EUR/JPY edged lower to 176.19 last week but recovered since then. Initial bias stays neutral this week for consolidations. In case of another fall, strong support is expected from 175.26/41 to bring rebound. Considering bullish divergence condition in 4H MACD, firm break of 179.29 resistance will indicate short term bottoming, and turn bias to the […]
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AUD/USD stayed in consolidations above 0.6903 last week and outlook is unchanged. Initial bias stays neutral this week first. While stronger recovery cannot be ruled out, further decline is expected as long as 0.7038 resistance Read more…
USD/CAD’s rally continued last week but stalled after hitting 1.4290 fibonacci resistance. Initial bias stays neutral this week first. Further rise is expected as long as 1.4200 support holds. Firm break of 1.4292 will target Read more…
GBP/JPY stayed in range above 206.85 last week and outlook is unchanged. Initial bias stays neutral this week first. While another fall cannot be ruled out, strong support should be seen from 206.10 fibonacci level Read more…