With 1.3290 resistance intact, we’re still slightly favoring the bearish case that fall from 1.3486 is not finished. Below 1.3141 will flip bias back to the downside and break of 1.2974 will confirm completion of rebound from 1.2625. However, sustained…
Intraday bias in GBP/USD remains on the upside with 1.5818 minor support intact and current rise should target 1.5991 resistance. As noted before, correction from 1.5991 is likely finished at 1.5602. Break there will confirm resumption of whole rebound…
USD/CHF dips further but downside is still contained above 0.9071. With 0.9071 support intact, we’re still slightly favoring the bullish case. That is, fall from 0.9594 is finished with three waves down to 0.8930 after hitting lower channel support. Ab…
No change in USD/JPY’s outlook and intraday bias remains neutral as consolidation from 84.17 continues. Deeper retreat cannot be ruled out to 4 hours 55 EMA (now at 82.76). But still, downside should be contained above 81.86 resistance turned support a…
Outlook in EUR/GBP remains unchanged. Corrective rise from 0.8221 is likely finished with three waves up to 0.8505. Fall from 0.8505 is expected to target a test on 0.8221 low first. Break will confirm resumption of whole decline from 0.9083 and should…
Outlook in EUR/GBP remains unchanged. Corrective rise from 0.8221 is likely finished with three waves up to 0.8505. Fall from 0.8505 is expected to target a test on 0.8221 low first. Break will confirm resumption of whole decline from 0.9083 and should…
Intraday bias in GBP/JPY remains on the upside with 131.44 minor support intact and current rally is expected to continue to 140.02 key resistance level. On the downside, below 131.44 minor support will turn bias neutral and bring consolidations. But b…
EUR/JPY’s rally resumed after brief retreat and reaches as high as 110.56 so far. Intraday bias is back on the upside and current rally should target 111.57 key resistance next. As noted before, fall from 123.31 has likely finished on bullish convergen…
GBP/JPY’s rally is still in progress and edges higher to 132.48 so far. Intraday bias remains on the upside and current rise should target 140.02 key resistance level. On the downside, below 131.44 minor support will turn bias neutral and bring consoli…
EUR/GBP’s fall resumed and reaches as low as 0.8283 so far. Outlook remains unchanged. Corrective rise from 0.8221 is likely finished with three waves up to 0.8505. Fall from 0.8505 is expected to target a test on 0.8221 low first. Break will confirm r…
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