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fxtech posted a blog postWeekly Technical Strategist On EURUSD
fxtech's blog post was featuredThe Week Ahead On USDCHF
fxtech posted a blog postThe Week Ahead On USDCHF
fxtech's blog post was featuredWeekly Technical Strategist On EURUSD
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Daily Technical Strategist On EURUSD
Posted on February 27, 2015 at 4:21am 0 Comments 0 Likes
EURUSD: Declines On Sell Off
EURUSD: With EUR triggering a strong sell-off on Thursday, further downside pressure is envisaged. Support is seen at 1.1100 level with a cut through here opening the door for more downside towards the 1.1050 level. Further down, support lies at the 1.1000 level where a break will expose the 1.0950 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside, resistance lies at the 1.1250 level where a violation will aim at the…
Continue commodity technical outlook on GOLD
Posted on February 26, 2015 at 1:27pm 0 Comments 0 Likes
GOLD: Bullish, Extends Corrective Recovery.
GOLD: With GOLD recovering strongly on Thursday, further strength is envisaged in the days ahead. On further upside, resistance resides at the 1,230.00 level where a break will aim at the 1,250.00 level, its key psycho level. A break of here will turn attention to the 1,280.00 level followed by the 1,300.00 level. A cut through this level will extend gains towards the 1,320.00 level. Its daily RSI is bullish and pointing higher supporting…
Continue Daily Technical Strategist On GBPUSD
Posted on February 26, 2015 at 3:30am 0 Comments 0 Likes
GBPUSD: Maintains Bullish Offensive
GBPUSD: Having continued to remain bullish, more recovery is expected. Resistance resides at the 1.5600 level with a break aiming at the 1.5650 level. A violation will aim at the 1.5700 level and possibly higher towards the 1.5750 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support lies at the 1.5500 level where a break if seen will aim at the 1.5450 level. A break of here will turn attention to the…
daily technical strategist on AUDUSD
Posted on February 25, 2015 at 3:47pm 0 Comments 0 Likes
AUDUSD: Bullish, Extends Strength
AUDUSD: With AUDUSD following through higher on the back of its Tuesday gains during Wednesday trading session, further price extension is envisaged. On the upside, resistance lies at the 0.7950 level. A cut through here will turn attention to the 0.8000 level and then the 0.8050 level where a violation will set the stage for a retarget of the 0.8100 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support…
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