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USDJPY Rallies With Eyes On Key Resistance At 111.01 Level.

USDJPY rallies with eyes on key resistance at 111.01 level. On the upside, resistance comes in at 111.50 level. Above this level will turn attention to the 112.00 level. Further out, we expect a possible move towards the 112.50 level. A cut through here will open the door for more gain towards the 113.00. Its daily RSI is bullish and pointing higher suggesting

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EURUSD Risk Remains Lower On Further Decline

EURUSD risk remains lower on further decline in the new week as it closed lower the past week. Support stands at the 1.1300 where a break will aim at the 1.1250 level. A break below here will target the 1.1200 level. Further down, support lies at the 1.1150. On the upside, resistance resides at 1.1350 level with a break through there opening the door

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GBPJPY Faces Recovery Risk On Price Rejection

GBPJPY faces recovery risk on price rejection following its Thursday price rejection. On the downside, support comes in at the 142.00 level where a violation will aim at the 141.50 level. A break below here will target the 141.00 level followed by the 140.50 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance is seen at the 142.50

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GBPUSD Remains Vulnerable To The Downside On Bear Pressure

GBPUSD remains vulnerable to the downside as more weakness is expected in the days ahead.Support is seen at 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, support lies at the 1.2750 level. Below here will set the stage for more weakness towards the 1.2700 level. On the upside,

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EURUSD Bear Pressure Remains Intact

EURUSD bear pressure remains intact as it looks for price extension. Support stands at the 1.1350 where a break will aim at the 1.1300 level. A break below here will target the 1.1250 level. Further down, support lies at the 1.1200. On the upside, resistance resides at 1.1400 level with a break through there opening the door for further upside towards the 1.1450

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GBPJPY Tumbles Lower On Price Reversal

GBPJPY tumbles lower on price reversal with further weakness expected in the days ahead. On the downside, support comes in at the 142.00 level where a violation will aim at the 141.50 level. A break below here will target the 141.00 level followed by the 140.50 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance is seen at

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USDJPY Looks To Extend Gain Above Key Resistance

USDJPY looks to extend gain above key resistance located at 109.99 zone and beyond. On the upside, resistance comes in at 110.50 level. Above here will turn attention to the 111.00 level. Further out, we expect a possible move towards the 111.50 level if the earlier resistance is taken out. A break of here will open the door for more gain towards the

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USDCHF Eyeing Further Upside Pressure Despite Price Hesitation

USDCHF eyes further upside pressure despite price consolidation on Friday. Resistance comes in at the 1.0000 level. A break of here will clear the way for more gain towards the 1.0050 level. Above here, resistance lies at the 1.0100 level and then the 1.0150 level. Its daily RSI is bullish and pointing higher suggesting more strength. On the downside, support is seen at

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