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Intraday bias in EUR/USD remains neutral for consolidations below 1.1710. Downside should be contained by 1.1565 support to bring another rally. On the upside, above 1.1710 will target 61.8% retracement of 1.2081 to 1.1323 at 1.1791 next. Firm break there will bring retest of 1.2081 high.

In the bigger picture, current development argues that fall from 1.2081 was a corrective pattern which has completed at 1.1323, after hitting 38.2% retracement of 1.0176 to 1.2081 at 1.1353. Firm break of 1.2081 will resume whole up trend from 1.1716. This will now remain the favored case as long as 55 D EMA (now at 1.1530) holds, in case of retreat.

Intraday bias in USD/JPY stays neutral at this point. On the downside, below 157.99 will extend the fall from 159.76 to retest 155.22 low. In case of another rise, strong resistance could emerge from 159.59 to 160.62 zone (50% and 61.8% retracement of 163.97 to 155.22) to limit upside.

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 is turned neutral with current retreat. Some consolidations would be seen below 1.3675. Further rally is expected as long as 1.3518 support holds. Firm break of 100% projection of 1.3139 to 1.3557 from 1.3272 at 1.3690 will target a retest on 1.3867 high.

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.

Intraday bias in USD/CHF remains neutral for the moment. On the downside, decisive break of the channel support (now at 0.7928) 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, firm break of 0.8038 will bring stronger rebound.

In the bigger picture, rejection by 38.2% retracement of 0.9200 (2025 high) to 0.7603 at 0.8213 suggests rebound from 0.7603 is merely a corrective move, and the long term down trend is not complete yet. Break of 0.7603 will resume the down trend. Nevertheless, decisive break of 0.8213 will indicate that USD/CHF is at least reversing the medium term trend, and turn focus to 0.8332 support turned resistance (2023 low) for confirmation.

Intraday bias in AUD/USD remains on the upside for the moment. Firm break of 161.8% projection of 0.6864 to 0.7026 from 0.6921 at 0.7183 will extend the rally from 0.6864 to retest 0.7277 high. On the downside, below 0.7128 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. Firm break of 0.7277 will target 0.8006 (2021 high).

Intraday bias in USD/CAD is turned neutral with current recovery, and some consolidations could be seen above 1.3730. Upside should be limited by 38.2% retracement of 1.4247 to 1.3730 at 1.3972. Break of 1.3730 will resume the fall from 1.4247 to retest 1.3480 low.

In the bigger picture, the pattern from 1.4791 (2025 high) is still extending, with fall from 1.4247 as the third leg. Firm break of 1.3480 will pave the way to 100% projection of 1.4791 to 1.3480 from 1.4247 at 1.2936. For now, medium term risk will stay on the downside as long as 1.4247 resistance holds, in case of rebound.

Intraday bias in GBP/JPY remains mildly on the upside at this point. Rise from 209.55 should target a retest on 219.56 high. On the downside, below 216.20 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 209.69) 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.

Intraday bias in EUR/JPY is turned neutral first with current retreat, and some consolidations could be seen first. Further rally is expected as long as 183.90 support holds. Above 186.00 will extend the rise from 179.34 to retest 187.42, and then 187.93.

In the bigger picture, strong rebound from rising 55 W EMA (now at 180.81) 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.

Intraday bias in EUR/GBP remains neutral at this point. While rebound from 0.8453 could extend, strong resistance should be seen from 0.8610 support turned resistance to limit upside. On the downside, break of 0.8530 support will argue that the corrective rebound from 0.8453 has completed, and turn bias back to the downside for retesting this low. However, firm break of 0.8610 will bring stronger rally to falling channel resistance (now at 0.8648).

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 stays neutral at this point. On the downside, firm break of 1.6250 will extend the fall from 1.6617 to retest 1.6108 low. On the upside, above 1.6444 will bring another rebound to 1.6503. Overall, corrective pattern from 1.6108 (or 1.6125) could still extend for a while before larger decline resumption.

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.