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EURUSD Bull Recovery Remains Intact But With Caution

EURUSD bull recovery remains intact as more strengthen is envisaged. But with price hesitation seen on Friday that strength may subside a bit. On the upside, resistance comes in at 1.1600 level. A break through there opening the door for more upside towards the 1.1650 level. Further up, resistance lies at the 1.1700 level where a break will expose the 1.1750 level. On

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EURGBP Faces Corrective Recovery Threats On Price Rejection

EURGBP Faces corrective recovery threats on price rejection. This is coming on back of the reversal of earlier losses for the week. A follow through higher is now expected in the new week. Support stands at the 0.8750 level where a violation will turn focus to the 0.8700 level. A break will aim at the 0.8650 level. Its weekly RSI is bearish and

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NZDUSD Corrective Bull Pressure Remains Intact

NZDUSD corrective bull pressure remains intact as it saw a rally during Thursday trading session. Resistance resides at the 0.6650 level where a break will turn attention to the 0.6700 level. A break of here will have to occur to create scope for a move towards the 0.6750 level. Further out, resistance stands at the 0.6800 level. Its daily RSI is bullish and

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GOLD Bull Pressure Eyes Range Top At 1,211.28 Zone

GOLD bull pressure eyes range top located at the 1,214.28 area. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door for a move lower towards the 1,180.00 level. Below here if seen could trigger further downside pressure targeting the 1,170.00 level. On

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EURUSD Price Extension Eyes The 1.1590 Resistance Zone

EURUSD price extension now eyes its cluster of resistance located the 1.1593/99 zone. This is coming on the back of its lower price rejection candle printed on Monday. On the upside, resistance comes in at 1.1600 level with a break through there opening the door for more upside towards the 1.1650 level. Further up, resistance lies at the 1.1700 level where a break

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EURJPY Faces Recovery Risk On Lower Price Rejection

EURJPY faces recovery risk on price rejection. This development could see the pair strengthening further in the days ahead. Support comes in at the 129.50 level where a break if seen will aim at the 129.00 level. A cut through here will turn focus to the 128.30 level and further lower towards the 128.00 level. On the upside, resistance resides at the 130.50

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AUDUSD Faces Price Recovery Risk Off Recent Low

AUDUSD faces price recovery risk as it looks to follow through higher on the back of Monday higher close. Support comes in at the 0.7000 level where a breach will aim at the 0.6950 level. Below that level will set the stage for a move towards the 0.6900 level. A cut through here should target further downside pressure towards the 0.6850 level. On

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USDJPY Declined On Sell Off, Eyes 112.86 Level

USDJPY declined on sell off during Monday trading session. It now eyes more weakness towards the 113.00/112.86 zone. On the downside, support lies at the 112.50 level where a break will aim at the 112.00 level. A cut through here will turn focus to the 111.50 level and lower towards the 111.00 level. Resistance comes in at 113.50 level. Above here opens the

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