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Since Jul 14 NZDUSD has been bullish, however price has reached to a strong resistance around 0.6445 where it may turn the recent sentiment into neutral bias. So, it is expected the rate trades within a range between 0.644 and 0.629. If rate approaches to 0.629, a bullish move is expected toward 0.64. As long as price trades above 0.629, price moves within a trading range.

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USDJPY has topped out on Jul 14 and since then it has shown tendency to decline. Recently rate fell to a low of 130.4 which implies the largest correction ever experienced during 2022. If rate starts to trade below 133.3 it signals a continuation of bearish bias. A zone between 129.85 and 130.5 offers a strong support. On the upside if rate starts to climb, 105...

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DXY is topped out on Jul 14. Since then price has fallen from 109.29 to a low of 104.63. The ongoing bearish bias is likely to continue as long as it trades below 106. If price breaches above 106, it signals a change in short-term trend. if such scenario happens, 108 would be a possible target.

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EURUSD is poised to rebound in short-term after reaching key level at 1.025. Resistance is seen around 1.035 This scenario holds as long as price trades above 1.023/1.025 zone

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NZDUSD has reached a key level at 0.646. At this point, the most likely scenario is a pull-back toward 0.635 Short-term bearish bias as long as price trades below 0.646

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As long as it trades above 163/165 zone, it is likely to stay bullish.

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GDX has made a floor since Jul 25. The stock is about to recover some of the loses during the first quarter of 2022. Targets are 29.5 and 31

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IWM bullish bias is likely to continue toward 202.

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EURCAD is heading toward 1.3085 where it is expected to rebound. If this scenario occurs, target would be around 1.325

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CHFJPY is bearish as long as price trades below 141.

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EURUSD briefly hit key level of 1.035 today which implies a bullish signal. Target is seen around 1.049. If price trades below 1.03, support is around 1.022.

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GBPUSD is expected to move between 1.2 and 1.22 by AUG 15. it is less likely to see big move out of a narrow range. The most probable scenario is to see rebound near 1.205 and pullback from 1.215. This neutral bias may end after AUG 15.

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Opportunity for bearish bias may arise if price reaches around 142.4 where it once topped out at the end of July. As long as 142.5 holds, there is a possible pull back which may extend well below 140. There is a risk that rate breaches 142.5 mark and would hit higher level prior to being exhausted around 143.5.

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EURUSD long-term bearish sentiment is still intact. The initial signal of ending bearish bias is when rate trades above 1.032 and 1.036. In such scenario price would move initially to 1.05 and then it can head to 1.08 by the end of this quarter. As long as price holds below 1.032, a trading range between 1.01 and 1.032 is expected. It is worth taking bullish risk...

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USDCAD is expected to stay bullish during Aug 2022. Price objectives are 1.30 and 1.316. In short-term however USDCAD is likely to be trading within a range between 1.289 and 1.302. 1.289 and 1.28 are two key levels where market is expected to start a bullish bias.

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EURCAD has bottomed out around 1.3 and as long as trades above this key level, it is likely to move higher. If price trades below 1.32, the likely scenario is to see the rate move lower toward 1.303. Support is seen between 1.3 and 1.303

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AUDCAD is expected to move within a trading range between 0.887 and 0.9 during AUG 2022. Possible rebound expected around 0.887 & 0.883 aiming at 0.897. Although we assume neutral bias, however the risk might be a directional move toward 0.874.

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AUDCAD is expected to move within a trading range between 0.887 and 0.9 during AUG 2022. Possible rebound expected around 0.887 & 0.883 aiming at 0.897. Although we assume neutral bias, however the risk might be a directional move toward 0.874.