NZDUSD Looks To Build Up On Correction

NZDUSD the pair faces further downside pressure as it looks to weaken further lower. Support lies at the 0.6300 level where a break will turn attention to the 0.6250 level. A break of here will have to happen to create scope for a move higher towards the 0.6200 level....

USDJPY Retains Its Broader Uptrend

USDJPY the pair may be hesitating but still retains its broader upside pressure. On the upside, resistance comes in at 109.00 level. Above this level will turn attention to the 109.50 level. Further out, we expect a possible move towards the 110.00 level on a break of...

How A Strong Bias Affect Your Trading Performance

How often do you start the trading session with a strong conviction of where the market is headed? Then, as the day progresses, the price action of the market clearly contradicts your bias, yet you stubbornly cling to the notion that the market has to do this or...

USDCAD Remains Vulnerable On Price Extension.

USDCAD remains vulnerable to the downside as it closed further lower on Monday. Support lies at the 1.3050 level where a break will aim at the 1.3000 level. Further down, support comes in at the 1.2950 level where a break lower may occur. This if seen will trigger...

EURUSD More Price Strength Envisaged

EURUSD with the pair retaining its recovery threats after closing higher the past week, more gain is expected. Support comes in at the 1.1100 where a break will turn risk to the 1.1050 level. A breach below here will target the 1.1000 level. Further down, support...

AUDUSD Further Price Offensive Eyes 0.6894 Zone

AUDUSD is threatening further upside pressure following its strong rally on Thursday. On the downside, support lies at the 1.6800 level. A cut through here will turn focus to the 0.6750 level and then the 0.6700 level where a violation will set the stage for a...

GBPUSD Sees Price Extension With Eyes On 1.2900 Zone

GBPUSD with the pair extending its strength, more price gain is expected in the days ahead. Support lies at 1.2800 area with a break below that level turning attention to the 1.2750 level. Further down, support lies at the 1.2700 level where a violation will shift...

USDJPY Continues To Retain Its Recovery Threats

USDJPY with the pair still retaining its upside pressure, more gain is expected in the days ahead. On the upside, resistance comes in at 108.50 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109.50...