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GBPUSD Tumbles On Sell Off, Closes Gap

GBPUSD continues look more weakness after tumbling lower on sell off during Tuesday trading session. Support lies at 1.3100 area with a break below that level turning focus to the 1.3050 level. Further down, support comes in the 1.3000 level where a violation will shift focus to the 1.2950 level. Below here will open the door towards the 1.2900 level. On the upside,

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EURUSD Rejects Higher Prices, Eyes Further Weakness

EURUSD with the pair backing off higher prices on Friday, more decline is envisaged. 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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USDCHF Faces Further Weakness But With Warning

USDCHF may be consolidating but faces risk of a move further lower. Resistance comes in at the 0.9950 level. Above here, resistance lies at the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level. Its weakly RSI is bearish and pointing lower suggesting further weakness. On the downside, support is located at the 0.9850 level with a

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USDJPY Remains Biased To The Downside

USDJPY faces further price weakness despite its price hesitation on Tuesday. On the upside, resistance comes in at 109.00 level. Above this level will turn attention to the 109.50 level. Further out, we expect a possible move towards the 110.00 level on a break of that area, A cut through here will open the door for more gain towards the 110.50. On the

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EURUSD Hesitates But Vulnerable On Bear Pressure

EURUSD with the pair continuing to retain its consolidation threats, directional move is now a challenge. Resistance comes in at the 1.1100 where a break will turn risk to the 1.1150 level. A breach below here will target the 1.1200 level. Further up, resistance stands at the 1.1250. Conversely, on the downside, support comes in at 1.1050 level with a violation of there

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GBPUSD Eyes Further Upside Pressure On More Bull Pressure

GBPUSD with the pair remaining biased to the upside more strength is expected in the days ahead. Support lies at 1.3100 area with a break below that level turning focus to the 1.3050 level. Further down, support comes in the 1.3000 level where a violation will shift focus to the 1.2950 level. Below here will open the door towards the 1.2900 level. On

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GBPUSD Threatens The 1.2984 Resistance Zone

GBPUSD with the pair continuing to target higher prices, move gain is expected towards the 1.2984 resistance zone. Support lies at 1.2950 area with a break below that level turning focus to the 1.2900 level. Further down, support comes in the 1.2850 level where a violation will shift focus to the 1.2800 level. Below here will open the door towards the 1.2750 level.

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EURUSD Vulnerable To The Downside On Bear Threats

EURUSD with the pair continuing to retain its downside pressure, more decline is expected in the days ahead. 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 1.1200 level. Further up, resistance stands at the 1.1250. Conversely, on the downside, support comes in at 1.1000 level with a violation

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