EUR/CHF edged higher to 0.9265 but was rejected by 0.9264 resistance and retreated. Initial bias stays neutral this week first. Further rally is expected as long as 0.9179 support holds. On the upside, above 0.9228 minor resistance will bring retest of 0.9265 first. Firm break of 0.9264/5 will resume the rally from 0.8979 to 100% […]
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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…