USDCHF Retains Short Term Upside Bias

USDCHF retains short term upside bias with more gain expected in the new week. Resistance comes in at the 0.9950 level. Above here, resistance lies at the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level. Its weekly RSI is...

GBPUSD Rally sets Sights On The 1.2522 Resistance Zone

GBPUSD faces further bull pressure as it sets sights on the 1.2522 resistance zone. Support lies at 1.2400 area with a break below that level turning attention to the 1.2350 level. Further down, support lies at the 1.2300 level where a violation will shift focus to...

EURUSD Declines Strongly On Price Sell-off

EURUSD declines strongly on price sell off with more weakness expected in the days ahead. Support comes in at the 1.0950 where a break will turn risk to the 1.0900 level. A breach below here will target the 1.0850 level. Further down, support stands at the 1.0800....

USDJPY Looks To Extend Recovery Towards 107.93 Zone

USDJPY looks to extend recovery towards 107.93 zone in the days ahead. On the upside, resistance comes in at 107.93 level. Above this level will turn attention to the 108.50 level. Further out, we expect a possible move towards the 109.00 level. A cut through here...

CRUDE OIL: Price Build Up Targets The 58.79 Resistance Zone

CRUDE OIL price build up targets the 58.79 resistance zone as it retains its strength. Support lies at the 57.50 level where a break will expose the 57.00 level. A cut through here will set the stage for a run at the 56.50 level. Further down, support comes in at the...

GBPUSD Resumes Its Corrective Recovery Strength

GBPUSD resumes its corrective recovery strength with eyes on the 1.2459 level. Support lies at 1.2300 area with a break below that level turning attention to the 1.2250 level. Further down, support lies at the 1.2200 level where a violation will shift focus to the...

GOLD Targets Further Weakness With Eyes On 1,479.89 Level

GOLD targets further weakness with eyes on 1,479.89 level following its two-day declines. On the downside, support sits at the 1,490.00 level where a break will turn focus to the 1,480.00 level. Further down, a cut through here will open the door for a move decline...