EUR/CHF’s rally resumed last week but lost momentum again after hitting 0.9371. Initial bias is turned neutral this week for consolidations. Outlook will remain bullish as long as 0.9270 support holds. On the upside decisive break of 100% projection of 0.8979 to 0.9264 from 0.9094 at 0.9379 will carry larger bullish implications, and target 138.2% […]
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USD/CHF remains bounded in range below 0.8206 last week. Initial bias stays neutral this week for consolidations, and further rally is expected as long as 0.8029 support holds. Firm break of 0.8205 will extend the Read more…
AUD/USD’s rebound from 0.6864 continued last week despite brief setback. Initial bias is on the upside this week for 100% projection of 0.6864 to 0.7026 from 0.6921 at 0.7083. Firm break there could prompt upside Read more…
USD/CAD’s fall from 1.4247 extended lower last week and broke through 1.3965 cluster support (38.2% retracement of 1.3480 to 1.4247 at 1.3954). The development argues that rebound from 1.3480 might have completed with three waves Read more…