Month: September 2022

USD/CHF’s rebound from 0.9478 extended higher last week. Initial bias stays on the upside this week for 0.9868 resistance. Firm break of 0.9868 resistance will argue that larger up trend is ready to resume through Read more…

AUD/USD’s down trend resumed by breaking through 0.6680 low decisively, and hit as low as 0.6510. Initial bias is on the downside this week. Next target is 0.6461 long term fibonacci level. Break there will Read more…

USD/CAD’s up trend continued last week and hit as high as 1.3611. Initial bias stays on the upside this week for long term fibonacci level at 1.3650. Break there will target 161.8% projection of 1.2005 Read more…

Much volatility was seen in EUR/CHF last week but there is no sign of reversal. That is, outlook remains bearish and initial bias stays neutral this week first. On the downside, break of 0.9464 will Read more…

EUR/GBP’s rally accelerated further to as high as 0.8933 last week. Initial bias stays on the upside this week. Current up trend from 0.8201 should target long term fibonacci level at 0.9003 next. On the Read more…

EUR/AUD turned into consolidation below 1.4965 last week. Initial bias remains neutral this week first. Further rally is in favor a long as 1.4663 minor support holds. On the upside, break of 1.4965 will resume Read more…