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Published post EURUSD Continues To Push Lower On Bearishness
EURUSD: With the pair weakening on Monday and following through lower during Tuesday trading session, further bearishness 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...
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Published post GBPUSD: Bear Pressure Builds Up Towards The 1.3381 Zone
GBPUSD: The pair remains weak and vulnerable to the downside as it took back its early intra day gains during Monday trading session. This leaves risk lower on more bear pressure. Support lies at the 1.3450 level where a break will turn attention to the 1.3400 level...
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Published post GOLD Retains Its Downside Pressure With Eyes On 1,276.00 Zone
GOLD: The commodity closed lower the past week leaving risk of more decline on the cards in the new week. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level...
FXTechstrategy.com
Published post EURUSD Sees Price Hesitation With Bearish Bias
EURUSD: With the pair still facing price correction despite its past week price hesitation, more correction is envisaged. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1...
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Published post USDCHF Follows Through Higher On Bull Pressure
USDCHF: With the pair following through higher on the back of previous week gains the past week, more strength should follow. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level...
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Published post EURJPY: Biased To Upside Medium Term Despite Hesitation
EURJPY: The pair continues to hold on to its broader medium term uptrend though facing price hesitation. On the downside, support comes in at the 133.50 level where a break if seen will aim at the 133.00 level. A cut through here will turn focus to the 132...
FXTechstrategy.com
Published post GBPUSD Sets Up To Weaken Further On Loss Of Upside Steam
GBPUSD: The pair saw price rejection on Wednesday leaving risk of more weakness on the cards in the days ahead. Support lies at the 1.3450 level where a break will turn attention to the 1.3400 level. Further down, support lies at the 1.3350 level...
FXTechstrategy.com
Published post EURUSD Sees Price Hesitation, Vulnerable
EURUSD: With the pair may be biased to upside in the medium term but faces a pullback risk on price hesitation. However, it will have to break and hold above its key resistance located at the 1.2091 level to prevent a return to the downside. Resistance comes in at 1...
FXTechstrategy.com
Published post GOLD Targets Further Weakness, Eyes 1,298.23 Zone
GOLD: The commodity followed through lower the past week to open the door for more on Tuesday, opening the door for additional weakness. On the downside, support comes in at the 1,300.00 level where a break will turn attention to the 1,290.00 level...
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Published post EURJPY Resumes Broader Uptrend, Remains On THe Offensive
EURJPY: The pair remains offensive following its trend resumption the past week. On the downside, support comes in at the 133.00 level where a break if seen will aim at the 132.50 level. A cut through here will turn focus to the 132.00 level and possibly lower towards the 131.50 level...
FXTechstrategy.com
Published post GOLD Targets Further Weakness Towards Psycho Support at 1,300.00 Zone
GOLD: The commodity closed lower the past week to open the door for more weakness. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290.00 level...
FXTechstrategy.com
Published post EURUSD: Broader Bias Remains Higher But With Caution
EURUSD: With the pair still holds on to its broader uptrend despite lower close the past week. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1.2100 level where a break will expose the 1...
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Published post EURUSD Backs Off Lower Prices, Eyes Further Upside Pressure
EURUSD: With the pair halting its weakness to close higher on Thursday, a move further higher is envisaged. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1...
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Published post EURGBP: Tumbles, Continues To Retain Its Downside Pressure
EURGBP- The cross continues to hold on to its downside pressure selling off on Thursday and opening the door for more weakness. Support lies at the 0.8850 level where a violation will turn focus to the 0.8800 level. A break will expose the 0.8850 level. Resistance resides at the 0...
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Published post CRUDE OIL Targets Further Upside Pressure Towards 49.39 Zone
CRUDE OIL: The commodity is building up on its Tuesday gains as it eyes it key resistance residing at 49.39 zone. On the downside, support resides at the 48.00 level where a break will expose the 47.50 level. A cut through here will set the stage for a run at the 47.00 level...
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Published post EURUSD Sees Bear Pressure, Targets The 1.1867 Zone
EURUSD: With the pair seen closing lower on correction on Monday and following through on Tuesday, more decline is envisaged in the days ahead. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level...
FXTechstrategy.com
Published post USDJPY Triggers Corrective Recovery, Eyes 109.00 Zone
USDJPY: The pair saw a saw recovery during early trading today opening the door for correction in the days ahead. On the downside, support comes in at the 108.00 level where a break if seen will aim at the 107.50 level. A cut through here will turn focus to the 107...
FXTechstrategy.com
Published post GOLD Faces Pullback Threats Despite Bull Pressure
GOLD: The commodity looks to weaken further following its Friday price rejection. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards the 1,320.00 level...
FXTechstrategy.com
Published post EURUSD Closes Higher On Bull Pressure But With Caution
EURUSD: With the pair seen closing higher on Tuesday, more recovery is envisaged. Resistance comes in at 1.2100 level with a cut through here opening the door for more upside towards the 1.2150 level. Further up, resistance lies at the 1.2200 level where a break will expose the 1.2250 level...
FXTechstrategy.com
Published post GBPUSD: Bullish On Price Extension
GBPUSD: The pair followed through higher on Friday on the back of Thursday gains. Support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level. Below here will set the stage for more weakness towards the 1.3000 level...