2650 level. Further down, support lies at the 1.2600 level. Below here will set the stage for more weakness towards the 1.2550 level...
FXTechstrategy.com
Post publicado GBPUSD: Recovers Higher Within Trading Range
GBPUSD: The pair continues to face upside pressure but within its established range. Support lies at the 1.2700 level where a break will turn attention to the 1.2650 level. Further down, support lies at the 1.2600 level. Below here will set the stage for more weakness towards the 1.2550 level...
FXTechstrategy.com
Post publicado EURGBP: Continues To Retain Its Upside Pressure
EURGBP- The cross continues to retain its short term uptrend as it looks to resume upside pressure. Support lies at the 0.8800 level where a violation will turn focus to the 0.8750 level. A break will expose the 0.8700 level. Resistance resides at the 0...
FXTechstrategy.com
Post publicado AUDUSD: Weakens, Faces Further Bear Pressure
AUDUSD. The pair continues to hold on to its downside pressure leaving risk lower. On the downside, support resides at the 0.7500 level where a breach will aim at the 0.7450 level. Below that level will set the stage for a run at the 0...
FXTechstrategy.com
Post publicado GOLD: Bearish, Targets Further Weakness
GOLD: The commodity continues to face downside pressure on bearishness. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level. Further down, a cut through here will open the door for a move lower towards the 1,220.00 level...
FXTechstrategy.com
Post publicado USDJPY: Extends Upside Pressure On Bullish Bias
USDJPY: The pair continues to face upside pressure as it closed higher on Monday. On the downside, support comes in at the 111.00 level where a break if seen will aim at the 110.50 level. A cut through here will turn focus to the 110.00 level and possibly lower towards the 109.50 level...
FXTechstrategy.com
Post publicado GOLD: Targets Further Weakness On Bearishness
GOLD: The commodity continues to face its pullback threats. On the downside, support comes in at the 1,250.00 level where a break will turn attention to the 1,240.00 level. Further down, a cut through here will open the door for a move lower towards the 1,230.00 level...