USD/CHF’s rebound form 0.7948 resumed late last week by breaking through 0.8156. Initial bias is mildly on the upside this week for 0.8205/13 resistance zone. Decisive break there will carry larger bullish implications. Further rise will now remain mildly in favor as long as 0.8066 support holds, in case of retreat. In the bigger picture, […]
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Kohl’s is expanding a key partnership in its stores as its customers tighten their budgets and gravitate toward other retailers. In the second quarter of this year, the department store chain’s comparable sales dipped 0.9% Read more…
EUR/USD stayed in sideway trading above 1.1565 last week and outlook is unchanged. Initial bias stays neutral this week first. On the downside, sustained break of 55 D EMA (now at 1.1565)s will argue that Read more…
USD/JPY fell further to 152.87 last week but turned sideway since then. Initial bias remains neutral this week for some consolidations first. Further decline is expected as long as 154.79 minor resistance holds. Below 152.87 Read more…