Intraday bias in EUR/JPY remains neutral for the moment, with risk mildly on the upside. Above 178.46 will resume the rise from 175.04 to 181.53 resistance next. However, sustained break of 175.26/41 will carry larger bearish implications and resume the whole fall from 187.93. In the bigger picture, price action from 187.93 is seen as […]
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Strong jobs data bolstered the US dollar. The weakening of Donald Trump’s administration is a positive for the greenback. The US dollar recorded its best daily performance since the September FOMC meeting, when the federal Read more…
Intraday bias in AUD/USD remains on the downside at this point. Decisive break of 61.8% projection of 0.7237 to 0.6893 from 0.7067 at at 0.6854 will pave the way to 100% projection at 0.6723. On Read more…
Intraday bias remains mildly on the upside at this point. Pullback from 1.4298 could have completed after failing to sustain below 38.2% retracement of 1.3480 to 1.4298 at 1.3986. Further rally should be seen to Read more…