AUD/USD stayed in consolidations above 0.6864 last week and outlook is unchanged. Initial bias remains neutral this week first. Further fall is expected as long as 0.6977 support turned resistance holds. Below 0.6864 will target Read more…
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USD/CAD’s consolidations from 1.4247 continued last week and outlook is unchanged. Initial bias remains neutral this week first. Deeper pullback cannot be ruled out. But downside should be contained above 1.3965 resistance turned support. Above Read more…
GBP/JPY’s up trend resumed last week and surged to 217.99 before retreating. Initial bias remains neutral this week for consolidations. Further rally is expected as long as 214.69 support holds. Above 217.99 will target 220.90 Read more…
EUR/JPY stayed in range of 183.14/186.30 last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 186.30 will resume the rebound from 182.10 towards 187.93 high. Read more…
EUR/GBP’s decline continued last week and outlook is unchanged. Initial bias remains on the downside this week for 61.8% retracement of 0.8221 to 0.8863 at 0.8466. As the cross is losing downside momentum as seen Read more…
EUR/AUD’s pullback from 1.6617 extended lower last week but stayed well above 1.6306 support. Initial bias remains neutral this week first. On the upside, above 1.6506 minor resistance will bring retest of 1.6617. Firm break Read more…
EUR/CHF’s recovery was capped by 0.9234 resistance last week. Initial bias remains neutral this week first. Still, with 0.9176 support intact, further rally is expected. On the upside, break of 0.9234 will bring retest of Read more…
Our summary of recent economic events and what to expect in the weeks ahead. Canadian Highlights The July 1st CUSMA extension deadline came and went, but this outcome was well telegraphed and the status quo, Read more…
Next week’s headline CPI reading is expected to cool, largely reflecting a decline in energy prices. Retail sales are also expected to soften, driven in part by lower gasoline prices. While consumer spending has remained Read more…