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Posted by on in FX Chart Updates

A better bounce late last week, again reluctant to retest the 1.0819/07 support area, to leave an upside bias for Monday.

However, for latter July/ early August, we still see a bearish tone since the probe of 1.0819.

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Posted by on in FX Chart Updates

A significant setback and a bearish outside pattern Tuesday, but a rebound effort through midweek rejects correction risks and leaves bias for a push back to 124.44/48.

As we stated in our last report "we still favour a July bullish resolution, now above 124.48". 

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Tagged in: Forex FX JPY Yen
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Posted by on in FX Chart Updates

A setback Tuesday after the Monday better push above the psychological/ option target at 1.3000 that reinforced the Wednesday surge through the 2015 high at 1.2835.

This leaves bias for a midweek consolidation, but risk higher for July, to aim for a key target above.

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Posted by on in FX Chart Updates

A lacklustre bounce from 1.0819 support on Monday and a probe below here on Tuesday, capped by 1.0907 after a push last week through key 1.0914 support has seen a shift to a more bearish theme for July and Tuesday.

For Today:

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Posted by on in FX Chart Updates

A strong rally Tuesday for a bullish outside pattern to hit our 1.5629/44 target area and reinforce the recent bounce from our 1.5327 retrace support level.

This keeps a bias for further upside through midweek.

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Tagged in: Forex FX GBP GBPUSD USD
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IMPORTANT NOTES

Holiday and cessation of service: 7th-23rd August 2017

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