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Gpld Eyes Further Upside Pressure On Rally
Having closed strongly higher on a rally the past week, Gold eyes further upside pressure. On the downside, support comes in at the 1098.00 level
EUR/USD Faces Additional Recovery Threats On Price Failure
Having rejected lower level prices to close higher on a rejection candle the past week, EURUSD faces additional recovery threats.
Gold Faces More Downside Risk On Pullback
Having capped its strength at the 1113.09 level to weaken during Friday trading session, gold faces more downside risk on pullback.
GBPUSD Halts Weakness On Rejection Candle
GBP has halted its weakness to close on a rejection candle on Thursday. This development has set the tone for a recovery higher threats.
EUR/USD Faces Further Recovery Offensive
Having triggered a correction on Wednesday and followed through higher on Thursday, EUR/USD faces further recovery offensive.
USDCHF Loses Upside Momentum
USDCHF lost upside momentum on Wednesday to close lower; it looks to extend its bull pressure.
USD/CAD Remains Bullish Above The 1.4000 Level
USD/CAD remains bullish above the 1.4000 level following a break and hold above that level during Wednesday trading session. This is coming on the back of its Tuesday downside price rejection to close higher.
EUR/GBP Looks To Weaken More On Loss Of Upside Momentum
With the cross rejecting higher prices to close lower on Monday, EUR/GBP looks to weaken more on loss of upside momentum.
GBPUSD: Risk Of More Weakness On The Cards
Having GBP continued to hold on to its downside pressure, it leaves risk of more weakness on the cards.
EUR/JPY Faces More Downside Pressure On Sell Off
Having sold off strongly during Monday's trading session, EUR/JPY faces more downside pressure on sell off. This will leave its psychological level support at the 129.00 level as the next downside target.
Gold Continues To Maintain Bear Pressure With Eyes On 1046.00 Zone
With gold reversing its previous losses to close lower the past week, gold continues to maintain bear pressure with eyes on 1046.00 zone.
EUR/USD Bear Pressure Builds Up On 1.0795 Level
With a reversal of almost all of its previous week seen the past week, EUR/USD bear pressure builds up on the 1.0795 level.
USDCHF Rallied On Bullish Offensive With Eyes On 1.0100
Having USDCHF rallied on bullish offensive the past week to reverse its previous week losses, it eyes further strength in the new week.
GBPJPY Faces Downside Pressure On Continued Bearishness
Having continued to maintain its broader weakness, GBPJPY faces downside pressure on continued bearishness.
Gold Targets Its Key Support On Bear Pressure
Having sold off on Wednesday to close lower, Gold targets its key support on bear pressure.
EURUSD Targets More Downside Pressure On Weakness.
With the pair capping its strength to sell off on Tuesday, EURUSD targets more downside pressure on weakness. This view remains valid as long as it trades below the 1.1059/1.0991 zone, its key resistance zone.
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