Intraday bias in EUR/AUD Is back on the downside with breach of 1.6159. Fall from 1.6617 should target a retest on 1.6108 low. Decisive break there will resume the whole down trend from 1.8554 high too. On the upside, above 1.6251 minor resistance will intraday bias neutral again first. In the bigger picture, fall from […]
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UK services activity strengthened in August, with PMI Services rising from 52.1 to 52.5, highest since April and extending recovery from Q2 soft patch. New business increased for second straight month as firms reported improving Read more…
Intraday bias in EUR/USD is turned neutral first with current recovery. On the downside, below 1.1565 will extend the fall from 1.1710 to 55 D EMA (now at 1.1549). Sustained break there will argue that Read more…
USD/JPY’s strong break of 157.99 support indicates rebound from 155.22 has completed as a three wave corrective move to 160.38. Intraday bias is back on the downside for 155.22 low, and then 154.76/155.01 key support Read more…