EUR/AUD stayed in range above 1.6078 last week and outlook is unchanged. Initial bias remains neutral this week first. While another rebound cannot be ruled out, outlook will stay bearish as long as 1.6258 support turned resistance holds. On the downside, decisive break of 1.6078/6108 will resume the whole down trend from 1.8554 high. Next […]
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GBP/JPY’s strong rebound last week confirms short term bottoming at 207.06. However, it stalled at 211.25 and retreated. Initial bias is turned neutral this week first. Still, risk will stay on the upside as long Read more…
EUR/JPY’s strong rebound last week confirmed short term bottoming at 177.82. However, subsequent rebound stalled at 181.53 and retreated. Initial bias stays neutral this week first. Risk of another rise remains as long as 177.82 Read more…