Daily Technical Strategy On Currencies & Commodities

Discussion in 'Аналитика Forex' started by FXTechstrategy Team, Nov 8, 2017.

  1. USDJPY Remains Vulnerable On Correction

    USDJPY: The pair remains weak and vulnerable to the downside. On the downside, support comes in at the 113.50 level where a break if seen will aim at the 113.00 level. A cut through here will turn focus to the 112.50 level and possibly lower towards the 112.00 level. On the upside, resistance resides at the 114.50 level. Further out, we envisage a possible move towards the 115.00 level. Further out, resistance resides at the 115.50 level with a turn above here aiming at the 116.00 level. On the whole, USDJPY faces pullback threats on correction

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  2. GOLD Outlook Remains Lower On Price Reversal

    GOLD: The commodity remains weak and vulnerable to the downside after it reversed its Friday gains on Monday. 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 towards the 1,240.00 level. Conversely, resistance resides at the 1,290.00 level where a break will aim at the 1,300.00 level. A turn above there will expose the 1,310.00 level. Further out, resistance stands at the 1,320.00 level. All in all, GOLD looks to weaken further as it looks to resume its short term weakness.

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  3. Carlosr

    Carlosr New Member

    Interesting currency and gold analysis, thank you very much for your operation
     
  4. USDJPY: Threatening Further Bull Pressure

    USDJPY: The pair looks to recover further higher leaving risk of more strength on the cards. On the downside, support lies at the 110.00 level where a break if seen will aim at the 109.50 level. A cut through here will turn focus to the 10.00 level and possibly lower towards the 108.50 level. On the upside, resistance resides at the 110.50 level. Further out, we envisage a possible move towards the 111.00 level. Further out, resistance resides at the 111.50 level with a turn above here aiming at the 112.00 level. On the whole, USDJPY faces further downside pressure near term.

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  5. EURJPY: Continues To Retain Upside Pressure

    EURJPY: The pair retains its broader uptrend though seeing price hesitation. Support comes in at the 130.00 level where a break if seen will aim at the 129.50 level. A cut through here will turn focus to the 129.00 level and possibly lower towards the 128.50 level. On the upside, resistance resides at the 130.50 level. Further out, we envisage a possible move towards the 131.00 level. Further out, resistance resides at the 131.50 level with a turn above here aiming at the 132.00 level. On the whole, EURJPY faces further upside threats but with caution.

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  6. EURUSD: Faces Further Downside Pressure But With Caution

    EURUSD: The pair looks to extend its weakness after selling off on Wednesday. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1.1850 level. Conversely, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level. Below here will open the door for more weakness towards the 1.1450. All in all, EURUSD faces further upside pressure but with caution of a recovery.

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  7. EURJPY: Eyes Further Bullishness In The Short Term

    EURJPY: The pair continues to retain its broader uptrend as it looks to extend that upside pressure. Support comes in at the 131.00 level where a break if seen will aim at the 130.50 level. A cut through here will turn focus to the 130.00 level and possibly lower towards the 129.50 level. On the upside, resistance resides at the 132.00 level. Further out, we envisage a possible move towards the 132.50 level. Further out, resistance resides at the 133.00 level with a turn above here aiming at the 133.50 level. On the whole, EURJPY faces further upside threats.
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  8. EURUSD: Remains Vulnerable, Eyes More Weakness

    EURUSD: The pair looks to extend its weakness as it continues to press lower. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1.1850 level. Conversely, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level. Below here will open the door for more weakness towards the 1.1450. All in all, EURUSD faces further downside pressure.
     

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