Sideway trading continues in EUR/GBP and outlook is unchanged. Initial bias stays neutral this week. On the downside, decisive break of 0.8610 support will revive the case of bearish trend reversal. On the upside, break of 0.8728 resistance will bring stronger rally back towards 0.8740 resistance. In the bigger picture, focus is staying on 38.2% […]
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EUR/USD’s fall from 1.1848 resumed by breaking through 1.1575 last week. Initial bias is back on the downside this week for retesting 1.1408 first. For now, risk will stay on the downside as long as Read more…
USD/JPY’s rise from 155.01 extended higher last week and there is not sign of topping yet. Initial bias remains on the upside for 160.71. Strong resistance is still expected from there to limit upside. Break Read more…