Key takeaways FOMC Policy: Markets await the August 19 minutes for clarity on whether the Fed will prioritize cooling labor market momentum or persistent inflation risks. Canada CPI: Headline inflation accelerated to 3.0% on energy Read more…
Intraday bias in EUR/USD stays on the upside at this point. Decisive break of 1.1621 cluster resistance (38.2% retracement of 1.2081 to 1.1323 at 1.1613) will solidify the case that fall from 1.2081 has completed Read more…
Intraday bias in USD/JPY is back on the upside as rebound from 155.22 resumed. Strong resistance could emerge from 159.59 to 160.62 zone (50% and 61.8% retracement of 163.97 to 155.22) to limit upside. On Read more…
Open-source artificial intelligence is no longer the discount alternative to Silicon Valley’s frontier labs. It is setting the pace on the newest battleground: the laptop sitting in front of the user. The pitch behind that Read more…
Further rise is in favor in GBP/USD with 1.3473 minor support intact. Rise from 1.3139 would target 100% projection of 1.3139 to 1.3557 from 1.3272 at 1.3690. However, firm break of 1.3473 will turn bias Read more…
Intraday bias in USD/CHF stays neutral as sideway trading continues. With 0.8029 support intact, further rally is expected. On the upside, firm break of 0.8205 will extend the rise from 0.7603 to 161.8% projection 0.7603 Read more…
Intraday bias in AUD/USD remains on the upside for the moment. Rise from 0.6864 is in progress and should target 161.8% projection of 0.6864 to 0.7026 from 0.6921 at 0.7183. On the downside, below 0.7078 Read more…
Intraday bias in USD/CAD remains on the downside. Fall from 1.4247 should target 61.8% retracement of 1.3480 to 1.4247 at 1.3773. On the upside, above 1.3906 minor resistance will turn intraday bias neutral again first. Read more…
Intraday bias in GBP/JPY stays on the upside at this point. Sustained break of 61.8% retracement of 219.56 to 209.55 at 215.73 will pave the way to retest 219.56 high. On the downside, below 215.38 Read more…
Intraday bias in EUR/JPY remains on the upside for the moment. Sustained trading above 61.8% retracement of 187.93 to 179.34 at 184.64 will pave the way to retest 187.93 high. On the downside, below 184.09 Read more…