Intraday bias in USD/CAD remains neutral first. Consolidation form 1.4247 is extending and deeper pullback cannot be ruled out. But downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from 1.3480 to 61.8% retracement of 1.4791 to 1.3480 at 1.4290. Firm break there will pave the way back to […]
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Gold rose to 4,177 USD per troy ounce on Friday, having gained more than 2% in the previous session. The primary driver of the recovery was US labour market data, which came in weaker than Read more…
EUR/USD is staying below 1.1499 support turned resistance. Intraday bias remains neutral, and further decline is in favor. On the downside, break of 1.1323 will resume the fall from 1.2081 to 100% projection of 1.2081 Read more…
Intraday bias in USD/JPY remains mildly on the downside. Pullback from 162.83 short term top would extend to 38.2% retracement of 155.01 to 162.83 at 159.84. Since this level is close to 55 D EMA Read more…