Stocks and Dollars

The euro (EUR) recovered a little yesterday against the dollar edging higher to 1.2758 from 1.2681 as risk sentiment in the market improved slightly. Investors remain worried about Greece’s ability to avoid bankruptcy and stay in the euro ahead of Greece’s second election. Greece put a senior judge Panagiotis Pikramenos

AUD/USD lost some downside momentum and turned sideway but recovery is so far weak. Intraday bias remains on the downside for 100% projection of 1.0852 to 1.0225 from 1.0473 at 0.9846 next. Break will target 0.9663 support and possibly below to 161.8% projection at 0.9459. On the upside, above 1.0014

AUD/USD lost some downside momentum and turned sideway but recovery is so far weak. Intraday bias remains on the downside for 100% projection of 1.0852 to 1.0225 from 1.0473 at 0.9846 next. Break will target 0.9663 support and possibly below to 161.8% projection at 0.9459. On the upside, above 1.0014

AUD/USD lost some downside momentum and turned sideway but recovery is so far weak. Intraday bias remains on the downside for 100% projection of 1.0852 to 1.0225 from 1.0473 at 0.9846 next. Break will target 0.9663 support and possibly below to 161.8% projection at 0.9459. On the upside, above 1.0014

AUD/USD lost some downside momentum and turned sideway but recovery is so far weak. Intraday bias remains on the downside for 100% projection of 1.0852 to 1.0225 from 1.0473 at 0.9846 next. Break will target 0.9663 support and possibly below to 161.8% projection at 0.9459. On the upside, above 1.0014

A temporary top is in place at 1.0132 and intraday bias is turned neutral for the moment. Some consolidations could be seen first but downside is expected to be contained well above 0.9953 and bring another rally. As noted before, whole correction pattern from 1.0656 has completed at 0.9799 already.

A temporary top is in place at 1.0132 and intraday bias is turned neutral for the moment. Some consolidations could be seen first but downside is expected to be contained well above 0.9953 and bring another rally. As noted before, whole correction pattern from 1.0656 has completed at 0.9799 already.

A temporary top is in place at 1.0132 and intraday bias is turned neutral for the moment. Some consolidations could be seen first but downside is expected to be contained well above 0.9953 and bring another rally. As noted before, whole correction pattern from 1.0656 has completed at 0.9799 already.