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USD/CHF edged higher to 0.9200 last week but lost momentum ahead of 0.9223 key resistance and retreated. Initial bias remains neutral this week for more consolidations. As long as 0.9007 support holds, near term outlook Read more…
AUD/USD recovered after edging lower to 0.6130 last week. Initial bias stays neutral this week for consolidations. Outlook will remain bearish as long as 0.6301 resistance holds. Break of 0.6130 will resume the fall from Read more…
Global markets are buzzing in anticipation of Donald Trump’s inauguration on January 20, yet the latest developments suggest investors may already be looking past the immediate impact. Despite speculation surrounding Trump’s policies—particularly tariffs—various benchmarks and Read more…
USD/CAD’s late break of 1.4466 resistance confirms larger up trend resumption. Initial bias is back on the upside this week for 1.4667/89 long term resistance zone. For now, outlook will stay bullish as long as Read more…
GBP/JPY’s fall from 198.94 continued last week despite some loss of downside momentum. Further fall is expected to 188.07 support this week. Firm break there will argue that corrective pattern from 180.00 has finished too, Read more…
EUR/JPY’s extended decline last week suggests that rebound from 156.16 has already completed at 164.89. But downside momentum remained unconvincing. Also, with a temporary low formed at 159.74, initial bias is neutral this week first. Read more…
EUR/GBP’s rally from 0.8221 continued last week but failed to sustain above 0.8446 resistance and turned sideway. Initial bias remains neutral this week first. On the upside, decisive break of 0.8446 will target 0.8624 key Read more…
EUR/AUD’s consolidation from 1.6800 extended last week and outlook is unchanged. Initial bias stays neutral this week first. For now, strong support is still expected from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to Read more…
EUR/CHF stayed in consolidation below 0.9444 last week and outlook is unchanged. Initial bias remains neutral this week first. Rebound from 0.9204 is seen as a corrective move and could extend above 0.9440 But upside Read more…