Outlook is unchanged in GBP/USD as range trading continues. Intraday bias remains neutral for the moment. On the upside, above 1.3508 will extend the rebound from 1.3300 to 1.3657 resistance first. On the downside, below Read more…
USD/CHF is staying in range below 0.7906 and intraday bias is remains neutral. On the upside, firm break of 0.7906 will resume the rebound from 0.7760 to retest 0.8041. On the downside, below 0.7795 will Read more…
Intraday bias in AUD/USD is turned neutral first with current retreat. Outlook will remain mildly bullish as long as 0.7076 support holds. Firm break of 0.7277 will resume larger up trend. However, sustained break of Read more…
As the high cost of jet fuel puts new and continued pressures on the aviation industry, almost every airline around the world has adjusted its summer flying schedule to cut any routes that do not Read more…
Intraday bias in USD/CAD stays neutral at this point, as consolidations continue below 1.3868. Further rise expected as long as 1.3729 support holds. Rally from 1.3549 is seen as the third leg of the pattern Read more…
Intraday bias in GBP/JPY is turned neutral first with current retreat. Further rise is expected as long as 213.29 support holds. Above 215.50 will resume the rebound from 210.43 to retest 216.58 high. Strong resistance Read more…
Intraday bias in EUR/JPY is turned neutral first with current retreat. Further rise is expected as long as 184.42 support holds. Above 186.18 will extend the rebound from 182.01. Firm break of 61.8% projection of Read more…
Intraday bias in EUR/GBP remains neutral and outlook is unchanged. On the downside, decisive break of 0.8610 support will revive the case of bearish trend reversal. On the upside, break of 0.8728 resistance will bring Read more…
No change in EUR/AUD’s outlook as it’s still bounded in range trading. Intraday bias stays neutral first. Rise from 1.6108 is seen as the third leg of the corrective pattern from 1.6125. Above 1.6381 will Read more…
Americans are cutting down on a lot of things these days. Restaurant spending is declining, big-ticket appliance and home goods purchases are being delayed, and luxury travel has slowed to a crawl. But there is Read more…