USDCAD Outlook

Deeper decline is expected in USD/CAD as long as 1.3293 resistance holds. As noted before, prior break of 1.3080 key support level could have completed a double top pattern (1.3588, 1.3598) and ind...
EURGBP Outlook

EUR/GBP's rebound form 0.8303 extends today and intraday bias stays on the upside for 61.8% retracement of 0.9304 to 0.8303 at 0.8922 and above. Such rebound is seen as the second leg of the consolida...
EURAUD Outlook

EUR/AUD lost downside momentum ahead of 1.4072 low and intraday bias is turned neutral first. At this point, there is no clear indication of resumption of larger decline yet. Above 1.4332 support tur...
EURCHF Outlook

Intraday bias in EUR/CHF remains neutral for the moment as it's bounded in range of 1.0677/0762. Below 1.0677 will extend the corrective fall from 1.1198 and target 1.0620 key support level. On the ...
EURJPY Outlook

EUR/JPY's fall continues today and the break of 120.90 support indicates near term reversal. That is, the corrective rebound from 109.20 is likely completed at 124.08, ahead of 126.09 key resistance. ...
GBPJPY Outlook

GBP/JPY's decline from 148.20 accelerated by breaking the channel line decisively. 38.2% retracement of 122.36 to 148.42 at 138.46 was also taken out firmly. The development suggests that whole correc...
EURUSD Outlook

EUR/USD's rebound from 1.0339 extended higher last week. Break of 1.0652 resistance indicates bottoming. Initial bias stays mildly on the upside this week for 1.0872 resistance and possibly above. On ...
USDJPY Outlook

USD/JPY's fall last week confirmed topping at 118.65. Price actions from there is expected to develop into a corrective pattern. Deeper fall is expected as long as 116.86 resistance holds to 38.2% ret...
GBPUSD Outlook

GBP/USD dipped to as low as 1.2036 last week but recovered since then. Initial bias stays neutral this week first. Deeper fall is still expected as long as 1.2432 resistance holds. Below 1.2036 will t...
USDCHF Outlook

USD/CHF dipped mildly lower last week but stayed in range of 1.0019/0342. Initial bias remains neutral this week first. As long as 1.0019 support holds, further rally is still mildly in favor. Firm b...
AUDUSD Outlook

AUD/USD's rebound from 0.7158 extended last week and the stronger than expected rise is mixing up outlook. Initial bias stays on the upside this week for 61.8% retracement of 0.7777 to 0.7518 at 0.754...
USDCAD Outlook

USD/CAD's fall from 1.3598 extended lower last week. The breach of 1.3080 key support level could have completed a double top pattern (1.3588, 1.3598) and indicates reversal. That is, whole correctiv...
GBPJPY Outlook

GBP/JPY's fall from 148.42 resumed last week and initial bias stays on the downside this week for 38.2% retracement of 122.36 to 148.42 at 138.46. Sustained trading below 138.46 will affirm the case t...
EURJPY Outlook

EUR/JPY dipped mildly last week but stayed in range of 120.90/124.08. Outlook is unchanged and initial bias stays neutral this week first. Further rally is still in favor as long as 120.90 support ho...
EURGBP Outlook

EUR/GBP's rebound from 0.8303 resumed last week and reached as high as 0.8766. The development suggests that fall from 0.9304 is completed at 0.8303. Rise from there is seen as the second leg of the c...
EURAUD Outlook

EUR/AUD's fall from 1.4721 resumed last week and reached as low as 1.4138. At this point, there is no clear indication of resumption of larger decline yet. Still, as long as 1.4322 support turned resi...
EURCHF Outlook

No change in EUR/CHF's outlook as it stayed in range of 1.0677/0762 last week. Initial bias remains neutral this week. Below 1.0677 will extend the corrective fall from 1.1198 and target 1.0620 key su...
USDJPY Outlook

Intraday bias in USD/JPY remain son the downside for the moment. The decline from 118.65 would extend to 55 day EMA (now at 113.22) and below. At this point, we'd expect strong support from 38.2% retr...
USDCHF Outlook

USD/CHF is holding above 1.0019 support and intraday bias stays neutral first. Price actions from 1.0342 are seen as a consolidation pattern. Firm break of 1.0342 will confirm up trend resumption. How...
EURUSD Outlook

Intraday bias in EUR/USD remains mildly on the upside. Rebound from 1.0339 short term bottom would target 1.0872 resistance and possibly above. On the downside, below 1.0453 minor support will turn bi...
GBPUSD Outlook

GBP/USD is staying in range of 1.2036/2432 and intraday bias remains neutral first. Deeper fall is still expected as long as 1.2432 resistance holds. Below 1.2036 will target a test on 1.1946 low firs...