EUR/CHF edged higher today but upside is still capped below 0.9478 resistance. Intraday bias remains neutral. In case of another fall, downside should be contained by 38.2% retracement of 0.9094 to 0.9478 at 0.9331 to bring rebound. On the upside, firm break of 0.9478 will resume whole rally from 0.8979. In the bigger picture, rise […]
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EUR/USD edged lower to 1.1159 last week and breached 100% projection of 1.1848 to 1.1323 from 1.1710 at 1.1185, then turned sideway. Initial bias remains neutral this week and further decline is expected. Below 1.1159 Read more…
USD/JPY continued to stay in sideway trading last week. Initial bias remains neutral this week and further rise is mildly in favor as long as 156.36 support holds. Above 159.02 will extend the rebound from Read more…
GBP/USD stayed in range trading above 1.3179 last week. Initial bias remains neutral this week and further decline is in favor as long as 1.3310 resistance holds. Below 1.3179 will extend the fall from 1.3675 Read more…