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USDJPY Remains Vulnerable With Eyes On Lower Prices

USDJPY remains vulnerable with eyes on lower prices in the days ahead. On the upside, resistance comes in at 105.50 level. Above this level will turn attention to the 106.00 level. Further out, we expect a possible move towards the 106.50 level. A cut through here will open the door for more gain towards the 107.00. On the downside, support comes in at

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CRUDE OIL: Recovery Threat Eyes 56.01 Zone

CRUDE OIL recovery threats eyes 56.01 zone as the commodity looks to extend gain. Support lies at the 54.00 level where a break will expose the 53.50 level. A cut through here will set the stage for a run at the 53.00 level. Further down, support comes in at the 52.50. On the upside, resistance resides at the 55.50 levels. Further out, resistance

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AUDUSD Risk Remains Higher On More Correction

AUDUSD risk remains higher on more correction following a hold on to its recent gain. On the upside, resistance lies at the 1.6850 level. A cut through here will turn attention to the 0.6900 level and then the 0.6950 level where a violation will set the stage for a retarget of the 0.7000 level. Support resides at the 0.6700 level where a breach

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USDJPY Hesitates But With Upside Bias

USDJPY hesitates but with upside bias on correction in the days ahead. On the upside, resistance comes in at 106.50 level. Above this level will turn attention to the 107.00 level. Further out, we expect a possible move towards the 107.50 level. A cut through here will open the door for more gain towards the 108.00. On the downside, support comes in at

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USDCAD Strengthens On Further Price Rally

USDCAD strengthens on further price rally following its Tuesday gain. This development leaves risk of more gain on the cards. 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

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GBPUSD Recovery Threats Remain Towards 1.2249 Level

GBPUSD recovery threats remain towards 1.2249 level as we expect more strength in the days ahead. Support comes in at 1.2150 with a turn below that level shifting focus to the 1.2100 level. Further down, support resides at the 1.2050 level where a break will turn attention to the 1.2000 level. Further down, support lies at the 1.1950 level. On the upside, resistance

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USDCHF Sees Price Reversal On Loss Of Momentum

USDCHF sees price reversal on loss of up momentum. This is has opened the door for more weakness. Resistance resides at the 0.9850 level. Above here, resistance lies at the 0.9900 level and then the 0.9950 level. Further out, resistance comes in at the 1.0000 level. On the downside, support is seen at the 0.9800 level with a turn below here opening the

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EURUSD Faces Further Bearish Pressure Extension

EURUSD faces further bearish pressure extension as its eyes more weakness. Support comes in at the 1.1000 where a violation will turn risk to the 1.0950 level. A break below here will target the 1.0900 level. Further down, support sits at the 1.0850. Conversely, on the upside, resistance resides at 1.1100 upside, resistance resides at 1.1100 level with a break through there opening

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