GBP/USD is capped below 1.3418 resistance despite current rebound. Intraday bias remains neutral first. On the upside, above 1.3418 will resume the rebound to 61.8% retracement of 1.3675 to 1.3135 at 1.3469 next. On the downside, below 1.3271 will bring retest of 1.3135 low. In the bigger picture, price actions from 1.3867 are a corrective […]
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EUR/USD recovered quickly after dipping to 1.1103 and intraday bias remains neutral. Further decline is expected as long as 1.1269 resistance holds. Firm break of 1.1103/11 will extend larger fall from 1.2081 to 1.0904 fibonacci Read more…
USD/JPY is still bounded in range trading 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 Read more…
Intraday bias in USD/CHF remains neutral first. On the downside, firm break of 0.8190 will extend the corrective fall from 0.8394 with another leg towards 38.2% retracement of 0.7603 to 0.8394 at 0.8092. On the Read more…