GBP/JPY fell further to 207.06 last week but recovered since then. Initial bias stays neutral this week for consolidations first. Further fall is expected as long as 209.73 minor resistance holds. Below 207.06 will extend the decline from 219.56 to 206.10 fibonacci level. Nevertheless, firm break of 209.73 will suggest short term bottoming. Stronger rebound […]
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EUR/JPY fell further to 177.82 last week but turned sideway since then. Initial bias remains neutral this week first. Further decline is expected as long as 179.88 minor resistance holds. Below 177.82 will extend the Read more…
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EUR/GBP gyrated in range below 0.8607 last week and outlook is unchanged. Initial bias stays neutral this week first. Strong resistance is still expected from 0.8610 to complete the corrective bounce from 0.8453. On the Read more…