Guest FXTechstrategy Posted July 28, 2017 Share Posted July 28, 2017 USDCHF: Rallies Strongly, Reverses Losses USDCHF: With the pair rallying strongly higher the past week, more weakness 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 0.9600 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. Threatening further upside pressure. All in all, USDCHF faces further strength on price rally. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted July 30, 2017 Share Posted July 30, 2017 EURUSD Retains Its Upside Pressure With Eyes On 1.1800 Zone EURUSD: With the pair retaining its upside pressure the past week, more strength is likely in the new week. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Its weekly RSI is bullish and pointing higher suggesting more strength. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. All in all, EURUSD faces further corrective downside pressure. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted July 31, 2017 Share Posted July 31, 2017 GOLD Recovers Further,Looks To Extend Upside Pressure GOLD: With the commodity seeing higher price close the past week, more strength is likely in the new week. 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. Conversely, resistance resides at the 1,280.00 level where a break will aim at the 1,290.00 level. A turn above there will expose the 1,300.00 level. Further out, resistance stands at the 1,310.00 level. Its weekly RSI is bullish and pointing higher suggesting further. All in all, GOLD looks to recover further higher. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 1, 2017 Share Posted August 1, 2017 GBPUSD: Bullish, Follows Through Higher GBPUSD: The pair continuing to retain its upside threats on correction, more strength is envisaged. 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. Conversely, resistance stands at the 1.3250 levels with a turn above here allowing more strength to build up towards the 1.3300 level. Further out, resistance resides at the 1.3350 level followed by the 1.3400 level. Its daily RSI is bullish and pointing higher suggesting further upside pressure. On the whole, GBPUSD continues to face upside risk though with caution. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 2, 2017 Share Posted August 2, 2017 USDCHF: Risk Of Trend Resumption Builds Up USDCHF: With the pair seeing price follow through on the back of its Tuesday recover, more strength is likely in the days ahead. 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. Threatening further upside pressure. Its daily RSI is bullish and pointing higher suggesting further upside pressure. All in all, USDCHF faces trend resumption threats. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 5, 2017 Share Posted August 5, 2017 EURGBP Remains Bullish, Resumes Broader Uptrend EURGBP- The cross faces further upside pressure after resuming its short term uptrend the past week. Support lies at the 0.9000 level where a violation will turn focus to the 0.8950 level. A break will expose the 0.8900 level. Resistance resides at the 0.9050 level where a violation if seen will turn risk towards the 0.9100 level. Further up, resistance resides at 0.9150 level followed by the 0.9200 level. Its weekly RSI is bullish and pointing higher suggesting further strength. All in all, EURGBP remains biased to the upside further bullishness. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 6, 2017 Share Posted August 6, 2017 EURUSD Rejects Higher Prices, Remains Vulnerable EURUSD: The pair closed slightly higher on a rejection candle the past week leaving risk lower in the new week. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Its weekly RSI is pointing higher suggesting more strength. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. All in all, EURUSD faces further corrective downside pressure on price rejection. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 8, 2017 Share Posted August 8, 2017 GBPUSD Sees Bear Pressure, Risk Remains Lower GBPUSD: The pair continues to hold on to its downside pressure. Support lies at the 1.3000 level where a break will turn attention to the 1.2950 level. Further down, support lies at the 1.2900 level. Below here will set the stage for more weakness towards the 1.2850 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance stands at the 1.3100 levels with a turn above here allowing more strength to build up towards the 1.3150 level. Further out, resistance resides at the 1.3200 level followed by the 1.3250 level. On the whole, GBPUSD continues to face downside risk on corrective pullbacks. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 9, 2017 Share Posted August 9, 2017 EURUSD Bearish, Extends Its Corrective Weakness EURUSD: The pair continues to hold on to its downside pressure closing lower on Tuesday and set to extend further decline. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. Its daily RSI is bearish and pointing lower suggesting more weakness. All in all, EURUSD faces further corrective downside pressure. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 11, 2017 Share Posted August 11, 2017 USDJPY: Weakens Further On Bear Pressure USDJPY: With the pair selling off further on Thursday, further bearishness is likely. On the downside, support comes in at the 109.00 level where a break if seen will aim at the 108.50 level. A cut through here will turn focus to the 108.00 level and possibly lower towards the 107.50 level. Its daily RSI is bearish and pointing lower suggesting more weakness. On the upside, resistance resides at the 109.50 level. Further out, we envisage a possible move towards the 110.00 level. Further out, resistance resides at the 110.50 level with a turn above here aiming at the 111.00 level. On the whole, USDJPY looks to weaken further on bear pressure. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 13, 2017 Share Posted August 13, 2017 EURUSD Sets Up To Resume Upside Pressure EURUSD: The pair continues to retain its upside pressure as more strength is envisaged in the new week. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Its weekly RSI is bullish and pointing higher suggesting further strength. Conversely, support lies at the 1.1750 level where a violation will aim at the 1.1700 level. A break of here will aim at the 1.1650 level. All in all, EURUSD faces further upside pressure. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 15, 2017 Share Posted August 15, 2017 EURUSD Follows Through Lower, Vulnerable EURUSD: The pair followed through lower on Tuesday leaving risk of more weakness on the cards. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. All in all, EURUSD faces further downside pressure. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 17, 2017 Share Posted August 17, 2017 EURUSD: The pair took back its losses to close higher on Wednesday and opening the door for more strength. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. All in all, EURUSD faces further upside pressure. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 17, 2017 Share Posted August 17, 2017 EURUSD Backs Off Lower Prices, Targets More Upside EURUSD: The pair took back its losses to close higher on Wednesday and opening the door for more strength. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. All in all, EURUSD faces further upside pressure. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 21, 2017 Share Posted August 21, 2017 GOLD Faces Pullback Threats On Correction GOLD: With the commodity retaining its upside pressure, more strength is envisaged but with caution of a pullback. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level. Further down, a cut through here will open the door for a move lower towards the 1,260.00 level. Below here if seen could trigger further downside pressure targeting the 1,250.00 level. Conversely, resistance resides at the 1,300.00 level where a break will aim at the 1,310.00 level. A turn above there will expose the 1,320.00 level. Further out, resistance stands at the 1,330.00 level. All in all, GOLD looks to weaken further. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 22, 2017 Share Posted August 22, 2017 EURGBP: Risk Continues To Point Higher Medium Term. EURGBP- The cross closed higher on Monday opening the door for additional gains in the days ahead. Support lies at the 0.9100 level where a violation will turn focus to the 0.9050 level. A break will expose the 0.9000 level. Resistance resides at the 0.9200 level where a violation if seen will turn risk towards the 0.9250 level. Further up, resistance resides at 0.9300 level followed by the 0.9350 level. Its daily RSI is bearish and pointing lower supporting this view. All in all, EURGBP remains biased to the upside medium term. Link to comment Share on other sites More sharing options...
Guest andengireng Posted August 23, 2017 Share Posted August 23, 2017 On the H1 chart USDJPY today August 23, 2017. The price is still stuck in the resistance area while the stochastic is overbought, so today the bias is still bearish. For trading strategies based on today's forex analysis, you can find a confirmation of sell signals within the reference area at 109.253, with potential targets up to 108.626. Be careful if resistance 109.821 breaks. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 23, 2017 Share Posted August 23, 2017 GBPUSD: Remains Vulnerable To The Downside GBPUSD: The pair continues to retain its downside pressure as it reversed its Monday gains to close on Tuesday. Support lies at the 1.2800 level where a break will turn attention to the 1.2750 level. Further down, support lies at the 1.2700 level. Below here will set the stage for more weakness towards the 1.2650 level. Conversely, resistance stands at the 1.2900 levels with a turn above here allowing more strength to build up towards the 1.2950 level. Further out, resistance resides at the 1.3000 level followed by the 1.3050 level. On the whole, GBPUSD continues to face downside risk. Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 24, 2017 Share Posted August 24, 2017 USDCHF: Loses Upside Steam With Further Downside Threats USDCHF: With the pair continuing to hold on to its downside pressure despite its consolidation threats, more decline is envisaged. 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. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the 0.9650 level where a break will clear the way for more strength to occur towards the 0.9700 level. Further out, resistance comes in at the 0.9750 level. All in all, USDCHF faces further downside pressure short term Link to comment Share on other sites More sharing options...
Guest FXTechstrategy Posted August 26, 2017 Share Posted August 26, 2017 EURGBP: Remains On The Offensive, Extend Bullishness EURGBP- The cross continues to hold on to its upside pressure closing strongly higher the past week and opening the door for more strength. Support lies at the 0.9200 level where a violation will turn focus to the 0.9150 level. A break will expose the 0.9100 level. Resistance resides at the 0.9250 level where a violation if seen will turn risk towards the 0.9300 level. Further up, resistance resides at 0.9350 level followed by the 0.9400 level. Its weekly RSI is bullish and pointing higher suggesting further upside pressure. All in all, EURGBP remains biased to the upside in the medium term. Link to comment Share on other sites More sharing options...
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