USD/CAD’s rebound from 1.3549 extended higher last week. The rise is seen as the third leg of the pattern from 1.3480. Initial bias stays on the upside for 1.3965 resistance next. On the downside, below 1.3729 support will turn intraday bias neutral first. In the bigger picture, price actions from 1.4791 are seen as a […]
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Crash predictions have become a near-constant presence in housing market coverage. Between rising foreclosure filings and climbing delinquencies on certain loan types, the headlines have given many homeowners the sense that a serious downturn is Read more…
EUR/USD’s extended decline suggests that corrective rebound from 1.1408 has completed at 1.1848. But as a temporary low was formed at 1.1575, initial bias remains neutral this week first. On the downside, below 1.1575 will Read more…
USD/JPY’s rebound from 155.01 continued last week but lost momentum after hitting 159.33. Initial bias remains neutral this week first. Above 159.24 will target 160.71 high. Strong resistance is expected from there to start the Read more…