USD/JPY recovers mildly and is still staying in range above 79.64 support. Intraday bias remains neutral for some more consolidations. Even in case of another recovery, upside is expected to be limited below 81.77 resistance and bring fall resumption f…
USD/CHF retreats after jumping to as high as 0.9269 earlier today. But intraday bias remains on the upside for 0.9334 resistance. As noted before, consolidation pattern from 0.9334 is finished and rebound from 0.8930 is resuming. Break of 0.9334 will p…
EUR/USD recovers after dipping to as low as 1.2954 earlier today. But still, intraday bias remains on the downside with 1.3095 minor resistance intact and deeper decline is expected. As noted before, current development suggests that rebound from 1.262…
AUD/USD drops to as low as 1.0110 so far today and intraday bias remains on the downside for 61.8% projection of 1.0852 to 1.0225 from 1.0473 at 1.0086 first and then 100% projection at 0.9846. On the upside, above 1.0196 minor resistance will turn bia…
Intraday bias in USD/CAD remains on the upside and current rise should extend to 1.0053 resistance first. As noted before, with daily MACD crossed above signal line, suggests that a short term bottom is at least formed at 0.9799. Break of 1.0053 would …
USD/CHF’s strong rally and break of 0.9251 resistance suggests that consolidation pattern from 0.9334 is finished and rebound from 0.8930 is resuming. Intraday bias is on the upside for 0.9334 first. Break there will pave the way back to 0.9594 high. O…
USD/JPY continues to stay above 79.64 and intraday bias remains neutral for the moment. More consolidation cannot be ruled out but after all, upside is expected to be limited below 81.77 resistance and bring fall resumption finally. Below 79.64 will ex…
GBP/USD dips further today as retreat from 1.6300 continues but is still staying above 1.6060 resistance turned support. While more consolidation could be seen there is no sign of reversal yet and recent rally is still in favor to continue. Above 1.630…
EUR/USD’s sharp decline and break of 1.2994 support revives the case that whole rebound from 1.2625 is already completed at 1.3486. We’ll now stay bearish as long as 1.3282 support holds and expect deeper fall to retest 1.2625 low first. Also, fall fro…
EUR/GBP drops to as low as 0.8034 so far today and broke mentioned target of 0.8067 support. Intraday bias remains on the downside for next projection level at 0.8013 first. On the upside, above 0.8102 will indicate that a temporary low is formed and b…
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