USD/JPY staged a strong rebound last week but lost momentum ahead of 153.26 resistance. Initial bias remains neutral this week and some consolidations could be seen. Further rise is expected as long as 55 4H Read more…
GBP/USD stayed in consolidations above 1.3247 last week and outlook is unchanged. Initial bias remains neutral this week first, and further fall is in favor. Break of 1.3247 will target 1.3140 cluster (38.2% retracement of Read more…
USD/CHF’s recovery from 0.7872 extended last week but retreated after hitting 0.7984 minor resistance. Initial bias remains neutral this week first and deeper decline is still in favor. On the downside, below 0.7913 will turn Read more…
AUD/USD extended consolidations above 0.6439 last week and outlook is unchanged. Initial bias remains neutral this week first. Further decline is in favor as long as 55 D EMA (now at 0.6538) holds. Below 0.6439 Read more…
USD/CAD stayed in consolidations last week and outlook is unchanged. Initial bias remains neutral this week, and further rally is expected as long as 1.3930 support holds. Break of 1.4078 will resume the rise from Read more…
GBP/JPY’s rebound last week suggests that pullback from 205.30 has completed at 200.67 already. Initial bias stays mildly on the upside for retesting 205.30 first. Firm break there will resume larger rise to 61.8% projection Read more…
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EUR/JPY’s extended rebound last week suggests that pullback from 177.91 has completed at 174.80 already. Initial bias stays on the upside this week. Firm break of 177.91 will confirm larger up trend resumption, and target Read more…
EUR/GBP’s strong rally last week argues that pullback from 0.8750 might have completed, after drawing support from 55 D EMA (now at 0.8672). Initial focus is now on 0.8750 resistance this week. Firm break there Read more…
EUR/AUD’s pullback was a little deeper than expected last week, but it nonetheless recovered after hitting 1.7798. Initial bias remains neutral first. On the upside, break of 1.7965 minor resistance will bring retest of 1.8160. Read more…