EURGBP Outlook

EUR/GBP edged higher to 0.8786 last week but pulled back since then. Downside is contained above 38.2% retracement of 0.8402 to 0.8786 at 0.8639 so far and outlook is unchanged. We're treating rise fr...
EURAUD Outlook

EUR/AUD edged higher to 1.4183 last week but quickly pulled back. Downside of retreat was contained by 1.3874 minor support so far and outlook is unchanged. We're still slightly favoring the case of t...
EURCHF Outlook

EUR/CHF edged higher to 1.0823 last week but was rejected by 55 week EMA and dropped sharply. The rejection by the falling 55 week EMA mixed up near term outlook. Initial bias stays neutral this week ...
USDJPY Outlook

Intraday bias in USD/JPY remains on the downside for 111.58 low. Current development argues that consolidation from 111.58 has completed with three waves to 115.49. And larger decline from 118.65 is ...
USDCHF Outlook

Intraday bias in USD/CHF remains on the downside for 0.9860 support. Corrective rise from 0.9860 should have completed at 1.0169 and fall from 1.0342 is likely resuming. Break of 0.9860 will target ...
GBPUSD Outlook

Intraday bias in GBP/USD remains on the upside as rebound from 1.2108 continues. Whole consolidation pattern from 1.1946 is still in progress. Stronger rise could be seen to 1.2705/2774 resistance zon...
EURUSD Outlook

EUR/USD dips notably after hitting 1.0781. But intraday bias stays on the upside for the moment first. Further rally is in favor to 1.0828 resistance and above. Overall, rise from 1.0339 is seen as a ...
AUDUSD Outlook

Intraday bias in AUD/USD remains on the upside for 0.7740 resistance. Current development suggests that rise from 0.7158 is likely resuming. Break of 0.7740 will target 61.8% projection of 0.7158 to...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside as the pull back from 1.3534 could extend lower. We'd expect strong support at 1.3211 cluster level (61.8% retracement at 1.3209) to contain downside a...
EURUSD Outlook

Intraday bias in EUR/USD remains on the upside for 1.0828 resistance and above. Overall, rise from 1.0339 is seen as a corrective move. Hence, we'd upside to be limited by 100% projection of 1.0339 to...
GBPUSD Outlook

Intraday bias in GBP/USD remains on the upside and rebound form 1.2108 continues. Whole consolidation pattern from 1.1946 is still in progress. Stronger rise could be seen to 1.2705/2774 resistance zo...
USDCHF Outlook

USD/CHF's fall from 1.0169 continues and intraday bias remains on the downside for 0.9860. Corrective rise from 0.9860 should have completed at 1.0169 and fall from 1.0342 is likely resuming. Break ...