USD/CHF rebounded further to 0.7877 last week but failed to sustain above 55 D EMA (now at 0.7817) and retreated. Initial bias remains neutral this week first. On the downside, break of 0.7671 support will Read more…
Despite the intra-week dip, AUD/USD is still holding in range of 0.6896/7146. Initial bias remains neutral this week first. While more consolidations would be seen, outlook stays bullish with 0.6896 support intact. On the upside, Read more…
USD/CAD’s late decline last week suggests that consolidation pattern from 1.3480 has completed with three waves up to 1.3751, after hitting 55 D EMA (now at 1.3714). Initial bias is back on the downside this Read more…
GBP/JPY gyrated in tight range below 212.10 temporary top last week. Initial bias remains neutral this week first. Overall, price actions from 214.98 are seen as a corrective pattern that could extend further. On the Read more…
EUR/JPY dipped notably last week but stayed in range of 180.78/184.75. Initial bias remains neutral this week first. On the downside, firm break of 180.78 support will indicate that fall from 186.86 is already correcting Read more…
EUR/GBP’s extended decline last week suggests that rebound from 0.8611 has already completed at 0.8788. Initial bias stays on the downside this week for retesting 0.8611 first. Firm break there will resume the whole fall 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 Spring is a season of renewal Read more…
EUR/AUD edged lower to 1.6421 last week but recovered. Initial bias remains neutral this week first. On the downside, sustained break of 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351 will extend larger Read more…
The brief initial recovery in EUR/CHF didn’t last long as down trend resumed towards the end of the week by breaking through 0.9026 temporary low. Initial bias is back on the downside this week for Read more…
Week in review Escalating Middle East conflict and disruptions in the Strait of Hormuz have pushed Brent crude to $90 a barrel, raising fears of oil hitting $150. A surprising contraction in the US labor Read more…