Candlesticks Intraday

Despite yesterday’s retreat from 0.9738 to 0.9692, lack of follow through selling and the subsequent rebound suggest further choppy trading would be seen and another bounce to 0.9738-43 cannot be...

Candlesticks Intraday

As cable has retreated after rising to 1.2760, suggesting consolidation below this level would be seen, however, near term upside risk remains for the move from 1.2589 low to bring retracement of r...

Candlesticks Intraday

The single currency met resistance at 1.1220 yesterday and has retreated, suggesting consolidation below this level would be seen and weakness to 1.1160 cannot be ruled out, however, break of indic...

Candlesticks Intraday

Although the greenback resumed recent upmove and rose to 112.08, current retreat suggests consolidation below this level would be seen and pullback to 111.35-40 cannot be ruled out, however, suppor...

Candlesticks Intraday

Last week’s selloff below previous support at 0.9695 signals the erratic fall from 0.9771 top is still in progress and near term downside risk remains for this move to bring retracement of recent...

Candlesticks Intraday

As cable has continued moving higher after last week’s strong rebound from 1.2589, suggesting near term upside risk remains for this move to bring retracement of recent decline to 1.2780-85 (50% ...

Candlesticks Intraday

The single currency has maintained a firm undertone after last week’s rebound from 1.1119, suggesting near term upside risk remains for this rebound to extend gain to 1.1213 resistance, then towa...

Candlesticks Intraday

Although the greenback has rebounded after finding support at 110.95 last week and gain towards resistance at 111.79 (last week’s high) cannot be ruled out, break there is needed to signal recent...