EURUSD Bear Pressure Targets The 1.1225 Area

EURUSD bear pressure targets the 1.1225 area as it looks for price extension. Support comes in at the 1.1225 where a violation will turn risk to the 1.1200 level. A turn below here will target the 1.1150 level. Further down, support lies at the 1.1100. Its daily RSI...

EURJPY Declines With Eyes On 121.76 Support Zone

EURJPY declines with eyes on 121.76 support zone as it holds on its bear pressure. On the downside, support comes in at the 121.00 level where a break if seen will aim at the 120.50 level. A cut through here will turn focus to the 120.00 level and possibly lower...

GBPUSD Backs Off Higher Prices With Eyes On 1.2600

GBPUSD backs off higher prices with eyes on 1.2600 on Monday. Support lies at 1.2600 as it looks for more weakness. Below that level will turn attention to the 1.2550 level. Further down, support comes in at the 1.2500 level where a break will turn focus to the 1.2450...

EURUSD Looks To Weaken Further Lower Towards 1.1282

EURUSD looks to weaken further lower towards 1.1282. Support comes in at the 1.1350 where a violation will turn risk to the 1.1300 level. A break below here will target the 1.1250 level. Further down, support sits at the 1.1200. Conversely, on the upside, resistance...

USDCHF Turns Off Higher Level Prices

USDCHF turns off higher level prices leaving risks of more weakness on the cards. Resistance resides at the 0.9800 level. Above here, resistance lies at the 0.9850 level and then the 0.9900 level. Further out, resistance comes in at the 0.9950 level. On the downside,...

EURJPY Faces Consolidation Threats

EURJPY faces consolidation threats as it looks for directional move. Support comes in at the 122.00 level where a break if seen will aim at the 121.50 level. A cut through here will turn focus to the 121.00 level and possibly lower towards the 120.50 level. On the...

AUDUSD Remains On The Offensive On Correction

AUDUSD remains on the offensive on correction with more gain expected. On the upside, resistance lies at the 1.7050 level. A cut through here will turn attention to the 0.7100 level and then the 0.7150 level where a violation will set the stage for a retarget of the...

GBPUSD Turns Lower On Loss Of Upside Pressure

GBPUSD turns lower on loss of upside pressure  to the downside after weakening on Tuesday. Support lies at 1.2650 as it looks for more weakness. Below that level will turn attention to the 1.2600 level. Further down, support comes in at the 1.2550 level where a break...