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Global markets ended the week with an uneasy calm, masking what appears to be growing stress beneath the surface. Wall Street showed resilience — the major indexes finished higher after mid-week volatility sparked by renewed Read more…
EUR/USD’s rebound from 1.1540 extended higher last week but upside is capped well below 1.1778 resistance. Initial bias remains neutral this week and further fall is expected. Break of 1.1540 will resume the decline from Read more…
USD/JPY’s extended pullback last weeks indicates short term topping at 153.26. Initial bias remains mildly on the downside for 55 D EMA (now at 148.64). Firm break there will target 145.47 support. On the upside, Read more…
GBP/USD rebounded after edging lower to 1.3247 last week. But upside is limited well below 1.3526 resistance so far. Initial bias remains neutral this week first. On the downside, break of 1.3247 will target 1.3140 Read more…
USD/CHF’s steep decline last week suggests that corrective rebound from 0.7828 has already completed at 0.8075. But as a temporary low was formed at 0.7872, initial bias is turned neutral this week first. On the Read more…
AUD/USD’s fall from 0.6706 extended lower to 0.6439 last week but turned sideway. Initial bias stays neutral this week first. Further decline is in favor as long as 55 D EMA (now at 0.6545) holds. Read more…
USD/CAD rose further to 1.4078 last week but formed a temporary top there and retreated. Initial bias remains neutral this week for some more consolidations. Further rally is expected as long as 1.3930 support holds. Read more…
GBP/JPY’s pullback from 205.30 extended lower last week but failed to sustained below 201.24 resistance turned support. Initial bias remains neutral this week first and further rally is mildly in favor. On the upside, above Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal While it can be fun to Read more…