GBP/USD’s extended fall and break of 1.3271 support last week indicates that rebound from 1.3135 has completed at 1.3502 already Initial bias stays on the downside this week for 1.3135 first. Firm break there will target 1.3008 key support. On the upside, above 1.3282 minor resistance will turn intraday bias neutral. In the bigger picture, […]
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EUR/USD’s down trend resumed by braking through 1.1103 last week. Initial bias stays on the downside this week for 1.0904 fibonacci level. On the upside, above 1.1072 minor resistance will turn bias neutral and bring Read more…
USD/JPY’s rise from from 152.87 resumed by breaking through 159.02 last week, but lost momentum ahead of 160.38 key structural resistance. Initial bias is turned neutral this week first. On the upside, firm break of Read more…
USD/CHF’s extended rebound last week confirms that correction from 0.8394 has completed at 0.8125 already. Initial bias remains on the upside this week. Decisive break of 0.8394 will resume whole rally from 0.7603 and target Read more…