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USDCHF Faces Further Weakness On Close Lower

USDCHF faces further weakness on close lower following its past week losses. Resistance comes in at the 1.0050 level. A break of here will clear the way for more gain towards the 1.0100 level. Above here, resistance lies at the 1.0150 level and then the 1.0250 level. On the downside, support is seen at the 0.9950 level. A turn below there will set

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CRUDE OIL Risk Remains To The Upside On Further Strength.

CRUDE OIL risk remains to the upside on further strength as it looks to build on its Wednesday gain. Support lies at the 57.00 level where a break will expose the 56.50 level. A cut through here will set the stage for a run at the 56.00 level. Further down, support comes in at the 55.50 level. On the upside, resistance resides at

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EURUSD Outlook Remains Higher Towards 1.1400 Zone

EURUSD outlook remains higher towards 1.1400 zone as more gain is expected. Support lies at the 1.1300 where a break will target the 1.1250 level. A break below here will target the 1.1200 level. Further down, support lies at the 1.1150. On the upside, resistance resides at 1.1400 level with a break through there opening the door for further upside towards the 1.1450

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EURGBP Remains Weak And Vulnerable To The Downside

EURGBP remains weak and vulnerable to the downside as it looks for more decline. On the downside, support stands 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. Its daily RSI is bearish and pointing lower suggesting further decline. Conversely, resistance lies at the 0.8800 level. A violation

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EURUSD Faces Risk Of More Recovery Threats

EURUSD faces risk of more recovery threats in the week following a reversal ahead of its key support the past week. Support comes in at the 1.1250 where a break will aim at the 1.1200 level. A break below here will target the 1.1150 level. Further down, support lies at the 1.1100. On the upside, resistance resides at 1.1350 level with a break

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USDCHF Backs Off Higher Prices On Loss Of Momentum

USDCHF backs off higher prices on loss of upside momentum on Friday. This development leaves risk of more weakness on the cards. Resistance comes in at the 1.0100 level. A break of here will clear the way for more gain towards the 1.0150 level. Above here, resistance lies at the 1.0200 level and then the 1.0250 level. On the downside, support is seen

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GBPUSD Weakens On Further Bear Pressure Towards 1.2720 Zone

GBPUSD weakens on further bear pressure towards 1.2720 zone following its Wednesday losses. Support sits at 1.2750 level. Further down, support comes in at the 1.2700 level where a break will turn focus to the 1.2650 level. Further down, support lies at the 1.2600 level. Below here will set the stage for more weakness towards the 1.2550 level. On the upside, resistance stands

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GBPJPY Eyes Upside Pressure On Further Corrective Recovery

GBPJPY eyes upside pressure on further corrective recovery as it retain its bull pressure. On the downside, support comes in at the 142.50 level where a violation will aim at the 142.00 level. A break below here will target the 141.50 level followed by the 141.00 level. Conversely, resistance is seen at the 143.00 level followed by the 143.50 level. A cut through

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