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AUD/USD’s extended rebound last week suggests that corrective fall from 0.6624 has completed at 0.6418 already. Initial bias stays mildly on the upside this week for retesting 0.6624 high. On the downside, however, firm break Read more…
USD/CAD gyrated lower to 1.3720 last week and then turned sideway. Initial bias remains neutral this week first. On the downside, break of 1.3720 will reaffirm the case that corrective pattern from 1.3538 has completed Read more…
The strong rebound in GBP/JPY last week suggests that correction from 199.96 has completed at 195.01 already. Initial bias stays on the upside for retesting 199.96 first. Firm break there will resume whole rise from Read more…
EUR/JPY stayed in range of 169.69/172.36 last week and outlook is unchanged. Initial bias remains neutral this week first. Corrective pattern from 173.87 could extend lower. But downside should be contained by 38.2% retracement of Read more…
EUR/GBP jumped to 0.8742 last week but reversed ahead of 0.8752 resistance. Consolidations pattern from 0.8752 is still extending and initial bias stays neutral this week first. Downside should be contained by 38.2% retracement of Read more…
EUR/AUD was bounded in tight range below 1.7972 resistance last week and outlook is unchanged. Initial bias stays neutral this week first. ON the upside, firm break of 1.7972 should confirm that corrective pattern from Read more…
EUR/CHF surged to as high as 0.9426 last week but turned sideway just ahead of 0.9428 resistance. Initial bias is turned neutral this week first. Current development argues that corrective pattern from 0.9445 has completed Read more…
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