No change in USD/CHF's outlook as consolidation continues in established range of 1.0712/1021. Intraday outlook remains neutral for the moment. We're treating price actions from 1.1021 as consolidation to rise from 1.0630 only. Hence, while some more sideway trading might

USD/JPY's consolidation continues today and intraday outlook remains neutral for the moment. On the upside, above 94.94 minor resistance will bring another rise to complete the consolidation but upside is expected to be limited below 94.87 resistance and bring fall

EUR/USD continues to engage in choppy trading inside range of 1.3832/4071 and intraday outlook remains neutral at this point. Further consolidation could still be seen. But after all, we're still favoring the bearish case that fall from 1.4196 is still

Forex markets are staying in tight range in early US session, lacking a clear direction. Stocks open mildly up, lifted by news that Goldman Sachs is upgraded by analyst Meredith Whitney to "buy" but investors are cautious ahead of an

Intraday bias in GBP/USD remains mildly on the downside with 1.6226 minor resistance intact. Break of 1.5983 will confirm whole fall from 1.6742 has resumed for key medium term trend line support at 1.5776. On the upside, above 1.6226 will

Euro maintains bearishness till it closes below the short term trendline of 1.41 on a closing basis.Look for a break of 1.38 soon to target 1.3450. Bearish (Eur/Usd:1.3920)

EURUSD Comment: Consolidating in a small rather nasty little 'triangle' below the top of a large Ichimoku 'cloud' and Fibonacci resistance. Moving averages are bullish yet the Euro has not managed to gather any upside momentum for weeks. As the

The pair has reached our defined target for the temporary correctional bullishness at 152.30; as the pair continued its projected bearishness on the bigger time frames. Now, it's freely dropping below a cluster support area - turned into resistance -

The 1.3900 mark is under pressure at the time of this writing and both intra-day and short-term studies are bearish, price action suggesting a potential breach below 1.3880/00 - which may extend lower towards next support at 1.3830. Upside barriers

The USD/EURO pair stopped the correctional intraday basis to the upside on last Friday at 50% (at almost 1.3970), to return and resume to the downside where we still expect that the downside intraday basis was not achieved; thus, we