Category: Cryptocurrencies

USD/JPY edged higher to 131.34 last week but reversed from there and dropped to 127.51. But as a temporary low is formed, initial bias is neutral this week first. Price actions from 131.34 are seen Read more…

GBP/USD fell further to 1.2154 last week but formed a temporary low and recovered. Initial bias is neutral this week first. Outlook will stay bearish as long as 1.2637 resistance holds. Break of 1.2154 will Read more…

USD/CHF’s up trend continued last week and there is no clear sign of topping. Initial bias stays on the upside this week. Next target is 1.0306 medium term fibonacci projection level. On the downside, considering Read more…

AUD/USD’s decline from 0.8006 resumed last week and dropped to as low as 0.6828. But as a temporary low was formed, initial bias is neutral this week first. Outlook will remain bearish as long as Read more…

USD/CAD rose further to 1.3075 last week but retreated notably since then. Initial bias is mildly on the downside this week for 1.2712 support. Firm break there will indicate rejection by 1.3022 key fibonacci resistance, Read more…

GBP/JPY’s correction from 168.40 extended lower last week, but a temporary low should be in place at 155.57. Initial bias is neutral this week first. Risk will stay on the downside as long as 162.16 Read more…

EUR/JPY’s correction from 139.99 extended lower last week, but a temporary low should be in place at 132.63. Initial bias is neutral this week first. Risk stays on the downside as long as 138.33 resistance Read more…