Daily Pivots: (S1) 149.26; (P) 149.84; (R1) 150.22; More… Intraday bias in USD/JPY stays neutral at this point. On the downside, below 149.30 minor support will turn bias to the downside for deeper pull back. But outlook will stay bullish as long as 147.28 support holds, even in case of deep retreat. On the upside, […]
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GBP/USD stayed in range trading below 1.3657 last week and outlook is unchanged. Initial bias remains neutral for consolidations, and further rise is expected with 1.3453 support intact. On the upside, break of 1.3657 will Read more…
USD/CHF’s decline from 0.8041 resumed last week. Initial bias stays on the downside this week. Firm break of 61.8% projection of 0.8041 to 0.7774 from 0.7923 at 0.7758 will target 100% projection at 0.7656. On Read more…
AUD/USD edged higher to 0.7277 last week as up trend continued, but retreated since then. Initial bias remains neutral this week for consolidations. Further rise is expected as long as 0.7101 support holds. Above 0.7277 Read more…