GBP/USD edged higher to 1.2859 last week, but subsequent decline argues that rise from 1.2298 has completed already, on bearish divergence condition in 4H MACD. Initial bias remains on the downside this week for 1.2633 Read more…
Like many top investors, Cathie Wood, head of Ark Investment Management, likes to take profit on her positions after major runups. If you’re an experienced investor, you’ve likely heard of her. She may be the Read more…
USD/CHF was supported by 0.8883 fibonacci level and recovered. But upside was capped by 0.8987 support turned resistance. Initial bias stays neutral this week first. On the downside, sustained break of 0.8883 fibonacci level will Read more…
AUD/USD stayed in range of 0.6575/6713 last week and outlook is unchanged. Initial bias remains neutral this week first. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at Read more…
USD/CAD edged higher to 1.3790 last week but retreated since then. Intraday bias remains neutral this week first. Corrective fall from 1.3845 should have completed already. Further rally is expected as long as 1.3662 support Read more…
In the game “Sea of Thieves” the player assumes the role of a pirate who completes voyages for different trading companies. Released in 2018 and published by Microsoft Studios, the game “offers the essential pirate Read more…
GBP/JPY’s up trend resumed last week and edged higher to 201.59, but retreated notably since then. Initial bias is turned neutral this week first. Further rally is expected as long as 197.18 support holds. However, Read more…
EUR/JPY engaged in sideway trading most of last week but late break of 168.01 support is inline with the case that rise from 164.01 has completed already. Initial bias is back on the downside this Read more…
EUR/GBP fell sharply to 0.8396 last week but recovered since then. Initial bias is neutral this week for consolidations first. But outlook will remain bearish as long as 0.8482 support turned resistance holds. Below 0.8396 Read more…
EUR/AUD’s down trend resumed by breaking through 1.6211 support last week. While downside momentum is a bit unconvincing, there is no sign of bottoming yet. Initial bias is on the downside this week for 61.8% Read more…