Intraday bias in USD/JPY is turned neutral with current retreat. Rise from 155.01 is seen as the second leg of the corrective pattern from 160.71. While another rise cannot be ruled out, upside should be Read more…
Wall Street‘s most public optimists tend to do their best work out loud. They float an idea, watch how the crowd reacts, and let the reaction tell them whether conviction is shared or lonely. That Read more…
Intraday bias in GBP/USD is turned neutral first with current recovery. On the downside, break of 1.3300 will extend the fall from 1.3657 to 1.3158. On the upside above 1.3508 will extend the rebound from Read more…
USD/CHF reversed after failing to break through 0.7906 resistance, but stays above 0.7807. Intraday bias remains neutral first. On the downside, firm break of 0.7807 will suggest that fall from 0.8041 is ready to resume Read more…
Range trading continues in AUD/USD and intraday bias stays neutral. On the upside, firm break of 0.7183 resistance will suggest that pullback from 0.7277 has completed. Stronger rally should then be seen to retest 0.7277 Read more…
Intraday bias in USD/CAD is turned neutral first with current retreat. Further rise is expected as long as 1.3729 support holds. Rise from 1.3549 is seen and the third leg of the pattern from 1.3480. Read more…
No change in GBP/JPY’s outlook and intraday bias stays neutral. On the upside, above 214.66 will extend the rebound from 210.43 to retest 216.58 high. Strong resistance should be seen there to cap upside, at Read more…
Intraday bias in EUR/JPY remains neutral and more consolidations could be seen below 185.77 temporary top. Rebound from 182.01 is seen as the second leg of the corrective pattern from 187.93. Above 185.77 will target Read more…
EUR/GBP is still bounded in sideway trading and intraday bias remains neutral. On the downside, decisive break of 0.8610 support will revive the case of bearish trend reversal. Deeper decline should be seen to 61.8% Read more…
Range trading continues in EUR/AUD and intraday bias remains neutral. Rise from 1.6108 is tentatively seen as the third leg of the pattern from 1.6125. Above 1.6381 will target 55 D EMA (now at 1.6411) Read more…