USD/CHF’s rebound from 0.7828 resumed last week, but retreated after hitting 0.8075. Initial bias is turned neutral this week first. Price actions from 0.7828 are currently seen as correcting whole fall from 0.9200. Above 0.8075 Read more…
AUD/USD’s fall from 0.6706 resumed last week by late break of 0.6519 support. Current development suggests rejection by 0.6713 fibonacci resistance. Initial bias is back on the downside this week for 0.6413 cluster support (38.2% Read more…
USD/CAD’s rise from 1.3538 resumed last week and reached as high as 1.4033. However, it couldn’t sustain above 1.4014/7 key cluster resistance and retreated. Initial bias remains neutral this week first. On the upside, sustained Read more…
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GBP/JPY’s rally resumed last week and surged to as high as 205.30, but retreated sharply since then. With 201.24 resistance turned support intact, initial bias remains neutral this week and further rally is still in Read more…
EUR/JPY’s up trend resumed last week and surged to as high as 177.91, but retreated sharply since then. Though, downside is contained above 175.03 resistance turned support. Initial bias stays neutral this week and another Read more…
EUR/GBP rebounded notably after gyrating to 0.8654 last week. Current development suggests that pullback from 0.8750 has possibly completed, and near term bullishness is retained. Initial bias is back on the upside for 0.8750 first. Read more…
EUR/AUD dipped to 1.7569 last week but the last reversal pushed it through 1.7929 resistance. The development suggests that fall from 1.8155 has completed already. Initial bias is now on the upside this week for Read more…
EUR/CHF’s fall from 0.9452 resumed last week and continued to the end despite interim recovery. Initial bias is on the downside this week for 0.9265 support first. Firm break there should confirm that whole corrective Read more…
Week in review – Equities flashing red, peace in the Middle East and key milestones in Metals It has been a tense week for global markets as the US government shutdown enters its second week. Read more…