Intraday bias in EUR/USD remains on the downside. Firm break of 1.1408 support will resume whole decline form 1.1408 to 100% projection of 1.2081 to 1.1408 from 1.1848 at 1.1175. On the upside, above 1.1499 Read more…
Intraday bias in USD/JPY remains on the upside for 161.94 high. Firm break there will resume larger up trend. Next near term target will be 100% projection of 152.25 to 160.71 from 155.01 at 163.47. Read more…
GBP/USD’s fall continues today and intraday bias stays on the downside. Decisive break of 1.3158 support will extend the whole decline from 1.3867 to 100% projection of 1.3867 to 1.3158 from 1.3657 at 1.2948. On Read more…
USD/CHF’s rally continues today and intraday bias remains on the upside. Break of 0.8041 confirms resumption of the rise from 0.7603. Next target is 100% projection 0.7603 to 0.841 from 0.7600 at 0.8198. On the Read more…
Mortgage rates have decreased, according to Freddie Mac. On June 18, the average 30-year fixed mortgage rate dropped five basis points to 6.47%. Overall, the 30-year rate has been dropping daily, according to Mortgage News Read more…
AUD/USD is still bounded in range of 0.6977/7087 and intraday bias remains neutral. On the downside, break of 0.6977 will resume the fall from 0.7277 towards 0.6832 support. On the upside, break of 0.7087 will Read more…
Intraday bias in USD/CAD remains on the upside at this point. Further rally should be seen to 61.8% retracement of 1.4791 to 1.3480 at 1.4290 next. On the downside, below 1.4092 minor support will turn Read more…
Intraday bias in GBP/JPY remains on the downside at this point. Rebound from 210.43 could have completed at 215.59 already. Deeper fall should be seen to 211.23 support first. Firm break there will target 210.43. Read more…
EUR/JPY recovered ahead of 183.95 support and intraday bias is turned neutral first. On the downside, firm break of 183.95 will argue that rebound from 182.01 has completed, and bring deeper fall back to this Read more…
Juneteenth is the nation’s newest federal holiday, celebrated on June 19th, the date in 1865 when Union troops arrived in Galveston, Texas, and announced that the last enslaved Black Americans were free. As Americans make Read more…