USD/JPY falls sharply today but still it’s bounded in range below 162.83. Intraday bias remains neutral and more consolidations would be seen. In case of deeper pullback, downside should be contained by 38.2% retracement of 155.01 to 162.83 at 159.84. On the upside, firm break of 162.83 will resume larger up trend. In the bigger […]
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EUR/USD is still bounded in consolidations above 1.1323 and intraday bias remains neutral. . With 1.1499 support turned resistance intact, further decline is expected. On the downside, break of 1.1323 will resume the fall from Read more…
Intraday bias in GBP/USD remains on the upside for the moment. Firm break of 1.3459 will argue that whole correction from 1.3867 has completed, and target 1.3657 resistance for confirmation. On the downside, below 1.3321 Read more…
The risk that ends a rally is rarely the one on the front page. Investors fixate on the loud threat, the one with missiles and emergency meetings, while a quieter one compounds in the background. Read more…