EUR/GBP’s near term outlook is mixed up by the extended fall to 0.8290 and the short-lived recovery. Initial bias is turned neutral this week first. On the upside, above 0.8376 minor resistance will bring stronger rally towards 08472. However, on the downside, break of 0.8290 will resume the fall from 08472 to retest 0.8221 low. […]
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Dollar faced significant volatility last week as shifting trade policy signals from the White House left investors scrambling for clarity. Initially, tariffs on Canadian and Mexican imports were imposed, only to be quickly suspended for Read more…
Despite all the volatility last week, EUR/USD is still bounded in range above 1.0176. Initial bias remains neutral this week and further decline is expected. On the downside, firm break of 1.0176 will resume whole Read more…
USD/JPY’s fall from 158.86 extended lower last week but lost momentum after hitting 38.2% retracement of 139.57 to 158.86 at 151.49. Initial bias stays neutral this week first. On the upside, firm break of 153.70 Read more…