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...
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