Author: FX Tech Strategy

GBPUSD: The pair is now seen reversing part of its two-day weakness, suggesting a return above the 1.5850/63 levels, its Sept 15’2011/Oct 14’2011 highs is building up. If this zone is taken out, GBP will resume its...

EURUSD: Strengthens, Set To Return Above The 1.3913/37 Level.EURUSD: With the pair now strengthening following a halt of its two-day weakness started from the 1.3913 level, further upside risk is seen towards the 1.3913/37...

USDCHF: Price may have stalled at the 0.9316 level, its Aug 19’2011and triggered a pullback but as long as USDCHF continues to hold above the 0.8928/18 zone, its Sept 12’2011 high/Sept 29’2011 low, risk of a...

EURUSD: The pair reversed its Friday gains on Monday halting its recent recovery strength and turning its immediate risk to the downside. However, while this occurs above the 1.3690 level, its Sept 28’2011 high, there is...

USDJPY: The pair is now following through higher on its Friday strength but will have to decisively break and hold above its medium term falling trendline and the 77.85 level, its Aug 04’2011 to prevent a reversal of its...

GBPUSD: Turns Down Ahead Of 1.5863 Levels, Digests Recovery Gains.GBPUSD: The pair is now digesting its recent corrective run to the upside, turning back lower and taking back its Friday gains during Monday trading session....

AUDUSD: The pair continues to push higher following through on its last week strengthen and opening the door for further bull pressure. This bullish price action now leaves further upside risk targeting the 1.0399 level, its...

USDCHF: With the pair closing slightly lower below the 0.8918 level, its Sept 29’2011 low following a sharp corrective weakness the past week, risk of continued downside pressure is likely in the new. This will leave...

EURUSD: The pair rallied sharply higher the past week wiping out its two weeks of losses and opening the door for further upside gains in the new week. This is coming on the back of a recovery initiated from the 1.3144 level and...