EURUSD Outlook

EUR/USD edged higher to 1.1267 last week but lost momentum after breaching 138.2% projection of 1.0339 to 1.0828 from 1.0569 at 1.1245. That was also close to 1.1298 key resistance. Initial bias remai...
USDJPY Outlook

USD/JPY stayed in consolidation from 110.23 last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, below 110.85 minor support will turn bias to the downsid...
GBPUSD Outlook

GBP/USD's sharp fall last week indicates short term topping at 1.0347 on bearish divergence condition in 4 hour MACD. Break of the near term channel also suggests completion of rise from 1.2108. Initi...
USDCHF Outlook

USD/CHF edged lower to 0.9691 last week but turned sideway since then. Initial bias remains neutral this week first. Consolidation from 0.9691 could extend and stronger recovery cannot be ruled out. B...
AUDUSD Outlook

AUD/USD rose to 0.7516 last week but failed to sustain above 55 day EMA and retreated. At this point, it's staying above 0.7405 minor support. Thus, there is no confirmation of completion of rebound f...
USDCAD Outlook

USD/CAD dropped further to as low as 1.3387 last week but recovered since then. Initial bias stays neutral this week for consolidation first. Upside of recovery should be limited by 1.3570 resistance ...
GBPJPY Outlook

GBP/JPY's decline from 148.09 extended to as low as 142.11 last week. Initial bias stays on the downside this week for 61.8% retracement of 135.58 to 148.09 at 140.35. At this point, we'd still expec...
EURJPY Outlook

EUR/JPY's rally attempt was limited at 125.80 last week and retreated since then. The development suggests that consolidation from 125.80 is still in progress and is starting another falling leg. Init...
EURGBP Outlook

EUR/GBP's rally accelerated to as high as 0.8750 last week. Initial bias remains on the upside this week for 0.8786 resistance. The corrective fall from 0.9304 is likely completed after failing to tak...
EURAUD Outlook

EUR/AUD breached 1.5094 resistance last week but failed to sustain above. Initial bias is neutral this week first. As long as 1.4934 minor support holds, further rise is still expected in the cross. F...
EURCHF Outlook

EUR/CHF stayed in the consolidation from 1.0986 short term top last week. Outlook remains unchanged and initial bias remains neutral this week first. More consolidative trading could be seen in near t...
USDJPY Outlook

USD/JPY was rejected from 4 hour 55 EMA but it's staying above 110.85 minor support for the moment. Intraday bias remains neutral first. Rise from 110.23 is seen as a correction and the larger fall is...