USD/CAD’s fall from 1.3965 continued last week after brief recovery. Initial bias stays on the downside this week for retesting 1.3480 low. Decisive break there will resume whole down trend from 1.4791. For now, risk will remain on the downside as long as 1.3709 resistance holds, in case of recovery. In the bigger picture, price […]
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AUD/USD’s late breach of 0.7221 last week suggests the recent up trend is resuming. Initial bias is mildly on the upside this week. Next target is 61.8% projection of 0.6420 to 0.7187 from 0.6832 at Read more…
GBP/JPY’s steep decline last week indicates medium term topping at 216.58, on bearish divergence condition in D MACD. But as a temporary low was formed at 210.43, initial bias is turned neutral this week first. Read more…
EUR/JPY’s steep decline last week indicates medium term topping at 187.93, on bearish divergence condition in D MACD. But a temporary low should be formed at 182.28. Initial bias is turned neutral this week first. Read more…