EUR/JPY stayed in consolidations above 177.82 short term bottom last week. Initial bias stays neutral this week first. On the upside, above 38.2% retracement of 187.93 to 181.68 will target 61.8% retracement at 184.06 next. Nevertheless, firm break of 177.82 will extend the decline from 187.93 tow 175.26/41 support instead. In the bigger picture, price […]
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USD/CAD’s rally from 1.3730 continued last week and there is no clear sign of topping yet. Initial bias stays on the upside for retesting 1.4247 high. On the downside, below 1.4096 minor support will turn Read more…
GBP/JPY stayed in consolidations above 207.06 short term bottom last week. Initial bias remains neutral this week first. On the upside, above 211.25 will target 38.2% retracement of 219.56 to 207.06 at 211.83. Break there Read more…
EUR/GBP edged higher last week but failed to sustain above 0.8610 support turned resistance. Initial bias remains neutral and outlook stays bearish. On the downside, break of 0.8551 support will indicate that corrective bounce from Read more…