Get started

Forex-trade

AUDUSD Vulnerable, Targets Further WeaknessAUDUSD threatens further downside pressure as it looks to weaken further lower in the days ahead. On the downside, support comes in at the 1.6750 level. A cut through here will turn focus to the 0.6700 level and then the 0.6650 level. A violation will set the stage for a retarget of the 0.6600 level. Conversely, resistance lies at the 0.6850 level where a breach will aim at the 0.6900 level. Below here will open the door for a run at the 0.6950 level and then the 0.7000 level. Its daily RSI is bullish and pointing higher suggesting more strength. On the whole, AUDUSD faces further upside threats on correction.
Long
by FXTechstrategy
NZDUSD Looks To Recover Further Higher Towards The 0.6465 Zone. NZDUSD the pair closed further higher on Monday leaving risk of more strength in the days ahead. Support lies at the 0.6400 level where a break will turn attention to the 0.6350 level. A break of here will have to happen to create scope for a move higher towards the 0.6300 level. Further out, resistance resides at the 0.6250 level. Conversely, resistance stands at the 0.6500 level. Further down, the 0.6550 level comes in as the next downside target and then the 0.6600 level. Its daily RSI is bullish and pointing higher suggesting more gain. All in all, NZDUSD faces further upside threats in the days ahead.
Long
by FXTechstrategy
USDCHF Remains On The Offensive With Eyes On 1.0027 Level USDCHF remains on the offensive with eyes on 1.0027 resistance zone. Resistance comes in at the 1.0050 level. Above here, resistance lies at the 1.0100 level and then the 1.0150 level. Further out, resistance stands at the 1.0200 level. On the downside, support comes in at the 0.9950 level with a turn below here opening the door for a move towards the 0.9800 level. And then followed by the 0.9750 level. Further down, support resides at the 0.9700 level. Its weekly RSI is bullish and pointing higher suggesting further strength. All in all, USDCHF remains biased to the upside nearer term.
Long
by FXTechstrategy
EURUSD More Price Strength Envisaged EURUSD with the pair retaining its recovery threats after closing higher the past week, more gain is expected. Support comes in at the 1.1100 where a break will turn risk to the 1.1050 level. A breach below here will target the 1.1000 level. Further down, support stands at the 1.0950. Conversely, on the upside, resistance comes in at 1.1200 level with a violation of there opening the door for further gain towards the 1.1250 level. Further up, resistance lies at the 1.1300 level. A cut through that level will clear the way for a move towards the 1.1350 level. All in all, EURUSD expects more gain in the days ahead
Long
by FXTechstrategy
USDCHF Remains Biased To The Upside Towards 1.0027 Zone USDCHF with the pair retaining its upside pressure, more gain is expected to happen in the new week. Resistance comes in at the 1.0027 level. Above here, resistance lies at the 1.0050 level and then the 1.0100 level. Further out, resistance stands at the 1.0150 level. On the downside, support is located at the 0.9900 level with a turn below here opening the door for more decline towards the 0.9850 level. And then the 0.9800 level. Further down, support comes in at the 0.9750 level. All in all, USDCHF remains biased to the upside in the days ahead.
Long
by FXTechstrategy
AUDUSD Retains Its Broader Downside Bias AUDUSD threatens further downside pressure as it sold off on Tuesday. On the downside, support lies at the 1.6650 level. A cut through here will turn focus to the 0.6600 level and then the 0.6550 level where a violation will set the stage for a retarget of the 0.6500 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance lies at the 0.6750 level where a breach will aim at the 0.6800 level. Below here will open the door for a run at the 0.6850 level and then the 0.6900 level. On the whole, AUDUSD faces further downside threats medium term.
Short
by FXTechstrategy
GBPCADHello, GBPCAD Meeting Double Demand :) We Expect it to go to the next supply above I'll be happy to read your opinion and ideas, Remember, we are speculators, not investors ;) Have a profitable day ________________________________________________________________________________________ Golden Trading Rules: As long as a stock is acting right, and the market is right, do not be in a hurry to take profits. ________________________________________________________________________________________
Long
by Aidin_Jabarpoor
GBPJPY Looks To Resume Short Term Uptrend GBPJPY looks to resume short term uptrend as it eyes further upside strength. On the downside, support comes in at the 135.00 level where a violation will aim at the 134.50 level. A break below here will target the 134.00 level followed by the 133.50 level. Conversely, resistance is seen at the 136.00 level followed by the 136.50 level. A cut through that level will set the stage for a move further higher towards the 137.00 level. Further out, resistance resides at the 137.50 level. Its daily RSI is bullish and pointing higher suggesting further strength. All in all, GBPJPY remains biased to the upside on further recovery.
Long
by FXTechstrategy
1
EURUSD Continues To Retain Its Broader Downside Pressure EURUSD continues to retain its broader downside pressure as it holds on ti its broader medium term weakness. Support comes in at the 1.1000 where a break will turn risk to the 1.0950 level. A breach below here will target the 1.0900 level. Further down, support stands at the 1.0850. Conversely, on the upside, resistance comes in at 1.1050 level with a violation of there opening the door for further gain towards the 1.1100 level. Further up, resistance lies at the 1.1150 level. A cut through that level will clear the way for a move towards the 1.1200 level. All in all, EURUSD expects more weakness in the days ahead
Short
by FXTechstrategy
USDCHF Looks To Extend Its Short Term Recovery Pressure USDCHF looks to extend its short term recovery pressure. Resistance comes in at the 0.9950 level. Above here, resistance lies at the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level. Its weekly RSI is bullish and pointing higher suggesting further strength. On the downside, support is located at the 0.9850 level with a turn below here opening the door for more decline towards the 0.9800 level. And then the 0.9750 level. Further down, support comes in at the 0.9700 level. All in all, USDCHF remains biased to the upside on price extension
Long
by FXTechstrategy
GBPJPY Follows Through Higher On Price Extension GBPJPY extended its strength on Thursday following its rally on Wednesday. On the downside, support comes in at the 131.50 level where a violation will aim at the 131.00 level. A break below here will target the 130.50 level followed by the 130.00 level. Conversely, resistance is seen at the 132.50 level followed by the 133.00 level. A cut through that level will set the stage for a move further higher towards the 133.50 level. Further out, resistance resides at the 134.00 level. Its daily RSI is bullish and pointing higher suggesting further strength. All in all, GBPJPY remains biased to the upside on further recovery pressure.
Long
by FXTechstrategy
AUDUSD Faces Recovery Threats On Lower Price Rejection AUDUSD faces recovery threats on lower price rejection ahead of its key support. On the upside, resistance lies at the 1.6750 level. A cut through here will turn focus to the 0.6800 level and then the 0.6900 level where a violation will set the stage for a retarget of the 0.6850 level. Support lies at the 0.6700 level where a breach will aim at the 0.6650 level. Below here will open the door for a run at the 0.6600 level and then the 0.6550 level. On the whole, AUDUSD faces further upside threats on recovery.
Long
by FXTechstrategy