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EURUSD Turns Off Lower Prices With Eyes On Upside

EURUSD turns off lower prices with eyes on upside pressure. This has opened the door for more gain in the days ahead. Support comes in at the 1.1150 where a violation will turn risk to the 1.1100 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.1000. Conversely, on the upside, resistance resides at 1.1250 level

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GBPJPY Targets 147.19 Resistance Zone On More Recovery

GBPJPY targets 147.19 resistance zone on more recovery. On the downside, support comes in at the 146.00 level where a violation will aim at the 145.50 level. A break below here will target the 145.00 level followed by the 144.50 level. Conversely, resistance is seen at the 147.00 level followed by the 147.50 level. A cut through that level will set the stage

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EURGBP Retains Its Bear Pressure Nearer Term

EURGBP retains its bear pressure nearer term as it looks to extend downside pressure. On the downside, support stands at the 0.8550 level where a violation will turn focus to the 0.8500 level. A break below here will aim at the 0.8450 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance lies at the 0.8650 level. A violation

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USDJPY Backs Off Lower Prices With Eyes 112.03 Zone

USDJPY backs off lower prices with eyes on 112.03 zone following its price halt. On the upside, resistance comes in at 112.50 level. Above this level will turn attention to the 113.00 level. Further out, we expect a possible move towards the 113.50 level. A cut through here will open the door for more gain towards the 114.00. On the downside, support comes

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GBPUSD Faces Further Price Recovery Higher On Correction

GBPUSD faces further price recovery higher on correction. Support lies at 1.3000 as it look for more weakness. Below that level will open the door for more decline towards 1.2950 level. Further down, support comes in at the 1.2900 level where a break will turn focus to the 1.2850 level. Further down, support lies at the 1.2800 level. On the upside, resistance stands

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EURUSD Remains On Third Consecutive Day Of Gain

EURUSD remains on third consecutive day of bullish offensive as the pair eyes more strength. 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

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AUDUSD Faces Recovery Threats Though Vulnerable

AUDUSD faces recovery threats though vulnerable medium term. On the upside, resistance lies at the 1.7100 level. A cut through here will turn attention to the 0.7150 level and then the 0.7200 level where a violation will set the stage for a retarget of the 0.7250 level. Support resides at the 0.7000 level where a breach will aim at the 0.6950 level. Below

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EURUSD Remains Vulnerable But With Caution Of Recovery

EURUSD remains vulnerable but with caution of recovery though retaining its broader downside pressure.. Support comes in at the 1.1100 where a violation will turn risk to the 1.1050 level. A break below here will target the 1.1000 level. Further down, support sits at the 1.0950. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, on the upside, resistance resides

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