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

EURGBP Eyeing Medium Term Uptrend Resumption

EURGBP looks to strengthen further and resume its medium term uptrend. On the downside, support lies at the 0.8700 level where a violation will turn focus to the 0.8650 level. A break below here will aim at the 0.8600 level. Further down, support comes in at 0.8550 level. Conversely, resistance lies at the 0.8800 level. A violation if seen will turn risk towards

Continue reading

EURUSD Eyeing Further Bull Pressure Short Term

EURUSD faces risk of further move higher following second week of price gain in the new week. Resistance comes in at the 1.1350 where a break will turn risk to the 1.1400 level. A breach above here will target the 1.1450 level. Further up, resistance stands at the 1.1500. Conversely, on the downside, support comes in at 1.1250 level with a violation of

Continue reading

USDCHF Vulnerable On Further Sell Off

USDCHF faces risk of further move lower as it sold off the past week. Resistance comes in at the 0.9400 level. Above here, resistance lies at the 0.9650 level and then the 0.9650 level. Further out, resistance stands at the 0.9700 level. On the downside, support is located at the 0.9300 level with a turn below here opening the door for more decline

Continue reading

Your Enemy Number One In Trading Is Your Emotion

When markets become volatile the usual response is an emotionally charged set of actions. On one hand, the bulls see any pullback as a buying opportunity as the market has been charging upward making new all-time highs almost on a daily basis. Their fear of missing out on the upward move is allayed temporarily because the selloff provides an opportunity for them to

Continue reading

AUDUSD Risk Remains To The Upside On Correction.

AUDUSD looks to extend further higher as it holds on to its recovery threats. On the downside, support comes in at the 1.6550 level. A cut through here will turn focus to the 0.6500 level and then the 0.6450 level. A violation will set the stage for a retarget of the 0.6400 level. Conversely, resistance lies at the 0.6650 level where a breach

Continue reading

EURUSD Eyeing Further Price Recovery Higher

EURUSD faces risk of further move higher following its past week rally. Resistance comes in at the 1.1050 where a break will turn risk to the 1.1100 level. A breach below here will target the 1.1150 level. Further up, resistance stands at the 1.1200. Conversely, on the downside, support comes in at 1.1000 level with a violation of there opening the door for

Continue reading

GBPJPY Faces Risk Of Further Weakness

GBPJPY looks to weaken further following a strong sell off on Friday. On the downside, support comes in at the 137.50 level where a violation will aim at the 137.00 level. A break below here will target the 136.50 level followed by the 136.00 level. Its daily RSI bearish and pointing lower suggesting further weakness. Conversely, resistance is seen at the 138.50 level

Continue reading

EURGBP Focus Shifts To Recovery Higher

EURGBP looks to recover further higher on correction. On the downside, support stands at the 0.8400 level where a violation will turn focus to the 0.8350 level. A break below here will aim at the 0.8300 level. Further down, support comes in at 0.8250 level. Conversely, resistance lies at the 0.8450 level. A violation if seen will turn risk towards the 0.8500 level.

Continue reading