The Raleigh One electric bike. Two good things have come from the 2023 bankruptcy of VanMoof. The first is the all-new VanMoof S6 e-bike that recently launched under new ownership. The second is a new Read more…
GBP/USD’s fall from 1.3725 extended lower to 1.3322 last week and breached 1.3332 support, but then recovered. Initial bias is turned neutral for some consolidations first. But further decline is expected as long as 1.3535 Read more…
USD/CHF’s rebound from 0.7828 short term bottom extended higher last week but lost momentum after hitting 0.8013. Initial bias is turned neutral this week first. On the upside, sustained trading above 55 D EMA (now Read more…
AUD/USD’s fall from 0.6706 short term top continued last week and there is no sign of bottoming yet. Initial bias remains on the downside this week. Sustained trading below 55 D EMA (now at 0.6545) Read more…
USD/CAD’s rise from 1.3538 resumed by breaking through 1.3923 last week. Initial bias stays on the upside this week for 1.4014 cluster resistance. As this rally is still seen as a corrective move, upside should Read more…
GBP/JPY stayed in sideway trading below 201.24 last week and outlook is unchanged. Initial bias stays neutral this week first. With 197.93 support intact, further rally is in favor. Firm break of 201.24 will target Read more…
EUR/JPY’s rally continued last week. While momentum is relatively unconvincing as seen in 4H MACD, there is no sign of topping. Initial bias stays on the upside for 175.41 high. Decisive break there will resume Read more…
EUR/GBP rose further to 0.8750 last week but retreated ahead of 0.8752 resistance. Initial bias turned neutral this week first. Further rally is expected as long as 0.8694 support holds. Firm break of 0.8752 will Read more…
EUR/AUD edged higher to 1.7929 last week but turned sideway since then. Initial bias remains neutral this week first. Pullback from 1.8155 could have completed at 1.7588 already, after defending 61.8% retracement of 1.7245 to Read more…
EUR/CHF’s recovery was limited by 0.9354 resistance last week as sideway trading continued. Initial bias stays neutral this week first. Risk is mildly on the downside as long as 0.9354 resistance holds. Break of 0.9311 Read more…