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GOLD Eyes 1,310.00 Resistance Zone On Bull Pressure

GOLD eyes 1,310.00 resistance zone on further strength. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level. Further down, a cut through here will open the door for a move lower towards the 1,270.00 level. Below here if seen could trigger further downside pressure targeting the 1,260.00 level. Conversely, resistance resides at

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USDCAD Faces Upside Risk On Price Rejection

USDCAD faces upside risk following its price rejection on Wednesday. Support comes in at the 1.3300 level where a break will aim at the 1.3250 level. Further down, support comes in at the 1.3200 level where a turn lower may occur. But if further weakness is triggered support comes in at the 1.3400 level. Conversely, resistance lies at the 1.3450 level where a

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GBPUSD Retains Upside Pressure On Recovery

GBPUSD retains upside pressure on recovery higher. Support stands at 1.3000 level. Further down, support comes in at the 1.2950 level where a break will turn focus to the 1.2900 level. Further down, support lies at the 1.2850 level. Below here will set the stage for more weakness towards the 1.2800 level. On the upside, resistance stands at the 1.3050 with a turn

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USDJPY Targets Further Recovery Threat On Bull Pressure

USDJPY targets further recovery threats as it builds on bull pressure with eyes on the 111.89 resistance zone. On the upside, resistance comes in at 112.50 level. Above this level will turn attention to the 113.00 level. Further out, we expect a possible move towards the 113.50 level. A cut through here will open the door for more gain towards the 114.00. Its

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EURUSD Bear Pressure Remains Intact, Looks To Weaken Further

EURUSD bear pressure remains intact as it looks to pressure further lower in the new week. Support comes in at the 1.1200 where a violation will turn risk to the 1.1150 level. A break below here will target the 1.1100 level. Further down, support sits at the 1.1050. Its daily RSI remains weak and vulnerable suggesting further weakness. Conversely, on the upside, resistance

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GBPUSD Maintains Bear Pressure Short Term

GBPUSD maintains bear pressure in the short term as it closed lower on Friday. Support stands at 1.3000 level. Further down, support comes in at the 1.2950 level where a break will turn focus to the 1.2900 level. Further down, support lies at the 1.2850 level. Below here will set the stage for more weakness towards the 1.2800 level. On the upside, resistance

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CRUDE OIL Eyes 60.37 Resistance Zone And Beyond

CRUDE OIL eyes 60.37 resistance zone and beyond as it follows through higher on its Thursday price reversal. Support lies at the 59.50 level where a break will expose the 59.00 level. A cut through here will set the stage for a run at the 58.50 level. Further down, support comes in at the 58.00 level. On the upside, resistance resides at the

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USDJPY Recovery Threat Eyes The 111.15/29 Resistance Zone

USDJPY recovery threat eyes the 111.15/29 resistance zone. On the upside, resistance comes in at 111.00 level. Above this level will turn attention to the 111.50 level. Further out, we expect a possible move towards the 112.00 level. A cut through here will open the door for more gain towards the 112.30. Its daily RSI is bullish and pointing higher suggesting further upside

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