GBP/USD’s late decline last week suggests rejection by 55 D EMA (now at 1.3453), which is a bearish signal. But downside is contained above 1.3300 support. Initial bias stays neutral this week first. Break of Read more…
USD/CHF’s rebound from 0.7760 resumed last week and accelerated through 0.7906 resistance. The development suggests that fall from 0.8041 has completed as a correction to 0.7760. Initial bias stays on the upside this week for Read more…
AUD/USD’s fall from 0.7277 resumed by breaking through 0.7076 last week. Initial bias is now on the downside this week for 100% projection of 0.7277 to 0.7076 from 0.7200 at 0.6999. Firm break there will Read more…
USD/CAD’s rally from 1.3549 accelerated higher last week and there is no sign of topping yet. Initial bias stays on the upside this week for 38.2% retracement of 1.4791 to 1.3480 at 1.3981. Decisive break Read more…
GBP/JPY edged higher to 215.59 last week but retreated sharply since then. Initial bias remains neutral this week first. Rebound from 210.43 is seen as the second leg of the corrective pattern from 216.58, and Read more…
EUR/JPY edged higher to 186.18 but retreated sharply since then. Downside is still supported above 184.42 and initial bias remains neutral this week first. Rebound from 182.01 is seen as the second leg of the 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 One of the most difficult things Read more…
Sideway trading continues in EUR/GBP and outlook is unchanged. Initial bias stays neutral this week. On the downside, decisive break of 0.8610 support will revive the case of bearish trend reversal. On the upside, break Read more…
EUR/AUD stayed in range below 1.6381 last week. Initial bias remains neutral this week first. On the upside, break of 1.6381 will resume the rebound from 1.6108 short term bottom to 100% projection of 1.6108 Read more…
EUR/CHF’s extended rebound last week suggests that corrective fall from 0.9264 has completed at 0.9094. But as a temporary top was formed at 0.9191 and initial bias is turned neutral first. Risk will stay on Read more…