USD/CHF is still bounded in tight range above 0.9114 after US NFP release. Intraday bias remains neutral and more consolidations could be seen. In case of stronger recovery, we’d expect upside to be limited by 38.2% retracement of 0.9594 to 0.9114 at 0…
EUR/USD continues to stay in tight range initially after release of stronger than expected NFP data. Intraday bias remains neutral for the moment. On the upside, sustained break of 38.2% retracement of 1.4246 to 1.2625 at 1.3244 will resume the rebound…
At this point, we’s still slightly favoring the case that consolidation from 0.8221 was completed at 0.8409. Further decline is expected to retest 0.8221 and break will confirm resumption of whole fall from 0.9083 and target 0.8067 key support. On the …
Intraday bias in GBP/JPY remains neutral. But again, rebound from 117.29 is still in favor to continue with 119.19 minor support intact. Rise from 117.29 is viewed as the third leg of the consolidation pattern from 116.83. Above 122.04 will bring anoth…
Intraday bias in EUR/JPY remains neutral for the moment. With 99.13 intact, rebound from 97.03 might extend further. Above 100.88 will will flip bias back to the upside and would likely extend the rebound from 97.03 towards falling trend line resistanc…
Intraday bias in EUR/USD remains neutral for the moment. Sustained break of 38.2% retracement of 1.4246 to 1.2625 at 1.3244 will resume the rebound from 1.2625 and target 61.8% retracement at 1.3627. On the downside, break of 1.2931 minor support will …
With 4 hours MACD staying below signal line, a temporary top is in place at 1.5882 and intraday bias is turned neutral for the moment. Another is still in favor as long as 1.5641 support holds. Above 1.5882 will target 1.6165 key cluster resistance (61…
Intraday bias in USD/CHF remains neutral as consolidation from 0.9114 temporary low continues. Another rise cannot be ruled out but we’d expect upside to be limited by 38.2% retracement of 0.9594 to 0.9114 at 0.9297 and bring fall resumption. As noted …
With 76.42 minor resistance intact, further decline is expected in USD/JPY and the current fall from 78.28 could resume any time towards 75.56 low. On the upside, above 76.42 minor resistance will indicate short term bottoming and bring recovery back t…
Intraday bias in USD/CAD remains neutral for the moment and more consolidations could be seen above 0.9965 temporary low. But again, near term outlook remains cautiously bearish with 1.0147 resistance intact. Current fall from 1.0522 is expected to ext…
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