EUR/JPY stayed in sideway trading last week and the development suggests that it’s merely in a near term consolidations. Initial bias remains neutral this week first. In case of another fall, downside should be contained by 38.2% retracement of 182.56 to 187.93 at 185.87 to bring rebound. On the upside, firm break of 187.93 will […]
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Crash predictions have become a near-constant presence in housing market coverage. Between rising foreclosure filings and climbing delinquencies on certain loan types, the headlines have given many homeowners the sense that a serious downturn is Read more…
EUR/USD’s extended decline suggests that corrective rebound from 1.1408 has completed at 1.1848. But as a temporary low was formed at 1.1575, initial bias remains neutral this week first. On the downside, below 1.1575 will Read more…
USD/JPY’s rebound from 155.01 continued last week but lost momentum after hitting 159.33. Initial bias remains neutral this week first. Above 159.24 will target 160.71 high. Strong resistance is expected from there to start the Read more…