GBP/USD edged higher to 1.3615 last week but quickly lost momentum again. Initial bias stays neutral first. Further rise will remain in favor as long as 1.3414 support holds. Above 1.3615 will target 100% projection Read more…
USD/CHF edged lower to 0.8156 last week but quickly recovered. Initial bias remains neutral this week first. Price actions from 0.8038 are seen as a corrective pattern to decline form 0.9200. While fall from 0.8475 Read more…
AUD/USD stays in sideway consolidations from 0.6536 last week and outlook is unchanged. Initial bias remains neutral this week first. Further rise is in favor as long as 0.6406 support holds. On the upside, decisive Read more…
USD/CAD’s decline from 1.4791 resumed last week but lost momentum again ahead of 61.8% projection of 1.4414 to 1.3749 from 1.4014 at 1.3603. Initial bias is turned neutral this week first. Considering bullish convergence condition Read more…
GBP/JPY stayed in sideway trading below 196.38 last week. Initial bias stays neutral this week first. Further rise is in favor as long as 191.86 support holds. Firm break of 196.38 will resume whole rally Read more…
EUR/JPY’s rebound from 161.06 continued last week and breached 165.19 resistance. Initial bias stays on the upside this week. Further rally would be seen to 166.67 resistance, and possibly further to 61.8% retracement of 175.41 Read more…
EUR/GBP stayed in consolidations above 0.8354 short term bottom last week. Initial bias stays neutral this week first. On the upside, above 0.8448 will bring stronger rebound to 38.2% retracement of 0.8737 to 0.8354 at Read more…
EUR/AUD edged higher to 1.7705 last week but failed to break through 38.2% retracement of 1.8554 to 1.7245 at 1.7745 and retreated. Initial bias remains neutral this week first. On the upside, decisive break of Read more…
EUR/CHF rebounded last week mildly last week, but failed well ahead of 0.9419 resistance and retreated. Initial bias remains neutral this week first. Price actions from 0.9445 are seen as a triangle consolidation pattern, and Read more…
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