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Post publicado EURUSD: Retains Its Broader Downside Bias But With Caution
EURUSD: The pair continues to hold on to its downside pressure leaving risk lower in the new week. However, we could see a mild price recovery higher. On the down, support lies at the 1.0400 level where a violation will aim at the 1.0350 level. A break of here will aim at the 1.0300 level...
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Post publicado GOLD: Targets Further Recovery On Price Rejection
GOLD: The commodity turned back higher after rejecting lower level prices on Monday. On the downside, support comes in at the 1,150.00 level where a break will turn attention to the 1,140.00 level. Further down, a cut through here will open the door for a move lower towards the 1,130.00 level...
FXTechstrategy.com
Post publicado EURUSD: Weakens, Broader Bias Remains Lower
EURUSD: The pair rejected higher prices to sell off and close lower the past week. On the down, support lies at the 1.0500 level where a violation will aim at the 1.0450 level. A break of here will aim at the 1.0400 level. Its daily RSI is bearish and pointing lower supporting this view...
FXTechstrategy.com
Post publicado GBPUSD: Sees Price Hesitation With Downside Bias
GBPUSD: The pair turned lower on Wednesday leaving risk of more weakness on the cards. However, its correction higher is not over yet. On the downside, support lies at the 1.2600 level where a break will turn attention to the 1.2550 level. Further down, support lies at the 1.2500 level...
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Post publicado EURUSD: Retains Recovery Threats, Trades Above Key Support
EURUSD: The pair continues to retain its upside pressure on correction. On the down, support lies at the 1.0700 level where a violation will aim at the 1.0650 level. A break of here will aim at the 1.0600 level. Conversely, on the upside, resistance comes in at 1...
FXTechstrategy.com
Post publicado EURUSD: Retains Recovery Threats With Eyes On More Strength
EURUSD: The pair continues to push higher leaving risk of further strength on the cards. On the down, support lies at the 1.0700 level where a violation will aim at the 1.0650 level. A break of here will aim at the 1.0600 level. Conversely, on the upside, resistance comes in at 1...
FXTechstrategy.com
Post publicado GBPUSD: Eyes Further Upside On Bull Pressure
GBPUSD: The pair closed strongly higher the past week and looks to extend that strength in the new week. On the downside, 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...
FXTechstrategy.com
Post publicado EURUSD Retains Recovery Threats With Eyes On 1.0759 Zone
EURUSD: The pair continues to seek for recovery though closing marginally higher on Friday. On the down, support lies at the 1.0600 level where a violation will aim at the 1.0550 level. A break of here will aim at the 1.0500 level. Conversely, on the upside, resistance comes in at 1...
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Post publicado CRUDE OIL: Extends Bullish Offensive On Rally
CRUDE OIL: With the commodity rallying for two days in a row, more price extension is likely in the days ahead. On the downside, support resides at the 51.00 level where a break will expose the 50.00 level. A cut through here will set the stage for a run at the 49.00 level...
FXTechstrategy.com
Post publicado EURJPY: Resumes Its Medium Term Uptrend
EURJPY: The pair resumed its medium term on Wednesday leaving risk of additional strength on the cards in the days ahead. On the downside, support comes in at the 120.00 level where a break will aim at the 119.50 level. A turn below here will target the 119...
FXTechstrategy.com
Post publicado EURUSD Rejects Higher Level Prices With Risk More Weakness Envisaged
EURUSD: The pair continues to retain its broader downside pressure having rejected higher prices on Monday. This development leaves EURUSD vulnerable to the downside in the days ahead. On the down, support lies at the 1.0550 level where a violation will aim at the 1.0500 level...
FXTechstrategy.com
Post publicado GOLD: Follows Through Higher On Recovery Higher
GOLD: The commodity strengthened on the back of its Friday rejection candle on Monday. This has left it targeting further upside pressure in the days ahead. On the downside, support comes in at the 1,180.00 level where a break will turn attention to the 1,170.00 level...
FXTechstrategy.com
Post publicado EURUSD: Halts Weakness, Recovery Risk Remains On The Cards
EURUSD: The pair continues to retain its broader downside pressure but faces corrective recovery threats in the new week after halting its broader weakness the past week. On the down, support lies at the 1.0500 level where a violation will aim at the 1.0450 level...
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Post publicado USDCHF: Loses Upside Momentum, Eyes 1.0091 Level
USDCHF: The pair remains biased to the downside on corrective weakness threats having followed through lower during Friday trading session. On the downside, support lies at the 1.0100 level. A turn below here will open the door for more weakness towards the 1.0050 level and then the 1.0000 level...
FXTechstrategy.com
Post publicado GOLD: Weakens On Sell-Off, Resumes Trend
GOLD: Having the commodity sold off strongly on Wednesday, further weakness is likely. On the downside, support comes in at the 1,180.00 level where a break will turn attention to the 1,170.00 level. Further down, a cut through here will open the door for a move lower towards the 1,160.00 level...
FXTechstrategy.com
Post publicado GBPUSD: Recovers Higher With Eyes On 1.2591 Zone
GBPUSD: The pair closed higher on Monday leaving risk higher in the days ahead. On the downside, support lies at the 1.2450 level where a break will turn attention to the 1.2400 level. Further down, support lies at the 1.2350 level. Below here will set the stage for more weakness towards the 1...
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Post publicado GOLD: Looks To Decline Further On Bearishness
GOLD: Having the commodity closed lower the past week, further bearishness is envisaged. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door for a move lower towards the 1,180.00 level...
FXTechstrategy.com
Post publicado EURUSD: Sees Price Extension On Bear Pressure
EURUSD: The pair weakened further the past week leaving risk lower in the new week. On the down, support lies at the 1.0550 level where a violation will aim at the 1.0500 level. A break of here will aim at the 1.0450 level. Its weekly RSI is bearish and pointing lower suggesting further weakness...
FXTechstrategy.com
Post publicado GOLD Puts In Temporary Bottom
GOLD: Having halted its downside pressure to close higher on Tuesday, further recovery is expected. On the downside, support comes in at the 1,220.00 level where a break will turn attention to the 1,210.00 level...
FXTechstrategy.com
Post publicado GOLD: Risk Remains Lower On Additional Bear Pressure
GOLD: Risk Remains Lower On Additional Bear Pressure GOLD: Having retained its downside pressure, more weakness is likely. On the downside, support comes in at the 1,220.00 level where a break will turn attention to the 1,210.00 level...