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USDCHF Closed Lower On Bearish Pressure

USDCHF closed lower on bearish pressure the past week, opening the door for more decline. Resistance resides at the 1.0050 level. Above here, resistance lies at the 1.0100 level and then the 1.0250 level. Further out, resistance comes in at the 1.0150 level. On the downside, support is seen at the 1.0000 level with a turn below here setting the stage for more

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GOLD Looks To Decline Further On Medium Term Bear Pressure

GOLD looks to decline further on medium term bear pressure following its lower close the past week. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 level. Below here if seen could trigger further downside

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EURUSD Broader Bias Remains Lower Towards The 1.1109 Support Zone

EURUSD broader bias remains lower towards the 1.1109 support zone. Support comes in at the 1.1050 where a violation will turn risk to the 1.1000 level. A break below here will target the 1.0950 level. Further down, support sits at the 1.0900. more decline. Its weekly RSI is bearish and pointing lower suggesting further weakness. Conversely, on the upside, resistance resides at 1.1200

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EURUSD Outlook Still Points Higher On Recovery

EURUSD outlook still points higher on recovery as we enter a 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. Conversely, on the upside, resistance resides at 1.1250 level with a break through there opening the door for

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EURUSD Turns Off Lower Prices With Eyes On Upside

EURUSD turns off lower prices with eyes on upside pressure. This has opened the door for more gain in the days ahead. Support comes in at the 1.1150 where a violation will turn risk to the 1.1100 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.1000. Conversely, on the upside, resistance resides at 1.1250 level

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GBPJPY Targets 147.19 Resistance Zone On More Recovery

GBPJPY targets 147.19 resistance zone on more recovery. On the downside, support comes in at the 146.00 level where a violation will aim at the 145.50 level. A break below here will target the 145.00 level followed by the 144.50 level. Conversely, resistance is seen at the 147.00 level followed by the 147.50 level. A cut through that level will set the stage

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EURUSD Remains Vulnerable But With Caution Of Recovery

EURUSD remains vulnerable but with caution of recovery though retaining its broader downside pressure.. Support comes in at the 1.1100 where a violation will turn risk to the 1.1050 level. A break below here will target the 1.1000 level. Further down, support sits at the 1.0950. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, on the upside, resistance resides

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USDCHF Turns Off Higher Prices On Price Failure

USDCHF turns off higher prices on price failure on Friday leaving risk of a pullback on the cards. Resistance resides at the 1.0250 level. Above here, resistance lies at the 1.0300 level and then the 1.0350 level. Further out, resistance comes in at the 1.0400 level. On the downside, support is seen at the 1.0150 level. A turn below here will set the

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