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FXTechstrategy.com
Post publicado EURUSD Loses Upside Pressure, Vulnerable To The Downside
EURUSD: With the pair rejecting higher prices to close lower on Tuesday, more weakness is likely. Support lies at the 1.1000 level. Further down, support comes in at the 1.0950 level where a violation will aim at the 1.0900 level. A break of here will target the 1.0850 level...
FXTechstrategy.com
Post publicado GBPUSD: Bullish, Follows Through On Correction
GBPUSD: The pair turned higher on Monday leaving risk to the upside on correction in the days ahead. It was seen heading higher during early trading on Yuesday. On the downside, support lies at the 1.3000 level where a break will turn attention to the 1.2950 level...
FXTechstrategy.com
Post publicado GOLD: Bullish, Targets Key Resistance
GOLD: The commodity extended its recovery the past week leaving risk higher in the days ahead. On the downside, support comes in at the 1,355.00 level where a break will turn attention to the 1,250.00 level. Further down, a cut through here will open the door for a move lower towards the 1,340...
FXTechstrategy.com
Post publicado EURUSD Threatens Further Weakness Towards 1.0909 Level
EURUSD: With a reversal of its previous week’s gains seen the past week, more decline is envisaged. Support lies at the 1.1000 level. Further down, support comes in at the 1.0950 level where a violation will aim at the 1.0900 level. A break of here will target the 1.0850 level...
FXTechstrategy.com
Post publicado CRUDE OIL Remains Vulnerable On Correction
CRUDE OIL: The commodity continues to face downside pressure weakening on Thursday to open the door for more weakness. On the downside, support resides at the 45.00 level where a break will expose the 44.00 level. A cut through here will set the stage for a run at the 43.00 level...
FXTechstrategy.com
Post publicado EURJPY: Bear Pressure Remains Intact
EURJPY: Having continued to hold on to its downside pressure, more bearishness is envisaged. Support comes in at the 111.00 level where a break will aim at the 110.50 level. A turn below here will target the 110.00 level with a breach turning focus to the 109.50 level...
FXTechstrategy.com
Post publicado USDJPY: Looks To Recover Higher With Eyes On 102.00
USDJPY: The pair halted its weakness to print a rejection candle on Wednesday leaving risk of recovery on the cards. While it continues to reject lower level prices, we look for it to head higher on correction. On the downside, support comes in at the 101...
FXTechstrategy.com
Post publicado EURUSD: Faces Recovery Threats On Price Halt
EURUSD: Having EURUSD halted its weakness to close higher on a rejection candle on Wednesday, further bullishness is envisaged. Support lies at the 1.1050 level. Further down, support comes in at the 1.1000 level where a violation will aim at the 1.0950 level. A break of here will target the 1...
FXTechstrategy.com
Post publicado USDCHF Loses Upside Momentum, Vulnerable
USDCHF: Having the pair lost upside pressure, further decline looks to follow lower. 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 GOLD: Risk Points Higher, Retains Bullish Offensive
GOLD: The commodity continues to target more recovery leaving risk towards the 1,365.00 zone. On the downside, support comes in at the 1,350.00 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 1,330...
FXTechstrategy.com
Post publicado GBPUSD Weakens, Retains Medium Term Bearish Bias
GBPUSD: The pair looks set to resume its broader medium term weakness following its sell-off during Tuesday trading session. On the downside, 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...
FXTechstrategy.com
Post publicado USDJPY Sets Up To Weaken Medium Term
USDJPY: The pair remains weak and vulnerable to the downside in the medium term. Thus development has left the pair targeting further weakness. On the downside, support comes in at the 102.00 level where a break if seen will aim at the 101.50 level. A cut through here will turn focus to the 101...
FXTechstrategy.com
Post publicado GBPUSD: Bearish, Retains Downside Bias Medium Term
GBPUSD: The pair continues to hold on to its downside pressure closing lower the past week and leaving risk lower in the medium term. On the downside, support lies at the 1.3200 level where a break will turn attention to the 1.3150 level. Further down, support lies at the 1.3100 level...
FXTechstrategy.com
Post publicado GOLD: Risk Builds Up On The 1,358.00 Zone.
GOLD: The commodity continues to face upside pressure leaving risk higher in the new week. On the downside, support comes in at the 1,330.00 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 1,310...
FXTechstrategy.com
Post publicado EURUSD Eyes Further Bullishness On Corrective Recovery
EURUSD: Having halted its weakness to close higher the past week, we look for more strength to occur in the new week. Support lies at the 1.1100 level. Further down, support comes in at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will target the 1.0950 level...
FXTechstrategy.com
Post publicado USDCHF: Set To Weaken, Loses Upside Momentum
USDCHF: With the pair losing upside momentum to close on a rejection candle the past week. This has set the pair up for a move lower in the new week. 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...
FXTechstrategy.com
Post publicado AUDUSD: Recovery Risk Continues To Build Up On 0.7500 Zone
AUDUSD. With the pair remaining biased to the upside, more strength is expected. On the downside, support resides at the 0.7400 level where a breach will aim at the 0.7350 level. Below that level will set the stage for a run at the 0...
FXTechstrategy.com
Post publicado GBPUSD: Bullish, Recovery Risk Remains Valid
GBPUSD: The pair strengthened further on Wednesday leaving risk on the upside. However, its broader medium term outlook remains lower. On the downside, support lies at the 1.3400 level where a break will turn attention to the 1.3350 level. Further down, support lies at the 1.3300 level...
FXTechstrategy.com
Post publicado EURUSD: Targets The 1.1130 Resistance Zone But With Caution
EURUSD: Having EURUSD closed higher on Wednesday, it could face further upside. This development if seen will aim at its key overhead resistance at 1.1130 zone. On the downside, support lies at the 1.1100 level. Further down, support comes in at the 1...
FXTechstrategy.com
Post publicado EURJPY Sees Recovery On Correction
EURJPY: The pair remains biased to the upside on correction though retaining its broader medium term downtrend. Support comes in at the 113.00 level where a break will aim at the 112.50 level. A turn below here will target the 112.00 level with a breach turning focus to the 111.50 level...