AUD/USD edged higher to 0.7221 but retreated since then. Initial bias remains neutral this week for more consolidations first. On the upside, firm break of 0.7221 will extend larger up trend to 61.8% projection of Read more…
USD/CAD fell to as low as 1.3629 last week but recovered since then. Initial bias remains neutral this week first. On the downside, sustained trading below 61.8% retracement of 1.3480 to 1.3965 at 1.3665 will Read more…
GBP/JPY stayed in consolidations below 215.89 last week and outlook is unchanged. Initial bias stays neutral this week first. In case of another fall, downside should be contained by 213.29 resistance turned support to bring Read more…
EUR/JPY stayed in sideway trading last week and the development suggests that it’s merely in a near term consolidations. Initial bias remains neutral this week first. In case of another fall, downside should be contained Read more…
EUR/GBP’s extended decline last week suggests that rebound from 0.8610 has completed at 0.8740 already. But as a temporary low was formed at 0.8652, initial bias stays neutral this week first. On the downside, below Read more…
EUR/AUD’s fall from 1.6842 extended lower to 1.6340 last week. But a temporary low should be in place on loss of momentum. Initial bias is turned neutral this week first. Further decline is expected as Read more…
EUR/CHF edged lower to 0.9159 last week but recovered just ahead of 0.9155 support. Outlook is unchanged and initial bias remains neutral this week for more consolidations below 0.9264. Further rally is expected with 0.9155 Read more…
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The S&P 500 and Nasdaq climbed to new intraday records, propelled by diplomatic hopes for de-escalation in the Middle East & tech performance. The week ahead features meetings from the Fed, ECB, and Bank of Read more…
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