AUD/USD’s fall from 0.7237 resumed last week and there is no sign of bottoming yet. Initial bias stays on the downside this week. Decisive break of 61.8% projection of 0.7237 to 0.6893 from 0.7067 at at 0.6854 will pave the way to 100% projection at 0.6723. On the upside, above 0.6952 minor resistance will turn […]
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USD/JPY remained bounded in range trading last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, above 159.02 will target 160.38. On the downside, firm break of firm break Read more…
GBP/USD rose to 1.3502 last week but retreated since then. Initial bias remains neutral this week first. Further rise will remain in favor as long as 1.3271 support holds. On the upside, above 1.3502 will Read more…
USD/CHF dipped0.8125 last week but recovered since then. Initial bias remains neutral this week first. On the downside, below 0.8125 will target 38.2% retracement of 0.7603 to 0.8394 at 0.8092. On the upside, break of Read more…