USD/CAD’s rise from 1.3730 resumed today and intraday bias is back on the upside. Sustained break of 38.2% retracement of 1.4247 to 1.3730 at 1.3927 will argue that fall from 1.4247 has already completed at Read more…
GBP/JPY’s pullback from 217.45 extends lower today but downside is contained above 214.80 support. Intraday bias remains neutral and further rally is still in favor. Above 217.45 will target a retest on 219.56 high. However, Read more…
EUR/JPY’s pullback from 186.00 extends lower today but downside is contained well above 183.90. Intraday bias remains neutral and further rally is expected. On the upside, above 186.00 will resume the rally from 179.34 to Read more…
Intraday bias in EUR/GBP remains neutral as range trading continues. Rebound from 0.8453 is seen as a corrective bounce. In case of another rise, strong resistance should be seen from 0.8610 support turned resistance to Read more…
Range trading continues in EUR/AUD and intraday bias remains neutral at this point. On downside, below 1.6159 will target a retest on 1.6108 low. Decisive break there will resume the whole down trend from 1.8554 Read more…
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EUR/CHF’s strong break of 0.9408 resistance confirms resumption of whole rise from 0.8979. Intraday bias is back on the upside. Next target is 61.8% projection of 0.9176 to 0.9408 from 0.9304 at 0.9447. Firm break Read more…
A company just reported stronger-than-expected earnings, raised its revenue outlook, and beat Wall Street on every key metric. Then its CEO went on television and delivered a warning about the very customers driving those results. Read more…
Hackers carried out a supply chain attack that installed malware on networks using an unusual technique: hijacking a chunk of Internet space where cloud management software used by hosting providers, data centers, and other large Read more…
USD/JPY consolidated near 160.25 on Wednesday, hovering close to its highest level since late July. Pressure on the yen has intensified amid a global bond sell-off, with the yield on 10-year Japanese government bonds rising Read more…