USD/CHF’s steep decline last week suggests that corrective rebound from 0.7828 has already completed at 0.8075. But as a temporary low was formed at 0.7872, initial bias is turned neutral this week first. On the Read more…
AUD/USD’s fall from 0.6706 extended lower to 0.6439 last week but turned sideway. Initial bias stays neutral this week first. Further decline is in favor as long as 55 D EMA (now at 0.6545) holds. Read more…
USD/CAD rose further to 1.4078 last week but formed a temporary top there and retreated. Initial bias remains neutral this week for some more consolidations. Further rally is expected as long as 1.3930 support holds. Read more…
GBP/JPY’s pullback from 205.30 extended lower last week but failed to sustained below 201.24 resistance turned support. Initial bias remains neutral this week first and further rally is mildly in favor. On the upside, above 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 While it can be fun to Read more…
EUR/JPY’s pullback from 177.91 extended lower last week but failed to sustain below 175.03 resistance turned support. Initial bias remains neutral this week and further rally is in favor. Above 176.44 minor resistance will turn Read more…
EUR/GBP stayed in sideway trading last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break of 0.8654 will resume the fall from 0.8750. Decisive break there will indicate Read more…
EUR/AUD’s strong rally last week suggests that corrective pattern from 1.8554 has completed with three waves to 1.7569. Nevertheless, since a temporary top was formed at 0.8160 after first rejection by 1.8155 resistance, initial bias Read more…
EUR/CHF’s decline accelerated lower last week and the development indicates that consolidation pattern from 0.9218 has completed at 0.9452 already. Larger down trend should be ready to resume. Initial bias stays on the downside this Read more…
Week in review Another week has passed by and the US government shutdown continues. Despite this the week was still full of volatility as markets grappled with the ongoing US-China stalemate as well as concerns Read more…