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USDJPY Bull Pressure Builds Up On 113.81 Resistance Zone

USDJPY bull pressure builds up on 113.81 resistance zone and now leaves risk of a move towards the 113.81. On the upside, resistance comes in at 114.00 level. Above here will turn attention to the 114.50 level. Further out, we expect a possible move towards the 115.00 level if the earlier resistance is taken out. Above here will open the door for more

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NZDUSD Extends Bearish Pressure On Price Sell Off

NZDUSD extends bearish pressure on price sell off with more decline expected towards 0.6800 support. Further down, support stands at the 0.6750 level. Further down, the 0.6700 level comes in as the next downside target. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the 0.6850 level where a break will turn attention to the

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USDCAD Broader Bias Remains Upside On Further Bullishness

USDCAD broader bias remains higher on further bullishness. Support comes in at the 1.3350 level where a break will aim at the 1.3300 level. Further down, support comes in at the 1.3250 level where a turn lower may occur. But if further weakness is triggered support comes in at the 1.3200 level. Conversely, resistance lies at the 1.3450 level where a violation will target

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CRUDE OIL Targets More Decline In The Short Term

CRUDE OIL targets more decline in the short term leaving 50.07 as the next price key target. Support lies at the 49.50 level where a break will expose the 49.00 level. A cut through here will set the stage for a run at the 48.50 level. Further down, support comes in at the 48.00 level. On the upside, resistance resides at the 52.50

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EURUSD Eyes Further Upside Pressure Nearer Term

EURUSD continues to face further recovery higher. Support lies at the 1.1350 where a violation will aim at the 1.1300 level. A break below here will aim at the 1.1250 level. Further down, support lies at the 1.1200. On the upside, resistance resides at 1.1450 level with a break through there opening the door for further upside towards the 1.1500 level. Further up,

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EURGBP Continues To Target Higher Prices

EURGBP continues to target higher prices following its higher close the past week. On the downside, support stands at the 0.8900 level where a violation will turn focus to the 0.8850 level. A break below here will aim at the 0.8800 level. Resistance lies at the 0.8950 level. A violation if seen will turn risk towards the 0.9000 level. Further up, resistance comes

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EURUSD Continues To Target The 1.1215 Support Zone

EURUSD continues to target the 1.1215 support zone as downside pressure remains intact. Support lies at the 1.1300 where a violation will aim at the 1.1250 level. A break below here will aim at 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 for further upside

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