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FXTechstrategy  
#61 Posted : Wednesday, June 27, 2018 11:25:25 AM(UTC)
FXTechstrategy


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USDJPY: Threatening Further Bull Pressure

USDJPY: The pair looks to recover further higher leaving risk of more strength on the cards. On the downside, support lies at the 110.00 level where a break if seen will aim at the 109.50 level. A cut through here will turn focus to the 10.00 level and possibly lower towards the 108.50 level. On the upside, resistance resides at the 110.50 level. Further out, we envisage a possible move towards the 111.00 level. Further out, resistance resides at the 111.50 level with a turn above here aiming at the 112.00 level. On the whole, USDJPY faces further downside pressure near term.

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FXTechstrategy  
#62 Posted : Sunday, July 08, 2018 5:29:17 PM(UTC)
FXTechstrategy


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EURUSD: Faces Further Upside Pressure

EURUSD: The pair still faces further upside pressure on recovery. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1.1850 level. Conversely, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level. Below here will open the door for more weakness towards the 1.1450. All in all, EURUSD faces further upside pressure but with caution of a recovery.

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FXTechstrategy  
#63 Posted : Wednesday, July 11, 2018 10:34:12 AM(UTC)
FXTechstrategy


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EURJPY: Continues To Retain Upside Pressure

EURJPY: The pair retains its broader uptrend though seeing price hesitation. Support comes in at the 130.00 level where a break if seen will aim at the 129.50 level. A cut through here will turn focus to the 129.00 level and possibly lower towards the 128.50 level. On the upside, resistance resides at the 130.50 level. Further out, we envisage a possible move towards the 131.00 level. Further out, resistance resides at the 131.50 level with a turn above here aiming at the 132.00 level. On the whole, EURJPY faces further upside threats but with caution.

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FXTechstrategy  
#64 Posted : Sunday, July 15, 2018 12:57:49 PM(UTC)
FXTechstrategy


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EURUSD: Faces Further Downside Pressure But With Caution

EURUSD: The pair looks to extend its weakness after selling off on Wednesday. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1.1850 level. Conversely, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level. Below here will open the door for more weakness towards the 1.1450. All in all, EURUSD faces further upside pressure but with caution of a recovery.
FXTechstrategy  
#65 Posted : Friday, July 20, 2018 9:55:24 AM(UTC)
FXTechstrategy


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USDJPY: Pulls Back, Weakens

USDJPY: The pair remains biased to the downside on further corrective weakness. On the downside, support lies at the 112.00 level where a break if seen will aim at the 111.50 level. A cut through here will turn focus to the 111.00 level and possibly lower towards the 110.50 level. On the upside, resistance resides at the 113.00 level. Further out, we envisage a possible move towards the 113.50 level. Further out, resistance resides at the 114.00 level with a turn above here aiming at the 114.50 level. On the whole, USDJPY faces further downside pressure.

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FXTechstrategy  
#66 Posted : Wednesday, July 25, 2018 9:53:45 AM(UTC)
FXTechstrategy


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GBPUSD: Bullish, Eyes Further Corrective Upside

GBPUSD: The pair continues to retain its upside pressure leaving risk of more strength on the cards in the days ahead. Support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level. Below here will set the stage for more weakness towards the 1.2950 level. Conversely, resistance stands at the 1.3200 levels with a turn above here allowing more strength to build up towards the 1.3250 level. Further out, resistance resides at the 1.3300 level followed by the 1.3350 level. On the whole, GBPUSD remains biased to upside on correction.

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FXTechstrategy  
#67 Posted : Sunday, July 29, 2018 2:28:44 PM(UTC)
FXTechstrategy


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EURUSD: Eyes Further Upside Pressure

EURUSD: The pair looks to recovery higher on correction though facing consolidation threats. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1.1850 level. Conversely, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level. Below here will open the door for more weakness towards the 1.1450. All in all, EURUSD faces further upside pressure.

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FXTechstrategy  
#68 Posted : Sunday, August 19, 2018 2:32:03 PM(UTC)
FXTechstrategy


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EURUSD: Halts Weakness, Eyes Further Recovery Higher

EURUSD: The pair looks to correct further higher in the new week as it faces further recovery threats. On the upside, resistance comes in at 1.1450 level with a cut through here opening the door for more upside towards the 1.1500 level. Further up, resistance lies at the 1.1550 level where a break will expose the 1.1600 level. Conversely, support lies at the 1.1400 level where a violation will aim at the 1.1350 level. A break of here will aim at the 1.1300 level. Below here will open the door for more weakness towards the 1.1250. All in all, EURUSD faces further downside pressure

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FXTechstrategy  
#69 Posted : Sunday, August 26, 2018 10:05:58 AM(UTC)
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EURUSD: Sets Up To Recover Further Higher

EURUSD: The pair looks to recover further higher following its past week strength. On the upside, resistance comes in at 1.1650 level with a cut through here opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1.1750 level where a break will expose the 1.1800 level. Conversely, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level. Below here will open the door for more weakness towards the 1.1450. All in all, EURUSD faces further upside pressure


http://www.fxtechstrateg...18/08/EURUSDWeekly-3.png
FXTechstrategy  
#70 Posted : Thursday, August 30, 2018 9:54:55 AM(UTC)
FXTechstrategy


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CRUDE OIL: Sees Further Upside, Eyes The 70.41 Region

CRUDE OIL: The commodity faces further recovery threats following its higher close on Wednesday. On the downside, support resides at the 69.50 level where a break will expose the 69.00 level. A cut through here will set the stage for a run at the 68.50 level. Further down, support resides at the 68.00 level. On the upside, resistance resides at the 70.50 level. Further out, resistance comes in at the 71.00 level. A break above here will aim at the 71.50 level and then the 72.00 level followed by the 72.50 level. Its daily RSI is bullish and pointing higher suggesting further strength. All in all, CRUDE OIL remains biased to the upside.


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FXTechstrategy  
#71 Posted : Sunday, September 02, 2018 8:43:17 AM(UTC)
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EURUSD: Loses Upside Momentum, Faces Pullback Risk With Eyes On 1.1534 Zone

EURUSD: The pair looks to pullback in the new week after turning lower the past week. On the upside, resistance comes in at 1.1650 level with a break through there opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1.1750 level where a break will expose the 1.1800 level. Conversely, support lies at the 1.1550 level where a violation will aim at the 1.1500 level. A break of here will aim at the 1.1450 level. Below here will open the door for more weakness towards the 1.1400. All in all, EURUSD faces further downside pressure

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FXTechstrategy  
#72 Posted : Sunday, September 09, 2018 10:07:06 AM(UTC)
FXTechstrategy


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EURUSD: Eyes Further Weakness Towards The 1.1529/00 Zone

EURUSD: The pair looks to follow through lower following its past week losses. On the upside, resistance comes in at 1.1600 level with a break through there opening the door for more upside towards the 1.1650 level. Further up, resistance lies at the 1.1700 level where a break will expose the 1.1750 level. Conversely, support lies at the 1.1500 level where a violation will aim at the 1.1450 level. A break of here will aim at the 1.1400 level. Below here will open the door for more weakness towards the 1.1350. All in all, EURUSD faces further downside pressure as we look for more bear pressure.

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FXTechstrategy  
#73 Posted : Sunday, September 16, 2018 2:28:36 PM(UTC)
FXTechstrategy


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EURUSD: Outlook Remains Lower With Eyes On Key Support

EURUSD: The pair may have closed higher the past week but could see a move lower following its price reversal on Friday (see daily chart). On the downside, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level. Below here will open the door for more weakness towards the 1.1450. Conversely, resistance comes in at 1.1650 level with a break through there opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1.1750 level where a break will expose the 1.1800 level. All in all, EURUSD may have closed higher but faces pullback threats.

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FXTechstrategy  
#74 Posted : Sunday, September 23, 2018 11:01:34 AM(UTC)
FXTechstrategy


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EURUSD: The pair still faces further upside pressure following its rally on Thursday. On the upside, resistance comes in at 1.1800 level with a break through there opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Its weekly RSI is bullish and pointing higher suggesting further upside pressure. Conversely, support lies at the 1.1750 level where a violation will aim at the 1.1700 level. A break of here will aim at the 1.1650 level. Below here will open the door for more weakness towards the 1.1600. All in all, EURUSD still faces further upside pressure though with caution.

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