USD/CHF’s fall from 0.8394 extended to 0.8190 last week but recovered. Initial bias is turned neutral this week first. Below 0.8190 will target 38.2% retracement of 0.7603 to 0.8394 at 0.8092. On the upside, above Read more…
AUD/USD’s strong rebound last week indicates short term bottoming at 0.6893. With late breach of 0.7035 temporary top, initial bias is back on the upside. Sustained break of 38.2% retracement of 0.7237 to 0.6893 at Read more…
USD/CAD’s fall from 1.4298 continued last week and met 38.2% retracement of 1.3730 to 1.4298 at 1.4081 already. Initial bias stays on the downside this week, sustained break there will target 61.8% retracement at 1.3792 Read more…
GBP/JPY rose to 211.96 last week but retreated since then. Initial bias remains neutral this week first. On the downside, break of 208.34 support will extend the larger decline through 206.85 to 206.10 key fibonacci Read more…
EUR/JPY resumed by breaking through 176.19 last week. Initial bias stays on the downside this week with focus on 175.26/41 support zone. Strong rebound from there, followed by firm break of 177.95 resistance will indicate Read more…
EUR/GBP’s decline continued last week and outlook is unchanged. Initial bias remains on the downside this week for 100% projection of 0.8728 to 0.8453 from 0.8611 at 0.8336. Firm break there will target 138.2% projection Read more…
EUR/AUD’s down trend resumed by breaking through 1.5951 last week. Initial bias stays on the downside this week for 100% projection of 1.6334 to 1.5951 from 1.6264 at 1.5881. Firm break there will target 161.8% Read more…
EUR/CHF fall from 0.9485 continued last week and hit 0.9193 before recovering. Initial bias is turned neutral this week for some consolidations first. Further decline is expected as long a s0.9285 resistance holds. Below 0.9193 Read more…
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