USD/JPY falls sharply today but still it’s bounded in range below 162.83. Intraday bias remains neutral and more consolidations would be seen. In case of deeper pullback, downside should be contained by 38.2% retracement of Read more…
Intraday bias in GBP/USD remains on the upside for the moment. Firm break of 1.3459 will argue that whole correction from 1.3867 has completed, and target 1.3657 resistance for confirmation. On the downside, below 1.3321 Read more…
The risk that ends a rally is rarely the one on the front page. Investors fixate on the loud threat, the one with missiles and emergency meetings, while a quieter one compounds in the background. Read more…
Intraday bias in AUD/USD remains neutral as consolidations continue above 0.6864. Further fall is expected as long as 0.6977 support turned resistance holds. Below 0.6864 will target 0.6832 support. Firm break there will target 0.6756 Read more…
USD/CAD is still extending consolidations below 1.4247 and intraday bias remains neutral. Deeper pullback cannot be ruled out. But downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from Read more…
Intraday bias in GBP/JPY is turned neutral again with current retreat. Some consolidations should be seen below 217.99 first. But further rally is expected as long as 55 D EMA (now at 214.44) holds. Above Read more…
No change in EUR/JPY’s outlook as range trading continues. Intraday bias remains neutral for the moment. On the upside, break of 186.30 will resume the rebound from 182.01 to retest 187.93 high. On the downside, Read more…
Intraday bias in EUR/GBP remains on the downside for 61.8% retracement of 0.8221 to 0.8863 at 0.8466. Downside could be contained there considering loss of momentum as seen in 4H MACD. On the upside, above Read more…
Range trading continues in EUR/AUD and intraday bias remains neutral. Further rise is in favor as long as 1.6306 support holds. Above 1.6617 will extend the rebound from 1.6108 towards 1.6842 key structural resistance. However, Read more…
Range trading continues in EUR/CHF and intraday bias remains neutral. With 0.9176 support intact, further rally is expected. On the upside, above 0.9234 will bring retest of 0.9265 resistance first. Firm break there will resume Read more…