EUR/GBP’s decline continued last week and outlook is unchanged. Initial bias remains on the downside this week for 61.8% retracement of 0.8221 to 0.8863 at 0.8466. As the cross is losing downside momentum as seen in 4H MACD, some support could be seen there to bring rebound. On the upside, above 0.8539 resistance will turn […]
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USD/CAD’s consolidations from 1.4247 continued last week and outlook is unchanged. Initial bias remains neutral this week first. Deeper pullback cannot be ruled out. But downside should be contained above 1.3965 resistance turned support. Above Read more…
GBP/JPY’s up trend resumed last week and surged to 217.99 before retreating. Initial bias remains neutral this week for consolidations. Further rally is expected as long as 214.69 support holds. Above 217.99 will target 220.90 Read more…
EUR/JPY stayed in range of 183.14/186.30 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 186.30 will resume the rebound from 182.10 towards 187.93 high. Read more…