Recent content by FXTechstrategy Team

EURUSD Eyes Further Bull Pressure Pressure EURUSD faces risk of further upside pressure as it halted its bear pressure on Friday opening the door for more gain. On the down, support comes in at 1.2000 level with a violation opening the door for a run at the 1.1950 level. Further down, support...

AUDUSD Threatening Further Downside Pressure AUDUSD remains biased to the downside in the new week. On the downside, support comes in at the 1.7650 level. A cut through here will turn focus to the 0.7600 level and then the 0.7550 level. A violation will set the stage for a retarget of the...

EURUSD Halts Weakness, Further Recovery Expected EURUSD faces risk of further upside pressure after backing off lower prices on Tuesday. On the down, support comes in at 1.2100 level with a violation opening the door for a run at the 1.2050 level. Further down, support is seen at the 1.2000...

EURJPY Set To Weaken Further On Sell Off EURJPY continues to face risk of more weakness followings its past week sell off. On the downside, support comes in at the 125.00 level where a break if seen will aim at the 124.50 level. A cut through here will turn focus to the 124.00 level and...

EURUSD Eyeing Further Weakness On Bear Pressure EURUSD faces risk of further downside pressure after extending its weakness on Monday. On the down, support comes in at 1.2100 level with a violation opening the door for a run at the 1.2050 level. Further down, support is seen at the 1.2000...

USDCHF Recovery Threats Remain Intact USDCHF continues to eye further upside pressure closing higher on Friday and opening the door for more gain in the new week. Support comes in at the 0.8800 level. Below here, support lies at the 0.8750 level and then the 0.8700 level. Further down...

EURUSD Price Rejection Leaves Risk Lower EURUSD faces risk of further downside pressure after rejecting higher prices on Friday. On the down, support comes in at 1.2150 level with a violation opening the door for a run at the 1.2100 level. Further down, support is seen at the 1.2050 level. A...

GBPUSD Continues To Face Recovery Risk GBPUSD with the pair rejecting lower prices to close higher the past week, more strength is expected in the new week. Support is seen at 1.3500 area with a break turning focus to the 1.3450 level. Further down, support lies at the 1.3400 level. A cut...

USDCHF Weakens, Broader Bias Remains Lower USDCHF continues to eye further downside pressure it retains its broader medium term weakness. Support comes in at the 0.8800 level. Below here, support lies at the 0.8750 level and then the 0.8700 level. Further down, support comes in at the 0.8650...

EURUSD Backs Off Higher Prices, Vulnerable EURUSD faces risk of further weakness with more decline expected in the new week. On the down, support comes in at 1.2050 level with a violation opening the door for a run at the 1.2000 level. Further down, support is seen at the 1.1950 level. A cut...

GBPUSD with the pair rejecting higher prices on Friday and following through lower on Monday, more decline is likely in the days ahead. Support is seen at 1.3300 area with a break turning focus to the 1.3250 level. Further down, support lies at the 1.3200 level. A cut through here will turn...

USDJPY Recovers, Sees Price Extension USDJPY looks to strengthen further following its rally during its Wednesday trading session. On the downside, support stands at 104.50 level. Below this level will turn attention to the 104.00 level. Further down, support is seen at the 103.50 level. A...

EURUSD Risk Points Higher In The Short Term EURUSD faces risk of further move higher in the days ahead. Resistance comes in at the 1.1950 with a break of that area turning risk towards the 1.2000 level. A move above here will target the 1.2050 level. Further up, resistance stands at the 1.2100...

GBPJPY Weakens, Remains On The Defensive GBPJPY looks to weaken further in the days ahead as it holds on to its downside pressure. On the upside, resistance comes in at the 138.00 level where a violation will aim at the 138.50 level. A break below here will target the 139.00 level followed by...

EURUSD Pressure Continues To Build Up EURUSD faces further upside pressure after closing for a second day in a row on Friday. Resistance comes in at the 1.1850 with a break of that area turning risk towards the 1.1900 level. A move above here will target the 1.1950 level. Further up, resistance...