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EUR/USD’s extended decline last week suggests that rebound from 1.1323 has completed at 1.1710. However, the pair struggled to sustain below 61.8% retracement of 1.1323 to 1.1710 at 1.1471 and turned sideway. Initial bias is Read more…
USD/JPY’s extended rebound last week confirms short term bottoming at 152.87. Though, with a temporary top formed at 158.04, initial bias is turned neutral this week first. On the upside, above 158.04 will target 61.8% Read more…
GBP/JPY’s extended decline last week indicates that rise from 1.3139 has completed with three waves up to 1.3675. But with a temporary low formed at 1.3334, initial bias is turned neutral for consolidations. Upside should Read more…