Intraday bias in AUD/USD remains neutral and more consolidations would be seen first. Further rally is expected as long as 0.7026 resistance turned support holds. Above 0.7128 will extend the rise from 0.6864 to 161.8% projection of 0.6864 to 0.7026 from 0.6921 at 0.7183. In the bigger picture, price action from 0.7277 medium term top […]
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GBP/USD’s rally continues today and intraday bias stays on the upside. Rise from 1.3139 would target 100% projection of 1.3139 to 1.3557 from 1.3272 at 1.3690. On the downside, below 1.3521 minor support will turn Read more…
USD/CHF’s extended decline argues that rebound from 0.7603 has completed with three waves up to 0.8205. Intraday bias is back on the downside for rising channel support (now at 0.7921). Sustained break there will solidify Read more…
USD/CAD’s fall from 1.4247 resumed after brief consolidations. Intraday bias is back on the downside for 61.8% retracement of 1.3480 to 1.4247 at 1.3773. Sustained break there will pave the way back to retest 1.3480 Read more…