EUR/CHF’s rally from 0.8979 continued last week and surged through 0.9394 key resistance. Initial bias stays on the upside this week. Next target is 138.2% projection of 0.8979 to 0.9264 from 0.9094 at 0.9488. On the downside, below 0.9362 minor support will turn bias neutral and bring consolidations first, before staging another rise. In the […]
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GBP/JPY’s rebound from 209.55 extended higher last week after brief consolidations. Initial bias is on the upside this week. Current development suggests that corrective fall from 219.56 has already completed. Sustained break of 61.8% retracement Read more…
EUR/JPY’s rebound from 179.34 continued last week after brief retreat. Current development suggests that whole fall from 187.93 has completed as a three wave correction. Initial bias stays is on the upside this week for Read more…
Outlook is unchanged in EUR/GBP as range trading continues. Initial bias remains neutral this week first. While rebound from 0.9453 might extend, strong resistance should be seen from 0.8610 support turned resistance to limit upside. Read more…