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GOLD Retains Its Downside Pressure With Eyes On 1,276.00 Zone

GOLD: The commodity closed lower the past week leaving risk of more decline on the cards in the new week. 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

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EURUSD Sees Price Hesitation With Downside Bias

EURUSD: With the pair still facing price correction despite its past week price hesitation, more correction is envisaged. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1.2100 level where a break will expose the 1.2150 level. Conversely, support lies at the 1.1900 level where

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USDCHF Follows Through Higher On Bull Pressure

USDCHF: With the pair following through higher on the back of previous week gains the past week, more strength should follow. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level. On the upside, resistance resides at the 0.9750 level where a break will

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USDCHF Remains Vulnerable, Faces Further Downside Pressure

USDCHF: With the pair following through lower on the back of Thursday losses on Friday, more decline is envisaged as enter a new week. On the downside, support lies at the 0.9550 level. A turn below here will open the door for more weakness towards the 0.9500 level and then the 0.9450 level. On the upside, resistance resides at the 0.9650 level where

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GOLD Faces Pullback Threats Despite Bull Pressure

GOLD: The commodity looks to weaken further following its Friday price rejection. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards the 1,320.00 level. Below here if seen could trigger further downside pressure targeting the 1,310.00 level.

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EURUSD Closes Higher On Bull Pressure But With Caution

EURUSD: With the pair seen closing higher on Tuesday, more recovery is envisaged. Resistance comes in at 1.2100 level with a cut through here opening the door for more upside towards the 1.2150 level. Further up, resistance lies at the 1.2200 level where a break will expose the 1.2250 level. Its daily RSI is bullish and pointing higher suggesting further upside pressure. Conversely,

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USDCHF Remains Bearish, Resumes Its Downside Pressure

USDCHF: With the pair retaining its downside pressure to close lower the past week, more decline is likely. On the downside, support lies at the 0.9400 level. A turn below here will open the door for more weakness towards the 0.9350 level and then the 0.9300 level. Its weekly RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides

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