Intraday bias in EUR/CHF remains neutral for the moment. As discussed before, recovery from 1.2765 might have finished after hitting trend line resistance. Below 1.3263 will turn bias back to the downside and further break of 1.3071 support will confir…
USD/CAD drops to as low as 1.0061 so far and intraday bias remains on the downside for further fall towards parity. On the the upside, above 1.0162 minor resistance will turn intraday bias neutral and bring consolidations. But break of 1.0377 resistanc…
EUR/USD rises further to as high as 1.3985 so far today and intraday bias remains on the upside. Current rally is expected to extend to 100% projection of 1.1875 to 1.3330 from 1.2587 at 1.4024, which is close to 1.4 psychological level. On the downsid…
No change in GBP/USD’s outlook. While upside momentum remains unconvincing, further rise is still in favor with 1.5668 support intact. Current rally from 1.5296 is still expected to continue towards 1.5997 high. On the downside, break of 1.5668 support…
USD/CHF’s decline is still in progress and reaches as low as 0.9594 so far today. Intraday bias remains on the downside and current fall should target next medium term projection level at 100% projection of 1.2296 to 0.9916 from 1.1729 at 0.9349. On th…
USD/JPY’s decline extends further to as low as 82.63 today an at this point. Intraday bias remains cautiously on the downside as long as 83.15 minor resistance holds and further decline would be seen towards 80 psychological level. On the upside, above…
AUD/USD’s rally extends further to as high as 0.9873 today so far and breaks 2008 high of 0.9849. Intraday bias remains on the upside and current rally should now target 138.2% projection of 0.8315 to 0.9220 from 0.8770 at 1.0021 next, which is close t…
EUR/GBP breaks 0.8725 to resume recent rally and reaches as high as 0.8743 so far. Intraday bias is back to the upside and further rise should be seen to 161.8% projection of 0.8067 to 0.8530 from 0.8141 at 0.8890 next. On the downside, break of 0.8626…
EUR/USD’s rally continues today and reaches as high as 1.3880 so far. Short term outlook remains bullish with 1.3636 support intact. Current rally is expected to continue to 100% projection of 1.1875 to 1.3330 from 1.2587 at 1.4024, which is close to 1…
GBP/USD retreats again after a brief break of 1.5921 resistance. While upside momentum remains unconvincing, further rise is still in favor with 1.5668 support intact. Current rally from 1.5296 is still expected to continue towards 1.5997 high. On the …
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