USD/JPY fall continues today and intraday bias stays on the downside. Sustained break of 154.76/155.01 key support zone will complete a head and shoulder top (ls: 160.71; h: 163.97; rs: 160.38). That would also indicate Read more…
Every industry gets a window when the rules are still wet. Before the statutes harden and the case law piles up, somebody decides who is allowed to do what, and whoever is standing in the Read more…
Intraday bias in GBP/USD stays neutral at this point. On the downside, sustained break of 55 D EMA (now at 1.3475) will indicate that whole rebound from 1.3139 has completed. Deeper fall should be seen Read more…
Intraday bias in USD/CHF remains neutral and some more consolidations could be seen below 0.8205. Rise from 0.7603 should still be in progress, and firm break of 0.8205 will confirm resumption. Nevertheless, break of 0.7948 Read more…
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AUD/USD’s rally continues today and intraday bias stays on the upside for retesting 0.7277 high. Decisive break there will confirm larger up trend resumption. On the downside, below 0.7172 minor support will turn intraday bias Read more…
Intraday bias in USD/CAD remains neutral at this point. Prior rejection at 38.2% retracement of 1.4247 to 1.3730 at 1.3927 suggests that fall from 1.4247 is still in progress. On the downside, break of 1.3730 Read more…
GBP/JPY’s fall continues today and breaks through 209.55 support. Current decline is part of the corrective pattern from 219.56. Intraday bias stays on the downside for 206.10 fibonacci level. On the upside, above 211.79 minor Read more…
EUR/JPY’s fall continues today and broke 179.34 support. Intraday bias remains on the downside. Current decline is part of the corrective pattern from 187.93. Sustained trading below 179.34 will pave the way to 175.41 key Read more…
Intraday bias in EUR/GBP remains neutral at this point. Outlook is unchanged that rebound from 0.8453 is seen as a corrective move. Upside should be limited by 0.8610 support turned resistance. Break of 0.8545 will Read more…