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EUR/USD’s fall from 1.1710 extended through 1.1323/53 key support zone last week and there is no sign of bottoming yet. Initial bias stays on the downside this week for 100% projection of 1.1848 to 1.1323 Read more…
USD/JPY engaged in sideway trading below 159.02 last week. Initial bias remains neutral this week first. On the upside, above 159.02 will resume the rebound from 152.87 to 160.38 key structural resistance next. Nevertheless, break Read more…
GBP/USD edged lower to 1.3179 last week but recovered since then. Initial bias is turned neutral again this week. Below 1.3179 will extend the decline from 1.3675 to 1.3139 support next. However, considering bullish divergence Read more…
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USD/CHF rose to 0.8382 last week, but formed a short term top there on bearish divergence condition in 4H MACD, and pulled back. Initial bias stays neutral this week for consolidations first. Further rise is Read more…
AUD/USD’s fall from 0.7237 extended to 0.6903 last week but recovered since then. Initial bias is turned neutral this week for some consolidations first. Further decline is expected as long as 0.7038 resistance holds. Below Read more…
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USD/CAD’s rise from 1.3730 continued last week and breached 1.4247 high. Initial bias remains on the upside this week. Sustained trading above 1.4247 will target 100% projection of 1.3480 to 1.4247 from 1.3730 at 1.4497. Read more…
GBP/JPY edged lower to 206.85 last week but quickly recovered. Initial bias remains neutral this week first. While another fall cannot be ruled out, strong support should be seen from 206.10 fibonacci level to bring Read more…