Although aussie has fallen again to as low as 0.9794, lack of follow through selling and current rebound suggest consolidation would be seen and recovery to 0.9900, then 0.9950-60 cannot be ruled out, however, renewed selling interests should emerge around 1.0015-20 and bring another decline later. A break of said support would extend recent decline to 0.9750 but loss of downward momentum should prevent sharp fall below 0.9700

Despite yesterday’s brief fall to 0.7951, lack of follow through and the subsequent rebound suggest a minor low is possibly formed and consolidation would be seen with mild upside bias for retracement to 0.8045-50, however, renewed selling interest should emerge around 0.8080 and bring another decline. A breach of said support would extend recent downtrend to 0.7936 (1.618 times projection of 0.9084-0.8531 measuring from 0.8831)

As the greenback has risen again after brief pullback, suggesting bullishness remains for the rise from 0.9800 (tentatively ended of wave C) to bring further gain to 1.0200 and then towards 1.0245/50 (61.8% Fibonacci retracement of 1.0524-0.9800), however, near term overbought condition should limit upside to 1.0290-00 and price should falter well below 1.0330 (61.8% Fibonacci retracement of entire fall from 1.0658-0.9800).

Although the single currency has remained under pressure, loss of near term downward momentum should prevent sharp fall below 101.00 and risk has increased for a corrective rebound, above 102.87 would bring retracement to 103.25-30 but renewed selling interests should emerge around 103.75-80 and bring another decline. A break of 101.00 would extend recent downtrend to 100.50

As aussie has recovered after yesterday’s fall to 0.9870, suggesting minor consolidation would be seen and correction to 1.0010/15 is likely, however, renewed selling interests should emerge around 1.0100 and bring another decline to 0.9850 but loss of downward momentum should prevent sharp fall below 0.9820 and reckon 0.9800 should hold from here, risk from there is seen for a corrective rebound later.

Despite intra-day marginal fall to 0.7951 (yesterday’s low was 0.7953), lack of follow through and current rebound suggest a minor low is possibly formed and consolidation would be seen with mild upside bias for retracement to 0.8045-50, however, renewed selling interest should emerge around 0.8080 and bring another decline. A breach of said support would extend recent downtrend to 0.7936

As the greenback has retreated after intra-day brief rise to 1.0131, suggesting minor top is formed and consolidation would be seen and pullback to 1.0000 is likely, however, as a temporary low has been formed at 0.9800, downside should be limited to 0.9900 and bring another rebound later. A break of said resistance at 1.0131 would extend the rise from 0.9800 for a stronger retracement of recent decline to 1.0150

Although the single currency has fallen again after brief recovery yesterday, loss of near term downward momentum should prevent sharp fall below 101.00 and risk has increased for a corrective rebound, above yesterday’s high of 102.87 would bring retracement to 103.25-30 but renewed selling interests should emerge around 10375-80 and bring another decline. A break of 101.00 would extend recent downtrend to 100.50

As aussie has recovered after intra-day fall to 0.9870, suggesting minor consolidation would be seen and correction to 1.0000 is likely, however, renewed selling interests should emerge around yesterday’s high of 1.0016 and bring another decline to 0.9850 but loss of downward momentum should prevent sharp fall below 0.9820 and reckon 0.9800 should hold from here

As the single currency has rebounded after holding above yesterday’s low of 0.7964, suggesting consolidation would be seen and corrective bounce to 0.8045-50 cannot be ruled out, however, renewed selling interest should emerge around 0.8080 and bring another decline. A breach of said support would extend recent downtrend to 0.7936 (1.618 times projection of 0.9084-0.8531 measuring from 0.8831)

Although the greenback has rebounded and test of indicated resistance at 1.0064 cannot be ruled out, break there is needed to signal near term rise from 0.9800 low has resumed for a stronger retracement of recent decline to 1.0080 and 1.0100, however, near term overbought condition should limit upside to 1.0150 and risk is seen for a retreat later.

As the single currency has remained under pressure, suggesting recent decline is still in progress and weakness to 102.00 is likely, however, loss of near term momentum should prevent sharp fall below 101.50 and reckon 101.00 would hold from here, risk from there is seen for a corrective bounce to take place later. Above 103.35-40 would bring minor correction to 103.75-80 but renewed selling interests should emerge around 104.50 and bring such a decline later.

As aussie has recovered after falling to indicated dynamic support at 0.9945 (61.8% Fibonacci retracement of 0.9388-1.0857) today, suggesting minor consolidation would be seen and correction to 1.0100 is likely, however, renewed selling interests should emerge around 1.0144 and bring another decline but loss of downward momentum should prevent sharp fall below 0.9900

Although the single currency has fallen again after Friday’s bounce to 0.8049, loss of near term downward momentum should prevent sharp fall below 0.7936 (1.618 times projection of 0.9084-0.8531 measuring from 0.8831) and reckon 0.7895-00 (100% projection of 0.8831-0.8222 measuring from 0.8506) would hold from here, bring a much-needed correction later.

Although the greenback has rebounded after finding support at 0.9954, above resistance at 1.0064 is needed to signal near term rise from 0.9800 low has resumed for a stronger retracement of recent decline to 1.0080 and 1.0100, however, near term overbought condition should limit upside to 1.0150 and risk is seen for a retreat later. If said resistance continues to hold, then further consolidation would be seen and another retreat to 0.9954 cannot be ruled out

As the single currency has remained confined within near term established range, suggesting further consolidation would be seen and as long as last week’s low at 102.76 holds, recovery to 104.00 cannot be ruled out, however, upside should be limited to 104.45 (last week’s high) and renewed selling interests should emerge around 105.00, bring another decline.

Although aussie has fallen again after brief bounce to 1.0144 late last week and weakness to dynamic support at 0.9945-50 (61.8% Fibonacci retracement of 0.9388-1.0857) is likely, loss of downward momentum should prevent sharp fall below 0.9900 and risk from there is seen for a corrective rebound later. Above 1.0050 would bring retracement to 1.0100 and renewed selling interests should emerge around said resistance at 1.0144 and bring another decline

Despite intra-day brief fall to 0.7995, lack of follow through selling and current rebound suggests a minor low is formed and consolidation with mild upside bias is seen for retracement to 0.8060-65 and possibly to this week’s high of 0.8090, however, renewed selling interests should emerge around 0.8140-45 and bring another decline later. A break of said support would extend recent downtrend to 0.7973

As the greenback has retreated sharply after faltering below this week’s high of 1.0064, suggesting first leg of major correction from 0.9800 has ended there and consolidation with mild downside bias would be seen for weakness to 0.9800, however, as temporary low has been formed at 0.9800, downside should be limited to 0.9850 and bring another rebound later. A breach of said resistance at 1.0064 would extend the rise from 0.9800 for a stronger retracement of recent decline to 1.0080 and 1.0100