GBP/USD continued to consolidate at 1.3283 on Wednesday. The British pound hit a near one-month low in the previous session as investors monitored developments in the Middle East, while the dollar drew support from expectations Read more…
Market Overview On Tuesday, the crypto market capitalisation fell towards $2.14T, a level at which it has repeatedly found support over the past three weeks. This time was no exception, leaving the market above its Read more…
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EUR/USD is still bounded in consolidations above 1.1323 and intraday bias stays neutral. With 1.1499 support turned resistance intact, outlook remains bearish. On the downside, break of 1.1323 will resume the fall from 1.2081 to Read more…
Intraday bias in USD/JPY remains neutral at this point. Consolidations should be brief as long as 55 4H EMA (now at 163.20) holds. Above 153.97 will resume larger up trend to 138.2% projection of 152.25 Read more…
Intraday bias in USD/CHF remains on the upside for the moment. Firm break of 100% projection 0.7603 to 0.8041 from 0.7600 at 0.8198 will extend the rally from 0.7603 to 161.8% projection at 0.8469. On Read more…
AUD/USD’s break of 0.6964 support today suggests that corrective rebound from 0.6864 has completed at 0.7026, after rejection at 55 D EMA (now at 0.7006). Intraday bias is back on the downside for 0.6864 first. Read more…
Intraday bias in USD/CAD is turned neutral again with current retreat. It’s still slightly favored that corrective pullback from 1.4247 has completed at 1.4002. Above 1.4127 will bring stronger rebound to retest 1.4247 high. On Read more…
Intraday bias in GBP/JPY stays neutral at this point. More consolidations would be seen below 219.56. Downside should be contained by 216.39 support to bring another rally. On the upside, firm break of 219.56 will Read more…
Intraday bias in EUR/JPY stays neutral as consolidations continue below 186.72 temporary top. Rebound from 182.10 could still extend higher, and above 186.72 will target 187.93 high. Nevertheless, since this rebound is viewed as a Read more…