Intraday bias in USD/CHF is mildly on the downside with breach of 0.8068 support. Rebound from 0.7948 could have completed at 0.8156. Deeper fall would be seen back to 0.7948 support first. On the upside, Read more…
Eurozone retail sales weakened sharply in July, with volume falling from a revised +0.2% to -0.6% m/m, well below expectations for a 0.3% increase. June was revised significantly higher from the previously reported -0.3%, softening Read more…
AUD/USD’s rally resumed by breaking through 0.7207 and intraday bias is back on the upside. Next target is a retest on 0.7277 high. For now, further rally is expected as long as 0.7120 support holds, Read more…
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Intraday bias in USD/CAD remains on the downside for retesting 1.3730 low. Firm break there will resume the whole fall from 1.4247 to retest 1.3480 low. On the upside, above 1.3836 minor resistance will turn Read more…
Intraday bias in GBP/JPY remains on the downside despite current recovery. Decline from 217.45 is seen as the third leg of the the corrective pattern from 219.56. Deeper fall should be seen to 209.55 support. Read more…
Intraday bias in EUR/JPY remains mildly on the downside despite current recovery. Decline from 186.00 is seen as another falling leg of the corrective pattern from 187.93. Deeper fall wold be seen to 179.34 support Read more…
Intraday bias in EUR/GBP is turned neutral first with current retreat. Strong resistance is expected from 0.8160 to finish the corrective rebound from 0.8453. On the downside, break of 0.8545 support will bring retest of Read more…
Intraday bias in EUR/AUD remains on the downside at this point. Firm break of 1.6108 low will resume the whole down trend from 1.8554 high. Next target is 1.5359 projection level. On the upside, above Read more…
Intraday bias in EUR/CHF remains neutral and more consolidations could be seen below 0.9434 first. . But outlook will stay bullish as long as 0.9304 support holds. Above 0.9434 will extend the rally from 0.8979 Read more…