EURUSD: Closes Higher With Caution
EURUSD: Though EUR closed higher the past week, it gave back most of those gains suggesting a move lower may occur in the new week. Resistance is seen at the 1.1250 level with a cut through here...
View ArticleEURUSD: Eyes Key Support
EURUSD: Outlook for EUR remains to the downside as it eyes its key support located at the 1.0818/00 levels. This development leaves risk lower in the new week though with caution as correction could...
View ArticleEURUSD: Biased To Upside On Recovery
EURUSD: Having EUR taken back most of its previous week losses to close higher the past week, we could see more recovery occurring. This development leaves risk higher in the new week though with...
View ArticleEURUSD: Loses Upside Momentum, Faces Downside Risk
EURUSD: Having EUR reversed its entire past week gains to close flat, it now faces risk of a move lower in the new week. Support lies at the 1.0900 level where a violation will aim at the 1.0850 level....
View ArticleEURUSD: Risk Builds Up On With Eyes On 1.1128 Zone
EURUSD: Having EUR taken back most of its previous week losses to close flat the past week, we could see more recovery occurring in the new week. This development leaves risk higher in the new week...
View ArticleEURUSD: Retains Recovery Tone, Targets More Strength
EURUSD: With EUR seeing closing higher the past week, it now faces the risk of following through higher in the new week. Note that we may see a slight pullback in the new week. Support lies at the...
View ArticleEURUSD: Presses Higher, Pressure Turns On The 1.4466 Level
EURUSD: With EUR seeing a strong rally the past week, we envisage more strength in the new. However, note that a consolidation with a pullback may occur. Support lies at the 1.1300 level where a...
View ArticleEURUSD Bias Remains To The Downside
EURUSD: EUR lost its upside momentum to close lower the past week leaving further downside pressure on the cards in the new week. However, note that a consolidation with a pullback higher may occur....
View ArticleEURGBP: Pushes Higher On Further Bull Pressure
EURGBP - With the cross strengthening further the past week, it looks to move further higher towards its key resistance seen at 0.7421 level. On the upside, resistance lies at the 0.7450 level where a...
View ArticleEURUSD: Focus Shifts To The 1.1409 Level
EURUSD: Having EUR closed higher after failing to follow through lower on the back of its previous week losses, it now faces the risk of upside price continuation. However, note that a resistance at...
View ArticleEURJPY: Looks To Follow Through Lower On Bear Pressure
EURJPY: With the cross selling off on Friday to close the week lower, we envisage a follow-through lower in the days ahead. Support comes in at the 135.00 level where a break will aim at the 134.50...
View ArticleEURUSD Maintains Broader Downside Bias With Eyes On 1.1086 Zone
EURUSD: Having EUR closed lower the past week we expect more weakness to follow. But this comes with a warning that as long as it trades and holds above the 1.1086 level, we may see it headed higher in...
View ArticleEURUSD: Vulnerable Below The 1.1295/1.1318 Zone
EURUSD: Having EUR taken back almost all of its past week gains to close slightly lower, risk of a follow through to the downside is now developing. While the 1.1295/80 zone holds as overhead...
View ArticleEURUSD: Threats Builds Up Pressure On The 1.1459 Zone
EURUSD: Having EUR closed strongly higher the past week, it now looks to extend that strength towards its key support zone at 1.1459. We may see price hesitation at this level or even a pullback....
View ArticleEURUSD: Sets Up For More Bear Pressure
EURUSD: Having EUR closed slightly lower the past week on a rejection candle print, it faces additional weakness in the new week. This view remains valid as long as the pair can trade and hold below...
View ArticleEURUSD: Sees Bear Pressure With Price Extension Risk
EURUSD: A large sell-off the past week now left EUR testing its key support located at the 1.1016 level. However, this level should provide a temporary support causing a corrective recovery. But if...
View ArticleEURUSD: Broader Bias Continues To Point Lower
EURUSD: The pair may have closed flat the past week, a sign of price exhaustion but it still holds on to broader downside bias. Support is located at the 1.0950 level But if violated, expect more...
View ArticleEURUSD: Tumbles On Heavy Sell Off, Stays Below 1.0807
EURUSD: The pair witnessed a sharp sell off the past week cutting through its key support the 1.0818/08 zone. This development leaves EUR lower as we enter a new week. It will have to maintain below...
View ArticleUSDCAD: Ended The Week Slightly Higher
USDCAD: Having printed a rejection candle ahead of its key resistance located at 1.3435/56 zone, USDCAD ended the week slightly higher. This leaves risk of a pullback in the new week on continued price...
View ArticleEURUSD: Eyes Price Extension On Bullish Offensive
EURUSD: With a strong rally occurring the past week, EURUSD eyes price extension on bullish offensive. However, it may pullback after such a strong move. On the upside, resistance is comes at 1.0900...
View ArticleEURUSD: Remains Bearish Below 1.1059 Zone
EURUSD: Except the pair sees a reversal of its past week losses, EURUSD remains bearish below 1.1059 zone, representing its Dec 15 2015 low. On the down, support is located at the 1.0800 level and if...
View ArticleEURUSD: Faces Price Consolidation Risk In The New Week
EURUSD: Having taken back almost all of its previous week losses to close higher on Friday, EURUSD faces price consolidation risk in the new week. This development if triggered could see trade between...
View ArticleEURUSD: Bear Pressure Builds Up On 1.0795 Zone
EURUSD: With a reversal of almost all of its previous week seen the past week, EURUSD bear pressure builds up on 1.0795 zone. On the down, support is located at the 1.0795 level and if violated, expect...
View ArticleEURUSD: Faces Additional Recovery Threats On Price Failure
EURUSD: Having rejected lower level prices to close higher on a rejection candle the past week, EURUSD faces additional recovery threats. On the down, support is located at the 1.0850 level and if...
View ArticleEURUSD: Remains Vulnerable Below Falling Trendline
EURUSD: With Having trade flat (weekly chart) the past week on price reversal, EURUSD remains vulnerable below falling trendline. However, we may see price hesitation initially. On the down, support is...
View ArticleEURUSD: Bear Risk Builds Up On 1.0710 Zone
EURUSD: With EURUSD closing lower the past week, bear risk builds up on 1.0710 level. On the downside, support is located at the 1.0710 level and if violated, expect more weakness to happen towards the...
View ArticleEURUSD: Eyes Key Support At The 1.0710 Area
EURUSD: With EUR taking back most of its earlier gains for the week to close marginally higher on Friday, EURUSD eyes key support at the 1.0710 area. On the downside, support is located at the 1.0750...
View ArticleEURUSD: Looks To Pullback Ahead Of Key Resistance
EURUSD: With EUR pulling back (see daily chart) ahead of its key resistance following its rally above its declining trendline the past week, EURUSD looks to pullback ahead of key resistance. On the...
View ArticleEURUSD: Faces Pullback Threats On Loss Of Momentum
EURUSD: Although holding on to its upside offensive, EURUSD faces pullback threats on loss of momentum at the end of the week. On the downside, support is located at the 1.1200 level and if violated,...
View ArticleEURUSD: Remains Vulnerable To The Downside With Caution
EURUSD remains vulnerable to the downside with risk of a move lower likely. However, its higher close on Friday on a rejection candle, we could see it push higher on a recovery. On the downside,...
View ArticleEURUSD: Faces Further Bearish Pressure On Sell Off
EURUSD: EUR extended its downside pressure the past week leaving risk of more weakness on the cards. On the downside, support is located at the 1.0900 level and if violated, expect more weakness to...
View ArticleEURUSD: Puts In Bottom With Eyes On Upside
EURUSD: Having EUR closed higher the past week, it now looks to strengthen further in the new week. On the downside, support is located at the 1.0950 level and if violated, expect more weakness to...
View ArticleEURUSD: Sees bullish offensive on rally
EURUSD: Having EURUSD closed higher the past week, we envisage further bullish offensive in the new week. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a...
View ArticleEURUSD Remains On Bullish Offensive
EURUSD: Having EURUSD extended its bullish offensive the past week, further gain is expected in the new week. Support lies at the 1.1200 level. Further down, support lies at the 1.1150 level where a...
View ArticleUSDCHF: Vulnerable medium term despite recovery attempts
USDCHF: The pair faces further weakness medium term despite its recovery attempts the past week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more...
View ArticleEURUSD: Bullish but with caution
EURUSD: Although EURUSD remains biased to the upside, we envisage a move lower on correction in the new week. Support lies at the 1.1300 level. Further down, support lies at the 1.1250 level where a...
View ArticleGBPUSD: Vulnerable To The Downside Medium Term
GBPUSD: With the pair continuing to remain weak and vulnerable to the downside, more weakness is likely in the new week. On the downside, support lies at the 1.4100 level where a break will turn...
View ArticleUSDCHF: Targets Further Upside On Correction
USDCHF: Having the pair rallied to close higher the past week, further bullishness is envisaged. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more...
View ArticleEURUSD: Looks To Strengthen Further With Caution
EURUSD: With EURUSD closing higher the past week, further recovery is envisaged. However, it faces its key over head resistance located at 1.1464 level. Support lies at the 1.1400 level. Further down,...
View ArticleEURUSD: Looks To Weaken Further On Corrective Pullbacks
EURUSD: With EURUSD closing lower the past week on corrective pullback, further downside pressure is envisaged.. Support lies at the 1.1350 level. Further down, support comes in at the 1.1300 level...
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