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  1. FXTechstrategy

    EURUSD Biased To The Upside On Recovery Medium Term

    EURUSD continues to face risk of further upside pressure as we enter a new week. Resistance comes in at the 1.1750 with a break of that area turning risk towards the 1.1800 level. A move above here will target the 1.1850 level. Further up, resistance stands at the 1.1800. On the down, support...
  2. FXTechstrategy

    AUDUSD Bullish, Remains On The Offensive

    AUDUSD Bullish, Remains On The Offensive AUDUSD remains biased to the upside retaining its short term trend and looking for further gain. On the downside, support comes in at the 1.7150 level. A cut through here will turn focus to the 0.7100 level and then the 0.7050 level. A violation will set...
  3. FXTechstrategy

    EURJPY Halts Weakness, Faces Recovery Risk

    EURJPY Halts Weakness, Faces Recovery Risk EURJPY faces risk of further move higher halting its weakness on Thursday. On the downside, support comes in at the 122.50 level where a break will turn focus towards the 122.00 level. A cut through here will see a move towards the 121.50 level and...
  4. FXTechstrategy

    USDCHF Rallies, Eyes Further Upside Pressure

    USDCHF continues to face recovery risk as it saw a rally on Monday. On the downside, support comes in at the 0.9100 level. Below here leaves support at the 0.9050 level and then the 0.9000 level. Further down, support comes in at the 0.8950 level. On the upside, resistance is located at the...
  5. FXTechstrategy

    CRUDE OIL Broader Upside Bias Remains Valid

    CRUDE OIL looks to strengthen further as it looks to resume its broader uptrend. Support lies at the 40.50 level where a break will turn attention to the 40.00 level. A push through here will set the stage for a run at the 39.50 level. Further down, support comes in at the 39.00. Its daily RSI...
  6. FXTechstrategy

    GBPUSD Looks To Weaken Further Lower

    GBPUSD looks to correct further lower as it holds on to its downside pressure. Support stands at 1.2300 area with a break turning focus to the 1.2250 level. Further down, support lies at the 1.2200 level where a violation will turn focus to the 1.2150 level. Below here will open the door towards...
  7. FXTechstrategy

    EURUSD Maintains Third Day Of Losses

    EURUSD faces risk of further move lower as it embarks on a third of bearishness. This is coming on the back of its price rejection on Tuesday. Resistance stands at the 1.1250 where a break will turn risk towards the 1.1300 level. A breach above here will target the 1.1350 level. Further up...
  8. FXTechstrategy

    USDCHF Vulnerable On Further Sell Off

    USDCHF Vulnerable On Further Sell Off USDCHF faces risk of further move lower as it sold off the past week. Resistance comes in at the 0.9400 level. Above here, resistance lies at the 0.9650 level and then the 0.9650 level. Further out, resistance stands at the 0.9700 level. On the downside...
  9. FXTechstrategy

    GBPUSD Sees Price Extension On More Decline

    GBPUSD looks to extend downside pressure as it closed lower on Thursday. Support stands at 1.2850 area with a break below that level turning focus to the 1.2800 level. Further down, support lies at the 1.2750 level where a violation will turn focus to the 1.2700 level. Below here will open the...
  10. FXTechstrategy

    EURUSD Declines Further Lower On Bearishness

    EURUSD faces risk of further move lower as it sold off the past week. Resistance comes in at the 1.0850 where a break will turn risk to the 1.0900 level. A breach below here will target the 1.0950 level. Further up, resistance stands at the 1.1000. Conversely, on the downside, support comes in...
  11. FXTechstrategy

    EURUSD Sets Up To Weaken Further Towards 1.1034 Level

    EURUSD with the pair continuing to retain its downside pressure, more decline is expected. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1200 level. A breach below here will target the 1.1250 level. Further up, resistance stands at the 1.1300. Conversely, on the...
  12. FXTechstrategy

    GBPUSD Retains Short Term Downside Pressure With Eyes On 1.2930

    GBPUSD remains vulnerable to the downside as we look for more weakness. Support lies at 1.3000 area with a break below that level turning focus to the 1.2950 level. Further down, support comes in the 1.2900 level where a violation will shift focus to the 1.2850 level. Below here will open the...
  13. FXTechstrategy

    EURUSD Risk Continues To Point Lower On Bear Pressure

    EURUSD with the pair continuing to reject higher prices and declining on Wednesday, more decline is envisaged in the days ahead. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1200 level. A breach below here will target the 1.1250 level. Further up, resistance stands at...
  14. FXTechstrategy

    USDCHF Continues To Target The 1.0027 Level

    USDCHF with the pair retaining its short term uptrend, more strength is expected. Resistance comes in at the 1.0000 level. Above here, resistance lies at the 1.0050 level and then the 1.0100 level. Further out, resistance stands at the 1.0150 level. Its daily RSI is bullish and ,pointing higher...
  15. FXTechstrategy

    USDCAD Outlook Remains Higher In The Short Term

    USDCAD remains biased to the upside on further recovery pressure in the short term. Support lies at the 1.3150 level where a break will aim at the 1.3100 level. Further down, support comes in at the 1.3050 level where a break lower may occur. This if seen will trigger further weakness towards...
  16. FXTechstrategy

    EURUSD Retains Its Medium Term Downtrend

    EURUSD retains its medium term downtrend as it looks for more weakness in the new week. Support comes in at the 1.0900 where a break will turn risk to the 1.0850 level. A breach below here will target the 1.0800 level. Further down, support stands at the 1.0750. Conversely, on the upside...
  17. FXTechstrategy

    USDJPY Extends Gain With Eyes On The 108.47 Zone

    USDJPY looks to strengthen further as more gain is expected towards its key resistance at 108.47. On the upside, resistance comes in at 108.40 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109.50 level on a break of that area...
  18. FXTechstrategy

    AUDUSD Threatens Further Weakness Towards The 0.6700 Zone

    AUDUSD threatens further weakness towards the 0.6700 level in the new week. On the upside, resistance lies at the 1.6800 level. A cut through here will turn focus to the 0.6850 level and then the 0.6900 level where a violation will set the stage for a retarget of the 0.6950 level. Support lies...
  19. FXTechstrategy

    GBPJPY Looks To Resume Short Term Uptrend

    GBPJPY Looks To Resume Short Term Uptrend GBPJPY looks to resume short term uptrend as it eyes further upside strength. On the downside, support comes in at the 135.00 level where a violation will aim at the 134.50 level. A break below here will target the 134.00 level followed by the 133.50...
  20. FXTechstrategy

    EURUSD Closes Higher On Price Recovery Towards 1.1163

    EURUSD faces further upside pressure following its past week higher close. Support comes in at the 1.1000 where a break will turn risk to the 1.0950 level. A breach below here will target the 1.0900 level. Further down, support stands at the 1.0850. Conversely, on the upside, resistance comes in...
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