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...

EURUSD Looks To Resume Upside Pressure

EURUSD faces further upside pressure as it looks to resume its uptrend in the new week. Resistance comes in at the 1.1900 with a break of that area turning risk towards the 1.1950 level. A move above here will target the 1.2000 level. Further up, resistance stands at...

EURUSD Risk Continues To Point Lower Short Term

EURUSD faces further downside pressure as it holds on its downside short term trend. 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...

USDJPY Vulnerable, Extends Weakness

USDJPY looks to move further lower after selling off on Wednesday. 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 door for...

USDCHF Bearish, Weakens On Sell Off

USDCHF sold off on Friday following its bear pressure. This development leaves risk of more decline on the cards. Support comes in at the 0.9050 level. Below here, support lies at the 0.9000 level and then the 0.8950 level. Further down, support comes in at the 0.8900...

NZDUSD Vulnerable, Eyes Further Weakness

NZDUSD continues to face risk of further move lower after declining on Tuesday. Support lies at the 0.6550 level where a break will turn attention to the 0.6500 level. A break of here will have to happen to create scope for a move higher towards the 0.6450 level....

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...

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 the stage for...