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USDCHF Targets Further Weakness On Bear Pressure

USDCHF targets further weakness on bear pressure as it sold off during Monday trading session. Resistance resides at the 1.0100 level. Above here, resistance lies at the 1.0150 level and then the 1.0200 level. Further out, resistance comes in at the 1.0250 level. On the downside, support is seen at the 1.0000 level. A turn below here will set the stage for more

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EURUSD Outlook Still Points Higher On Recovery

EURUSD outlook still points higher on recovery as we enter a new week. Support comes in at the 1.1200 where a violation will turn risk to the 1.1150 level. A break below here will target the 1.1100 level. Further down, support sits at the 1.1050. Conversely, on the upside, resistance resides at 1.1250 level with a break through there opening the door for

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EURGBP Looks To Extend Gain On Price Reversal

EURGBP looks to extend gain on price reversal following its strong rally the past week. On the downside, support stands at the 0.8600 level where a violation will turn focus to the 0.8550 level. A break below here will aim at the 0.8500 level. Conversely, resistance lies at the 0.8650 level. A violation if seen will turn risk towards the 0.8700 level. Further

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GBPJPY Retains Downside Bias On Bear Pressure

GBPJPY retains downside bias on bear pressure as it looks to follow through lower in the days ahead. further on Wednesday following its price extension. On the downside, support comes in at the 142.50 level where a violation will aim at the 142.00 level. A break below here will target the 141.50 level followed by the 141.00 level. Conversely, resistance is seen at

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USDCHF Weakens On Price Sell Off With Eyes On 1.0100

USDCHF weakens on price sell off with eyes on 1.0100 support level. On the downside, support is seen at the 1.0100 level. A turn below here will set the stage for more decline towards the 1.0050 level. And then the 1.0000 level. Further down, support resides at the 0.9950 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On the

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GBPUSD Looks To Weaken Further On Bear Threats

GBPUSD looks to weaken further on bear threats as it closed lower for a third day in a row. Support lies at 1.2950 as it look for more weakness. Below that level will open the door for more decline towards 1.2900 level. Further down, support comes in at the 1.2850 level where a break will turn focus to the 1.2800 level. Further down,

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USDJPY Sets Up To Weaken Further On Bear Pressure

USDJPY looks to weaken further as it retains it still faces downside pressure risk. On the upside, resistance comes in at 111.00 level. Above this level will turn attention to the 111.50 level. Further out, we expect a possible move towards the 112.00 level. A cut through here will open the door for more gain towards the 112.50. On the downside, support comes

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GOLD Recovery Threats Remain Intact Despite Price Hesitation

GOLD recovery threats remain intact despite price hesitation during Monday trading session. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 level. Below here if seen could trigger further downside pressure targeting the 1,240.00 level.

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