EUR/USD is still bounded in range of 1.1103/1269 and intraday bias remains neutral. Further fall is still expected with 1.1269 resistance intact. Break of 1.1103/11 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 […]
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No change in USD/JPY’s outlook as range trading continues. Intraday bias stays neutral. On the upside, above 159.02 will target 160.38. On the downside, firm break of firm break of 156.06 will argue that rebound Read more…
Intraday bias in GBP/USD remains on the upside and outlook is unchanged. Rise from 1.3135 should target 61.8% retracement of 1.3675 to 1.3135 at 1.3469. Sustained break there will target 1.3675 resistance next. For now, Read more…