USD/CHF stayed in consolidations below 0.8382 short term top last week and outlook is unchanged. Initial bias remains neutral and more sideway trading could be seen. Further rise is expected as long as 0.8182 support holds. Above 0.8382 will resume the whole rise from 0.7603. However, firm break of 0.8182 will indicate that larger scale […]
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EUR/USD edged lower to 1.1159 last week and breached 100% projection of 1.1848 to 1.1323 from 1.1710 at 1.1185, then turned sideway. Initial bias remains neutral this week and further decline is expected. Below 1.1159 Read more…
USD/JPY continued to stay in sideway trading last week. Initial bias remains neutral this week and further rise is mildly in favor as long as 156.36 support holds. Above 159.02 will extend the rebound from Read more…
GBP/USD stayed in range trading above 1.3179 last week. Initial bias remains neutral this week and further decline is in favor as long as 1.3310 resistance holds. Below 1.3179 will extend the fall from 1.3675 Read more…