EUR/USD is still extending consolidations from 1.1323 and intraday bias remains neutral. Outlook stays bearish with 11499 support turned resistance intact. On the downside, break of 1.1323 will resume the fall from 1.2081 to 100% Read more…
Intraday bias in USD/JPY remains neutral for the moment. Consolidations should be brief as long as 55 4H EMA (now at 163.10) holds. Above 153.97 will resume larger up trend to 138.2% projection of 152.25 Read more…
GBP/USD’s fall from 1.3557 continues today and intraday bias stays on the downside. Corrective pattern from 1.3867 high is extending with another downleg. Deeper fall would be seen to retest 1.3139 support. On the upside, Read more…
USD/CHF’s rally resumed after brief consolidations and intraday bias is back on the upside. 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 Read more…
No change in AUD/USD’s outlook and intraday bias remains neutral. On the downside, firm break of 0.6964 will argue that rebound from 0.6846 has completed as a correction, after rejection at 38.2% retracement of 0.7277 Read more…
USD/CAD’s breach of 1.4115 resistance suggests that corrective pullback from 1.4247 has already completed at 1.4002. Intraday bias is back on the upside for retesting 1.4247 first. In case of another fall, downside should be Read more…
No change in GBP/JPY’s outlook and intraday bias stays neutral. 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 Read more…
Intraday bias in EUR/JPY is turned neutral with current retreat. Rebound from 182.10 could still extend higher. Nevertheless, since this rebound is viewed as a corrective move, strong resistance should be seen from 187.93 to Read more…
EUR/GBP’s corrective rebound from 0.8453 could still extend higher to 55 D EMA (now at 0.8578). But strong resistance should be seen from 0.8610 to limit upside. On the downside, below 0.8516 minor support will Read more…
Markets almost never price what just happened. They price the story they expect to read next. That distinction has cost people real money this year, and it is about to cost a few more. For Read more…