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GBPJPY Looks To Strengthen Further On Recovery

GBPJPY looks to strengthen further on recovery following Its Tuesday price rejection. On the downside, support comes in at the 128.50 level where a violation will aim at the 128.00 level. A break below here will target the 127.00 level followed by the 127.00 level. Conversely, resistance is seen at the 129.50 level followed by the 130.00 level. A cut through that level

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USDCAD Rejects Lower Prices With Eyes On 1.3400 Level

USDCAD rejects lower prices with eyes on 1.3400 level as it retains its medium term uptrend. Support comes in at the 1.3300 level where a break will aim at the 1.3250 level. Further down, support comes in at the 1.3200 level where a turn lower may occur. Further down, support comes in at the 1.3150 level. Conversely, resistance lies at the 1.3350 level

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USDJPY Recovers With Eyes On 107.21 Resistance Zone

USDJPY recovers with eyes on 107.21 resistance zone. This is coming on the back of its Monday gain. On the upside, resistance comes in at 107.00 level. Above this level will turn attention to the 107.50 level. Further out, we expect a possible move towards the 108.00 level. A cut through here will open the door for more gain towards the 108.50. On

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GBPUSD Continues To Faces Corrective Recovery Risk

GBPUSD continues to face corrective recovery risk as it eyes further bullishness. Support comes in at 1.2100 with a turn below that level shifting focus to the 1.2050 level. Further down, support resides at the 1.2000 level where a break will turn attention to the 1.1950 level. Further down, support lies at the 1.1900 level. On the upside, resistance stands at the 1.2200

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GOLD Broader Bias Remains higher But With Corrective Warning

GOLD broader bias remains higher but with corrective warning. On the downside, support comes in at the 1,500.00 level where a break will turn attention to the 1,490.00 level. Further down, a cut through here will open the door for a move lower towards the 1,480.00 level. Below here if seen could trigger further downside pressure targeting the 1,470.00 level. Conversely, resistance resides

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USDCHF Bounces Off Lower Prices On Correction

USDCHF bounces off lower prices on correction the past week. This has opened the door for more gain in the new week. 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, support is seen at the 0.9750 level with a turn

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EURJPY Remains Vulnerable With Eyes On Further Weakness

EURJPY remains vulnerable with eyes on further weakness. On the downside, support comes in at the 117.50 level where a break if it occurs aiming at the 117.00 level. A break through here will turn focus to the 116.50 level and possibly lower towards the 116.00 level. Its daily RSI bearish and pointing lower suggesting further weakness. On the upside, resistance resides at

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EURUSD Breaks Down Below Consolidation Range

EURUSD breaks down below consolidation range as it eyes further weakness. Further down, 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 at

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