USD/CHF’s fall from 0.8205 short term top is in progress and intraday bias stays on the downside for rising channel support (now at 0.7921). Sustained break there will solidify the case that rebound from 0.7603 Read more…
AUD/USD’s rally from 0.6864 resumed after brief consolidations. Intraday bias is back on the upside for 161.8% projection of 0.6864 to 0.7026 from 0.6921 at 0.7183. Firm break there will bring retest of 0.7277 high. Read more…
Intraday bias in USD/CAD remains on the downside at this point. With break of 61.8% retracement of 1.3480 to 1.4247 at 1.3773, fall from 1.4247 should target a retest on 1.3480 low. On the upside, Read more…
GBP/JPY’s rally from 209.55 resumed after brief retreat and intraday bias is back on the upside. Further rise should be seen to retest 219.56 high. On the downside, below 214.80 minor support will turn bias Read more…
EUR/JPY’s rally continues today and intraday bias stays on the upside for 187.42 resistance first. Firm break there will bring retest of 187.93 high. On the downside, below 184.89 minor support will turn intraday bias Read more…
EUR/GBP retreated after rejection at 0.8585 and intraday bias remains neutral. On the upside, break of 0.8585 will extend the rebound from 0.8453. But still, strong resistance is expected from 0.8610 to cap upside. On Read more…
Intraday bias in EUR/AUD is turned neutral with current retreat. Overall outlook is unchanged that corrective pattern from 1.6108 (or 1.6125) is still extending. Above 1.6444 will target 1.6503 first. On the downside, below 1.6250 Read more…
EUR/CHF recovered after dipping to 0.9304 and intraday bias is turned neutral first. More consolidations would be seen below 0.9408 short term top. Below 0.9304 will bring deeper pullback but downside should be contained by Read more…
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UK private-sector growth strengthened modestly in August, with PMI Composite Output rising from 52.2 to 52.5, a four-month high. PMI Services Business Activity improved from 52.1 to 52.8, reaching a six-month high and providing the Read more…