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Intraday bias in USD/JPY is turned neutral first with current recovery. In case of another rise, strong resistance should be seen from 159.59 to 160.62 zone (50% and 61.8% retracement of 163.97 to 155.22) to limit upside. On the downside, below 157.99 will bring deeper fall back to retest 155.22 low.

In the bigger picture, as long as 155.01 cluster support (38.2% retracement of 139.87 to 163.97 at 154.76) holds, the larger up trend is still expected to continue through 163.97 after current correction completes. However, firm break of 155.01 will raise the chance that USD/JPY is already in a larger scale correction, and open up deeper fall back to 139.87 (2025 low) in the medium term.

Intraday bias in GBP/USD remains on the upside at this point. Rise from 1.3139 would target 100% projection of 1.3139 to 1.3557 from 1.3272 at 1.3690. Firm break there will target a retest on 1.3867 high. On the downside, below 1.3593 minor support will turn intraday bias neutral again first.

In the bigger picture, price actions from 1.3867 are a corrective pattern within the broader up trend from 1.0351 (2022 low). With 1.3008 support intact, medium term bullishness is maintained and break of 1.3867 is in favor for a later stage, towards 1.4248 key resistance (2021 high). However, firm break of 1.3008 will at least bring deeper fall to 38.2% retracement of 1.0351 to 1.3867 at 1.2524, with increased risk of bearish reversal.

USD/CHF's fall from 0.8205 short term top is in progress and intraday bias stays on the downside for rising channel support (now at 0.7921). Sustained break there will solidify the case that rebound from 0.7603 has completed with three waves up to 0.8205. Deeper fall should be seen to 0.7760 support next. On the upside, above 0.8038 support turned resistance will turn intraday bias neutral again first.

In the bigger picture, focus is on 38.2% retracement of 0.9200 (2025 high) to 0.7603 at 0.8213. Decisive break will argue that USD/CHF is reversing the medium term trend, and turn focus to 0.8332 support turned resistance (2023 low) for confirmation. Nevertheless, rejection by 0.8213 will maintain medium term bearishness for another fall through 0.7603 at a later stage.

AUD/USD's rally from 0.6864 resumed after brief consolidations. Intraday bias is back on the upside for 161.8% projection of 0.6864 to 0.7026 from 0.6921 at 0.7183. Firm break there will bring retest of 0.7277 high. On the downside, below 0.7102 minor support will turn bias neutral and bring consolidations again.

In the bigger picture, price action from 0.7277 medium term top is seen as developing into a correction to rise from 0.5913 only. While deeper decline cannot be ruled out, downside should be contained by 38.2% retracement of 0.5913 to 0.7277 at 0.6756 to bring rebound. Consolidations would continue below 0.7277 for a while, before an eventual upside breakout.

Intraday bias in USD/CAD remains on the downside at this point. With break of 61.8% retracement of 1.3480 to 1.4247 at 1.3773, fall from 1.4247 should target a retest on 1.3480 low. On the upside, above 1.3811 minor resistance will turn intraday bias neutral again first.

In the bigger picture, rejection below 61.8% retracement of 1.4791 to 1.3480 at 1.4290 suggests that the pattern from 1.4791 medium term is still extending. Firm break of 55 W EMA (now at 1.3883) will solidify this case, and bring deeper decline through 1.3480 low.

GBP/JPY's rally from 209.55 resumed after brief retreat and intraday bias is back on the upside. Further rise should be seen to retest 219.56 high. On the downside, below 214.80 minor support will turn bias neutral and bring consolidations first, before staging another rally.

In the bigger picture, strong rebound above 55 W EMA (now at 208.91) keeps the up trend from 123.94 (2020 low) intact. Firm break of 209.55 should target 100% projection of 148.93 to 208.09 from 184.35 at 243.51. However, sustained break of 55 W EMA will argue that it's already in a medium term down trend to 184.35 support.

EUR/JPY's rally continues today and intraday bias stays on the upside for 187.42 resistance first. Firm break there will bring retest of 187.93 high. On the downside, below 184.89 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally.

In the bigger picture, strong rebound from rising 55 W EMA (now at 180.23) keeps the up trend from 114.42 (2020 low) intact. Break of 187.93 will target 78.6% projection of 124.37 (2022 low) to 175.41 (2025 high) from 154.77 at 194.88. However, sustained break of 55 W EMA will argue that it's already in a medium term down trend to 175.41 resistance turned support and below.

EUR/GBP retreated after rejection at 0.8585 and intraday bias remains neutral. On the upside, break of 0.8585 will extend the rebound from 0.8453. But still, strong resistance is expected from 0.8610 to cap upside. On the downside, break of 0.8530 support will turn bias back to the downside for retesting 08453. However, sustained break of 0.8610 will bring stronger rally to falling channel resistance (now at 0.8650).

In the bigger picture, rise from 0.8221 (2024 low) should have completed at 0.8863, just ahead of 38.2% retracement of 0.9267 (2025 high) to 0.8221 at 0.8867. Deeper fall would be seen back to 0.8221. For now, outlook will be neutral at best as long as 0.8610 support turned resistance hold.

Intraday bias in EUR/AUD is turned neutral with current retreat. Overall outlook is unchanged that corrective pattern from 1.6108 (or 1.6125) is still extending. Above 1.6444 will target 1.6503 first. On the downside, below 1.6250 will target a retest on 1.6108 low.

In the bigger picture, outlook will stay bearish as long as 1.6842 resistance holds. Fall from 1.8554 (2025 high) is expected to continue to 61.8% retracement of 1.4281 to 1.8554 at 1.5913. Decisive break there will pave the way back to 1.4281 (2022 low). However, firm break of 1.6842 should confirm medium term bottoming, and bring stronger rally.

EUR/CHF recovered after dipping to 0.9304 and intraday bias is turned neutral first. More consolidations would be seen below 0.9408 short term top. Below 0.9304 will bring deeper pullback but downside should be contained by 38.2% retracement of 0.8979 to 0.9408 at 0.9244 to bring rebound.

In the bigger picture, the failure to sustain above 0.9394 dampen the bullish case. Outlook is turned neutral first. On the upside, firm break of 0.9394 should confirm that rise from 0.8979 medium term is at least reversing the fall from 0.9928 (2024 high), with prospect of developing into a medium term up trend. Further rally should be seen to 0.9660 resistance next. However, sustained break of 0.9264 will revive medium term bearishness, and bring retest of 0.8979 low instead.