AUD/USD retreated after brief recovery to 0.7087 last week, but then stayed in range above 0.6977. Initial bias remains neutral this week first. On the downside, break of 0.6977 will resume the fall from 0.7277 Read more…
USD/CAD’s strong extended rally last week suggests that it’s already revering the down trend from 1.4791. Initial bias remains on the upside this week for 61.8% retracement of 1.4791 to 1.3480 at 1.4290. On the Read more…
GBP/JPY’s extended decline last week suggests that rebound from 210.43 could have completed at 215.59 already. Initial bias stays mildly on the downside this week for 211.23 support first. Firm break there will target 210.43. Read more…
EUR/JPY reversed after edging higher to 186.30 last week, but failed to break through 183.95 support. Initial bias remains neutral this week first. On the downside, firm break of 183.95 will argue that rebound from Read more…
EUR/GBP rebounded last week, but failed to sustain above 0.8680 resistance. Initial bias remains neutral this week first. On the upside, firm break of 0.8680 will bring further rally back to 0.8278 resistance. Decisive break Read more…
EUR/AUD’s extended fall last week argues that rebound from 1.6108 has completed as a three wave corrective move to 1.6518. Initial bias is mildly on the downside this week for 1.6186 support first. Break will Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Precious gems are something that you Read more…
EUR/CHF’s rally resumed last week after dipping to 0.9179. Initial bias stays on the upside this week with focus on 0.9264 resistance. Firm break there will resume the rally from 0.8979 to 100% projection of Read more…
Canadian Highlights The Bank of Canada held the policy rate at 2.25%. Soft growth argues against further tightening, but the risk inflation pressures become more generalized keep cuts off the table, reinforcing a prolonged hold. Read more…
USDCHF has strengthened sharply, rising 1.3% this week and more than 3.3% since the start of the month, supported by a stronger US dollar and weaker Swiss franc The Fed’s hawkish tone boosted the dollar, Read more…