AUD/USD Classical Technical Report 04.30
AUD/USD: Our bearish outlook in this market remains intact and we continue to project deeper setbacks over the coming days and weeks back below parity. A fresh lower top is now sought out somewhere below 1.0600 but only back above 1.0640 would delay and give reason for concern. From here, look for a break back [...]
Continue Reading AUD/USD Classical Technical Report 04.30
USD/CHF Classical Technical Report 04.30
USD/CHF: Our core constructive outlook remains well intact with the latest setbacks very well supported by psychological barriers at 0.9000. It now looks as though the market could be looking to carve a fresh higher low, and we will be looking for additional upside back towards the recent range highs at 0.9335 over the coming [...]
Continue Reading USD/CHF Classical Technical Report 04.30
GBP/USD Classical Technical Report 04.30
GBP/USD: Although the market had been very well bid in recent sessions, the rally looks like it might finally be closer to stalling out in favor of a bearish resumption. Look for a daily close back below 1.6150 to officially confirm, but aggressive traders may want to consider fading and strength into the 1.6250 area [...]
Continue Reading GBP/USD Classical Technical Report 04.30
