Daily Pivots: (S1) 0.7213; (P) 0.7230; (R1) 0.7262; More… Intraday bias in AUD/USD remains neutral for consolidations below 0.7277. Further rise is expected as long as 0.7101 support holds. On the upside, above 0.7277 will resume larger up trend and target 61.8% projection of 0.6420 to 0.7187 from 0.6832 at 0.7306. In the bigger picture, […]
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Intraday bias in EUR/AUD remains neutral for the moment. Rise from 1.6108 is tentatively seen as the third leg of the pattern from 1.6125. Above 0.6831 will target 55 D EMA (now at 1.6437) and Read more…
EUR/CHF’s fall from 0.9264 continues today and intraday bias remains on the downside. Rebound from 0.8979 should have completed at 0.9264. Deeper fall would be seen back to retest 0.8979 low first. For now, risk Read more…
EUR/USD began the week around 1.1600. The main currency pair closed last week virtually unchanged. Markets continue to closely monitor the situation in the Middle East. Despite ongoing uncertainty, a series of conflicting signals from Read more…