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fxtech posted a blog post

The Week Ahead On USDCHF

USDCHF: Remains On The OffensiveUSDCHF: With a second week of strength seeing further bullishness the past week, additional bull pressure is envisaged. However, watch out for a pullback following its two-week run to the upside. On the upside, resistance resides at the 0.9250 level where a break will aim at the 0.9300 level. Further out, resistance resides at the 0.9350 level. A breather may occur here and turn the pair lower but if that level is taken out, expect a push further higher towards…See More
23 hours ago
fxtech's 2 blog posts were featured
Thursday
fxtech posted blog posts
Thursday
fxtech posted a blog post

daily technical strategist on USDCHF

USDCHF: Halts Recovery, VulnerableUSDCHF: The pair continues to hold on to its upside pressure but now faces price hesitation. On the downside, support lies at the 0.8950 level with a break targeting the 1.8900 level and then the 0.8850 level. Further down, support comes in at the 0.9000 level. On the upside, resistance resides at the 0.9050 level where a break will aim at the 0.9100 level. Further out, resistance resides at the 0.9150 level. A breather may occur here and turn the pair lower…See More
Wednesday
fxtech's blog post was featured

daily technical strategist on AUDUSD

AUDUSD:  Maintains Corrective BiasAUDUSD:  With AUDUSD turning higher on Monday and following through higher on Tuesday, it now faces the risk of further upside in the days ahead. On the downside, support resides at the 0.7850 level where a breach will aim at the 0.7800 level. Below that level will set the stage for a run at the 0.7750 level with a cut through targeting further downside towards the 0.7700 level. On the upside, resistance lies at the 0.7950 level. A cut through here will turn…See More
Tuesday
fxtech posted blog posts
Tuesday
fxtech's 2 blog posts were featured
Monday
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Jan 26
fxtech's blog post was featured

The Week Ahead On USDCHF

USDCAD: Extends Bullish OffensiveUSDCAD: With price extension seen the past week, USDCAD faces further bullishness in the new week. However, a corrective pullback may develop following its recent upside run. On the upside, resistance is seen at the 1.2500 level followed by the 1.2550 level. Further out, resistance comes in at the 1.2600 level where a turn lower may occur. But if further recovery is triggered resistance comes in at the 1.2650 level. Its weekly RSI is bullish and pointing higher…See More
Jan 24
fxtech posted a blog post

The Week Ahead On USDCHF

USDCAD: Extends Bullish OffensiveUSDCAD: With price extension seen the past week, USDCAD faces further bullishness in the new week. However, a corrective pullback may develop following its recent upside run. On the upside, resistance is seen at the 1.2500 level followed by the 1.2550 level. Further out, resistance comes in at the 1.2600 level where a turn lower may occur. But if further recovery is triggered resistance comes in at the 1.2650 level. Its weekly RSI is bullish and pointing higher…See More
Jan 24
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Jan 23
fxtech posted blog posts
Jan 21
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Jan 20
fxtech posted a blog post

Weekly Technical Strategist On EURUSD

EURUSD: Faces Continued BearishnessEURUSD: With further decline occurring the past week, additional downside pressure is likely in the week. Support is seen at 1.1500 level with a cut through here opening the door for more downside towards the 1.1450 level. Further down, support lies at the 1.1400 level where a break will expose the 1.1350 level. Below here will pave the way for a move lower towards the 1.1300 level. On the upside, resistance lies at the 1.1650 level where a violation will aim…See More
Jan 18
fxtech's blog post was featured

The Week Ahead On USDCHF

GBPJPY: Bearish, Extends WeaknessGBPJPY: With the cross extending its weakness the past week, further decline is envisaged in the new week. However, following the mentioned weakness it should trigger a corrective recovery in the new week. On the downside, support comes in at the 175.83 level where a violation will aim at the 175.00 level. A break below here will target the 174.00 level followed by the 173.00 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside,…See More
Jan 18
fxtech posted a blog post

The Week Ahead On USDCHF

GBPJPY: Bearish, Extends WeaknessGBPJPY: With the cross extending its weakness the past week, further decline is envisaged in the new week. However, following the mentioned weakness it should trigger a corrective recovery in the new week. On the downside, support comes in at the 175.83 level where a violation will aim at the 175.00 level. A break below here will target the 174.00 level followed by the 173.00 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside,…See More
Jan 17

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FXTechstrategy provides a comprehensive forex technical research and tools to help traders make objective, easy and better trading decisions.

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Fxtech's Blog

The Week Ahead On USDCHF

Posted on January 31, 2015 at 11:51am 0 Comments

USDCHF: Remains On The Offensive

USDCHF: With a second week of strength seeing further bullishness the past week, additional bull pressure is envisaged. However, watch out for a pullback following its two-week run to the upside. On the upside, resistance resides at the 0.9250 level where a break will aim at the 0.9300 level. Further out, resistance resides at the 0.9350 level. A breather may occur here and turn the pair lower but if that level is taken out, expect a push further…

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commodity technical outlook on GOLD

Posted on January 29, 2015 at 5:26pm 0 Comments

GOLD: Declines On Price Sell Off

GOLD: With GOLD selling off sharply during Thursday trading session, further downside pressure is expected in the days ahead. On the downside, support comes in at the 1,250.00 level where a break will aim at the 1,230.00 level. Below here if seen could trigger further downside towards the 1,200.00 level where a break will aim at the 1,180.00 level. Its daily RSI is bearish and pointing lower supporting this view. Conversely, resistance resides at the…

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Daily Technical Strategist On USDJPY

Posted on January 29, 2015 at 1:48pm 0 Comments

USDJPY: Faces Price Consolidation

USDJPY: With USDJPY still facing consolidation price action, a directional move is now on hold. On the downside, support comes in at the 117.00 level where a break will target the 116.50 level. Below here if seen will aim at the 116.00 level followed by the 115.00 and then the 114.00. On the upside, resistance resides at the 119.00 level followed by the 120.00 level where a break will target the 121.00 level. Further out, resistance comes in at the…

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daily technical strategist on USDCHF

Posted on January 28, 2015 at 2:36pm 0 Comments

USDCHF: Halts Recovery, Vulnerable

USDCHF: The pair continues to hold on to its upside pressure but now faces price hesitation. On the downside, support lies at the 0.8950 level with a break targeting the 1.8900 level and then the 0.8850 level. Further down, support comes in at the 0.9000 level. On the upside, resistance resides at the 0.9050 level where a break will aim at the 0.9100 level. Further out, resistance resides at the 0.9150 level. A breather may occur here and turn the…

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