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16 hours ago
fxtech posted blog posts
18 hours ago
fxtech posted a blog post

The Week Ahead On USDCHF

USDCHF: Faces Corrective Pullback Risk USDCHF: With USDCHF unable to follow through higher on the back of its previous week, it faces the risk of a pullback in the new week. On the upside, resistance resides at the 0.9200 level where a break will aim at the 0.9250 level. Further out, resistance resides at the 0.9300 level. A breather may occur here and turn the pair lower. On the downside, support lies at the 0.9150 level with a break targeting the 0.9100 level and then the 0.9050 level.…See More
Sunday
fxtech posted blog posts
Friday
fxtech posted a blog post

Daily Technical Strategist On USDCAD

USDCAD: Weakens, Targets The 1.0850 LevelUSDCAD: With USDCAD selling off strongly, further downside is likely in the days ahead. On the downside, support lies at the 1.0850 level followed by the 1.0800 level where a break will aim at the 1.0750 level and then the 1.0700 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside, resistance is seen at the 1.0950 level where a violation will target the 1.1000 level followed by the 1.1050 level. Further out, resistance…See More
Wednesday
fxtech posted blog posts
Aug 25
fxtech posted a blog post

The Week Ahead On USDCHF

USDCHF: Bullish, Targets Further UpsideUSDCHF: With USDCHF reversing its two-week losses to close higher the past week, further upside is likely in the new week. On the upside, resistance resides at the 0.9156 level where a break will aim at the 0.9180 level. Further out, resistance resides at the 0.9200 level. A breather may occur here and turn the pair lower. Its weekly RSI is bullish and pointing higher supporting this view. On the downside, support lies at the 0.9100 level with a break…See More
Aug 23
fxtech posted blog posts
Aug 22
fxtech posted a blog post

Daily Technical Strategist On EURUSD

EURUSD: Weakens, Eyes The 1.3250/00 LevelsEURUSD: With a turn lower occurring for two days in a row and a follow through seen during early trading today, further weakness is now envisaged. Support lies at the 1.3266 level where a break will expose the 1.3200 level. Below here will pave the way for a move lower towards the 1.3150 level. If this continues, expect further downside to occur towards the 1.3100 level. On the upside, resistance lies at the 1.3335 level, its Aug 12 2014 low where a…See More
Aug 20
fxtech's blog post was featured

Special Focus On USDCAD

USDCAD: Sees Recovery MomentumUSDCAD: With USDCAD rallying strongly the past week, further bullishness is expected in the days ahead. On the upside, resistance is seen at the 1.0970 level followed by the 1.1000 level. Further out, resistance comes in at the 1.1050 level where a reversal of roles is expected to occur and turn it lower. But if further recovery is triggered resistance comes in at the 1.1100 level. On the downside, support lies at the 1.0900 level where a break will aim at the…See More
Aug 20
fxtech's blog post was featured

USDCHF: Declines On Corrective Pullback

USDCHF: Declines On Corrective PullbackUSDCHF: With the pair weakening on corrective decline the past week, further bearishness is likely in the new week. On the downside, support lies at the 0.9000 level with a break targeting the 0.8950 level. A cut through here will target the 0.8950 level where a violation will open the door for more weakness towards the 0.8900 level and then the 0.8842 level. On the upside, resistance resides at the 0.9114 level where a break will aim at the 0.9150 level.…See More
Aug 18
fxtech posted a blog post

Daily Technical Strategist On GBPUSD

GBPUSD: Remains Weak and Vulnerable To The DownsideGBPUSD: With GBP remaining weak and vulnerable to the downside, it faces further downside. On the downside, support lies at the 1.6650 level where a break will aim at the 1.6600 levels. A break of here will turn attention to the 1.6650 level. Further down, support lies at the 1.6500 level. Conversely, resistance resides at the 1.6757 level with a break aiming at the 1.6800 level where a violation will aim at the 1.6850 level and possibly higher…See More
Aug 15
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Aug 12
fxtech's 3 blog posts were featured
Aug 11
fxtech posted a blog post

Weekly Technical Strategist On EURUSD

EURUSD: Recovery Risk Builds UpEURUSD: With EUR closing marginally lower with a rejection candle the past week, further corrective recovery is likely in the days ahead. On the upside, resistance lies at the 13450 level where a break will aim at the 1.3500 level, its psycho level followed by the 1.3550 level. Further out, resistance comes in at the 1.3600 level followed by the 1.3650 level. Support lies at the 1.3366 level where a break will expose the 1.3300 level. Below here will pave the way…See More
Aug 11
fxtech posted a blog post

Daily Technical Strategist On GBPUSD

GBPUSD: Bearish, Threatens Further DownsideGBPUSD: With continued downside pressure seen GBP looks to extend further weakness. On the other hand, support lies at the 1.6800 level where a break will aim at the 1.6750 levels. A break of here will turn attention to the 1.6700 level. Further down, support lies at the 1.6650 level. Its daily and weekly momentum indicators are bearish and pointing lower supporting this view. Conversely, resistance resides at the 1.7042 level with a break aiming at…See More
Aug 8

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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

Daily Technical Strategist On GBPJPY

Posted on September 1, 2014 at 11:51am 0 Comments

GBPJPY: Strengthens, Eyes The 174.00 Level

GBPJPY – With GBPJPY extending its Friday strength, further bullishness is envisaged. On further gains, resistance lies at the 173.50 level followed by the 174.21 level where a break will aim at the 175.50 level. A cut through here will open the door for more downside towards the 176.00 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support comes in at the 172.50 level where a violation will aim at…

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Weekly Technical Strategist On EURUSD

Posted on August 31, 2014 at 1:45pm 1 Comment

EURUSD: Susceptible, Risk Points Lower

EURUSD: With a continuation of its previous week weakness seen the past week, further downside pressure is envisaged in the new week. Support lies at the 1.3100 level where a break will expose the 1.3050 level. Below here will pave the way for a move lower towards the 1.3000 level. If this continues, expect further downside to occur towards the 1.2950 level. On the upside, resistance lies at the 1.3200 level where a break will aim at the 1.3250…

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The Week Ahead On USDCHF

Posted on August 30, 2014 at 3:27pm 0 Comments

USDCHF: Faces Corrective Pullback Risk USDCHF: With USDCHF unable to follow through higher on the back of its previous week, it faces the risk of a pullback in the new week. On the upside, resistance resides at the 0.9200 level where a break will aim at the 0.9250 level. Further out, resistance resides at the 0.9300 level. A breather may occur here and turn the pair lower. On the downside, support lies at the 0.9150 level with a break targeting the 0.9100 level and then the 0.9050 level.…

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Daily Technical Strategist On GBPUSD

Posted on August 29, 2014 at 11:31am 0 Comments

GBPUSD: Vulnerable, Loses Upside Steam

GBPUSD: GBP closed slightly higher on a rejection candle on Thursday leaving risk of a downside trend continuation on the cards. On the downside, support lies at the 1.6550 level where a break will aim at the 1.6500 levels. A break of here will turn attention to the 1.6450 level. Further down, support lies at the 1.6400 level. Conversely, resistance resides at the 1.6656 level with a break aiming at the 1.6700 level where a violation will aim at…

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