With much of Europe engulfed in its second heat wave since the start of the summer, France is being hit particularly hard with temperatures that are expected to surpass 40 Celsius (104 Fahrenheit) in multiple Read more…
EUR/USD’s fall form 1.2081 is resuming by breaking 1.1408 support. Intraday bias is back on the downside. Further decline should be seen to 100% projection of 1.2081 to 1.1408 from 1.1848 at 1.1175. On the Read more…
Intraday bias in USD/JPY stays mildly on the upside at this point. Decisive break of 161.94 high will resume the larger up trend to 100% projection of 152.25 to 160.71 from 155.01 at 163.47 next. Read more…
With a grueling and prolonged heat wave continuing to engulf large swaths of France into the start of this week, temperatures that are now expected to top 40 Celsius (104 Fahrenheit) have led local authorities Read more…
Intraday bias in GBP/USD remains neutral and more consolidations could be seen above 1.3161 temporary low. Further fall is expected as long as 1.3300 support turned resistance holds. On the downside, decisive break of 1.3158 Read more…
Intraday bias in USD/CHF remains mildly on the upside for the moment. Current rally should target 100% projection 0.7603 to 0.8041 from 0.7600 at 0.8198 next. On the downside, below 0.8053 minor support will turn Read more…
AUD/USD’s fall from 0.7277 resumed by breaking through 0.6977 and intraday bias is back on the downside. Further decline should be seen to 0.6832 support next. For now, risk will stay on the downside as Read more…
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Intraday bias in USD/CAD remains mildly on the upside for the moment. Current rise from 1.3480 should target 61.8% retracement of 1.4791 to 1.3480 at 1.4290. On the downside, below 1.4131 minor support will turn Read more…
Intraday bias in GBP/JPY remains neutral at this point. On the downside, below 212.36 will affirm the case that rebound form 210.43 has completed as a correction. Deeper fall would be seen to 211.23 support Read more…