USD/JPY’s rebound from 155.22 resumed by breaking through 159.76 last week. Initial bias is mildly on the upside this week for 61.8% retracement of 163.97 to 155.22 at 160.62. Strong resistance is expected there to limit upside. Below 159.39 minor support will bring deeper fall back to 157.99. However, sustained break of 160.62 will pave […]
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EUR/USD’s fall from 1.1710 accelerated lower last week. Considering bearish divergence condition in 4H MACD, a short term top should be in place. Initial bias is mildly on the downside this week for 55 D Read more…
GBP/USD retreat from 1.3675 extended lower last week. Considering bearish divergence condition in 4H MACD, a short term top could be in place already. Break of 1.3518 minor support will bring deeper fall back to Read more…