EUR/AUD’s extended rebound and breach of 1.6264 suggests medium term bottoming at 1.5774. Initial bias stays on the upside this week for 1.6334 resistance. Break there will solidify this bullish case, and target 1.6842 cluster resistance next. For now, risk will be mildly on the upside as long as 1.5987 support holds in case of […]
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The Blue Tsunami has redrawn Washington’s political map, and the Federal Reserve could be one of its biggest institutional beneficiaries. Households, businesses, and investors will be carefully watching to see if the affordability concerns from Read more…
GBP/JPY rose further to 213.75 last week but retreated since then. Initial bias remains neutral this week first with risk on the upside. On the upside, break of 213.75 will resume the rebound from 206.85, Read more…
EUR/JPY rebounded to 178.46 last week but retreated since then. Initial bias remains neutral this week first, and risk is mildly on the upside. Above 178.46 will resume the rise from 175.04 to 181.53 resistance Read more…