EUR/USD stayed in consolidations above 1.1323 last week and outlook is unchanged. Initial bias remains neutral this week first. Outlook stays bearish with 11499 support turned resistance intact. On the downside, break of 1.1323 will resume the fall from 1.2081 to 100% projection of 1.2081 to 1.1408 from 1.1848 at 1.1175. However, decisive break of […]
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USD/JPY’s up trend resumed last week and there is no sign of topping. Initial bias stays on the upside this week for 138.2% projection of 152.25 to 160.71 from 155.01 at 166.07. On the downside, Read more…
GBP/USD’s extended fall last week suggests that rebound from 1.3139 has already completed at 1.3557. Corrective pattern from 1.3867 high is extending with another downleg. Initial bias remains mildly on the downside this week for Read more…