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GBPUSD: Bullish, Eyes Further Upside Pressure

GBPUSD: With the pair continuing to hold on to its corrective recovery, more strength is envisaged in the days ahead. Support lies at the 1.2900 level where a break will turn attention to the 1.2850 level. Further down, support lies at the 1.2800 level. Below here will set the stage for more weakness towards the 1.2750 level. Conversely, resistance stands at the 1.3000

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GOLD: Vulnerable, Risk Remains Lower

GOLD: The commodity continues to hold on to its downside pressure on correction. On the downside, support comes in at the 1,260.00 level where a break will turn attention to the 1,250.00 level. Further down, a cut through here will open the door for a move lower towards the 1,240.00 level. Below here if seen could trigger further downside pressure targeting the 1,230.00

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AUDUSD: Weakens On Bear Pressure

AUDUSD. The pair turned lower on Tuesday and followed through lower on Wednesday. On the downside, support resides at the 0.7450 level where a breach will aim at the 0.7400 level. Below that level will set the stage for a run at the 0.7350 level with a cut through here targeting further downside pressure towards the 0.7300 level. On the upside, resistance lies

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USDJPY: Bullish, Continues To Retain Recovery Threats

USDJPY: The pair now faces bullish risk following its gap higher on Monday. On the downside, support comes in at the 110.00 level where a break if seen will aim at the 109.50 level. A cut through here will turn focus to the 109.00 level and possibly lower towards the 108.50 level. On the upside, resistance resides at the 111.00 level. Further out,

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Are You Sabotaging Yourself And Your Trading?

Have you ever become confused in a trade? Most traders have at one time or another, even the pros. It can result from trading at cross purposes. In other words, part of you wanted to take an identified set-up and that part felt centered, grounded and focused on the things that mattered; and, the other part of you was fragmented, frustrated, frazzled and

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CRUDE OIL: Vulnerable, Retains Bearish Bias

CRUDE OIL: The commodity looks to weaken further after selling off the past week. On the downside, support resides at the 49.00 level where a break will expose the 48.00 level. A cut through here will set the stage for a run at the 47.50 level. Further down, support resides at the 47.00 level. On the upside, resistance resides at the 50.00 level.

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EURUSD: Recovers, Threatens Further Upside Pressure

EURUSD: With the pair retaining its upside pressure, more strength is expected. Resistance comes in at 1.0750 level with a cut through here opening the door for more upside towards the 1.0800 level. Further up, resistance lies at the 1.0850 level where a break will expose the 1.0900 level. Conversely, support lies at the 1.0650 level where a violation will aim at the

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GBPUSD: Rallies To Close The Week Higher.

GBPUSD: With the pair continuing to hold on to its corrective recovery following its past week gains, more strength is envisaged in the new week. Support lies at the 1.2750 level where a break will turn attention to the 1.2700 level. Further down, support lies at the 1.2650 level. Below here will set the stage for more weakness towards the 1.2600 level. Conversely,

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