USD/JPY edged lower to 146.29 last week but quickly recovered. Initial bias remains neutral this week first. Further fall is in favor as long as 149.12 resistance holds. Firm break of 146.29 will solidify the Read more…
GBP/USD failed to break through 1.3594 resistance last week and turned sideway. Initial bias remains neutral this week first. Further rally is expected as long as 1.3332 support holds. Firm break of 1.3594 will resume Read more…
USD/CHF edged lower to 0.7914 last week but recovered since then. Initial bias remains neutral this week for some more consolidations. But further fall is expected as long as 0.8071 resistance holds. Below 0.7914 will Read more…
AUD/USD’s rise from 0.5913 resumed through 0.6624 resistance last week. There is no sign of topping yet, and initial bias stays on the upside. Next target is 0.6713 fibonacci level. Firm break there will carry Read more…
USD/CAD recovered to 1.3889 last week but lost momentum since then. Initial bias remains neutral this week first. On the downside, firm break of 1.3725 support will indicate that corrective rebound from 1.3538 has already Read more…
GBP/JPY’s late breach of 200.26/32 resistance suggests that rise from 184.35 is resuming. Initial bias is mildly on the upside this week. Sustained trading above 200.32 will target 100% projection of 180.00 to 199.79 from Read more…
EUR/JPY edged higher to 173.88 last week, but was rejected by 173.87 resistance and retreated. Initial bias stays neutral this week first. On the upside, firm break of 173.87/8 will resume the rally from 154.77 Read more…
EUR/GBP gyrated lower last week as fall from 0.8711 extended, but turned sideway after breaching 0.8636 support briefly. Initial bias stays neutral this week first. On the upside, break of 0.8683 minor resistance will extend Read more…
EUR/AUD’s fall from 1.8155 extended lower last week but recovered after hitting 61.8% retracement of 1.7245 to 1.8155 at 1.7593. Initial bias is turned neutral this week for some consolidations first. While stronger recovery cannot Read more…
EUR/CHF edged lower to 0.9313 last week but quickly recovered. Initial bias stays neutral this week first. Risk will stay on the downside as long as 0.9394 resistance holds. Break of 0.9313 will resume the Read more…