While EUR/USD rebounded strongly, it’s still staying below 1.1499 support turned resistance. Intraday bias remains neutral and outlook stays bearish. On the downside, break of 1.1323 will resume the fall from 1.2081 to 100% projection Read more…
Intraday bias in USD/JPY stays neutral and outlook is unchanged. Consolidations should be brief as long as 55 4H EMA (now at 163.29) holds. Above 153.97 will resume larger up trend to 138.2% projection of Read more…
Intraday bias in GBP/USD is turned neutral with break of 1.3362 resistance. Overall outlook is unchanged that corrective pattern from 1.3867 is extending. On the downside, below 1.3272 will target 1.3139 support. Nevertheless, break of Read more…
Intraday bias in USD/CHF is turned neutral with breach of 0.8137 and some consolidations would be seen first. But outlook will stay bullish as long as 0.8029 support holds, even in case of deep pullback. Read more…
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Risk remains on the downside in AUD/USD with 0.7026 resistance intact, and retest of 0.6864 low should be seen next. Corrective rebound from 0.6864 should have completed at 0.7026, after rejection at 55 D EMA. Read more…
USD/CAD’s break of 1.4005 minor support dampened the original bullish view, and suggests that recovery from 1.4002 has completed at 1.4127. Correction from 1.4247 is extending with another falling leg. But even so, downside should Read more…
GBP/JPY is still bounded in consolidations below 219.56 and intraday bias remains neutral. Downside should be contained by 216.39 support to bring another rally. On the upside, firm break of 219.56 will extend larger up Read more…
EUR/JPY’s rally resumed after brief consolidations and intraday bias is back on the upside. Strong resistance is still expected from 187.93 high to bring near term reversal. On the downside, below 186.15 support will turn Read more…