USD/JPY fell sharply last week but recovered after breaching 156.36 support briefly. Initial bias remains neutral this week first. On the downside, firm break of firm break of 156.36 will argue that rebound from 152.87 has completed after failing to sustain above 55 D EMA. Deeper fall should then be seen back to 152.87 low. […]
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EUR/USD stayed in sideway consolidations last week and outlook is unchanged. Initial bias remains neutral this week first, and further decline is expected with 1.1276 resistance intact. . Below 1.1111 will extend larger fall from Read more…