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FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

Daily Technical Strategy On Currencies & Commodities

on Thu Sep 21, 2017 3:01 pm
GBPUSD Sets Up To Weaken Further On Loss Of Upside Steam

GBPUSD: The pair saw price rejection on Wednesday leaving risk of more weakness on the cards in the days ahead. Support lies at the 1.3450 level where a break will turn attention to the 1.3400 level. Further down, support lies at the 1.3350 level. Below here will set the stage for more weakness towards the 1.3300 level. Conversely, resistance stands at the 1.3550 levels with a turn above here allowing more strength to build up towards the 1.3600 level. Further out, resistance resides at the 1.3650 level followed by the 1.3700 level. On the whole, GBPUSD continues to face further downside threats on higher price rejection. 

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURJPY: Biased To Upside Medium Term Despite Hesitation

on Fri Sep 22, 2017 2:35 pm
EURJPY: The pair continues to hold on to its broader medium term uptrend though facing price hesitation. On the downside, support comes in at the 133.50 level where a break if seen will aim at the 133.00 level. A cut through here will turn focus to the 132.50 level and possibly lower towards the 132.00 level. On the upside, resistance resides at the 134.50 level. Further out, we envisage a possible move towards the 135.00 level. Further out, resistance resides at the 135.50 level with a turn above here aiming at the 136.00 level. On the whole, EURJPY faces further bull pressure in the medium term.
FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURUSD Sees Price Hesitation With Bearish Bias

on Sun Sep 24, 2017 4:37 pm
EURUSD: With the pair still facing price correction despite its past week price hesitation, more correction is envisaged. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1.2100 level where a break will expose the 1.2150 level. Conversely, support lies at the 1.1900 level where a violation will aim at the 1.1850 level. A break of here will aim at the 1.1800 level. Below here will open the door for more weakness towards the 1.1750. All in all, EURUSD faces corrective pullback despite price hesitation.
FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

GOLD Retains Its Downside Pressure With Eyes On 1,276.00 Zone

on Mon Sep 25, 2017 3:04 am
GOLD: The commodity closed lower the past week leaving risk of more decline on the cards in the new week. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level. Further down, a cut through here will open the door for a move lower towards the 1,270.00 level. Below here if seen could trigger further downside pressure targeting the 1,260.00 level. Conversely, resistance resides at the 1,300.00 level where a break will aim at the 1,310.00 level. A turn above there will expose the 1,320.00 level. Further out, resistance stands at the 1,330.00 level. All in all, GOLD looks to weaken further on bear pressure.
FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

GBPUSD: Bear Pressure Builds Up Towards The 1.3381 Zone

on Mon Sep 25, 2017 2:51 pm
GBPUSD: The pair remains weak and vulnerable to the downside as it took back its early intra day gains during Monday trading session. This leaves risk lower on more bear pressure. Support lies at the 1.3450 level where a break will turn attention to the 1.3400 level. Further down, support lies at the 1.3350 level. Below here will set the stage for more weakness towards the 1.3300 level. Conversely, resistance stands at the 1.3550 levels with a turn above here allowing more strength to build up towards the 1.3600 level. Further out, resistance resides at the 1.3650 level followed by the 1.3700 level. On the whole, GBPUSD continues to face further downside threats. 
FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURUSD Continues To Push Lower On Bearishness

on Tue Sep 26, 2017 1:56 pm
EURUSD: With the pair weakening on Monday and following through lower during Tuesday trading session,  further bearishness is expected in the days ahead. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1750 level where a violation will aim at the 1.1700 level. A break of here will aim at the 1.1650 level. Below here will open the door for more weakness towards the 1.1600. All in all, EURUSD faces further corrective weakness threats
FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

GOLD Reverses Gain, Targets Further Weakness

on Wed Sep 27, 2017 3:55 pm
GOLD: The commodity closed lower after reversing its Monday gains on Tuesday. This saw it following through lower during early trading on Wednesday. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level. Further down, a cut through here will open the door for a move lower towards the 1,260.00 level. Below here if seen could trigger further downside pressure targeting the 1,250.00 level. Conversely, resistance resides at the 1,300.00 level where a break will aim at the 1,310.00 level. A turn above there will expose the 1,320.00 level. Further out, resistance stands at the 1,330.00 level. All in all, GOLD looks to weaken further on bear pressure.

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

CRUDE OIL Remains Bullish, Resumes its Broader Medium Term Uptrend

on Thu Sep 28, 2017 3:56 pm
CRUDE OIL: With the commodity bullish and resuming its broader medium term uptrend on Thursday, further strength is expected in the days ahead. On the downside, support resides at the 52.00 level where a break will expose the 51.50 level. A cut through here will set the stage for a run at the 51.00 level. Further down, support resides at the 50.50 level. On the upside, resistance resides at the 53.00 level. Further out, resistance comes in at the 53.50 level. A break above here will aim at the 54.00 level and then the 54.50 level followed by the 55.00 level. Its daily RSI is bullish and pointing higher suggesting further strength. All in all, CRUDE OIL remains biased to the upside medium term.
FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

USDCHF Sets Up To Weaken Further On Loss Of Momentum

on Sat Sep 30, 2017 1:45 pm
USDCHF Sets Up To Weaken Further On Loss Of Momentum

USDCHF: With the pair rejecting higher prices to close lower the past week, more weakness is envisaged in the new week. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level. Its daily RSI is bearish and pointing higher suggesting further weakness. On the upside, resistance resides at the 0.9700 level where a break will clear the way for more strength to occur towards the 0.9750 level. Further out, resistance comes in at the 0.9800 level. Above here if seen will turn attention to 0.9850. All in all, USDCHF faces further downside pressure on price rejection.
FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURUSD Closes Lower For The Week But With Caution

on Sun Oct 01, 2017 6:04 pm
EURUSD: With the pair closing lower the past week, more weakness should follow. However, we may see a recovery higher following its Friday recovery (see daily chart). Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1750 level where a violation will aim at the 1.1700 level. A break of here will aim at the 1.1650 level. Below here will open the door for more weakness towards the 1.1600. All in all, EURUSD continues to face further corrective weakness threats but with caution.


FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

GBPUSD: Sells Off On Bear Pressure

on Mon Oct 02, 2017 5:06 pm
GBPUSD: The pair weakened strongly on Monday opening the door for more price extension. Support lies at the 1.3250 level where a break will turn attention to the 1.3200 level. Further down, support lies at the 1.3150 level. Below here will set the stage for more weakness towards the 1.3100 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance stands at the 1.3350 levels with a turn above here allowing more strength to build up towards the 1.3400 level. Further out, resistance resides at the 1.3450 level followed by the 1.3500 level. On the whole, GBPUSD continues to face further downside pressure

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURUSD Backs Off Lower Prices, Trades Above 1.1716/00 Zone

on Tue Oct 03, 2017 7:29 pm
EURUSD: With the pair backed off higher prices head of its key support zone at 1.1700 zone during Tuesday trading session today.  While it trades above the 1.1716/00 zone, we expect a move higher to occur. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. Below here will open the door for more weakness towards the 1.1550. All in all, EURUSD continues to face further  bear threats but with caution.
FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

GOLD Puts In Temporary Bottom, Eyes More Recovery

on Wed Oct 04, 2017 5:58 pm
GOLD: The commodity put in a temporary bottom and triggered a corrective recovery on Wednesday. This development has opened the door for more strength. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 level. Below here if seen could trigger further downside pressure targeting the 1,240.00 level. Conversely, resistance resides at the 1,280.00 level where a break will aim at the 1,290.00 level. A turn above there will expose the 1,300.00 level. Further out, resistance stands at the 1,320.00 level. All in all, GOLD looks to strengthen further on bull pressure.


FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

GBPJPY: Bearish, Retains Its Downside Pressure

on Thu Oct 05, 2017 10:21 pm
GBPJPY: The cross remains vulnerable to the downside on further weakness as it retains its bearish bias. On the downside, support comes in at the 148.00 level where a violation will aim at the 147.50 level. A break below here will target the 147.00 level followed by the 146.50 level. Conversely, resistance is seen at the 149.00 level followed by the 149.50 level. A cut through that level will set the stage for a move further higher towards the 150.00 level. Further out, resistance resides at the 150.50 level. All in all, GBPJPY remains weak and vulnerable to the downside.

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

USDCHF Closes Lower On Bull Price Rejection

on Sat Oct 07, 2017 6:38 pm
USDCHF: With the pair rejecting higher prices to close flat on Friday, more weakness is envisaged in the new week. On the downside, support lies at the 0.9550 level. A turn below here will open the door for more weakness towards the 0.9500 level and then the 0.9450 level. On the upside, resistance resides at the 0.9650 level where a break will clear the way for more strength to occur towards the 0.9700 level. Further out, resistance comes in at the 0.9750 level. Above here if seen will turn attention to 0.9800. All in all, USDCHF faces downside pressure on price rejection.

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURUSD Closes Lower But With Warning Of Correction

on Sun Oct 08, 2017 5:20 pm
EURUSD: With the pair extending its weakness other past week, more decline is envisaged. However, we should see a recovery higher in the new week. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. Below here will open the door for more weakness towards the 1.1550. All in all, EURUSD continues to face further  bear threats but with caution.

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURUSD Rallies, Remains On The Corrective Offensive

on Tue Oct 10, 2017 4:24 pm
EURUSD: With the pair rallying to extend its price correction on Tuesday, more strength is expected in the days ahead. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Its daily RSI is bullish and pointing higher suggesting further strength. Conversely, support lies at the 1.1750 level where a violation will aim at the 1.1700 level. A break of here will aim at the 1.1650 level. Below here will open the door for more weakness towards the 1.1600. All in all, EURUSD continues to face further  bull threats but with caution.

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

USDCHF Pressures Further Downside On Correction Weakness

on Wed Oct 11, 2017 5:06 pm
USDCHF: With the pair selling off on Tuesday and seen following through lower on Wednesday, more weakness is envisaged in the days ahead. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level. On the upside, resistance resides at the 0.9800 level where a break will clear the way for more strength to occur towards the 0.9850 level. Further out, resistance comes in at the 0.9900 level. Above here if seen will turn attention to 0.9950. All in all, USDCHF faces downside pressure on price weakness.



FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

GOLD Sees Price Extension On Bull Pressure

on Thu Oct 12, 2017 2:59 pm
GOLD: The commodity extended its recovery on Wednesday leaving risk higher in the days ahead. However, beware of pullback threats. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level. Further down, a cut through here will open the door for a move lower towards the 1,270.00 level. Below here if seen could trigger further downside pressure targeting the 1,260.00 level. Conversely, resistance resides at the 1,300.00 level where a break will aim at the 1,310.00 level. A turn above there will expose the 1,320.00 level. Further out, resistance stands at the 1,330.00 level. Its daily RSI is bullish and pointing higher suggesting further strength. All in all, GOLD looks to recover further higher.
FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

USDCHF: Risk Builds Up On The Upside

on Sat Oct 14, 2017 7:20 pm
USDCHF: With the pair closing marginally lower on  rejection candle on Friday, it now looks to recover further higher. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level. On the upside, resistance resides at the 0.9800 level where a break will clear the way for more strength to occur towards the 0.9850 level. Further out, resistance comes in at the 0.9900 level. Above here if seen will turn attention to 0.9950. All in all, USDCHF faces upside pressure on price rejection.

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURUSD Closes Higher But With Caution Of Pullback

on Sun Oct 15, 2017 4:05 pm
EURUSD Closes Higher But With Caution Of Pullback

EURUSD: With the pair taking back its previous week losses at the end of the week, more recovery could be seen. However, beware of correction pullback. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.19500 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1800 level where a violation will aim at the 1.1750 level. A break of here will aim at the 1.1700 level. Below here will open the door for more weakness towards the 1.1650. All in all, EURUSD continues to face further bull threats.

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

GBPUSD Hesitates Below Key Resistance Zone

on Mon Oct 16, 2017 4:54 pm
GBPUSD: The pair continues to see price hesitation below its key resistance at 1.3337 level. However, while that resistance remains unbroken, we could see the pair weaken. Support lies at the 1.3250 level where a break will turn attention to the 1.3200 level. Further down, support lies at the 1.3100 level. Below here will set the stage for more weakness towards the 1.3050 level. Conversely, resistance stands at the 1.3250 levels with a turn above here allowing more strength to build up towards the 1.3300 level. Further out, resistance resides at the 1.3350 level followed by the 1.3400 level. On the whole, GBPUSD continues to face further upside pressure but with caution.

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURUSD Weakens Further, Eyes 1.1700 Support Zone

on Tue Oct 17, 2017 5:07 pm
EURUSD: With the pair weakening further during Tuesday trading session, more decline is envisaged with eyes on its psycho support at 1.1700. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. Below here will open the door for more weakness towards the 1.1550. All in all, EURUSD continues to face further bear threats.

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

USDJPY Remains On The Offensive, Strengthens

on Wed Oct 18, 2017 5:22 pm
USDJPY: The pair looks to correct further higher as it followed through higher on the back of its Tuesday gains on Wednesday.  On the downside, support comes in at the 112.50 level where a break if seen will aim at the 112.00 level. A cut through here will turn focus to the 111.50 level and possibly lower towards the 111.00 level. On the upside, resistance resides at the 113.00 level. Further out, we envisage a possible move towards the 113.50 level. Further out, resistance resides at the 114.00 level with a turn above here aiming at the 114.50 level. Its daily RSI is bullish and pointing higher suggesting further strength. On the whole, USDJPY faces further bullish offensive. 

FXTechstrategy
Broj poruka : 31
Points : 83
Date of Entry : 2017-09-15
Lokacija : please fill this box !

EURUSD Recovers, Eyes Further Bull Pressure Towards 1.1879 Region

on Thu Oct 19, 2017 4:25 pm
EURUSD: With the pair seen following through on the back of its Wednesday gains on Thursday, more strength is expected in the days ahead. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Its daily RSI is bullish and pointing higher suggesting more strength. Conversely, support lies at the 1.1750 level where a violation will aim at the 1.1700 level. A break of here will aim at the 1.1650 level. Below here will open the door for more weakness towards the 1.1600. All in all, EURUSD continues to face recovery threats with eyes on 1.1879 zone.

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