USDCHF Rejects Lower Prices, Sees Recovery Higher

USDCHF faces risk of further a move higher after rejecting lower prices on Friday. Support comes in at the 0.9100 level. Below here, support lies at the 0.9050 level followed by the 0.9000 level. Further down, support comes in at the 0.8950 level. On the upside,...

USDCAD Vulnerable, Risk Continues To Point Lower

USDCAD looks to extend its downside pressure in the days ahead. Support comes in at the 1.3300 level where a break will aim at the 1.3250 level. Further down, support comes in at the 1.3200 level where a break lower may occur. This if seen will trigger further...

EURUSD Sees Price Back Off, Declines On Correction

EURUSD saw a price pullback on Friday opening the door for more weakness. Resistance comes in at the 1.1800 with a break turning risk towards the 1.1850 level. A cut through here will target the 1.1900 level. Further up, resistance stands at the 1.1950. Conversely, on...

AUDUSD: Bullish, Presses Further Higher

AUDUSD looks to strengthen further as it retains its broader upside pressure. 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 a retarget of the...

USDJPY Faces Risk Of More Weakness

USDJPY continues to face downside pressure as it extended it medium term downtrend on Tuesday. On the downside, support comes in at 104.50 level. Below this level will turn attention to the 104.00 level. Further down, we expect a possible move towards the 103.50...

EURUSD Breaks And Trades Above 1.1496 Resistance Zone

EURUSD looks to extend its past week gains in the new week after breaking above its key resistance at 1.1496 area. Resistance comes in at the 1.1700 with a break turning risk towards the 1.1750 level. A cut through here will target the 1.1800 level. Further up,...

USDCHF Bear Pressure opens Risk Towards The 0.9181 Zone

USDCHF faces risk of further move lower in the week following its past week weakness. Support comes in at the 0.9181 level. Below here, support lies at the 0.9150 level and then the 0.9100 level. Further down, support comes in at the 0.9050 level. Its weekly. Its...

USDCAD Turns Higher, Faces Corrective Recovery Threats

USDCAD looks to recover further higher on price halt following its recent weakness. Support comes in at the 1.3350 level where a break will aim at the 1.3300 level. Further down, support comes in at the 1.3250 level where a break lower may occur. This if seen will...