Guest andengireng Posted May 31, 2017 Share Posted May 31, 2017 USD CHF May 31 2017 USDCHF is halted by the support area at H1 chart, therefore our bias for today tends to be bullish . Based on forex technical analysis, as trading strategy today you can wait for confirmation of buy signal in the reference area at the range 0.97377-0.97640 with potential rebound up to the range 0.97802-0.98065. Be careful if support 0.97377 breaks because it will turn the intraday bias to bearish and potentially will push USDCHF up to the range 0.97215-0.96952. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted May 31, 2017 Share Posted May 31, 2017 GOLD Hesitates But Still Retains Upside Bias GOLD: The commodity continues to hold on to its upside pressure short term though hesitating on Tuesday. 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. Below here if seen could trigger further downside pressure targeting the 1,220.00 level. Conversely, resistance resides at the 1,270.00 level where a break will aim at the 1,280.00 level. A turn above there will expose the 1,290.00 level. Further out, resistance stands at the 1,300.00 level. All in all, GOLD looks to strengthen further despite price hesitation Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 1, 2017 Share Posted June 1, 2017 EURJPY: Eyes Further Recovery Higher EURJPY: The With the pair continuing to hold on to its recovery pressure, more strength is now expected in the days ahead. On the downside, support comes in at the 124.00 level where a break if seen will aim at the 123.50 level. A cut through here will turn focus to the 123.00 level and possibly lower towards the 122.50 level. On the upside, resistance resides at the 125.00 level. Further out, we envisage a possible move towards the 125.50 level. Further out, resistance resides at the 126.00 level with a turn above here aiming at the 126.50 level. On the whole, EURJPY faces further recovery threats. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 3, 2017 Share Posted June 3, 2017 USDCHF Follows Through Lower On Bearishness. USDCHF: With the pair extending its weakness the past week, more decline is envisaged in the new week. 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. On the upside, resistance resides at the 0.9700 level where a break will clear the way for more strength to occur towards the 0.9750 level. Further out, resistance comes in at the 0.9800 level. All in all, USDCHF faces further bearishness in the new week. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 5, 2017 Share Posted June 5, 2017 USDJPY: Vulnerable, Retains Downside Pressure USDJPY: The pair faces further downside pressure in the short term though seen hesitating during early Monday trading. On the downside, support comes in at the 110.00 level where a break if seen will aim at the 109.50 level. A cut through here will turn focus to the 109.00 level and possibly lower towards the 108.50 level. On the upside, resistance resides at the 111.00 level. Further out, we envisage a possible move towards the 111.50 level. Further out, resistance resides at the 112.00 level with a turn above here aiming at the 112.50 level. On the whole, USDJPY looks vulnerable to the downside. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 7, 2017 Share Posted June 7, 2017 AUDUSD: Rallies, Extends Its Upside Pressure. AUDUSD. The pair continues to retain its upside pressure rallying further on Wednesday. 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 0.7400 level with a cut through here targeting further downside pressure towards the 0.7350 level. On the upside, resistance lies at the 0.7600 level. A cut through here will turn attention to the 0.7650 level and then the 0.7700 level where a violation will set the stage for a retarget of the 0.7750 level. On the whole, AUDUSD remains biased to the upside on further bullishness. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 10, 2017 Share Posted June 10, 2017 USDCHF Remains Vulnerable But With Caution USDCHF: With the pair continuing to retain its downside pressure, more decline is envisaged despite price hesitation. However, we a close higher seen the past week, further bullishness is likely. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.600 level and then the 0.9550 level. On the upside, resistance resides at the 0.9750 level where a break will clear the way for more strength to occur towards the 0.9800 level. Further out, resistance comes in at the 0.9850 level. All in all, USDCHF faces further bearishness but with caution Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 11, 2017 Share Posted June 11, 2017 EURUSD: Retains Upside Threats Despite Pullback Risk EURUSD: With the pair continuing to retain its upside pressure, more strength is envisaged though hesitating the past week. Resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1.1350 level where a break will expose the 1.1400 level. Conversely, support lies at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will aim at the 1.1050 level. All in all, EURUSD faces further recovery threats in the new week. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 13, 2017 Share Posted June 13, 2017 GOLD: The commodity continues to target downside pressure leaving risk of more downside pressure. On the downside, support comes in at the 1,260.00 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 1,240.00 level. Below here if seen could trigger further downside pressure targeting the 1,230.00 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance resides at the 1,270.00 level where a break will aim at the 1,280.00 level. A turn above there will expose the 1,290.00 level. Further out, resistance stands at the 1,300.00 level. All in all, GOLD looks to strengthen further. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 16, 2017 Share Posted June 16, 2017 EURJPY: Extends Bullish Recovery EURJPY: With the pair continuing to hold on to its corrective recovery, more strength is envisaged. On the downside, support comes in at the 124.00 level where a break if seen will aim at the 123.50 level. A cut through here will turn focus to the 123.00 level and possibly lower towards the 122.50 level. On the upside, resistance resides at the 125.00 level. Further out, we envisage a possible move towards the 125.50 level. Further out, resistance resides at the 126.00 level with a turn above here aiming at the 126.50 level. Its daily RSI is bullish and pointing higher suggesting more strength. On the whole, EURJPY faces further recovery threats. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 18, 2017 Share Posted June 18, 2017 EURUSD: Risk Remains To The Downside On Pullback EURUSD: With the pair continuing to hold on to its downside pressure, further bearishness is likely. Resistance comes in at 1.1150 level with a cut through here opening the door for more upside towards the 1.1200 level. Further up, resistance lies at the 1.1250 level where a break will expose the 1.1300 level. Conversely, support lies at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will aim at the 1.1050 level. All in all, EURUSD faces further downside threats. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 19, 2017 Share Posted June 19, 2017 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. Below here if seen could trigger further downside pressure targeting the 1,220.00 level. Conversely, resistance resides at the 1,260.00 level where a break will aim at the 1,270.00 level. A turn above there will expose the 1,280.00 level. Further out, resistance stands at the 1,290.00 level. All in all, GOLD looks to strengthen further. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 21, 2017 Share Posted June 21, 2017 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. Below here if seen could trigger further downside pressure targeting the 1,210.00 level. Its daily RSI is bearish and pointing suggesting further weakness. Conversely, resistance resides at the 1,250.00 level where a break will aim at the 1,260.00 level. A turn above there will expose the 1,270.00 level. Further out, resistance stands at the 1,280.00 level. All in all, GOLD looks to weaken further on bear pressure. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 22, 2017 Share Posted June 22, 2017 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 0.7400 level with a cut through here targeting further downside pressure towards the 0.7350 level. On the upside, resistance lies at the 0.7600 level. A cut through here will turn attention to the 0.7650 level and then the 0.7700 level where a violation will set the stage for a retarget of the 0.7750 level. On the whole, AUDUSD remains biased to the downside nearer term. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 22, 2017 Share Posted June 22, 2017 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 0.8850 level where a violation if seen will turn risk towards the 0.8900 level. Further up, resistance resides at 0.8950 level followed by the 0.9000 level. Its daily RSI is bearish and pointing lower suggesting further weakness. All in all, EURGBP remains biased to the upside on recovery. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 23, 2017 Share Posted June 23, 2017 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. Conversely, resistance stands at the 1.2800 levels with a turn above here allowing more strength to build up towards the 1.2850 level. Further out, resistance resides at the 1.2900 level followed by the 1.2950 level. On the whole, GBPUSD continues to face upside threats. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 26, 2017 Share Posted June 26, 2017 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. On the upside, resistance resides at the 112.00 level. Further out, we envisage a possible move towards the 112.50 level. Further out, resistance resides at the 113.00 level with a turn above here aiming at the 113.50 level. On the whole, USDJPY looks vulnerable to the downside. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 27, 2017 Share Posted June 27, 2017 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. Its daily RSI is bullish and pointing higher suggesting further strength. On the upside, resistance resides at the 44.00 level. Further out, resistance comes in at the 44.50 level. A break above here will aim at the 45.00 level and then the 45.50 level followed by the 46.00 level. All in all, CRUDE OIL remains biased to the upside on further strength. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 28, 2017 Share Posted June 28, 2017 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 1.2600 level. Conversely, resistance stands at the 1.2850 levels with a turn above here allowing more strength to build up towards the 1.2900 level. Further out, resistance resides at the 1.2950 level followed by the 1.3000 level. Its daily RSI is bullish and pointing higher suggesting further strength. On the whole, GBPUSD continues to face upside threats. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted June 29, 2017 Share Posted June 29, 2017 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 110.50 level. Its daily RSI is bullish and pointing higher suggesting further u[side pressure. On the upside, resistance resides at the 113.00 level. Further out, we envisage a possible move towards the 113.50 level. Further out, resistance resides at the 114.00 level with a turn above here aiming at the 114.50 level. On the whole, USDJPY looks to strengthen further in the days ahead. Link to comment Share on other sites More sharing options...
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