GBP/USD rose to 1.3502 last week but retreated since then. Initial bias remains neutral this week first. Further rise will remain in favor as long as 1.3271 support holds. On the upside, above 1.3502 will extend the rise from 1.3135 to 1.3675 resistance next. However, firm break of 1.3271 will argue that the rebound has […]
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USD/JPY remained bounded in range trading last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, above 159.02 will target 160.38. On the downside, firm break of firm break Read more…
USD/CHF dipped0.8125 last week but recovered since then. Initial bias remains neutral this week first. On the downside, below 0.8125 will target 38.2% retracement of 0.7603 to 0.8394 at 0.8092. On the upside, break of Read more…
Filling up the car has clearly become a costly reminder that inflation doesn’t just show up on grocery receipts. When oil prices surge like they have over the past several months, drivers feel it at Read more…