A temporary top is formed at 0.9472 in EUR/CHF’s retreat today. Intraday bias is turned neutral first and some consolidations would be seen. While deeper pullback cannot be ruled out, further rise is expected as long as 0.9304 support holds. Above 0.9472 will extend the larger rally from 0.8979 to 161.8% projection of 0.8979 to […]
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EUR/USD’s extended decline last week suggests that rebound from 1.1323 has completed at 1.1710. However, the pair struggled to sustain below 61.8% retracement of 1.1323 to 1.1710 at 1.1471 and turned sideway. Initial bias is Read more…
USD/JPY’s extended rebound last week confirms short term bottoming at 152.87. Though, with a temporary top formed at 158.04, initial bias is turned neutral this week first. On the upside, above 158.04 will target 61.8% Read more…
GBP/JPY’s extended decline last week indicates that rise from 1.3139 has completed with three waves up to 1.3675. But with a temporary low formed at 1.3334, initial bias is turned neutral for consolidations. Upside should Read more…