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EURUSD Risk Remains Towards 1.1215 Zone

EURUSD risk remains towards 1.1215 zone as it looks to weaken further in the days ahead. Support lies at the 1.1300 where a violation will aim at the 1.1250 level. A break below here will aim at the 1.1200 level. Further down, support lies at the 1.1150. Its weekly RSI is bearish and pointing lower suggesting more weakness. On the upside, resistance resides

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USDCHF Targets More Recovery On Price Halt

USDCHF targets more recovery on price halt. This development leaves the pair targeting resistance at the 1.0000 level. A break will clear the way for more gain towards the 1.0050 level. Above here, resistance comes in at the 1.0100 level and then the 1.0150 level. On the downside, support is seen at the 0.9950 level. A turn below there will set the stage

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EURGBP Remains On Offensive With Further Recovery Threats

EURGBP remains on offensive with further recovery threats. On the downside, support stands at the 0.8900 level where a violation will turn focus to the 0.8850 level. A break below here will aim at the 0.8800 level. On the upside, resistance lies at the 0.8950 level. A violation if seen will turn risk towards the 0.9000 level. Further up, resistance comes in at

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AUDUSD Bull Pressure Builds Up Towards 0.7337/81 Zone

AUDUSD bull pressure bulls up towards 0.7337/81 zone as more strength is expected. On the upside, resistance lies at the 1.7400 level. A turn above here will shift attention to the 0.7450 level and then the 0.7500 level. A violation will set the stage for a retarget of the 0.7550 level. Its daily RSI is bullish and pointing higher suggesting further strength. Support

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EURUSD Bear Pressure Builds Up Towards 1.1215 Zone

EURUSD bear pressure builds up towards 1.1215 zone as it looks to extend its weakness. Support stands at the 1.1200 where a break will aim at the 1.1150 level. A break below here will target the 1.1100 level. Further down, support lies at the 1.1050. On the upside, resistance comes in at 1.1350 level with a break through there opening the door for

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GBPUSD Outlook Remains Lower With Eyes On 1.2690 Zone

GBPUSD outlook remains lower with eyes on 1.2690 zone. The pair retains its broader downtrend supporting its present directional move. Support comes in at 1.2750 level. Further down, support stands at the 1.2690 level where a breach will turn focus to the 1.2650 level. Further down, support is seen at the 1.2600 level. Below here will set the stage for additional weakness towards

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USDJPY Threatens 113.62 Resistance Zone On Bull Pressure

USDJPY threatens 113.62 resistance zone on bull pressure. This is coming on the back of its Monday strength. On the upside, resistance comes in at 114.00 level. Above here will turn focus to the 114.50 level. Further out, we expect a possible move towards the 115.00 level if the earlier level is taken out. Above here will open the door for more strength

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EURUSD Retains Bear Pressure, Eyes Support Located at 1.12700

EURUSD retains bear pressure as it eyes more weakness towards the 1.1270 zone. Support lies at the 1.1250 where a violation will aim at the 1.1200 level. A break below here will aim at the 1.1150 level. Further down, support lies at the 1.1100. On the upside, resistance resides at 1.1350 level with a break through there opening the door for further upside

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