EUR/AUD’s rebound from 1.6108 resumed by breaking through 1.6516 resistance last week. Initial bias remains on the upside this week for 100% projection of 1.6186 to 1.6516 from 1.6306 at 1.6636 next. On the downside, below 1.6429 minor support will turn intraday bias neutral. But further rise will remain mildly in favor as long as […]
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GBP/USD’s break of 1.3158 support suggests that fall from 1.3867 is resuming. But as a temporary low was formed at 1.3139, initial bias is neutral this week for some consolidations first. Upside should be limited Read more…
USD/CHF rose further to 0.8139 last week but retreated since then. Initial bias remains neutral this week for some consolidations. Downside should be contained by 0.8012 resistance turned support to bring another rally. Above 0.8139 Read more…
AUD/USD’s fall from 0.7277 continued last week. There is no clear sign of bottoming yet despite loss of momentum as seen in 4H MACD. Further decline is expected as long as 0.6977 support turned resistance Read more…