USD/CAD rally resumed by breaking 1.0063 and reaches as high as 1.0093 so far today. The strong break of falling trend line resistance should confirm that whole correction pattern from 1.0656 has completed at 0.9799 already. Further rise is now expecte…
AUD/USD’s decline resumed after brief consolidation and reaches as low as 0.9875 so far. Intraday bias is back on the downside for 100% projection of 1.0852 to 1.0225 from 1.0473 at 0.9846 next. Break will target 0.9663 support and possibly below to 16…
EUR/USD’s fall resumes after brief consolidation and reaches as low as 1.2770 so far today. intraday bias is back on the downside. As noted before, rebound from 1.2625 is already completed at 1.3486 and current fall should target a retest on 1.2625 sup…
GBP/USD drops further to as low as 1.6018 so far today and intraday bias remains on the downside for the moment. A short term top is at least formed at 1.6300 and whole rise from 1.5234 might be completed too. Deeper fall should be seen to 38.2% retrac…
USD/JPY’s consolidation from 79.42 temporary low is still in progress and intraday bias remains neutral. Near term outlook remains mildly bearish with 80.61 minor resistance intact. Current decline from 84.17 is expected to resume soon and below 79.42 …
USD/CHF’s rally resumes after brief consolidation and reaches as high as 0.9404 so far today and intraday bias is back on the upside. Current rise from 0.8903 is expected to continue to retest 0.9594 high. On the downside, below 0.9333 minor support wi…
A temporary low is in place at 1.2813 in EUR/USD and intraday bias is turned neutral for the moment. Some consolidation could be seen but upside is expected to be limited by 1.2994 support turned resistance and bring fall resumption. As noted before, r…
Deep decline is still expected in GBP/USD with 1.6181 minor resistance intact. Current development indicates that a short term top is at least formed at 1.6300 and whole rise from 1.5234 might be completed too. Deeper fall should be seen to 38.2% retra…
A temporary top is in place at 0.9372 and some consolidations could be seen in USD/CHF. But downside is expected to be contained above 0.9194 minor support and bring another rally. Current rise form 0.8903 is expected to continue and above 0.9372 will …
USD/JPY’s consolidation from 79.42 temporary low is still in progress and intraday bias remains neutral. Near term outlook remains mildly bearish with 80.61 minor resistance intact. Current decline from 84.17 is expected to resume soon and below 79.42 …
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