EUR/USD’s decline extended to as low as 1.0487 last week before recovering mildly. Initial bias remains neutral this week for some more consolidations. While stronger rebound cannot be ruled out, near term outlook will stay Read more…
USD/JPY rose further to 149.70 last week before retreating mildly since then. Initial bias remains neutral this week for more consolidations. While deeper pull back cannot be ruled out, near term outlook will stay bullish Read more…
GBP/USD’s fall continued to as low as 1.2109 last week before recovering mildly. Initial bias stays neutral this week for some more consolidations. While stronger rise cannot be ruled out, near term outlook will stay Read more…
USD/CHF surged further to as high 0.9224 last week before retreating. Initial bias remains neutral this week for some more consolidations. While deeper pull back cannot be ruled out, near term outlook will stay bullish Read more…
AUD/USD rebounded strongly after initial fall to 0.6630 last week. But upside is capped below 0.6510 resistance. Initial bias remains neutral this week and further fall is in favor. On the downside, break of 0.6330 Read more…
USD/CAD’s late rebound last week suggests that pull back from 1.3693 has completed at 1.3378. Initial bias is back on the upside for retesting 1.3693 high next. Strong resistance could be seen there to limit Read more…
GBP/JPY turned into sideway trading last week and initial bias stays neutral this week for more consolidation. But deeper decline is expected as long as 183.34 resistance holds. On the downside, break of 180.78 will Read more…
EUR/JPY extended the sideway patter from 156.57 last week and outlook is unchanged. Initial bias remains neutral this week for more consolidations. Deeper decline will remain in favor as long as 158.64 resistance holds. On Read more…
EUR/GBP failed to sustain above 0.8700 last week and retreated. But downside is contained by 0.8629 support so far. Initial bias remains neutral this week first. On the upside, decisive break of 0.8700 resistance will Read more…
EUR/AUD’s fall from 1.7062 resumed last week and hit as low as 1.6319. Outlook is unchanged that this decline is seen as a larger scale correction. Deeper fall is expected as long as 1.6650 resistance Read more…