Daily Pivots: (S1) 1.0365; (P) 1.0393 (R1) 1.0435; More… Intraday bias in EUR/USD remains neutral for the moment. But outlook stays bearish as long as 1.0641 resistance holds. Decisive break of 1.0339 will carry larger bearish implication and target 161.8% projection of 1.1494 to 1.0805 from 1.1184 at 1.0069. Nevertheless, break of 1.0641 will indicate […]
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EUR/USD gyrated lower last week but recovered after hitting 1.1265. Initial bias remains neutral this week first. On the downside, below 1.1265 will resume the corrective fall from 1.1572 short term top. But downside should Read more…
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USD/JPY’s rebound from 139.87 short term bottom continued last week but retreated after hitting 145.90. Initial bias remains neutral this week first. Overall near term outlook will stay bearish as long as 38.2% retracement of Read more…