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

GOLD: Weakens, Remains On The Defensive

GOLD: The commodity saw price weakness for a second week in a row the past week. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290.00 level. Below here if seen could trigger further downside pressure

Continue reading

EURUSD: Vulnerable On Correction Though With Caution

EURUSD: The pair closed lower the past week leaving risk of more weakness on the cards. We faces price hesitation with a move higher in the new week. On the upside, resistance comes in at 1.2300 level with a cut through here opening the door for more upside towards the 1.2350 level. Further up, resistance lies at the 1.2400 level where a break

Continue reading

USDCHF: Retains Corrective Upside Pressure

USDCHF: With the pair closing higher the past week, it looks to build up on that gain in the new week. On the downside, support lies at the 0.9350 level. A turn below here will open the door for more weakness towards the 0.9300 level and then the 0.9250 level. On the upside, resistance resides at the 0.9450 level where a break will

Continue reading

EURUSD: Remains Vulnerable On Bear Pressure

EURUSD: The pair closed lower on further weakness on Thursday leaving risk of more weakness on the cards. On the upside, resistance comes in at 1.2300 level with a cut through here opening the door for more upside towards the 1.2350 level. Further up, resistance lies at the 1.2400 level where a break will expose the 1.2450 level. Conversely, support lies at the

Continue reading

GBPUSD: Vulnerable, Risk Remains To The Downside

GBPUSD: The pair looks to weaken further as it continues to hold on to its downside pressure. Support lies at the 1.3850 level where a break will turn attention to the 1.3800 level. Further down, support lies at the 1.3800 level. Below here will set the stage for more weakness towards the 1.3750 level. Conversely, resistance stands at the 1.3900 levels with a

Continue reading

EURGBP: Sells Off Further, Eyes Key Support.

EURGBP- The pair weakened further on Thursday leaving risk of a move lower on the cards. Support lies at the 0.8700 level where a violation will turn focus to the 0.8650 level. A break will expose the 0.8600 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the 0.8800 level where a violation if

Continue reading

GOLD: Bearish, Remains Vulnerable

GOLD: The commodity turned lower on sell on Tuesday and was seen following through on Wednesday. On the downside, support comes in at the 1,320.00 level where a break will turn attention to the 1,310.00 level. Further down, a cut through here will open the door for a move lower towards the 1,300.00 level. Below here if seen could trigger further downside pressure

Continue reading

How Trading And The Universal Law Of Duality Work

EMBRACE TRADING RISK is the mantra I espouse to all traders, mainly because the universal law of duality exists. This law states that nothing can exist without its antithetical counterpart. Night cannot be without day, evil cannot exist without good and rewards cannot happen without risk. I know this may be a bit philosophical for some readers, but it’s amazing to me how

Continue reading