GBP/JPY’s rebound from 209.55 extended higher. But near term risk will stay on the downside as long as 55 4H EMA (now at 214.06) holds. Below 211.67 minor support will bring retest of 209.55 low first. Nevertheless, sustained trading above 55 4H EMA will bring stronger rally to 61.8% retracement of 219.56 to 209.55 at […]
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Intraday bias in AUD/USD is turned neutral with current retreat. Above 0.7063 will extend the rise from 0.6864 to 100% projection of 0.6864 to 0.7026 from 0.6921 at 0.7083. Firm break there could prompt upside Read more…
Outlook in USD/CAD is unchanged. While corrective fall from 1.4247 might extend lower, downside should be contained by 1.3965 cluster support (38.2% retracement of 1.3480 to 1.4247 at 1.3954 to bring rebound. Firm break of Read more…
EUR/JPY’s rebound continues today. While further rise could be seen, overall near term risk will stay on the downside as long as 55 4H EMA (now at 183.48) holds. Below 181.15 minor support will bring Read more…