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 will extend the fall from 163.79 to 149.07 fibonacci level next. On the upside, break of 154.79 minor resistance will […]
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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…
GBP/USD stayed in range trading above 1.3473 last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, sustained break of 55 D EMA (now at 1.3484) will indicate that Read more…