GBP/USD’s fall extends further to as low as 1.5278 so far today and is just inch above 1.5271 key support level. Intraday bias remains on the downside for the moment and the break of 1.5271 will target 100% projection of 1.6618 to 1.5271 from 1.6165 at…
USD/JPY is still bounded in range of 76.60/77.33 and intraday bias remains neutral. On the upside, above 77.33 resistance will revive the case of near term bottoming and flip bias back to the upside for 78.22 resistance. Break of 78.22 will be the firs…
AUD/USD is still staying in range below 1.0385 and intraday bias remains neutral for the moment. More consolidation could still be seen and another retreat cannot be ruled out. But another rise will remain remain mildly in favor as long as 1.0043 minor…
At this point, USD/CAD is still bounded in converging range since 1.0656, possibly in form of triangle. Near term outlook remains neutral. Though, as long as 1.0051 support holds, we’d favor an eventual upside breakout. But, break of 1.0422 is needed t…
GBP/JPY’s break of 118.25 indicates that recent decline has resumed and the cross reached as low as 117.66 so far, meeting mentioned target of 61.8% projection of 127.30 to 119.37 from 122.76 at 117.85. Intraday bias remains on the downside for the mom…
EUR/JPY is still holding above 97.27 temporary low and intraday bias remains neutral for the moment. More consolidations might be seen but strong resistance should be found at near term falling channel (now at 99.29) to limit upside and bring fall resu…
EUR/GBP’s consolidation from 0.8221 is still in progress and recovers through 4 hours 55 EMA. Further rise cannot be ruled out yet. But after all, we’d expect strong resistance inside 0.8305/8420 resistance zone to limit upside. Recent decline is expec…
EUR/USD dives sharply today but is still holding above 1.2666 temporary low. Thus, intraday bias remains neutral for more consolidation. Stronger recovery might be seen to 4 hours 55 EMA (now at 1.2853). But upside should be limited well below 1.3076 r…
GBP/USD dives sharply today but is still holding above 1.5361 support and intraday bias remains neutral. Though, another fall is in favor as long as 1.5500 minor resistance holds. Break of 1.5361 support will confirm resumption of whole fall from 1.616…
USD/CHF is still staying in range below 0.9594 and intraday bias remains neutral. More consolidations could be seen and deep retreat might be seen to 4 hours 55 EMA (now at 0.9460) and below. But downside should be contained well above 0.9304 support a…
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