Update Time:19 May 2024 09:34GMT

Intra-day rise fm 1.2646 suggests pullback fm
y'day's 1-month high at 1.2700 has ended at 1.2644
the same day n recent upmove fm Apr's 5-month bot-
tom at 1.2299 wud head to 1.2730/35, however, 1.27
58/63 shud cap upside today, yield retreat.

  Trade fm long side for 1.2700 n only below 1.26
44/46 risks retracement to 1.2615/20, 1.2584/94.

Update Time:16 May 2024 07:06GMT

Intra-day selloff below 195.89 (Wed) signals 
recent rise has made a temp. top at 197.08 y'day n 
present bounce wud yield consolidation b4 fall.

  Trade fm short side n below 194.80/85 wud yield 
194.45/50. Only abv 196.25/30 risks 196.60 later.

Update Time:16 May 2024 07:05GMT

Euro's sharp selloff fm y'day's 2-week high at 
169.40 to 168.08 in NY n intra-day break there to  
167.34 (Asia) signals recent erratic rise has made 
a top there n subsequent bounce wud yield consolida
tion b4 another fall twd 167.00 but 166.75 may hold

  Trade fm short side for this move as only abv 
168.20/25 risks stronger retracement twd 168.40.

Update Time:16 May 2024 07:05GMT

Despite dlr's rise fm May's 3-week 151.87 bottom
to 156.77 Tue, subsequent fall to 154.70 y'day on
US CPI, then intra-day drop below there suggests
temp. top is made n weakness to 153.00/10 wud be
seen, break needed for 153.70/75 b4 rebound.

  Trade fm short side for 153.20 n only firm break
of 154.50/55 indicates trough made, 155.00/05.

Update Time:16 May 2024 01:14GMT

Dlr's fall fm Tue's 0.9102 high to 0.9016 y'day
on US CPI, then intra-day break of prev. May's 3-
week 0.9007 low confirms decline fm May's near 7-
month 0.9224 peak has resumed n weakness to 0.8966/
71, then 0.8945/50 wud be seen after consolidation.

  Trade fm short side for 0.8992 n only abv 0.9040
/45 risks 0.9063/70, then 0.9086/88 b4 retreat.

Update Time:16 May 2024 00:07GMT

Intra-day fall after 1-tick break of y'day's
169.38 high to a 2-week 169.39 peak suggests recent
upmove has made a temporary top n present bounce fm
168.08 wud yield consolidation b4 prospect of an-
ther drop to 167.97/00, break, 167.70/75 later.

  Trade fm short side for 168.05 n only abv 168.80
/85 risks gain to 169.05/10, then 169.39 again.

Update Time:15 May 2024 17:36GMT

Intra-day rise abv Asian 0.6651 high n then 
break of Mar's 0.6667 top to 0.6679 on US CPI data
suggests recent upmove has resumed n present pull-
back wud yield consolidation b4 heading to 0.6700/
04, then 0.6728/34 but 0.6775/82 shud hold today.

  Trade fm long side for 0.6689 n only below 0.66
20/25 risks 0.6595/00, then 0.6580/85 b4 bounce.

Update Time:14 May 2024 01:51GMT

Despite dlr's fall fm Apr's near 34-year 160.24
peak to a 3-week 151.87 low early May, subsequent
rise to 155.95 Thur suggests temporary bottom is in
place n stronger retracement twds 156.25/28, then
156.60/70 wud be seen b4 prospect of a retreat.

  Trade fm long side for 156.45 n only below 155.
17/27 confirms top made, 154.70/75, 154.45/55.

Update Time:14 May 2024 01:51GMT

Dlr's intra-day rally n break abv prev. res at 
155.95 signals recent upmove fm May's 3-week bottom
at 151.87 has once again resumed n further gain twd
156.61 wud be seen, reckon loss of momentum wud 
precent sharp move beyond n bring correction.

  Trade fm long side for this move n only below 
155.69 wud risk weakness twds 155.51.

Update Time:09 May 2024 13:11GMT

Intra-day bounce fm 27.09 signals pullback fm
y'day's 27.52 high has ended n price wud head to
27.72/74, then 27.96/00 b4 prospect of a retreat.

  Trade fm long side for this move as only below 
26.97/01 risks weakness to 26.81/85, 26.65/67.

Update Time:08 May 2024 18:39GMT

Euro's rise fm last Tue's 0.8531 low to 0.8599
y'day, then higher today suggests pullback fm Apr's
3-1/2 month 0.8644 high has possibly ended, abv
0.8617/22 res area wud add credence to this view n
bring re-test of 0.8644, break, 0.8660/65 later.

  Trade fm long side for 0.8615 n only below 0.85
77/80 prolongs choppy swings, 0.8551/57 b4 bounce.

Update Time:08 May 2024 03:00GMT

Despite dlr's fall to a 3-week low of 151.87
Fri, subsequent rise to 154.75 y'day n intra-day
break there suggests temporary bottom is in place n
stronger retracement twds 155.50/55 wud be seen
after consolidation, break, 155.70/75, 156.25/28.

  Trade fm long side for 155.00 n only below 154.
25/30 signals top made, 153.95/00, 153.75/80.

Update Time:08 May 2024 02:57GMT

Y'day's fall fm 0.6643 in post-RBA to 0.6587,
then lower today suggests recent upmove has made a
temporary top at Fri's 1-1/2 month 0.6650 peak n
weakness to 0.6563/69 wud be seen after consolida-
tion, below yields 0.6540/45, then 0.6516/20 b4 up.

  Trade fm short side for 0.6570 n only abv 0.6624
(NY) risks gain to 0.6643/50, break, 0.6667 (Mar).

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.

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.

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.

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.

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).

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.

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.

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.

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.

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.

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.