USD/CHF’s rebound from 0.9493 extended higher last week. The development argues that consolidation pattern from 1.0063 high has completed with three waves down to 0.9493 already. Initial bias stays on the upside this week for Read more…
AUD/USD stayed in tight range last week and outlook is unchanged. Initial bias remains neutral this week first. Strong support could still be seen from 0.6756/60 cluster support to complete the whole correction from 0.8006, Read more…
USD/CAD edged higher to 1.3082 last week but retreated since then. Initial bias stays neutral this week first. Further rise is mildly in favor with 1.2818 support intact. On the upside, break of 1.3082 and Read more…
GBP/JPY dropped to 160.37 last week but recovered. Initial bias is neutral this week first. On the downside, below 160.37 support will target 155.57 key support level next. On the upside, above 165.26 minor resistance Read more…
Disney’s adult streaming service Hulu has the surprise hit of the summer with ‘The Bear.’ Do networks matter anymore? Television networks, especially the major broadcast and big-tier cables ones, have long had distinctive identities. CBS Read more…
EUR/JPY dropped sharply to as low as 136.85 last week but recovered since then. Initial bias is neutral this week first. On the downside, below 136.86 will target 132.63 support. Decisive break will turn outlook Read more…
EUR/GBP’s steep decline last week argues that rebound from 0.8201 has completed at 0.8720 already, after rejection by 0.8697 medium term fibonacci level. The development maintains medium term bearishness. Initial bias stays on the downside Read more…
EUR/AUD’s steep decline last week suggests that rebound from 1.4318 has completed as a corrective move to 1.5396, after rejection by 1.5354 resistance turned support. Initial bias stays on the downside this week for 1.4759 Read more…
EUR/CHF’s down trend continued last week and hit as low as 0.9864. But a temporary low was formed with subsequent recovery. Initial bias is neutral this week for some consolidations first. Upside of recovery should Read more…
Euro ended as the worst performer last week on increasing worries of a deeper and longer recession. Selloff in the common currency also dragged down Swiss Franc, which ended as the second worst. Sterling was Read more…