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USD/JPY’s steep pullback last week confirms short term topping at 162.83. Initial bias stays mildly on downside this week for 38.2% retracement of 155.01 to 162.83 at 159.84. Since this level is close to 55 Read more…
GBP/USD’s strong rally last week confirms short term bottoming at 1.3139. Initial bias stays on the upside this week for 1.3459 resistance. Firm break there will argue that whole correction from 1.3867 has completed, and Read more…
USD/CHF’s pull back from 0.8139 extended lower last week but 0.8012 resistance turned support remains intact. Initial bias remains neutral and another rise is still mildly in favor. Above 0.8139 will extend the rally from Read more…