EUR/GBP stayed in consolidations above 0.8320 last week. Initial bias remains neutral this week first, and further fall is expected as long as 0.8401 resistance holds. On the downside, firm break of 0.8320 will extend larger down trend to 138.2% projection of 0.8728 to 0.8453 from 0.8611 at at 0.8231. In the bigger picture, rise […]
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The Blue Tsunami has redrawn Washington’s political map, and the Federal Reserve could be one of its biggest institutional beneficiaries. Households, businesses, and investors will be carefully watching to see if the affordability concerns from Read more…
GBP/JPY rose further to 213.75 last week but retreated since then. Initial bias remains neutral this week first with risk on the upside. On the upside, break of 213.75 will resume the rebound from 206.85, Read more…
EUR/JPY rebounded to 178.46 last week but retreated since then. Initial bias remains neutral this week first, and risk is mildly on the upside. Above 178.46 will resume the rise from 175.04 to 181.53 resistance Read more…