Author: hadi

Intraday bias in AUD/USD remains on the downside. Current fall from 0.7237 should target 100% projection of 0.7237 to 0.6893 from 0.7067 at 0.6723. For now, risk will remain on the downside as long as Read more…

Intraday bias in USD/CAD remains on the upside for retesting 1.4298 high. Decisive break there will resume the rally from 1.3480. Next target is 100% projection of 1.3730 to 1.4298 from 1.3928 at 1.4496. On Read more…

Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Risk stays on the upside at this point. Above 213.75 will resume the rebound from 206.85, and target 217.45 resistance. However, firm break of 209.54 Read more…

Intraday bias in EUR/JPY stays neutral at this point. Risks remain mildly on the upside as long as 175.04 holds. Above 178.46 will resume the rise from 175.04 to 181.53 resistance next. However, sustained break Read more…

EUR/GBP is extending consolidations from 0.8320 and intraday bias stays neutral. Further fall is expected as long as 0.8401 resistance holds. On the downside, firm break of 0.8320 will extend larger down trend to 138.2% Read more…

Intraday bias in EUR/AUD remains neutral and more consolidations could be seen. Further rise is in favor as long as 1.5987 support holds. Above 1.6286 will target 1.6334 resistance. Break there will solidify the bullish Read more…

Intraday bias in EUR/CHF is turned neutral first with current retreat. While further rise cannot be ruled out, strong resistance could be seen from 0.9258 cluster resistance (38.2% retracement of 0.9485 to 0.9122 at 0.9261) Read more…

Markets Tuesday’s hotter-than-expected CPI print caused a massive bear flattening move in the US yield curve. The 2-yr tenor closed 17.6 bps higher with intraday gains having been as large as 20 bps. The 10-30yr Read more…

In focus today In equity markets, Nvidia’s board is meeting on Thursday morning to decide whether to oust CEO Jensen Huang following a revealed affair with a suspected Chinese spy. Overnight multiple media reported on Read more…