Intraday bias in EURUSD is back on the downside with break of 1.1358 temporary low. Sustained break of 1.3123/53 will carry larger bearish implications. Next target is 1.0904 fibonacci level. On the upside, above 1.1410 Read more…
Intraday bias in USD/JPY remains mildly on the downside at this point. Rebound from 152.87 should have completed at 159.02, ahead of 61.8% retracement of 163.97 to 152.87 at 159.72. Deeper fall should be seen Read more…
Consolidations continue above 1.3203 temporary low and intraday bias stays neutral in GBP/USD. Further fall is expected as long as 1.3334 support turned resistance holds. Below 1.3203 will target 1.3139 support next. Nevertheless, break of Read more…
Intraday bias in USD/CHF remains on the upside at this point. Current rise from 0.7603 should target 100% projection of 0.7760 to 0.8205 from 0.7948 at 0.8393. Firm break there will target 138.2% projection at Read more…
AUD/USD’s fall from 0.7237 resumed by breaking through 0.7003 temporary low. Intraday bias is back on the downside. Fall from 0.7237 is seen as the third leg of the corrective pattern from 0.7277. Next target Read more…
Intraday bias in USD/CAD remains on the upside as rise from 1.3730 continues. Next target is a retest on 1.4247 high. On the downside, below 1.4132 minor support will turn intraday bias neutral and bring Read more…
Intraday bias in GBP/JPY remains neutral as range trading continues. For now, risk will stay on the downside as long as 38.2% retracement of 219.56 to 207.06 at 211.83 holds. Firm break of 207.06 will Read more…
Range trading continues in EUR/JPY and intraday bias remains neutral. Risk will now be on the downside as long as 38.2% retracement of 187.93 to 177.82 at 181.68 holds. On the downside, firm break of Read more…
Intraday bias in EUR/GBP remains neutral. Also with 0.8610 resistance intact, outlook stays bearish. On the downside, break of 0.8551 support will indicate that corrective bounce from 0.8453 has completed, and bring retest of this Read more…
EUR/AUD breached 1.6258 support turned resistance but quickly retreated. Intraday bias stays neutral first. On the upside, decisive break of 1.6258 will bring stronger rally to 1.6444. On the downside, decisive break of 1.6072/6108 will Read more…