Update Time: |
06 May 2024 05:11 |
Next Update At: |
08:30GMT |
EUR/USD - 1.0764 |
Despite euro's rise to a 3-week high at 1.0812 on Friday after initial release of US NFP, subsequent sharp fall to 1.0752 on renewed usd's strength suggests recent upmove has made a temporary top and stronger retracement to 1.0720/25, then 1.0690/00 would be seen after consolidation but 1.0671/75 support area is likely to hold on first testing, yield rebound. On the upside, only a firm break of 1.0795/00 would bring re-test of 1.0812, above yields marginal gain as1.0.840/50 should cap upside. |
|
DAILY USD/SGD OUTLOOK - +1.3550+ |
Update Time: |
07 May 2024 23:49GMT |
Usd's rise fm Fri's 1.3450 low to 1.3525 y'day, then higher today signals temp. bottom made, abv 1.3550/52 yields 1.3578/84, which shud hold.
Trade fm long side for 1.3550 n only below 1.34 88 (Mon) risks 1.3450, break, 1.3436/39 later.
|
|
Rate: |
+1.3550+ |
Strategy: |
+Target met+ |
Position: |
Long at 1.3455 |
Objective: |
1.3550 |
Stop-Loss: |
Long at 1.3455 |
Resistance: |
1.3578/1.3599/1.3614 |
Support: |
1.3521/1.3488/1.3450 |
|
DAILY USD/CAD OUTLOOK - +1.3720+ |
Update Time: |
07 May 2024 23:31GMT |
Dlr's bounce fm Fri's low at 1.3697 to 1.3697 Mon n intra-day break abv there signals a temp. bot tom is made n gain to 1.3729 is seen.
Trade fm long side for 1.3720 n only below 1.36 24/30 risks 1.3610, break, 1.3585/88, 1.3548/57.
|
|
Rate: |
+1.3720+ |
Strategy: |
+Target met+ |
Position: |
Long at 1.3635 |
Objective: |
1.3720 |
Stop-Loss: |
Long at 1.3635 |
Resistance: |
1.3749/1.3785/1.3804 |
Support: |
1.3717/1.3697/1.3648 |
|
INTRA-DAY USD/JPY OUTOOK - +154.70+ |
Update Time: |
07 May 2024 23:12GMT |
Dlr's rally fm Fri's 3-week low at 151.87 to 154.00 y'day, then 154.65 today suggests decline fm last Mon's near 34-year 160.24 (Reuters) peak has made a temporary bottom n abv 154.75/80 wud head to 155.15/20 but 155.55/65 is likely to cap upside.
Trade fm long side for this move n only below 153.82/88 indicates top made, 153.42/45, 153.00/10.
|
|
Rate: |
+154.70+ |
Strategy: |
+Target met+ |
Position: |
Long at 154.00 |
Objective: |
154.70 |
Stop-Loss: |
|
Resistance: |
154.78/155.16/155.55 |
Support: |
154.26/153.99/153.88 |
|
INTRA-DAY USD/CHF OUTLOOK - +0.9130+ |
Update Time: |
02 May 2024 06:32GMT |
Y'day's fall fm a near 7-month high at 0.9224 to 0.9146 in post-FOMC NY suggests temporary top is in place n subsequent rebound wud bring consolidation b4 prospect of another drop twds 0.9125/30, then 0.9106/10, break heads to 0.9088/89 later.
Trade fm short side for 0.9130 n only abv 0.9188 /92 prolongs choppy swings, 0.9205/08, 0.9220/24.
|
|
Rate: |
+0.9130+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9180 |
Objective: |
0.9130 |
Stop-Loss: |
|
Resistance: |
0.9146/0.9173/0.9192 |
Support: |
0.9088/0.9061/0.9033 |
|
DAILY USD/CHF OUTLOOK - +0.9100+ |
Update Time: |
02 May 2024 06:31GMT |
Despite dlr's resumption of upmove to a near 7- month 0.9224 peak y'day, subsequent fall to 0.9146 in post-FOMC NY suggests temporary top is made n retracement twds 0.9088/90 wud be seen after conso- lidation, break needed for 0.9061/71 b4 rebound.
Trade fm short side for 0.9100 n only abv 0.9205 /08 risks 0.9224 again, abv, 0.9244 (Oct 2023).
|
|
Rate: |
+0.9100+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9190 |
Objective: |
0.9100 |
Stop-Loss: |
|
Resistance: |
0.9146/0.9173/0.9192 |
Support: |
0.9088/0.9071/0.9061 |
|
INTRA-DAY GBP/USD OUTLOOK - +1.2485+ |
Update Time: |
01 May 2024 01:58GMT |
Cable's selloff fm y'day's 2-1/2 week peak at 1.2569 to 1.2491 in NY Tue n intra-day break there signals recent upmove fm 1.2299 has possibly made a temp. top there n retracement twds 1.2480 wud be seen but 1.2450 may remain intact, bring rebound.
Trade fm short side for 1.2485 next as only abv 1.2569 wud risk one more rise to 1.2590/00.
|
|
Rate: |
+1.2485+ |
Strategy: |
+Target met+ |
Position: |
Short at 1.2545 |
Objective: |
1.2485 |
Stop-Loss: |
|
Resistance: |
1.2569/1.2578/1.2614 |
Support: |
1.2480/1.2450/1.2432 |
|
INTRA-DAY USD/JPY OUTOOK - +155.60+ |
Update Time: |
29 Apr 2024 16:46GMT |
Intra-day selloff after resumption of LT upmove to a near 34-year 160.24 (Reuters) peak suggests temporary top is in place n present strong bounce fm 154.54 wud bring choppy sideways swings b4 pros- pect of another drop twds 154.17/22, 153.92/96.
Sell on pullback to 156.80 for 155.80 n only abv 157.23 risks retracement to 157.65/75 b4 bounce.
|
|
Rate: |
+155.60+ |
Strategy: |
+Target met+ |
Position: |
+Short at 156.80+ |
Objective: |
155.60 |
Stop-Loss: |
|
Resistance: |
156.89/157.23/157.67 |
Support: |
155.06/154.54/153.22 |
|
INTRA-DAY AUD/USD OUTLOOK - +0.6575+ |
Update Time: |
29 Apr 2024 04:15GMT |
Intra-day break of Fri's 0.6554 high suggests corrective upmove fm Apr's 5-month 0.6363 trough remains in progress n gain twds 0.6575/80 wud be seen after consolidation, however, overbought condi tion shud prevent strong gain abv 0.6593/98.
For st trade, hold long for 0.6575 n only below 0.6535/40 risks retrace. to 0.6515/20, 0.6484/86.
|
|
Rate: |
+0.6575+ |
Strategy: |
+Target met+ |
Position: |
Long at 0.6520 |
Objective: |
0.6575 |
Stop-Loss: |
|
Resistance: |
0.6598/0.6619/0.6644 |
Support: |
0.6518/0.6484/0.6465 |
|
INTRA-DAY GBP/USD OUTLOOK - +1.2505+ |
Update Time: |
25 Apr 2024 06:58GMT |
Intra-day break of y'day's 1.2470 high suggests corrective upmove fm Mon's fresh 5-month trough at 1.2299 remains in progress n gain twds 1.2495/98, then 1.2520/25 wud be seen after consolidation, abv yields 1.2545/50 but 1.2578/81 is likely to hold.
Trade fm long side for 1.2505 n only below 1.24 20/25 indicates top made, 1.2382/85, 1.2355/60.
|
|
Rate: |
+1.2505+ |
Strategy: |
+Target met+ |
Position: |
Long at 1.2430 |
Objective: |
1.2505 |
Stop-Loss: |
|
Resistance: |
1.2522/1.2578/1.2614 |
Support: |
1.2451/1.2423/1.2405 |
|
DAILY AUD/JPY CROSS OUTLOOK - +101.25+ |
Update Time: |
25 Apr 2024 05:20GMT |
Intra-day rally abv Wed's fresh 9-year peak at 101.04 (NY) suggests LT rise remains in force but overbought condition shud cap price below 101.45/50
Trade fm long side for 101.25 next as only below 100.50 risks stronger retracement twd 100.00/10.
|
|
Rate: |
+101.25+ |
Strategy: |
+Target met+ |
Position: |
Long at 100.55 |
Objective: |
101.25 |
Stop-Loss: |
|
Resistance: |
101.48/101.80/101.97 |
Support: |
100.50/100.04/99.68 |
|
SPOT GOLD DAILY OUTLOOK - +$ 2335.00+ |
Update Time: |
25 Apr 2024 01:07GMT |
Despite gold's selloff to a 2-week bottom at 2291.40 Tue, subsequent rally to 2332.10 (NY) on retreat in usd signals recent erratic decline has made a temp. low there n intra-day retreat would yield consolidation b4 prospect of another rise but abv 2334/2335 is needed for retracement twd 2354.60
In view of abv analysis, buy again on pullback to 2315.00 for this move as only a daily close be- low 2299/2300 would risk re-test of said sup.
|
|
Rate: |
+$ 2335.00+ |
Strategy: |
+Target met+ |
Position: |
+Long at 2315.00+ |
Objective: |
2335.00 |
Stop-Loss: |
|
Resistance: |
2334.40/2354.60/2372.90 |
Support: |
2299.90/2291.40/2267.90 |
|
DAILY EUR/JPY CROSS OUTLOOK - +166.10+ |
Update Time: |
24 Apr 2024 19:53GMT |
Although euro's rally abv prev. res at 165.37 (Mar) to a fresh 15-1/2 year peak at 165.74 in NY Tue n intra-day break there signals LT upmove has once again resumed, 166.15/20 may hold n yield a much-needed correction due to loss of momentum.
Buy on pullback to 165.40 for 166.10 next n only below 164.90/95 risks retracement back twd 164.64.
|
|
Rate: |
+166.10+ |
Strategy: |
+Target met+ |
Position: |
+Long at 165.40+ |
Objective: |
166.10 |
Stop-Loss: |
|
Resistance: |
166.18/166.52/166.97 |
Support: |
165.44/164.92/164.64 |
|
INTRA-DAY EUR/JPY OUTLOOK - +166.00+ |
Update Time: |
24 Apr 2024 19:22GMT |
Although euro's rally abv prev. res at 165.37 (Mar) to a fresh 15-1/2 year peak at 165.74 in NY Tue n intra-day break there signals LT upmove has once again resumed, 166.15/20 may hold n yield a much-needed correction due to loss of momentum.
Buy on pullback to 165.40 for 166.00 next n only below 165.37 risks retracement back twd 164.92.
|
|
Rate: |
+166.00+ |
Strategy: |
+Target met+ |
Position: |
+Long at 165.40+ |
Objective: |
166.00 |
Stop-Loss: |
|
Resistance: |
166.18/166.52/166.97 |
Support: |
165.37/164.92/164.64 |
|
DAILY EUR/CHF CROSS OUTLOOK - +0.9770+ |
Update Time: |
24 Apr 2024 06:45GMT |
Despite euro's sharp selloff to a 1-month bottom at 0.9567 in Asia Fri, subsequent rally n intra-day break of 0.9723 (Thur) suggests recent erratic fall has made a temp. low there n retracement twd 0.9765 /70 may be seen but 0.9790/95 may remain intact.
Trade fm long side for this move n only below 0.9725/30 risks weakness back twd 0.9670.
|
|
Rate: |
+0.9770+ |
Strategy: |
+Target met+ |
Position: |
Long at 0.9700 |
Objective: |
0.9770 |
Stop-Loss: |
|
Resistance: |
0.9765/0.9794/0.9820 |
Support: |
0.9711/0.9683/0.9614 |
|
DAILY AUD/JPY CROSS OUTLOOK - +100.25+ |
Update Time: |
24 Apr 2024 02:12GMT |
Intra-day retreat after rally abv Mon's 99.91 high signals temp. top made n consolidation is seen b4 rise fm 97.79 (Fri) resumes n heads to 100.20/25
Trade fm long side for this move as only below 99.60/68 may risk retracement back twd 99.11.
|
|
Rate: |
+100.25+ |
Strategy: |
+Target met+ |
Position: |
Long at 99.45 |
Objective: |
100.25 |
Stop-Loss: |
Long at 99.45 |
Resistance: |
100.23/100.64/100.80 |
Support: |
99.68/99.11/98.63 |
|
INTRA-DAY EUR/CHF OUTLOOK - +0.9760+ |
Update Time: |
24 Apr 2024 02:08GMT |
Although euro's intra-day brief rise abv 0.9726 (Mon) to 0.9740 in European morning signals nr term rise fm 0.9567 (Fri) remains in force, present re- treat wud yield consolidation b4 prospect of ano- ther rise but 0.9765/70 may hold on 1st testing.
Raise long entry to 0.9710 for this move as only below 0.9683 risks weakness back twd 0.9650.
|
|
Rate: |
+0.9760+ |
Strategy: |
+Target met+ |
Position: |
+Long at 0.9710+ |
Objective: |
0.9760 |
Stop-Loss: |
|
Resistance: |
0.9740/0.9765/0.9794 |
Support: |
0.9683/0.9650/0.9614 |
|
DAILY USD/CAD OUTLOOK - +1.3655+ |
Update Time: |
24 Apr 2024 02:02GMT |
Y'day's break of Fri's 1.3724 low suggests fall fm Apr's 5-mth 1.3846 peak wud head to 1.3661/65, then 1.3647/50 after consolidation b4 rebound.
Trade fm short side for 1.3655 n only abv 1.3745 /50 indicates trough made, 1.3775/81, 1.3800/04.
|
|
Rate: |
+1.3655+ |
Strategy: |
+Target met+ |
Position: |
Short at 1.3745 |
Objective: |
1.3655 |
Stop-Loss: |
Short at 1.3745 |
Resistance: |
1.3711/1.3749/1.3775 |
Support: |
1.3661/1.3647/1.3616 |
|
DAILY AUD/USD OUTLOOK - +0.6510+ |
Update Time: |
24 Apr 2024 01:55GMT |
Despite aud's resumption of decline to a fresh 5-month trough at 0.6363 Fri, subsequent rise n intra-day break of 0.6456 res suggests temporary bottom is in place n retracement twds 0.6520/25 wud be seen, however, 0.6550/53 shud cap upside today.
Trade fm long side for 0.6510 n only below 0.64 04/07 risks 0.6385/90, then 0.6363 again.
|
|
Rate: |
+0.6510+ |
Strategy: |
+Target met+ |
Position: |
Long at 0.6430 |
Objective: |
0.6510 |
Stop-Loss: |
|
Resistance: |
0.6493/0.6522/0.6553 |
Support: |
0.6425/0.6407/0.6390 |
|
INTRA-DAY AUD/USD OUTLOOK - +0.6490+ |
Update Time: |
23 Apr 2024 18:41GMT |
Aud's current rise abv Asian res at 0.6465 sig- nals upmove fm Fri's fresh 5-month bottom at 0.6363 has resumed n further gain twds 0.6493 wud be seen , however, 0.6522 may remain intact n bring a re- treat later today or early tom.
Trade fm long side for 0.6490 n only below 0.64 25 (NY) risks 0.6404/07, then 0.6385/90 later.
|
|
Rate: |
+0.6490+ |
Strategy: |
+Target met+ |
Position: |
Long at 0.6430 |
Objective: |
0.6490 |
Stop-Loss: |
|
Resistance: |
0.6493/0.6522/0.6550 |
Support: |
0.6425/0.6407/0.6390 |
|
INTRA-DAY EUR/USD OUTLOOK - +1.0710+ |
Update Time: |
23 Apr 2024 14:39GMT |
Intra-day rally fm 1.0638 to 1.0695 in Europe on eurozone PMI data confirms corrective upmove fm Apr's 5-month 1.0602 trough has resumed n present retreat wud yield consolidation b4 heading to 1.07 15/20, then 1.0729/34 but 1.0756/66 shud hold.
Remain as cautious buyer for this move n only below 1.0638 wud risk weakness to 1.0611.
|
|
Rate: |
+1.0710+ |
Strategy: |
+Target met+ |
Position: |
Long at 1.0655 |
Objective: |
1.0710 |
Stop-Loss: |
|
Resistance: |
1.0734/1.0756/1.0792 |
Support: |
1.0638/1.0624/1.0602 |
|
INTRA-DAY EUR/GBP OUTLOOK - +0.8585+ |
Update Time: |
21 Apr 2024 19:38GMT |
Despite euro's selloff below 0.8529 (Tue) to a 1-month bottom at 0.8522 in Europe Wed, subsequent rally to as high as 0.8572 in NY signals nr term fall fm 0.8602 (Mar) has made a temp. low there n re-test of 0.8588 res wud be seen b4 retreat.
Trade fm long side for this move as only below 0.8550/52 risks weakness back twd 0.8522.
|
|
Rate: |
+0.8585+ |
Strategy: |
+Target met+ |
Position: |
Long at 0.8535 |
Objective: |
0.8585 |
Stop-Loss: |
|
Resistance: |
0.8572/0.8588/0.8602 |
Support: |
0.8522/0.8504/0.8494 |
|
DAILY EUR/GBP CROSS OUTLOOK - +0.8600+ |
Update Time: |
21 Apr 2024 19:39GMT |
Despite euro's selloff below 0.8529 (Tue) to a 1-month bottom at 0.8522 in Europe Wed, subsequent rally to as high as 0.8572 in NY signals nr term fall fm 0.8602 (Mar) has made a temp. low there n re-test of 0.8588 res wud be seen, break, 0.8602.
Trade fm long side for this move as only below 0.8520/25 risks 0.8500/10, below, 0.8494 later.
|
|
Rate: |
+0.8600+ |
Strategy: |
+Target met+ |
Position: |
Long at 0.8535 |
Objective: |
0.8600 |
Stop-Loss: |
|
Resistance: |
0.8572/0.8588/0.8602 |
Support: |
0.8522/0.8504/0.8494 |
|
DAILY USD/CHF OUTLOOK - +0.9040+ |
Update Time: |
19 Apr 2024 02:17GMT |
Despite dlr's resumption of upmove to a fresh 6-month peak of 0.9151 Mon, subsequent retreat to 0.9082 today signals a temp. top is made n current bounce wud bring range trading b4 prospect of ano- ther decline twds 0.9040/42 later.
Remain as cautious seller for this move n only abv 0.9151 wud risk gain to 0.9175.
|
|
Rate: |
+0.9040+ |
Strategy: |
+Target met+ |
Position: |
+Short at 0.9130+ |
Objective: |
0.9040 |
Stop-Loss: |
|
Resistance: |
0.9132/0.9151/0.9175 |
Support: |
0.9075/0.9042/0.9013 |
|
DAILY EUR/CHF CROSS OUTLOOK - +0.9625+ |
Update Time: |
19 Apr 2024 01:46GMT |
Despite euro's marginal break of prev. Apr's low at 0.9679 to a fresh 3-week bottom at 0.9677 in NY Wed, subsequent strong rebound to 0.9720 in NY sig- nals recent decline has made a temp. low there, how ever, reckon 0.9722 res wud hold n yield retreat.
Remain as cautious seller for 0.9625 1st as only firm break of 0.9740 risks gain back twd 0.9765.
|
|
Rate: |
+0.9625+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9705 |
Objective: |
0.9625 |
Stop-Loss: |
|
Resistance: |
0.9740/0.9765/0.9795 |
Support: |
0.9679/0.9664/0.9621 |
|
INTRA-DAY USD/CHF OUTLOOK - +0.9080+ |
Update Time: |
19 Apr 2024 01:45GMT |
Dlr's fall fm Mon's fresh 6-month high at 0.9151 to 0.9082 today signals MT upmove has made a temp. top there n current stronger-than-expected bounce wud bring range trading b4 prospect of another dec- line, below 0.9082, 0.9042 later.
Remain as cautious seller for this move n only abv 0.9151 wud risk gain twds 0.9175.
|
|
Rate: |
+0.9080+ |
Strategy: |
+Target met+ |
Position: |
+Short at 0.9130+ |
Objective: |
0.9080 |
Stop-Loss: |
|
Resistance: |
0.9132/0.9151/0.9175 |
Support: |
0.9075/0.9042/0.8999 |
|
INTRA-DAY EUR/JPY OUTLOOK - +164.55+ |
Update Time: |
17 Apr 2024 09:32GMT |
Despite euro's brief selloff after y'day's rise to 164.67 at NY open on active yen buying, subse- quent strong bounce signals pullback has possibly ended n abv wud extend nr term rise fm 162.28 (Feb) twd 164.95/00 but 165.17 res may hold initially.
Trade fm long side for this move as only below 163.80/90 risks weakness twd 163.66.
|
|
Rate: |
+164.55+ |
Strategy: |
+Target met+ |
Position: |
Long at 164.05 |
Objective: |
164.55 |
Stop-Loss: |
|
Resistance: |
164.69/164.98/165.17 |
Support: |
163.81/163.66/163.43 |
|
INTRA-DAY USD/JPY OUTOOK - +154.70+ |
Update Time: |
16 Apr 2024 11:50GMT |
As dlr has risen after y'day's sharp retreat fm a fresh 33-1/2 year 154.44 high to 153.87 in NY, suggesting LT upmove wud extend to 154.75/80, then 155.15/20 after consolidation, loss of momentum is likely to cap price below 155.40/50 res area today.
Trade fm long side for 154.70 n only below 154. 12/15 prolongs choppy swings, risks 153.87/90.
|
|
Rate: |
+154.70+ |
Strategy: |
+Target met+ |
Position: |
Long at 154.00 |
Objective: |
154.70 |
Stop-Loss: |
|
Resistance: |
154.67/155.00/155.16 |
Support: |
154.12/153.87/153.71 |
|
DAILY NZD/USD OUTLOOK - +0.5880+ |
Update Time: |
16 Apr 2024 03:46GMT |
Y'day's brief break of Fri's near 5-mth 0.5933 low signals recent decline wud head twds 0.5880/85, reckon 0.5858/63 wud remain intact.
Trade fm short side for 0.5885 n only abv 0.5966 /70 prolongs choppy swings, 0.5990/95, 0.6010/14.
|
|
Rate: |
+0.5880+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.6000 |
Objective: |
0.5880 |
Stop-Loss: |
Short at 0.6000 |
Resistance: |
0.5907/0.5928/0.5953 |
Support: |
0.5863/0.5839/0.5805 |
|
DAILY AUD/USD OUTLOOK - +0.6415+ |
Update Time: |
16 Apr 2024 03:42GMT |
Aud's fall to 0.6457 Fri n y'day's break below Feb's bottom at 0.6443 signals MT decline has once again resumed n further weakness twds 0.6400/10 wud be seen, however, loss of momentum wud keep price abv 0.6371 n bring a correction later.
Trade fm short side for 0.6415 n only abv 0.6505 /10 indicates trough made, 0.6520/25, 0.6550/53.
|
|
Rate: |
+0.6415+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.6535 |
Objective: |
0.6415 |
Stop-Loss: |
|
Resistance: |
0.6445/0.6470/0.6493 |
Support: |
0.6400/0.6361/0.6339 |
|
INTRA-DAY GBP/USD OUTLOOK - +1.2425+ |
Update Time: |
16 Apr 2024 03:38GMT |
As cable has retreated after meeting renewed selling at 1.2498 y'day, suggesting recovery fm Fri's near 5-month bottom at 1.2427 has ended there n downside bias remains for weakness twds said sup, break wud extend MT decline to 1.2400/05.
Remain as cautious seller for this move n only abv 1.2498/01 wud risk gain twds 1.2522.
|
|
Rate: |
+1.2425+ |
Strategy: |
+Target met+ |
Position: |
Short at 1.2485 |
Objective: |
1.2425 |
Stop-Loss: |
|
Resistance: |
1.2449/1.2468/1.2498 |
Support: |
1.2400/1.2375/1.2337 |
|
DAILY EUR/CHF CROSS OUTLOOK - +0.9710+ |
Update Time: |
15 Apr 2024 00:28GMT |
Despite euro's rise fm last Fri's 0.9746 low to 0.8835 Tue, subsequent fall n intra-day break of said sup suggests decline fm Apr's near 11-month 0.9848 peak wud head to 0.9708/10 after consolida- tion, break yields 0.8689/92 b4 prospect of bounce.
Trade fm short side for 0.9720 n only firm break of 0.9762/66 risks 0.9793/95, then 0.9819/21.
|
|
Rate: |
+0.9710+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9830 |
Objective: |
+0.9710+ |
Stop-Loss: |
|
Resistance: |
0.9766/0.9779/0.9805 |
Support: |
0.9709/0.9679/0.9667 |
|
SPOT SILVER DAILY OUTLOOK - +28.70+ |
Update Time: |
14 Apr 2024 23:59GMT |
Despite intra-day rise abv Wed's near 3-year 28. 52 high, o/bot condition n loss of momentum is like ly to cap price well below 29.57/60 res area.
Buy on dips to 28.45 for 29.25 or sell at 29.40 for 28.60. Below 28.18/20, 27.76 (Thu), 27.54 (Wed)
|
|
Rate: |
+28.70+ |
Strategy: |
+Target met+ |
Position: |
+Short at 29.50+ |
Objective: |
+28.70+ |
Stop-Loss: |
+Short at 29.50+ |
Resistance: |
28.52/28.66/28.92 |
Support: |
27.86/27.54/27.25 |
|
DAILY GBP/JPY OUTLOOK - +190.85+ |
Update Time: |
14 Apr 2024 23:50GMT |
Wed's fall fm 192.98 to 191.48 signals recent rise has made a temp. top n as 192.58 has capped upside, downside bias remains for 190.69/75 later.
Trade fm short side for 190.85 n only abv 192.58 /90 risks 192.98 again, break may yield 193.50/53.
|
|
Rate: |
+190.85+ |
Strategy: |
+Target met+ |
Position: |
Short at 192.45 |
Objective: |
190.85 |
Stop-Loss: |
Short at 192.45 |
Resistance: |
191.48/191.96/192.19 |
Support: |
190.39/190.00/189.54 |
|
INTRA-DAY EUR/GBP OUTLOOK - +0.8575+ |
Update Time: |
17 Jan 2024 16:44GMT |
Despite euro's rebound after y'day's retreat fm 0.8620 to 0.8592 in NY, intra-day sharp selloff fm 0.8618 in European morning on hot U.K. CPI signals has retained daily bearishness but firm break of 0.8672 sup is needed to yield weakness twd 0.8550.
Trade fm short side for this move as only abv 0.8620 risks gain back twd 0.8635/40.
|
|
Rate: |
+0.8575+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.8615 |
Objective: |
0.8575 |
Stop-Loss: |
|
Resistance: |
0.8595/0.8620/0.8639 |
Support: |
0.8550/0.8524/0.8494 |
|
|