EUR/USD stayed in consolidation above 1.0470 last week and outlook is unchanged. Initial bias remains neutral this week first. In case of another recovery, upside should be limited by 1.0756 support turned resistance to bring Read more…
USD/JPY stayed in consolidation from 131.24 last week and outlook is unchanged. Initial bias stays neutral this week first and outlook remains bullish with 126.91 support intact. On the upside, break of 131.24 will resume Read more…
GBP/USD’s down trend resumed last week and hit as low as 1.2274. Initial bias stays on the downside and firm break of 161.8% projection of 1.3641 to 1.2999 from 1.3297 at 1.2258 will target 200% Read more…
USD/CHF’s up trend resumed last week and hit as high as 0.9891. Initial bias stays on the upside this week for next near term target at 261.8% projection of 0.9149 to 0.9459 from 0.9193 at Read more…
As travel opens up again, these cities are bouncing back, attracting international investment and tourists and developing sustainable strategies. The expansion of travel since the pandemic is critical for the recovery of many cities around Read more…
AUD/USD edged lower to 0.7029 last week, rebounded from there to 0.7265, then reversed lower. Initial bias remains neutral this week first. Outlook is unchanged that fall from 0.7660 is the third leg of the Read more…
USD/CAD edged higher to 1.2913 last week but retreated sharply since then. Nevertheless, further rally is still in favor and break of 1.2913 will target 1.3022 fibonacci level next. Decisive break there will carry larger Read more…
GBP/JPY extended the corrective pattern from 168.40 last week and outlook is unchanged. Initial bias remains neutral this week first. Break of 159.59 will extend the correction from 168.40 lower. But downside should be contained Read more…
EUR/JPY stayed in consolidation from 139.99 last week and outlook is unchanged. Initial bias stays neutral this week first. In case of another decline, downside should be contained by 38.2% retracement of 124.37 to 139.99 Read more…
EUR/GBP’s rebound from 09201 resumed by breaking through 0.8511 resistance last week. The development affirms the case that 0.8201 is a medium term bottom. Initial bias stays on the upside this week. Further rally would Read more…