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Intraday bias in EUR/USD remains neutral for the moment. Further fall is in favor with 1.1276 resistance intact. Below 1.1111 will extend larger fall from 1.2081 to 1.0904 fibonacci level. However, considering bullish divergence condition Read more…
Sideway trading continues in USD/JPY and intraday bias remains neutral. Further rise is mildly in favor as long as 156.36 support holds. Above 159.02 will extend the rebound from 152.87 to 160.38 key structural resistance Read more…
GBP/USD’s rise from 1.3135 is still in progress and intraday bias remains on the upside. Fall from 1.3675 should have completed. Further rally should be seen to 61.8% retracement of 1.3675 to 1.3135 at 1.3469 Read more…
Intraday bias in USD/CHF stays neutral for the moment. Strong rebound from 0.8227 support will retain near term bullishness for another rally through 0.8394 at a later stage. However, firm break of 0.8227 will indicate Read more…
AUD/USD’s break of 0.7012 resistance confirms short term bottoming at 0.6893, on bullish divergence condition in 4H MACD. Intraday bias is back on the upside. Sustained break of 38.2% retracement of 0.7237 to 0.6893 at Read more…
Intraday bias in USD/CAD remains on the downside at this point. Fall from 1.4298 should target 38.2% retracement of 1.3480 to 1.4298 at 1.3985. Firm break there should indicate that rise from 1.3480 has completed Read more…
GBP/JPY’s break of 211.25 resistance confirms short term bottoming at 206.85, on bullish divergence condition in 4H MACD. Fall from 219.56 might have completed as a three-wave correction today. Intraday bias is back on the Read more…
No change in EUR/JPY’s outlook as sideway trading continues. Intraday bias stays neutral at this point. In case of another fall, strong support is expected from 175.26/41 to bring rebound. Considering bullish divergence condition in Read more…
EUR/GBP’s decline continues today and intraday bias remains on the downside. Current down trend should target 100% projection of 0.8728 to 0.8453 from 0.8611 at 0.8336. On the upside, above 0.8427 minor resistance will turn Read more…