EUR/USD stayed in range trading last week and outlook is unchanged. Further decline is still in favor with 1.1120 support turned resistance intact. On the downside, break of 1.0899 minor support will target 61.8% projection Read more…
USD/JPY’s up trend accelerated further to as high as 122.43 last week, and met 100% projection of 109.11 to 116.34 from 114.40 at 121.63 already. Further rise is expected as long as 120.58 support holds. Read more…
GBP/USD recovered further to 1.3297 last week but retreated since then. Initial bias remains neutral this week first. On the upside, above 1.3297 will resume the rebound from 1.2999 to 55 day EMA (now at Read more…
USD/CHF gyrated lower to 0.9259 last week but recovered. Initial bias is turned neutral this week first. On the upside, break of 0.9374 minor resistance will suggest that the pull back from 0.9459 has completed. Read more…
The fast-food chain wants to be more than the “Home of the Whopper.” Fast-food chains try a lot of things. Most of them fail. Some of them come and go without getting that much attention, Read more…
AUD/USD’s break of 0.7440 resistance last week confirmed resumption of rise from 0.6966. Initial bias remains on the upside this week for 0.7555 resistance. Decisive break there should confirm that whole corrective decline from 0.8006 Read more…
USD/CAD’s strong break of 1.2586 support last week confirmed completion of rebound from 1.2448. Initial bias remains on the downside this week. Firm break of 1.2448 will argue that whole corrective pattern from 1.2005 has Read more…
GBP/JPY’s strong break of 158.19 resistance last week confirmed resumption of larger up trend. Initial bias stays on the upside this week. Next target is 61.8% projection of 136.96 to 158.19 from 150.95 at 164.07. Read more…
EUR/GBP dropped sharply to 0.8294 last week but recovered since then. Initial bias is neutral this week first. On the downside, below 0.8294 will resume the fall from 0.8456 to retest 0.8201 low. Firm break Read more…
EUR/AUD’s decline from 1.5327 continued last week and hit as low as 1.4591. In spite of diminishing downside momentum, initial bias stays on the downside this week for 1.4561 support. Decisive break there will resume Read more…