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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…