As the greenback has remained confined within near term established range, further consolidation within 0.9083-0.9149 would be seen and reckon said resistance would limit upside, bring another test of 0.9083, break there would extend recent decline to 0.9050-60, however, loss of downward momentum should prevent sharp fall below 0.9030 and

Cable’s selloff after meeting heavy selling interest right at 1.5816 signals the rebound from 1.5644 has ended at 1.5880 and retest of this level would be seen, however, break there is needed to signal early fall from 1.5929 top has resumed for a stronger retracement of recent upmove to 1.5600-05

Euro’s near term sideways trading is expected to continue and as long as resistance at 1.3293 (yesterday’s high) holds, risk of another corrective fall cannot be ruled out, however, renewed buying interest should emerge around 1.3130-35 (50% Fibonacci retracement of 1.2975-1.3293) and bring another rise later. A break of said

Although the greenback has risen again on cross-selling in Japanese yen and recent rise may extend marginal gain, loss of near term upward momentum should prevent further sharp move and reckon 80.50 would hold from here, bring retreat later. Below the Ichimoku cloud top (now at 79.65) would suggest top

As the greenback has remained confined within near term established range, further consolidation within 0.9083-0.9149 would be seen and reckon said resistance would limit upside, bring another test of 0.9083, break there would extend recent decline to 0.9050-60, however, loss of downward momentum should prevent sharp fall below 0.9030 and

Despite intra-day brief bounce to 1.5816, cable met heavy selling interest right at the Kijun-Sen and has tumbled, dampening our bullishness and signal the rebound from 1.5644 has ended at 1.5880 and weakness to 1.5655 cannot be ruled out, however, as broad outlook is still consolidative, reckon downside would be

Euro’s near term sideways trading is expected to continue and as long as resistance at 1.3293 (yesterday’s high) holds, risk of another corrective fall cannot be ruled out, however, renewed buying interest should emerge around 1.3130-35 (50% Fibonacci retracement of 1.2975-1.3293) and bring another rise later. A break of said

Although the greenback has risen again on cross-selling in Japanese yen and recent rise may extend marginal gain, loss of near term upward momentum should prevent further sharp move and reckon 80.50 would hold from here, bring retreat later. Below the Ichimoku cloud top (now at 79.65) would suggest top

As the greenback has remained confined within near term established range, further consolidation within 0.9083-0.9149 would be seen and reckon said resistance would limit upside, bring another test of 0.9083, break there would extend recent decline to 0.9050-60, however, loss of downward momentum should prevent sharp fall below 0.9030 and

Despite intra-day brief bounce to 1.5816, cable met heavy selling interest right at the Kijun-Sen and has tumbled, dampening our bullishness and signal the rebound from 1.5644 has ended at 1.5880 and weakness to 1.5680 cannot be ruled out, however, as broad outlook is still consolidative, reckon downside would be

Euro’s near term sideways trading is expected to continue and as long as resistance at 1.3293 (yesterday’s high) holds, risk of another corrective fall cannot be ruled out, however, renewed buying interest should emerge around 1.3130-35 (50% Fibonacci retracement of 1.2975-1.3293) and bring another rise later. A break of said

Although the greenback has risen again on cross-selling in Japanese yen and recent rise may extend marginal gain, loss of near term upward momentum should prevent further sharp move and reckon 80.50 would hold from here, bring retreat later. Below the Ichimoku cloud top (now at 79.65) would suggest top

As the greenback has remained confined within near term established range, further consolidation within 0.9083-0.9149 would be seen and reckon said resistance would limit upside, bring another test of 0.9083, break there would extend recent decline to 0.9050-60, however, loss of downward momentum should prevent sharp fall below 0.9030 and

Although cable has rebounded after intra-day fall to 1.5764, reckon the Kijun-Sen (now at 1.5814) would limit upside and near term downside risk remains for the fall from 1.5880 to bring retracement of recent upmove to 1.5750, however, reckon 1.5736-41 (previous resistance and 61.8% Fibonacci retracement of 1.5655-1.5880) would limit

Euro’s near term sideways trading is expected to continue and as long as resistance at 1.3293 (yesterday’s high) holds, risk of another corrective fall cannot be ruled out, however, renewed buying interest should emerge around 1.3130-35 (50% Fibonacci retracement of 1.2975-1.3293) and bring another rise later. A break of said

Although the greenback has risen again on cross-selling in Japanese yen and recent rise may extend gain to previous resistance at 80.25, loss of near term upward momentum should prevent sharp move beyond there and reckon 80.50 would hold from here, bring retreat later. Below the Ichimoku cloud top (now

As the greenback has retreated after faltering below intra-day resistance at 0.9149, suggesting further consolidation would be seen, however, only break of support at 0.9083 would extend recent decline to 0.9050-60, however, loss of downward momentum should prevent sharp fall below 0.9030 and reckon psychological support at 0.9000 would hold,

As cable has fallen after meeting renewed selling interest at 1.5865, retaining our view that further consolidation below yesterday’s high of 1.5880 would be seen and another corrective fall to 1.5768 (current level of the Ichimoku cloud bottom and 50% Fibonacci retracement of 1.5655-1.5880) is likely, however, reckon 1.5750 would

As the single currency has retreated after intra-day brief rise to 1.3293, suggesting consolidation below this level would take place and test of support at 1.3182-86 would be seen, however, renewed buying interest should emerge around 1.3130-35 (50% Fibonacci retracement of 1.2975-1.3293) and bring another rise later. A break of

Although the greenback has eased after faltering below previous resistance at 79.89, as long as support at 79.35 holds, near term upside risk remains for recent upmove to extend further gain to psychological resistance at 80.00, however, loss of near term upward momentum should prevent sharp move beyond previous resistance