AUD/USD is staying in consolidations above 0.6903 and intraday bias remains neutral. Stronger rebound cannot be ruled out, but outlook will remain mildly bearish as long as 0.7038 resistance holds. Below 0.6903 will target 0.6864 support or further to 100% projection 0f 0.7277 to 0.6864 from 0.7237 at 0.6824. In the bigger picture, price action […]
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GBP/USD rose to 1.3237 on Friday. Following a rapid decline, the pound has entered a consolidation phase, although the main external drivers remain a strong US dollar and a renewed rise in bond yields amid Read more…
EUR/USD is staying in range above 1.1159 and intraday bias remains neutral. Stronger rebound might be seen, but outlook will remain bearish as long as 1.1379 resistance holds. On the downside, sustained break of 100% Read more…