USD/CHF retreated sharply after edging higher to 0.8150, but stays above 0.8029 support. Intraday bias is turned neutral for some consolidations, and further rally is expected. Break of 0.8150 will resume the rise from 0.7660 Read more…
AUD/USD’s break of 0.6977 support turned resistance confirms short term bottoming at 0.6864, ahead of 0.6832 key structural support. Intraday bias is back on the upside for 38.2% retracement of 0.7277 to 0.6864 at 0.7022. Read more…
While the pullback from 1.4247 extended, outlook is unchanged in USD/CAD. It’s now in a correction to rally from 1.3480. Downside should be contained by 1.3965 cluster support (38.2% retracement of 1.3480 to 1.4247 at Read more…
GBP/JPY is staying in consolidations below 217.99 temporary top and intraday bias remains neutral. Deeper pullback cannot be ruled out, but downside should be contained above 214.69 support to bring another rally. On the upside, Read more…
A dividend is one of the few promises a company cannot quietly fake. Guidance gets walked back. Buybacks get paused the moment a quarter turns ugly. But a cash payment wired to shareholders every 90 Read more…
EUR/JPY is still bounded in sideway trading in range of 183.14/186.30 and intraday bias remains neutral for the moment. While the price actions from 182.10 are looking corrective, stronger rebound cannot be ruled out. On Read more…
EUR/GBP is staying in consolidations above 0.8507 and intraday bias remains neutral. Stronger recovery cannot be ruled out, but upside should be limited below 0.8610 support turned resistance to bring another fall. Below 0.8507 will Read more…
Focus is now on 1.6306 support as EUR/AUD’s fall from 1.6617 accelerates lower. Firm break there will indicate that rebound from 1.6108 has completed. Deeper decline should the be seen to retest this low. On Read more…
Intraday bias in EUR/CHF is turned neutral with current retreat, and some consolidations would be seen below 0.9278 temporary top. Downside should be contained by 0.9210 support to bring another rise. Above 0.9278 will resume Read more…
China’s economy grew at its slowest rate in more than three years during the second quarter, falling short of expectations as weak household consumption overshadowed resilient manufacturing and export performance. The slowdown has renewed concerns Read more…