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USDCHF Sees Price Back Off On Rally

USDCHF faces further recovery threats as it looks to extend bull pressure. Resistance comes in at the 0.9750 level. Above here, resistance lies at the 0.9800 level and then the 0.9850 level. Further out, resistance stands at the 0.9900 level. Its daily RSI is bullish and pointing higher suggesting are strength. On the downside, support is located at the 0.9650 level with a

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EURUSD Bullish, Risk Continues To Point Higher

EURUSD with the pair continuing to retain upside pressure, more strength is likely in the days ahead. Resistance comes in at the 1.1250 where a break will turn risk to the 1.1300 level. A breach below here will target the 1.1350 level. Further up, resistance stands at the 1.1400. Conversely, on the downside, support comes in at 1.1150 level with a violation of

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EURUSD Risk Continues To Point Higher On Rally

EURUSD with the pair continuing to retain its upside pressure following a rally on Friday, more strength is expected. Resistance comes in at the 1.1200 where a break will turn risk to the 1.1250 level. A breach below here will target the 1.1300 level. Further up, resistance stands at the 1.1350. Conversely, on the downside, support comes in at 1.1100 level with a

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How Gratitude Can Affect Your Trading Results

Are you grateful? This is a question that virtually everyone on the planet would say yes to and subsequently rattle off a list of items they are grateful for. This is generally true no matter if the individual is rich or if they are flat broke. It is especially true right now as this happens to be the gratitude season with Thanksgiving just

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EURUSD Sets Up To Weaken Further Towards 1.1034 Level

EURUSD with the pair continuing to retain its downside pressure, more decline is expected. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1200 level. A breach below here will target the 1.1250 level. Further up, resistance stands at the 1.1300. Conversely, on the downside, support comes in at 1.1050 level with a violation of there opening the

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GBPUSD Retains Short Term Downside Pressure With Eyes On 1.2930

GBPUSD remains vulnerable to the downside as we look for more weakness. Support lies at 1.3000 area with a break below that level turning focus to the 1.2950 level. Further down, support comes in the 1.2900 level where a violation will shift focus to the 1.2850 level. Below here will open the door towards the 1.2800 level. On the upside, resistance is located

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EURJPY Downside Pressure Remains With Eyes On 121.01 Zone

EURJPY faces further downside pressure as it looks to weaken further towards its key support at 121.01. On the downside, support comes in at the 121.00 level where a break if seen will aim at the 120.50 level. A cut through here will turn focus to the 120.00 level and possibly lower towards the 119.50 level. On the upside, resistance comes in at

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EURUSD Risk Continues To Point Lower On Bear Pressure

EURUSD with the pair continuing to reject higher prices and declining on Wednesday, more decline is envisaged in the days ahead. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1200 level. A breach below here will target the 1.1250 level. Further up, resistance stands at the 1.1300. Conversely, on the downside, support comes in at 1.1050 level

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