GBP/JPY’s rally from 209.55 resumed after brief retreat and intraday bias is back on the upside. Further rise should be seen to retest 219.56 high. On the downside, below 214.80 minor support will turn bias neutral and bring consolidations first, before staging another rally. In the bigger picture, strong rebound above 55 W EMA (now […]
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USD/CHF’s fall from 0.8205 short term top is in progress and intraday bias stays on the downside for rising channel support (now at 0.7921). Sustained break there will solidify the case that rebound from 0.7603 Read more…
AUD/USD’s rally from 0.6864 resumed after brief consolidations. Intraday bias is back on the upside for 161.8% projection of 0.6864 to 0.7026 from 0.6921 at 0.7183. Firm break there will bring retest of 0.7277 high. Read more…
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