Despite a brief breach of 1.6165, GBP/USD faced strong resistance from this cluster level and retreated sharply. Nonetheless, with 1.6076 minor support intact, intraday bias is still neutral. As noted before, sustained break of 1.6165 will confirm comp…
Break of 1.0324 minor resistance turns intraday bias in AUD/USD neutral first. As long as 1.0452 resistance holds, fall from 1.0852 is still expected to continue. Below 1.0246 will target 1.0225 first. Break will confirm this bearish case and target 0….
The break of 0.9865 argues that recent consolidation from 0.9841 might have completed at 1.0053 already. Intraday bias is on the downside for 0.9841 first. Break will confirm resumption of whole decline from 1.0656 and should target 0.9725 support next…
As long as 0.8276 resistant holds, near term outlook in EUR/GBP remains bearish and current fall should target 61.8% projection of 0.8830 to 0.8221 from 0.8505 at 0.8129, and then 0.8067 support. On the upside, break of 0.8276 resistance is needed to i…
EUR/USD is still staying in tight range below 1.3226 and intraday bias remains neutral first. On the upside, above 1.3226 will bring stronger rise towards 1.3385. Break there will indicate that consolidation from 1.3486 has completed and rebound from 1…
Intraday bias in GBP/USD remains neutral with focus on 1.6165 key cluster resistance. Sustained break there will confirm completion of decline from 1.6764 and bring further rally to 100% projection of 1.5234 to 1.5991 from 1.5602 at 1.6359 next. on the…
No change in USD/CHF’s outlook as choppy sideway trading continues. Intraday bias in USD/CHF remains neutral for the moment. On the downside, break of 0.9001 support will affirm the bearish case that fall from 0.9594 is resuming and should send USD/CHF…
With 4 hours MACD crossed above signal line, intraday bias in USD/JPY is turned neutral first. On the upside, break of 81.77 resistance will indicate that the choppy pull back from 84.17 has completed at 80.29 already. In such case, stronger rally shou…
EUR/JPY recovered after dipping to 106.31 and with 4 hours MACD back above signal line, intraday bias is turned neutral. On the upside, above 108.00 will revive the case that correction from 111.43 is finished at 104.61 already. In such case, stronger …
GBP/JPY recovers today but stays in tight range below 131.79 and intraday bias remains neutral. With 129.53 minor support intact, another rise could still be seen. Above 131.79 will target 133.48 first. Break will confirm resumption of whole rise from …
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