EUR/USD fell further to 1.0722 last week but recovered since then. Initial bias remains neutral this week for more consolidations. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 1.0896 Read more…
USD/JPY’s rally from 140.25 resumed by breaking through 148.79 last week. Initial bias remains on the upside for retesting 151.89/93 key resistance zone. Decisive break there will confirm resumption of larger up trend. For now, Read more…
GBP/USD rebounded after initial dip to 1.2517 last week, but upside was capped by 55 4H EMA. Initial bias remains neutral this week first. On the upside, firm break of 1.2641 resistance will affirm the Read more…
USD/CHF’s rise from 0.8332 resumed by breaking 0.8727 resistance last week. Initial bias stays on the upside this week despite loss of upside momentum. Next target is 61.8% retracement of 0.9243 to 0.8332 at 0.8995. Read more…
AUD/USD edged lower to 0.6468 last week but turned sideway since then. Initial bias remains neutral this week for more consolidations. While stronger recovery cannot be ruled out, outlook will stay bearish as long as Read more…
USD/CAD rebounded strongly last week but failed to break through 1.3540 resistance decisively. Initial bias remains neutral this week for more consolidations first. Further rise is mildly in favor as long as 1.3357 support holds. Read more…
GBP/JPY’s rise last week indicates that pull back from 188.90 has completed at 185.21 already. Initial bias remains on the upside this week. Decisive break there will confirm larger up trend resumption. Next near term Read more…
EUR/JPY’s rebound last week suggests that corrective pull back from 161.84 has completed at 158.06 already. Initial bias remains on the upside for 161.84 resistance first. Firm break there will rebound whole rise from 153.15 Read more…
EUR/GBP stayed in consolidation above 0.8512 last week and outlook is unchanged. Initial bias remains neutral this week first. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.8591 resistance Read more…
EUR/AUD stayed in consolidation in range of 1.6348/6671 last week and outlook is unchanged. Initial bias stays neutral this week first. On the upside, decisive break of 1.6671 will revive the case that whole correction Read more…