Intraday bias in USD/CAD remains on the downside for retesting 1.3730 low. Firm break there will resume the whole fall from 1.4247 to retest 1.3480 low. On the upside, above 1.3836 minor resistance will turn intraday bias neutral first. But risk will stay on the downside as long as 1.3938 resistance holds, in case of […]
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Intraday bias in USD/CHF is mildly on the downside with breach of 0.8068 support. Rebound from 0.7948 could have completed at 0.8156. Deeper fall would be seen back to 0.7948 support first. On the upside, Read more…
Eurozone retail sales weakened sharply in July, with volume falling from a revised +0.2% to -0.6% m/m, well below expectations for a 0.3% increase. June was revised significantly higher from the previously reported -0.3%, softening Read more…
AUD/USD’s rally resumed by breaking through 0.7207 and intraday bias is back on the upside. Next target is a retest on 0.7277 high. For now, further rally is expected as long as 0.7120 support holds, Read more…