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 possibly lower...

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,...

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...

EURUSD Looks To Weaken On Price Rejection

EURUSD faces risk of a move lower after rejecting higher prices on Thursday and Friday the past week. Resistance now comes in at the 1.1850 with a break of that area turning risk towards the 1.1900 level. A move above here will target the 1.1950 level. Further up,...

GBPJPY Sets Up To Strengthen Further

GBPJPY Sets Up To Strengthen Further GBPJPY looks to decline further as it retains its downside pressure into the new week. On the upside, support comes in at the 136.00 level where a violation will aim at the 136.50 level. A break below here will target the 137.00...

EURJPY Rallies, Reverses Losses

EURJPY looks to strengthen further after it was seen taking back its Tuesday losses during Wednesday trading session. On the downside, support comes in at the 125.00 level where a break if seen will aim at the 124.50 level. A cut through here will turn focus to the...

EURUSD Puts In Temporary Bottom.

EURUSD faces risk of a move higher in the new week as it rejected lower prices on Friday. Resistance now comes in at the 1.1850 with a break of that area turning risk towards the 1.1900 level. A move above here will target the 1.1950 level. Further up, resistance...

AUDUSD Weakens Further On Corrective Pullbacks

AUDUSD remains biased to the downside as it weakened further on corrective pullbacks on Thursday. On the downside, support in resides at the 1.7200 level. A cut through here will turn focus to the 0.7150 level and then the 0.7100 level. A violation will set the stage...