Intraday bias in EUR/USD remains neutral and further decline is expected as long as 1.1269 resistance holds. Firm break of 1.1111 will extend larger fall from 1.2081 to 1.0904 fibonacci level. However, firm break of 1.1269 will indicate short term bottoming, and bring stronger rebound to 55 D EMA (now at 1.1349). In the bigger […]
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Gold held above 4,050 USD an ounce on Wednesday after rising over the previous two sessions. Investors are awaiting the Federal Reserve’s rate decision while assessing the results of the Israeli elections for their potential Read more…
No change in USD/JPY’s outlook and intraday bias stays neutral. On the downside, firm break of firm break of 156.06 will argue that rebound from 152.87 has completed after failing to sustain above 55 D Read more…
Break of 1.3294 minor support argues that rebound from 1.3135 is completed at 1.3418. Intraday bias is back on the downside for retesting 1.3135 low. On the upside, above 1.3418 will resume the rebound to Read more…