EURUSD Bullish, Risk Points Higher

EURUSD faces further upside pressure as we look for more gain. Resistance comes in at the 1.1850 with a break of that area turning risk towards the 1.1900 level. A move above here will target the 1.1950 level. Further up, resistance stands at the 1.2000. On the down,...

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...

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...

EURUSD Extends Weakness In The Short Term

EURUSD faces risk of further move lower as we look for more decline in the new week. Resistance comes in at the 1.1650 with a break of that area turning risk towards the 1.1700 level. A move above here will target the 1.1750 level. Further up, resistance stands at the...

EURUSD Looks To Weaken On Price Rejection

EURUSD faces risk of a move lower after rejecting higher prices on Thursday and Friday the past week. Resistance now comes in at the 1.1850 with a break of that area turning risk towards the 1.1900 level. A move above here will target the 1.1950 level. Further up,...

GBPJPY Sets Up To Strengthen Further

GBPJPY Sets Up To Strengthen Further GBPJPY looks to decline further as it retains its downside pressure into the new week. On the upside, support comes in at the 136.00 level where a violation will aim at the 136.50 level. A break below here will target the 137.00...

EURUSD Puts In Temporary Bottom.

EURUSD faces risk of a move higher in the new week as it rejected lower prices on Friday. Resistance now comes in at the 1.1850 with a break of that area turning risk towards the 1.1900 level. A move above here will target the 1.1950 level. Further up, resistance...

EURUSD Pressure Builds Up On 1.1710 Area

EURUSD looks to weaken further as it eyes its key support located at 1.1710. Resistance now comes in at the 1.1850 with a break of that area turning risk towards the 1.1900 level. A move above here will target the 1.1950 level. Further up, resistance stands at the...