AUD/USD’s break of 0.7076 support turned resistance argues that fall from 0.7277 might have completed as as three wave correction at 0.6977. Intraday bias is back on the upside for 0.7200 resistance. On the downside, though, break of 0.6977 will resume the fall towards 0.6832 support. In the bigger picture, considering bearish divergence condition in […]
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Intraday bias in EUR/USD remains on the downside at this point. Sustained break of 1.1353 fibonacci level will carry larger bearish implication. Next near term is 100% projection of 1.2081 to 1.1408 from 1.1848 at Read more…
Intraday bias in USD/JPY remains neutral for the moment. On the downside, firm break of 160.58 support should confirm short term topping, on bearish divergence condition in 4H MACD. Deeper fall should then be seen Read more…
Intraday bias in GBP/USD remains on the downside for the moment. Sustained trading below 1.3158 support will resume whole fall from 1.3867 to 100% projection of 1.3867 to 1.3158 from 1.3657 at 1.2948. On the Read more…