GBP/USD’s fall from 1.3433 resumed by breaking through 1.2486 support last week. Initial bias stays on the downside this week for 1.2256/98 cluster support zone. Strong support is expected there to contain downside to bring Read more…
USD/CHF’s rally from 0.8374 continued last week, but retreated after forming a temporary top at 0.9136. Initial bias is turned neutral this week for some consolidations first. Further rise is expected as long as 0.8956 Read more…
AUD/USD edged lower last week but lost momentum just ahead of 0.6169 key support. Further decline remains in favor as long as 0.6273 resistance holds. Decisive break of 0.6169 will target 138.2% projection of 0.6941 Read more…
USD/CAD stayed in consolidation below 1.4466 last week. Initial bias stays neutral this week first. Outlook will stay bullish as long as 1.4304 support holds. Break of 1.4466 will resume larger up trend to 1.4667/89 Read more…
GBP/JPY retreated sharply after edging higher to 198.94 last week but stays above 194.04 support. Initial bias stays neutral this week first and outlook is unchanged. Corrective pattern from 180.00 is still extending. On the Read more…
EUR/JPY edged higher to 164.89 last week but retreated sharply from there. But overall outlook is unchanged that corrective pattern from 154.40 is still extending. Initial bias remains neutral this week first. Above 163.30 minor Read more…
EUR/GBP stayed in sideway trading in range of 0.8221/8326 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 0.8326 resistance will confirm short term bottoming Read more…
EUR/AUD’s deep retreat last week confirmed short term topping at 1.6800. Yet, it recovered just ahead of 38.2% retracement of 1.5963 to 1.6800 at 1.6480. Initial bias is turned neutral this week first. Risk is Read more…
EUR/CHF reversed after edging higher to 0.9440 last week but stayed in near term rising channel. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the Read more…
The Sarge wants to know if you’re ready to rock. Stephen Guilfoyle — also known as the Sarge — is gearing up for the annual Consumer Electronics Show (CES), the high-tech hootenanny slated to hit Read more…