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GBP/USD’s break of 1.3158 support suggests that fall from 1.3867 is resuming. But as a temporary low was formed at 1.3139, initial bias is neutral this week for some consolidations first. Upside should be limited Read more…
USD/CHF rose further to 0.8139 last week but retreated since then. Initial bias remains neutral this week for some consolidations. Downside should be contained by 0.8012 resistance turned support to bring another rally. Above 0.8139 Read more…
AUD/USD’s fall from 0.7277 continued last week. There is no clear sign of bottoming yet despite loss of momentum as seen in 4H MACD. Further decline is expected as long as 0.6977 support turned resistance Read more…