NZDUSD still capped by 13 day MA. Almost the same with Aussie, we can't expect Kiwi to directly fight against Dollar's major trend. I suggest exit long positions from 0.6938 and 0.6913 at market. For now the base is still valid above 0.6897. For more details please visit www.fxstreet.com
AUDUSD still hold by daily Ichimoku Tenkan-Sen. Daily oscillators threaten to cross-over at the top of their range. The small base is valid above 0.7515/7477. But before Dollar Index is topped, Aussie is hard to fight the major trend. I suggest to exit long positions from 0.7569 and 0.7536 at market and look for better opportunities. For more details please...
USDJPY reached 110.37 in Asia market. Daily oscillators already cross-over from the top of their range. Below 110.90, we could not rule out a small top formation. If so, today will not touch or close above 111.19. Above here, will challenge another leg higher toward 111.70/95, or even 112.59. We should be cautious before Fed Minutes released. Daily support ...
EURUSD failed to close above 1.1790. We could not rule out further decline to 1.1670/35. But both EUSDUSD and Dollar Index already reached 100% extension of a 5 wave moving. We'll try a tactical long against recent low, limited risk. If failed, will consider to reverse to short tomorrow. For more details, please visit www.fxstreet.com
AUDUSD touched 0.7605 over night. Price formed a potential exhausting bar, but support is clustered at 0.7515, 0.7470 and 0.7430. In other words, even if Dollar Index have another 1% rising to 94.40, the downside of Aussie should be limited from current level. The long position from 0.7453 reached profit target at 0.7574 yesterday. I suggest to closing short...