EURUSD Faces Further Weakness On Price Rejection

EURUSD faces risk of further move lower following its price rejection. On the down, support comes in at 1.2050 level with a violation opening the door for a run at the 1.2000 level. Further down, support is seen at the 1.1950 level. A cut through that level will clear...

GBPUSD Looks To Weaken Further Lower On Sell Off

GBPUSD with the pair rejecting higher prices on Friday and following through lower on Monday, more decline is likely in the days ahead. Support is seen at 1.3300 area with a break turning focus to the 1.3250 level. Further down, support lies at the 1.3200 level. A cut...

USDJPY Recovers, Sees Price Extension

USDJPY looks to strengthen further following its rally during its Wednesday trading session. On the downside, support stands at 104.50 level. Below this level will turn attention to the 104.00 level. Further down, support is seen at the 103.50 level. A break through...

EURUSD Risk Points Higher In The Short Term

EURUSD faces risk of further move higher in the days ahead. Resistance comes in at the 1.1950 with a break of that area turning risk towards the 1.2000 level. A move above here will target the 1.2050 level. Further up, resistance stands at the 1.2100. On the down,...

GBPJPY Weakens, Remains On The Defensive

GBPJPY looks to weaken further in the days ahead as it holds on to its downside pressure. On the upside, resistance comes in at the 138.00 level where a violation will aim at the 138.50 level. A break below here will target the 139.00 level followed by the 139.50...

EURUSD Pressure Continues To Build Up

EURUSD faces further upside pressure after closing for a second day in a row on Friday. Resistance 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 stands at...

USDJPY Bullish, Eyeing Further Upside

USDJPY looks to move further higher as it retains most of its rally gain. On the downside, support comes in at 105.00 level. Below this level will turn attention to the 104.50 level. Further down, support is seen at the 104.00 level. A cut through here will open the...

USDCHF Targets More Upside On Recovery

USDCHF eyes further upside pressure as we enter a new week. Support comes in at the 0.9100 level. Below here, support lies at the 0.8950 level and then the 0.8900 level. Further down, support comes in at the 0.8850 level. On the upside, resistance is seen at the...