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GBPUSD Retains Downside Pressure In The Short Term

GBPUSD retains downside pressure in the short term following its recent weakness. Support lies at 1.2550 as it looks for more weakness. Below that level will turn attention to the 1.2500 level. Further down, support comes in at the 1.2450 level where a break will turn focus to the 1.2400 level. Further down, support lies at the 1.2350 level. On the upside, resistance

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EURUSD Expects More Weakness On Bear Pressure

EURUSD expects more weakness on bear pressure as we enter a new week. Support comes in at the 1.1150 where a violation will turn risk to the 1.1100 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.1000. Conversely, on the upside, resistance resides at 1.1250 level with a break through there opening the door for

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USDCHF Recovery Threats Expected In The New Week

USDCHF recovery threats expected in the new week following its past week gain. Resistance resides at the 1.0000 level. Above here, resistance lies at the 1.0050 level and then the 1.0100 level. Further out, resistance comes in at the 1.0150 level. Its weekly RSI is bullish and pointing higher suggesting further upside pressure. On the downside, support is seen at the 0.9950 level

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GBPUSD Turns Lower On More Bearishness

GBPUSD turns lower on more bearishness following its recent weakness. Support lies at 1.2600 as it looks for more weakness. Below that level will turn attention to the 1.2550 level. Further down, support comes in at the 1.2500 level where a break will turn focus to the 1.2450 level. Further down, support lies at the 1.2400 level. On the upside, resistance stands at

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EURUSD Rejects Higher Prices With Eyes On 1.1200 Level

EURUSD rejects higher prices with eyes on 1.1200 level in the days ahead. Support comes in at the 1.1250 where a violation will turn risk to the 1.1200 level. A break below here will target the 1.1150 level. Further down, support sits at the 1.1100. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, on the upside, resistance resides at

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GBPUSD Sees Price Reversal With Eyes On The Upside

GBPUSD sees price reversal with eyes on the upside in the days ahead. Support lies at 1.2700 as it looks for more weakness. Below that level will turn attention to the 1.2650 level. Further down, support comes in at the 1.2600 level where a break will turn focus to the 1.2550 level. Further down, support lies at the 1.2500 level. On the upside,

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USDCHF Declines With Eyes On Support At 0.9853 Level

USDCHF declines with eyes on support at 0.9853 level. This is supportive of its current short term weakness. Resistance resides at the 0.9950 level. Above here, resistance lies at the 1.0000 level and then the 1.0050 level. Further out, resistance comes in at the 1.0100 level. On the downside, support is seen at the 0.9850 level with a turn below here setting the

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EURUSD Sets Up To Strengthen Further Bull Pressure

EURUSD sets up to strengthen further bull pressure following its higher close the past week. Support comes in at the 1.1300 where a violation will turn risk to the 1.1250 level. A break below here will target the 1.1200 level. Further down, support sits at the 1.1150. Conversely, on the upside, resistance resides at 1.1350 level with a break through there opening the

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