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Latest Activity

fxtech's 2 blog posts were featured
9 hours ago
fxtech posted blog posts
10 hours ago
fxtech's 2 blog posts were featured
yesterday
fxtech posted a blog post

Weekly Technical Strategist On EURUSD

EURUSD: Bullish With CautionEURUSD: Although EUR may be biased to the upside on the weekly chart, its price action on the daily chart is suggestive of a move lower on correction. This development leaves risk lower in the new week. Resistance is seen at the 1.1289 level with a cut through here opening the door for more downside towards the 1.1350 level. Further up, resistance lies at the 1.1400 level where a break will expose the 1.1450 level. Conversely, support lies at the 1.1100 level where a…See More
Sunday
fxtech posted a blog post

The Week Ahead On USDCHF

USDCHF: Sells Off On Loss Of Upside MomentumUSDCHF: Having USDCHF declined strongly the past week, it could extend that weakness in the new week. On the downside, support comes in at the 0.9250 level. A turn below here will open the door for more weakness to occur towards the 0.9200 level and then the 0.9150 level. A cut through here will open the door for additional weakness towards the 0.9100 level. Its weekly RSI is bearish and pointing lower supporting this view. Conversely, resistance…See More
Saturday
fxtech's blog post was featured

Daily Technical Strategist On GBPUSD

GBPUSD: Weakens On Correction GBPUSD: GBP weakened on Thursday leaving risk of a move further lower on the cards. On the upside, resistance resides at the 1.5400 level with a break aiming at the 1.5450 level. A violation will aim at the 1.5500 level and possibly higher towards the 1.5550 level. On the downside, support lies at the 1.5300 level where a break if seen will aim at the 1.5250 level. A break of here will turn attention to the 1.5200 level. Further down, support lies at the 1.5150…See More
Friday
fxtech posted a blog post

Daily Technical Strategist On GBPUSD

GBPUSD: Weakens On Correction GBPUSD: GBP weakened on Thursday leaving risk of a move further lower on the cards. On the upside, resistance resides at the 1.5400 level with a break aiming at the 1.5450 level. A violation will aim at the 1.5500 level and possibly higher towards the 1.5550 level. On the downside, support lies at the 1.5300 level where a break if seen will aim at the 1.5250 level. A break of here will turn attention to the 1.5200 level. Further down, support lies at the 1.5150…See More
Friday
fxtech's 2 blog posts were featured
Apr 28
fxtech posted blog posts
Apr 28
fxtech's 3 blog posts were featured
Apr 27
fxtech posted blog posts
Apr 27
fxtech posted a blog post

The Week Ahead On USDCHF

USDCHF: Vulnerable, Risk Points LowerUSDCHF: With a reversal of almost all of its past week gains seen at the end of the week to close slightly higher, USDCHF now faces the risk of a move lower in the new week. On the downside, support comes in at the 0.9500 level. A turn below here will open the door for more weakness to occur towards the 0.9450 level and then the 0.9386 level. A cut through here will open the door for additional weakness towards the 0.9300 level. Its weekly RSI is bearish and…See More
Apr 25
fxtech's 2 blog posts were featured
Apr 23
fxtech posted blog posts
Apr 23
fxtech's blog post was featured

Daily Technical Strategist On GBPUSD

GBPUSD: Weakens, Vulnerable Below Key Resistance GBPUSD: With GBP seen weak and vulnerable on the back of its rejection candle print on Friday, more decline cannot ruled out. On the downside, support lies at the 1.4850 level where a break if seen will aim at the 1.4800 level. A break of here will turn attention to the 1.4700 level. Further down, support lies at the 1.4650 level. Its daily RSI is turning lower supporting this view. On the upside, resistance resides at the 1.5000 level with a…See More
Apr 20
fxtech posted a blog post

Daily Technical Strategist On GBPUSD

GBPUSD: Weakens, Vulnerable Below Key Resistance GBPUSD: With GBP seen weak and vulnerable on the back of its rejection candle print on Friday, more decline cannot ruled out. On the downside, support lies at the 1.4850 level where a break if seen will aim at the 1.4800 level. A break of here will turn attention to the 1.4700 level. Further down, support lies at the 1.4650 level. Its daily RSI is turning lower supporting this view. On the upside, resistance resides at the 1.5000 level with a…See More
Apr 20

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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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For more info contact us at http://www.fxtechstrategy.com/contact-us

Fxtech's Blog

Daily Technical Strategist On EURJPY

Posted on May 5, 2015 at 7:03am 0 Comments

EURJPY: Weakens, Eyes Further Downside

EURJPY- Having triggered a corrective pullback, further weakness is envisaged. This is coming on the back of price pullbacks on the lower level charts on Friday and a long tailed candle formation. Resistance lies at the 134.50 level. Further out, resistance resides at the 135.00 level where a break if seen will threaten further upside towards the 136.00. Further out, resistance resides at the 136.50 level. On the downside, support comes in at the…

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Daily Technical Strategist On USDJPY

Posted on May 4, 2015 at 2:28pm 0 Comments

USDJPY: Retains Broader Upside Bias

USDJPY: Unless the pair retains below the 118.48/32 support zone, it continues to retain its broader upside bias in the medium term. On the upside, resistance resides at the 120.83 level with a turn above here aiming at the 122.00 level. A break will target the 122.50 level. Further out, resistance comes in at the 123.00 level where a violation will aim at the 123.50 level. On the downside, support comes in at the 119.50 level where a break will…

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Weekly Technical Strategist On EURUSD

Posted on May 3, 2015 at 3:31pm 0 Comments

EURUSD: Bullish With Caution

EURUSD: Although EUR may be biased to the upside on the weekly chart, its price action on the daily chart is suggestive of a move lower on correction. This development leaves risk lower in the new week. Resistance is seen at the 1.1289 level with a cut through here opening the door for more downside towards the 1.1350 level. Further up, resistance lies at the 1.1400 level where a break will expose the 1.1450 level. Conversely, support lies at the 1.1100…

Continue

The Week Ahead On USDCHF

Posted on May 2, 2015 at 3:17pm 0 Comments

USDCHF: Sells Off On Loss Of Upside Momentum

USDCHF: Having USDCHF declined strongly the past week, it could extend that weakness in the new week. On the downside, support comes in at the 0.9250 level. A turn below here will open the door for more weakness to occur towards the 0.9200 level and then the 0.9150 level. A cut through here will open the door for additional weakness towards the 0.9100 level. Its weekly RSI is bearish and pointing lower supporting this view. Conversely,…

Continue

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