EUR/AUD’s extended fall last week suggests that rebound from 1.6108 has completed at 1.6617 already. But as a temporary low was formed at 1.6256, initial bias remains neutral this week first. Further decline is expected as long as 1.6419 resistance holds. Below 1.6256 will target 1.6108 low. Firm break there will resume larger down trend. […]
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EUR/USD stayed in consolidations above 1.1323 last week and outlook is unchanged. Initial bias remains neutral this week first. Outlook stays bearish with 11499 support turned resistance intact. On the downside, break of 1.1323 will Read more…
USD/JPY’s up trend resumed last week and there is no sign of topping. Initial bias stays on the upside this week for 138.2% projection of 152.25 to 160.71 from 155.01 at 166.07. On the downside, Read more…