Select Page

Get More Power Over Your Trading With Less Hassle

FXTechstrategy delivers powerful buy/sell trade ideas with stop losses, price targets and super-easy analysis to help you improve your results

AUDUSD Further Price Offensive Eyes 0.6894 Zone

AUDUSD is threatening further upside pressure following its strong rally on Thursday. On the downside, support lies at the 1.6800 level. A cut through here will turn focus to the 0.6750 level and then the 0.6700 level where a violation will set the stage for a retarget of the 0.6650 level. Conversely, resistance lies at the 0.6850 level where a breach will aim

Continue reading

GBPUSD Sees Price Extension With Eyes On 1.2900 Zone

GBPUSD with the pair extending its strength, more price gain is expected in the days ahead. Support lies at 1.2800 area with a break below that level turning attention to the 1.2750 level. Further down, support lies at the 1.2700 level where a violation will shift focus to the 1.2650 level. Below here will open the door towards the 1.2600 level. On the

Continue reading

USDJPY Continues To Retain Its Recovery Threats

USDJPY with the pair still retaining its upside pressure, more gain is expected in the days ahead. On the upside, resistance comes in at 108.50 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109.50 level on a break of that area, A cut through here will open the door for more

Continue reading

EURUSD Targets Further Upside Pressure With Eyes On 1.1109 Zone

EURUSD eyes further upside pressure following its second week of strength the past week. Support comes in at the 1.1000 where a break will turn risk to the 1.0950 level. A breach below here will target the 1.0900 level. Further down, support stands at the 1.0850. Conversely, on the upside, resistance comes in at 1.1050 level with a violation of there opening the

Continue reading

USDCHF Remains Biased To The Upside Towards 1.0027 Zone

USDCHF with the pair retaining its upside pressure, more gain is expected to happen in the new week. Resistance comes in at the 1.0027 level. Above here, resistance lies at the 1.0050 level and then the 1.0100 level. Further out, resistance stands at the 1.0150 level. On the downside, support is located at the 0.9900 level with a turn below here opening the

Continue reading

How To Construct Your Trading Success

Skill is defined by Miriam-Webster Dictionary as… 1a: the ability to use one’s knowledge effectively and readily in execution or performance b: dexterity or coordination especially in the execution of learned physical tasks 2: a learned power of doing something competently: a developed aptitude or ability As such, skill is an obvious requirement to succeed at any endeavor.  However, there are any number of ways to develop

Continue reading

USDCAD Broader Bias Remains Higher Towards 1.3383 Zone

USDCAD broader bias remains higher towards 1.3383 zone. Support lies at the 1.3300 level where a violation will aim at the 1.3250 level. Further down, support comes in at the 1.3200 level where a break lower may occur. This if seen will trigger further weakness towards the 1.3150 level. Conversely, resistance stands at the 1.3350 level where a break will target the 1.3400

Continue reading

GBPJPY Sees Price Reversal On Sell Off

GBPJPY looks to weaken further on price sell off as it retains its broader medium term weakness. On the downside, support comes in at the 130.50 level where a violation will aim at the 130.00 level. A break below here will target the 129.50 level followed by the 129.00 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance

Continue reading