| Update Time: |
05 Nov 2024 08:21 |
| Next Update At: |
00:30GMT |
| EUR/USD - 1.0890 |
Despite euro's rally above 1.0905 (Fri) to a 2-1/2 week peak at 1.0914 in New York Mon, subsequent retreat signals recent erratic rise from Oct's 3-1/2 month 1.0762 low has made a temporary top there and consolidation would be seen and above 1.0914/16 heads to 1.0950/60 later.
Stand aside on ongoing US election news as below
1.0830/40 revives bearishness for weakness to 1.0809, then 1.0762/70. |
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8226+ |
| Update Time: |
19 Dec 2024 09:38GMT |
Euro's selloff fm 0.8277 to 0.8230 in NY Wed sig
nals near term fall fm 0.8327 (Mon) remains in
force n re-test of last Wed's 33-month 0.8226 low
wud be seen but firm break there is needed to ex-
tend LT decline to 0.8200/05 b4 correction.
Trade fm short side for 0.8226 next as only abv
0.8275/80 risks stronger retracement to 0.8295/00.
|
|
| Rate: |
+0.8226+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.8276+ |
| Objective: |
+0.8226+ |
| Stop-Loss: |
|
| Resistance: |
0.8254/0.8277/0.8295 |
| Support: |
0.8226/0.8204/0.8189 |
| |
| DAILY GBP/USD OUTLOOK - +1.2542+ |
| Update Time: |
19 Dec 2024 16:27GMT |
Cable's intra-day selloff fm 1.2666 in Europe n
present break of 1.2561 (AUS) on BoE's unchanged
rate decision signals decline fm 1.2811 (Dec) has
resumed, however, reckon NOv's 6-month trough at
1.2488 wud hold on 1st testing, yield correction.
Trade fm short side for 1.2542 next as only abv
1.2615/20 risks retracement to 1.2666, abv, 1.2730.
|
|
| Rate: |
+1.2542+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.2652+ |
| Objective: |
+1.2542+ |
| Stop-Loss: |
|
| Resistance: |
1.2620/1.2666/1.2730 |
| Support: |
1.2525/1.2488/1.2446 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2572+ |
| Update Time: |
19 Dec 2024 15:48GMT |
Although cable's intra-day strong bounce fm a
fresh 3-week bottom at 1.2561 in Aust. signals re-
cent erratic decline has made a temporary low there
, present retreat fm 1.2666 (Europe) has retained
daily bearishness n below 1.2561 extends to 1.2525.
Trade fm short side for 1.2572 next as only abv
1.2615/20 risks stronger retracement to 1.2666.
|
|
| Rate: |
+1.2572+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.2652+ |
| Objective: |
+1.2572+ |
| Stop-Loss: |
|
| Resistance: |
1.2620/1.2666/1.2680 |
| Support: |
1.2561/1.2525/1.2488 |
| |
| DAILY USD/JPY OUTLOOK - +157.52+ |
| Update Time: |
19 Dec 2024 15:28GMT |
Although dlr's intra-day impressive rally on
broad-based yen weakness on BoJ's unchanged rate
decision n break of 156.75 (Nov) signals upmove fm
Sep's 13-mth 139.59 trough has resumed, overbought
condition may cap price below 157.80/90 today.
Trade fm long side for 157.80 next as only below
156.10/15 indicates temp. top made, risks 155.45/50
|
|
| Rate: |
+157.52+ |
| Strategy: |
+Exit long+ |
| Position: |
+Long at 156.40+ |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
157.86/158.61/158.85 |
| Support: |
156.41/156.11/155.46 |
| |
| INTRA-DAY USD/JPY OUTOOK - +157.09+ |
| Update Time: |
19 Dec 2024 09:07GMT |
Dlr's intra-day rally fm 154.44 n firm break of
156.75 (Nov) on broad-based yen weakness on BoJ's
unchanged rate decision signals early rise fm Sep's
13-month 139.59 trough remains in force but over-
bought condition may cap price below 157.80/00.
Trade fm long side for 157.09 next as only below
156.10/15 indicates temp. top made, risks 155.45/50
|
|
| Rate: |
+157.09+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 156.39+ |
| Objective: |
+157.09+ |
| Stop-Loss: |
|
| Resistance: |
157.14/157.86/158.61 |
| Support: |
156.44/156.11/155.46 |
| |
| INTRA-DAY EUR/JPY OUTLOOK - +163.25+ |
| Update Time: |
19 Dec 2024 10:05GMT |
Euro's intra-day impressive rally fm 159.87 in
Aust. n present break of Tue's 3-week peak at 162.
47 on broad-based yen weakness on BoJ's rate deci-
sion signals rise fm Dec's 156.19 low wud extend to
163.80/90 but abv needed for gain to 164.20/40.
Trade fm long side for 164.36 next as only below
162.45/50 indicates temp. top made, risks 162.15/20
|
|
| Rate: |
+163.25+ |
| Strategy: |
+Stop profit+ |
| Position: |
+Long at 162.56+ |
| Objective: |
|
| Stop-Loss: |
+163.25+ |
| Resistance: |
163.88/164.28/164.76 |
| Support: |
162.97/162.47/162.16 |
| |
| SPOT GOLD DAILY OUTLOOK - +$ 2597.50+ |
| Update Time: |
20 Dec 2024 03:01GMT |
Although gold's strong rebound after y'day's
sharp selloff fm 2652.00 to 2586.60, then to 2583.
50 in Aust. today signals recent erratic decline
has made a temporary low there, intra-day retreat
fm 2626.70 (Europe) signals recovery possibly over
n below 2600/05 would re-test 2583.30, then 2560/65
In view of abv analysis, trade fm short side for
2597.50 next as only a daily close abv 2625/2626
risks retracement back to 2640.00, abv, 2651/2653.
|
|
| Rate: |
+$ 2597.50+ |
| Strategy: |
+Stop profit+ |
| Position: |
+Short at 2619.50+ |
| Objective: |
|
| Stop-Loss: |
+2597.50+ |
| Resistance: |
2626.70/2640.00/2651.80 |
| Support: |
2583.30/2562.40/2554.60 |
| |
| DAILY NZD/USD OUTLOOK - +0.5625+ |
| Update Time: |
19 Dec 2024 07:26GMT |
Nzd's sharp selloff to a 2-year bottom at 0.5620
on Fed's rate decision suggests LT fall has resumed
n weakness to 0.5600/10 wud be seen b4 correction.
Trade fm short side for 0.5625 next as only abv
0.5720/25 risks retracement back to 0.5745/50.
|
|
| Rate: |
+0.5625+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.5790 |
| Objective: |
+0.5625+ |
| Stop-Loss: |
Short at 0.5790 |
| Resistance: |
0.5691/0.5724/0.5747 |
| Support: |
0.5609/0.5577/0.5545 |
| |
| DAILY EUR/USD OUTLOOK - +1.0390+ |
| Update Time: |
18 Dec 2024 19:49GMT |
Despite euro's rise fm last Fri's 1.0454 low to
1.0534 y'day, intra-day anticipated selloff below
said sup on Fed's expected rate cut suggests price
wud head to 1.0386/90, then 1.0350/55 after consoli
dation but Nov's 1.0334 trough may hold today.
Trade fm short side for 1.0390 n only abv 1.0465
/70 indicates bottom made, 1.0505/15, 1.0534/39.
|
|
| Rate: |
+1.0390+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.0530 |
| Objective: |
1.0390 |
| Stop-Loss: |
|
| Resistance: |
1.0468/1.0491/1.0515 |
| Support: |
1.0386/1.0334/1.0291 |
| |
| DAILY USD/JPY OUTLOOK - +153.40+ |
| Update Time: |
16 Dec 2024 03:53GMT |
Despite dlr's resumption of upmove to a 2-week
high of 153.79 Fri, subsequent retreat suggests cor
rective upmove fm Dec's 1-1/2 month 148.65 bottom
has made a minor temporary top n consolidation wud
be seen b4 heading to 154.00/10, abv, 154.45/51.
Trade fm long side for +154.10+ n only below
153.20/30 risks weakness to 152.65/75 later.
|
|
| Rate: |
+153.40+ |
| Strategy: |
+Stop profit+ |
| Position: |
Long at 152.00 |
| Objective: |
|
| Stop-Loss: |
+153.40+ |
| Resistance: |
154.00/154.21/154.51 |
| Support: |
153.20/152.89/152.68 |
| |
| INTRA-DAY USD/CHF OUTLOOK - +0.8955+ |
| Update Time: |
17 Dec 2024 07:05GMT |
Intra-day anticipated break of Nov's 4-month top
of 0.8957 confirms upmove fm Sep's 8-month trough
of 0.8376 has resumed n further headway to 0.8975/
78 wud be seen after consolidation, however, 0.9000
/10 res area is likely to hold on 1st testing.
Trade fm long side for 0.8955 n only below 0.88
0.8920/25 risks 0.8899 (Mon), then 0.8855/65 b4 up
|
|
| Rate: |
+0.8955+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8905 |
| Objective: |
0.8955 |
| Stop-Loss: |
|
| Resistance: |
0.8978/0.9007/0.9039 |
| Support: |
0.8959/0.8923/0.8899 |
| |
| INTRA-DAY USD/JPY OUTOOK - +153.70+ |
| Update Time: |
14 Dec 2024 07:46GMT |
Intra-day anticipated rise abv Wed's 152.85 con-
firms corrective upmove fm Dec's 1-1/2 month 148.65
bottom has resumed n further headway twds 153.80/85
wud be seen after consolidation, abv extends to
154.00/10 but 154.45/50 shud hold on 1st testing.
Trade fm long side for 153.70 n only below 153.
20/27 risks weakness to 152.85/90, then 152.46/50.
|
|
| Rate: |
+153.70+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 152.70+ |
| Objective: |
+153.70+ |
| Stop-Loss: |
|
| Resistance: |
153.82/154.00/154.21 |
| Support: |
153.20/152.89/152.68 |
| |
| INTRA-DAY USD/JPY OUTOOK - +152.90+ |
| Update Time: |
13 Dec 2024 05:44GMT |
As dlr has risen after y'day's sharp pullback fm
a near 2-week high of 152.85 to 151.93, suggesting
correction has ended n upmove fm Dec's 1-1/2 month
1489.65 bottom wud head to 153.00/05, then 153.20/
25 after consolidation, 153.55/65 shud hold today.
Buy on dips to +152.00+ for +152.90+ n below
151.93/96 risks weakness to 151.40/50 b4 rebound.
|
|
| Rate: |
+152.90+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 152.00+ |
| Objective: |
+152.90+ |
| Stop-Loss: |
|
| Resistance: |
153.23/153.72/154.00 |
| Support: |
152.46/152.05/151.81 |
| |
| INTRA-DAY EUR/GBP OUTLOOK - +0.8255+ |
| Update Time: |
10 Dec 2024 11:58GMT |
Although euro's intra-day sharp selloff fm 0.82
83 n break of Nov's 30-month bottom at 0.8261 sig-
nals LT decline has once again resumed n further
weakness to 0.8225/30 wud be seen, oversold condi-
tion may keep price abv 0.8200 handle, yield bounce
Trade fm short side for 0.8255 next as only abv
0.8312/15 risks retracement back to 0.8331/39.
|
|
| Rate: |
+0.8255+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.8300 |
| Objective: |
0.8255 |
| Stop-Loss: |
|
| Resistance: |
0.8283/0.8312/0.8339 |
| Support: |
0.8225/0.8204/0.8188 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2780+ |
| Update Time: |
09 Dec 2024 10:30GMT |
Despite intra-day marginal break of 1.2721 (Fri)
to 1.2718 in Asia, subsequent strong bounce n pre-
sent firmness in Europe signals correction fm Fri's
1.2811 high has possibly ended n abv extends rise
fm 1.2488 (Nov) to 1.2865, abv, 1.2874/84 later.
Trade fm long side for 1.2780 next as only below
1.2715/18 dampens bullishness, risks 1.2688/94.
|
|
| Rate: |
+1.2780+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2720+ |
| Objective: |
+1.2780+ |
| Stop-Loss: |
|
| Resistance: |
1.2787/1.2811/1.2865 |
| Support: |
1.2752/1.2715/1.2688 |
| |
| DAILY GBP/USD OUTLOOK - +1.2745+ |
| Update Time: |
06 Dec 2024 15:07GMT |
Despite cable's fall fm last Fri's 1.2750 high
to 1.2618 Mon, subsequent rise to 1.2770 y'day,
then higher today on US jobs report suggests correc
tive upmove fm Nov's 6-month 1.2488 trough wud head
to 1.2845/55 but 1.2874/84 shud hold initially.
Trade fm long side for +1.2845+ n only below
1.2730/35 indicates top made, 1.2715/20, 1.2688/90.
|
|
| Rate: |
+1.2745+ |
| Strategy: |
+Stop profit+ |
| Position: |
Long at 1.2645 |
| Objective: |
|
| Stop-Loss: |
+1.2745+ |
| Resistance: |
1.2787/1.2810/1.2835 |
| Support: |
1.2733/1.2715/1.2688 |
| |
| INTRA-DAY EUR/USD OUTLOOK - +1.0590+ |
| Update Time: |
06 Dec 2024 14:08GMT |
Intra-day rise abv last Fri's 1.0597 high to
1.0630 on US jobs report confirms upmove fm Nov's
23-month trough of 1.0334 has once again resumed n
present retreat wud yield consolidation b4 prospect
of another rally to 1.0653/63, abv, 1.0683/87 later
Trade fm long side for +1.0640+ n below 1.0567
(Asia) indicates top made, 1.0552/55, 1.0522/25.
|
|
| Rate: |
+1.0590+ |
| Strategy: |
+Stop profit+ |
| Position: |
Long at 1.0510 |
| Objective: |
|
| Stop-Loss: |
+1.0590+ |
| Resistance: |
1.0653/1.0687/1.0727 |
| Support: |
1.0580/1.0552/1.0522 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2705+ |
| Update Time: |
04 Dec 2024 15:45GMT |
Intra-day brief break of y'day's 1.2699 high to
1.2701 suggests pullback fm Mon's 1.2750 high has
possibly ended at 1.2618 Mon n consolidation wud be
seen b4 prospect of another rise to 1.2720/22, then
1.2750 later, break extends uptrend to 1.2770/80.
Buy on dips to 1.2655 for 1.2715 n below 1.2637
(Tue) risks 1.2618, then 1.2595/00, 1.2575/80.
|
|
| Rate: |
+1.2705+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2645+ |
| Objective: |
+1.2705+ |
| Stop-Loss: |
|
| Resistance: |
1.2722/1.2750/1.2770 |
| Support: |
1.2661/1.2630/1.2618 |
| |
| INTRA-DAY USD/JPY OUTOOK - +150.45+ |
| Update Time: |
04 Dec 2024 15:36GMT |
Intra-day break of y'day's 150.23 high suggests
decline fm Nov's 3-1/2 month 156.75 peak has made a
temporary bottom at Tue's 1-1/2 month 148.65 bottom
n stronger retracement to 151.10/20 is likely after
consolidation b4 retreat due to o/bot condition.
Buy on dips to 150.10 for 150.80 or sell at 151.
15 for 150.45. Below 149.87 (Europe), 159.50/55.
|
|
| Rate: |
+150.45+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 151.15+ |
| Objective: |
150.45 |
| Stop-Loss: |
|
| Resistance: |
150.82/151.04/151.22 |
| Support: |
150.16/149.87/149.53 |
| |
| DAILY GBP/JPY OUTLOOK - +188.24+ |
| Update Time: |
03 Dec 2024 14:52GMT |
Intra-day selloff below 188.49 (Mon) to a fresh
2-month 188.10 low in NY signals rencent fall wud
head to 188.05/10 b4 bounce due to loss of momenutm
Trade fm short side for 188.24 next as only abv
190.35/40 risks stronger retracement to 191.25/30.
|
|
| Rate: |
+188.24+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 190.24+ |
| Objective: |
+188.24+ |
| Stop-Loss: |
+Short at 190.24+ |
| Resistance: |
190.37/191.28/191.61 |
| Support: |
188.49/188.05/187.44 |
| |
| INTRA-DAY EUR/USD OUTLOOK - +1.0530+ |
| Update Time: |
03 Dec 2024 09:22GMT |
Euro's intra-day rebound fm 1.0482 (Asia) sig-
nals pullback fm Fri's 1-week 1.0597 peak has pos-
sibly ended at 1.0461 Mon n upside bias remains for
re-test of 1.0597, abv extends upmove fm Nov's 23-
month 1.0333 bottom to 1.0653/63, break, 1.0683.
Trade fm long side for 1.0530 next as only below
1.0458/61 risks weakness to 1.0425/30 later.
|
|
| Rate: |
+1.0530+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.0475 |
| Objective: |
1.0530 |
| Stop-Loss: |
|
| Resistance: |
1.0542/1.0597/1.0609 |
| Support: |
1.0482/1.0458/1.0426 |
| |
| 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 |
| |
|
