Intraday bias in AUD/USD remains neutral at this point. Further decline is expected as long as 0.6977 support turned resistance holds. Below 0.6864 will extend the fall from 0.7277 to 0.6832 support. Firm break there will target 0.6756 fibonacci level. However, sustained break of 0.6977 will bring stronger rebound to 0.7087 resistance instead. In the […]
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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…