GBP/JPY’s rebound from 184.35 resumed last week. Initial bias stays on the upside this week for 195.95 resistance next. Firm break there will suggest that choppy decline from 199.79 has also finished too. On the downside, below 189.28 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 208.09 are […]
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In addition to facing customers’ alleged reduced portion size scandal, Chipotle encounters another challenge. The burrito chain can’t seem to catch a break. It has now become a victim of the uncertain state of the Read more…
Daily Pivots: (S1) 1.1322; (P) 1.1358; (R1) 1.1401; More… Intraday bias in EUR/USD stays mildly on the downside at this point. Correction from 1.1572 short term top could still extend lower. Nevertheless, strong support should Read more…
Daily Pivots: (S1) 0.8246; (P) 0.8290; (R1) 0.8321; More…. Intraday bias in USD/CHF is turned neutral first with 4H MACD staying below signal line. On the upside, above 0.8333 will resume the rebound from 0.8038 Read more…