Range trading continues in USD/CAD above 1.3730 and intraday bias stays neutral. t. With 1.3938 resistance intact, further decline is expected. Break of 1.3730 will resume the fall from 1.4247 to retest 1.3480 low. However, firm break of 1.3938 will bring stronger rebound back towards 61.8% retracement of 1.4247 to 1.3730 at 1.4050. In the […]
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Intraday bias in AUD/USD remains mildly on the downside at this point. Break of 0.7120 support will extend the pullback from 0.7237 short term top to 38.2% retracement of 0.6864 to 0.7237 at 0.7095. For Read more…
Intraday bias in GBP/JPY remains neutral at this point. Also the upside, firm break of 209.01 minor resistance should indicate short term bottoming, on bullish divergence condition in 4H MACD. That would bring stronger rebound Read more…
Intraday bias in EUR/JPY stays neutral for the moment. Further decline is expected as long as 179.88 minor resistance holds. Below 177.82 will extend the fall from 187.93 to 175.41 key cluster support. Nevertheless, break Read more…