| Update Time: |
20 Sep 2024 07:50 |
| Next Update At: |
00:30GMT |
| USD/JPY - 143.58 |
Although yesterday's erratic fall from 143.94 to 141.75 today suggests corrective upmove from Mon's 13-month 139.59 trough has made a temporary top, intra-day rise on BOJ Governor Ueda's comments suggests pullback over, above 143.45/50 would head to 143.94, break, 144.20/22.
On the downside, a daily close below 142.30/35 risks weakness to 142.10/15, then 141.75 again. |
|
| DAILY AUD/USD OUTLOOK - +0.6750+ |
| Update Time: |
08 Oct 2024 01:42GMT |
Despite aud's rise to a 19-month 0.6943 peak
last Mon, subsequent fall to 0.6786 Fri, then 0.67
85 today confirms top made n weakness to 0.6765/70,
then 0.6738/42 wud be seen after consolidation b4
prospect of a rebound due to loss of momentum.
Trade fm short side for 0.6750 n only abv 0.6852
/57 confirms bottom made, risks 0.6875/80 later.
|
|
| Rate: |
+0.6750+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6900 |
| Objective: |
0.6750 |
| Stop-Loss: |
|
| Resistance: |
0.6810/0.6830/0.6854 |
| Support: |
0.6738/0.6693/0.6656 |
| |
| DAILY USD/CAD OUTLOOK - +1.3635+ |
| Update Time: |
08 Oct 2024 01:43GMT |
Usd's rise fm Sep's 6-mth 1.3420 low to 1.3591
Fri suggests temp. bottom made n gain twds 1.3620/
23, then 1.3640/47 wud be seen b4 retreat occurs.
Trade fm long side for 1.3635 after consolida-
tion n elow 1.3545/51 risks 1.3530/35, 1.3508/10.
|
|
| Rate: |
+1.3635+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3495 |
| Objective: |
1.3635 |
| Stop-Loss: |
Long at 1.3495 |
| Resistance: |
1.3623/1.3647/1.3689 |
| Support: |
1.3579/1.3551/1.3532 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.3105+ |
| Update Time: |
04 Oct 2024 12:34GMT |
Y'day's bounce after selloff to a near 3-week
low of 1.3093 suggests decline fm last Thur's 30-
month 1.3434 peak has made a temporary bottom, how-
ever, 1.3170/80 is likely to cap recovery, yield
another fall, below 1.3110/15, 1.3093, 1.3060/70.
Trade fm short side for 1.3105 n only abv 1.3175
/80 risks marginal gain, 1.3205/10 shud hold.
|
|
| Rate: |
+1.3105+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.3165 |
| Objective: |
1.3105 |
| Stop-Loss: |
|
| Resistance: |
1.3140/1.3176/1.3205 |
| Support: |
1.3068/1.3033/1.3003 |
| |
| INTRA-DAY AUD/USD OUTLOOK - +0.6850+ |
| Update Time: |
03 Oct 2024 08:49GMT |
As 0.6915 has capped recovery fm y'day's 0.6857
low, suggesting decline fm Mon's fresh 19-month
0.6943 peak wud head to 0.6835/40 after consolida-
tion, below yields stronger retracement to 0.6815/
17 but 0.6784/94 is likely to hold on 1st testing.
Trade fm short side for 0.6850 next n only abv
0.6915/20 may risk re-test of 0.6943 later.
|
|
| Rate: |
+0.6850+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6900 |
| Objective: |
0.6850 |
| Stop-Loss: |
|
| Resistance: |
0.6875/0.6915/0.6943 |
| Support: |
0.6839/0.6815/0.6784 |
| |
| DAILY EUR/GBP CROSS OUTLOOK - +0.8416+ |
| Update Time: |
03 Oct 2024 08:46GMT |
Intra-day rally on BOE's Governor Bailey's com-
ments (see MMN) n then break of 0.8371 res confirms
MT decline has made a temporary bottom at Tue's 29-
month 0.8311 trough n gain twds 0.8420/25 wud be
seen after consolidation, break, 0.8455/63 later.
Trade fm long side for 0.8416 n only below 0.83
40/45 risks 0.8322/25, then 0.8311 again.
|
|
| Rate: |
+0.8416+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8326 |
| Objective: |
0.8416 |
| Stop-Loss: |
|
| Resistance: |
0.8425/0.8463/0.8478 |
| Support: |
0.8371/0.8345/0.8322 |
| |
| INTRA-DAY EUR/GBP OUTLOOK - +0.8376+ |
| Update Time: |
03 Oct 2024 06:34GMT |
Despite euro's marginal break of 0.8313 (Mon) to
a fresh near 2-1/2 year bottom at 0.8311 in NY Tue,
subsequent bounce to 0.8345 signals LT decline has
made a temporary low there n retracement to 0.8371/
79 wud be seen but abv needed for gain to 0.8386/92
Trade fm long side for 0.8376 next as only below
0.8311 risks one more fall to 0.8290/95 later.
|
|
| Rate: |
+0.8376+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8326 |
| Objective: |
0.8376 |
| Stop-Loss: |
|
| Resistance: |
0.8371/0.8386/0.8407 |
| Support: |
0.8311/0.8291/0.8274 |
| |
| DAILY USD/CHF OUTLOOK - +0.8535+ |
| Update Time: |
03 Oct 2024 06:33GMT |
Despite dlr's erratic fall fm last Mon's 0.8518
high to 0.8402 Fri, subsequent rise to 0.8482 y'day
suggests pullback has ended n as 0.8432 has con-
tained downside, upside bias remains, abv 0.8518
yields re-test of Sep's 0.8549 top, abv, 0.8561/66.
Trade fm long side for 0.8535 n only below 0.84
20/25 risks 0.8402 but 0.8376 (Sep) shud hold.
|
|
| Rate: |
+0.8535+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8445 |
| Objective: |
0.8535 |
| Stop-Loss: |
|
| Resistance: |
0.8518/0.8549/0.8561 |
| Support: |
0.8450/0.8432/0.8423 |
| |
| DAILY NZD/USD OUTLOOK - +0.6255+ |
| Update Time: |
03 Oct 2024 01:41GMT |
As 0.6313 has capped recovery fm y'day's 0.6265
low, suggesting fall fm Mon's 14-mth 0.6379 peak
wud head to 0.6253/55, then 0.6210/20 b4 rebound.
Trade fm short side for 0.6255 n only abv 0.6320
/25 risks 0.6237/40, break, 0.6355/60 later.
|
|
| Rate: |
+0.6255+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6370 |
| Objective: |
+0.6255+ |
| Stop-Loss: |
Short at 0.6370 |
| Resistance: |
0.6324/0.6337/0.6355 |
| Support: |
0.6253/0.6210/0.6177 |
| |
| INTRA-DAY USD/CHF OUTLOOK - +0.8505+ |
| Update Time: |
02 Oct 2024 13:08GMT |
As dlr has rebounded after y'day's retreat fm
0.8482 to 0.8432, suggesting pullback fm last Mon's
0.8518 high has ended at 0.8402 Fri n consolidation
wud be seen b4 re-test of 0.8518, break wud head to
0.8530/35, then 0.8549 (Sep), abv, 0.8561/66 later.
Trade fm long side for 0.8505 n only below 0.84
20/25 risks 0.8402, then possibly 0.8392/95.
|
|
| Rate: |
+0.8505+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8445 |
| Objective: |
0.8505 |
| Stop-Loss: |
|
| Resistance: |
0.8482/0.8493/0.8518 |
| Support: |
0.8432/0.8423/0.8402 |
| |
| INTRA-DAY AUD/USD OUTLOOK - +0.6870+ |
| Update Time: |
01 Oct 2024 16:44GMT |
As 0.6934 has capped recovery fm y'day's NY low
of 0.6899, suggesting MT upmove has made a temp.
top at Mon's fresh 19-month 0.6943 peak n stronger
retracement to 0.6858/63 wud be seen after consoli-
dation, break yields 0.6835/40, then 0.6815/20.
Trade fm short side for 0.6880 n only abv 0.6934
risks re-test of 0.6943, break, 0.6960/70 b4 down.
|
|
| Rate: |
+0.6870+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6940 |
| Objective: |
+0.6870+ |
| Stop-Loss: |
|
| Resistance: |
0.6914/0.6943/0.6960 |
| Support: |
0.6863/0.6840/0.6815 |
| |
| INTRA-DAY EUR/USD OUTLOOK - +1.1095+ |
| Update Time: |
23 Sep 2024 08:06GMT |
Intra-day fall fm 1.1167 suggests corrective
upmove fm Sep's 1.1002 low has made a temporary top
at 1.1189 last Wed, below 1.1115/17 wud confirm
this view n yield weakness to 1.1097/00, below wud
head to 1.1069/71, break, 1.1050/54 b4 rebound.
Trade fm short side for 1.1105 n only abv 1.1170
/75 may risk 1.1189/90, abv, 1.1201 (Aug).
|
|
| Rate: |
+1.1095+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.1165 |
| Objective: |
+1.1095+ |
| Stop-Loss: |
|
| Resistance: |
1.1167/1.1190/1.1201 |
| Support: |
1.1115/1.1097/1.1069 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.3220+ |
| Update Time: |
20 Sep 2024 04:48GMT |
Cable's intra-day retreat after break of y'day's
1.3298 high to a fresh 29-month 1.3314 peak due to
US data suggests temporary top is possibly made n
below 1.3255/60 wud yield stronger retracement to
1.3217/20, break needed for 1.3195/00 later.
Trade fm short side for 1.3220 n only abv 1.3270
/75 risks gain to 1.3295/00, then 1.3314 again.
|
|
| Rate: |
+1.3220+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.3295+ |
| Objective: |
+1.3220+ |
| Stop-Loss: |
|
| Resistance: |
1.3240/1.3261/1.3290 |
| Support: |
1.3217/1.3200/1.3186 |
| |
| DAILY USD/JPY OUTLOOK - +143.00+ |
| Update Time: |
19 Sep 2024 14:26GMT |
As 142.05 has contained intra-day fall fm 143.
94, suggesting pullback has possibly ended, abv
143.45/50 wud add credence to this view n yield re-
test of 143.94, break extends upmove fm Mon's 13-
mth 139.59 trough to 144.20/22, 44.65/75 shud hold.
Trade fm long side for 144.00 n only below 142.
05 risks 141.89 (AUS), below, 141.35/45 b4 bounce.
|
|
| Rate: |
+143.00+ |
| Strategy: |
+Stop profit+ |
| Position: |
Long at 142.20 |
| Objective: |
|
| Stop-Loss: |
+143.00+ |
| Resistance: |
143.29/143.55/143.94 |
| Support: |
142.63/142.40/142.05 |
| |
| INTRA-DAY USD/JPY OUTOOK - +143.40+ |
| Update Time: |
19 Sep 2024 12:34GMT |
Intra-day fall fm 143.94 suggests corrective up-
move fm Mon's 13-month trough of 139.59 has made a
temporary top n present strong bounce fm 142.05 has
retained bullish view, abv 143.25/30 wud head to
143.45/50, break yields re-test of 143.94 later.
Trade fm long side for 143.40 n only below 141.
89 (AUS) risks weakness to 141.45/50 b4 rebound.
|
|
| Rate: |
+143.40+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 142.20 |
| Objective: |
143.40 |
| Stop-Loss: |
|
| Resistance: |
143.48/143.94/144.22 |
| Support: |
142.63/142.40/142.05 |
| |
| INTRA-DAY EUR/CHF OUTLOOK - +0.9450+ |
| Update Time: |
19 Sep 2024 09:14GMT |
Despite euro's retreat fm 0.9417 to 0.9382 in
Europe Wed, subsequent bounce n intra-day break of
last Thur's 0.9433 high signals rise fm Sep's 0.93
08 low wud re-test 0.9445/49 area, break wud extend
twd 0.9500/05 b4 prospect of correction later.
Trade fm long side for 0.9450 next as only below
0.9400/05 risks weakness to 0.9371/79.
|
|
| Rate: |
+0.9450+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9390 |
| Objective: |
0.9450 |
| Stop-Loss: |
|
| Resistance: |
0.9474/0.9501/0.9521 |
| Support: |
0.9401/0.9371/0.9329 |
| |
| INTRA-DAY EUR/JPY OUTLOOK - +159.50+ |
| Update Time: |
19 Sep 2024 09:06GMT |
Euro's rally fm 157.06 to a fresh 1-week peak at
158.37 in NY Wed n intra-day break there signals nr
term corrective rise fm Sep's 1-month 155.16 wud ex
tend twd 159.75/80 but 160.00 handle may hold n
yield retreat due to loss of upward momentum.
Trade fm long side for 159.50 next as only below
158.80/85 risks weakness 158.60/65 later.
|
|
| Rate: |
+159.50+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 158.50 |
| Objective: |
159.50 |
| Stop-Loss: |
|
| Resistance: |
159.78/159.97/160.59 |
| Support: |
158.81/158.62/158.37 |
| |
| DAILY EUR/USD OUTLOOK - +1.1075+ |
| Update Time: |
19 Sep 2024 02:36GMT |
Despite y'day's brief jump to 1.1189 on Fed's 50
bps rate cute, subsequent fall to 1.1098 due to
Chairman Powell's remarks suggests choppy trading
below Aug's 13-month 1.1201 peak wud continue with
downside bias for weakness to 1.1071/75, 1.1050/54.
Trade fm short side for 1.1075 n only abv 1.11
45/50 risks gain to 1.1165/70, then 1.1189/90.
|
|
| Rate: |
+1.1075+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.1185 |
| Objective: |
1.1075 |
| Stop-Loss: |
|
| Resistance: |
1.1124/1.1149/1.1167 |
| Support: |
1.1071/1.1054/1.1026 |
| |
| DAILY USD/CHF OUTLOOK - +0.8510+ |
| Update Time: |
19 Sep 2024 02:37GMT |
Despite y'day's brief fall to 0.8392 on Fed's
50 bps rate cut, subsequent rally on Chairman Po-
well's comments suggests choppy trading abv Sep's
8-month 0.8376 trough wud be seen for gain to 0.85
10 target but 0.8515/20 shud hold on 1st testing.
Trade fm long side for 0.8510 n only below 0.84
30/35 indicates recovery over, risks 0.8392 again.
|
|
| Rate: |
+0.8510+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8405 |
| Objective: |
0.8510 |
| Stop-Loss: |
|
| Resistance: |
0.8494/0.8515/0.8549 |
| Support: |
0.8433/0.8392/0.8376 |
| |
| INTRA-DAY USD/CHF OUTLOOK - +0.8470+ |
| Update Time: |
18 Sep 2024 19:56GMT |
Intra-day rally after a brief drop to 0.8392 on
Fed's Powell's comments (see MMN) suggests choppy
trading abv Sep's 8-month 0.8376 trough wud conti-
nue with upside bias for gain to 0.8476 (Tue), a
firm break wud head to 0.8494/00, 0.8515/20 b4 down
Trade fm long side for 0.8470 n only below 0.84
25/33 may risk weakness back to 0.8392 later.
|
|
| Rate: |
+0.8470+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 0.8405+ |
| Objective: |
+0.8470+ |
| Stop-Loss: |
|
| Resistance: |
0.8494/0.8515/0.8549 |
| Support: |
0.8433/0.8392/0.8376 |
| |
| INTRA-DAY AUD/USD OUTLOOK - +0.6755+ |
| Update Time: |
18 Sep 2024 19:58GMT |
Intra-day fall fm 0.6820 in post-Fed's 50 bps
rate cut decision on Chairman Powell's comments sug
gests choppy trading below Aug's 7-1/2 month 0.6824
peak wud continue with downside bias for weakness
to 0.6742/45, break, 0.6720/25, then 0.6693/97.
Trade fm short side for 0.6755 n only abv 0.6800
/05 may risk gain back to 0.6820/24 later.
|
|
| Rate: |
+0.6755+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.6815+ |
| Objective: |
+0.6755+ |
| Stop-Loss: |
|
| Resistance: |
0.6784/0.6805/0.6820 |
| Support: |
0.6732/0.6721/0.6693 |
| |
| DAILY USD/JPY OUTLOOK - +142.50+ |
| Update Time: |
18 Sep 2024 19:59GMT |
Despite dlr's intra-day quick selloff to 140.44
on Fed's 50 bps rate cut decision, subsequent rise
on Chairman Powell's comments suggests choppy trad-
ing abv Mon's 13-month 139.59 trough wud continue
with upside bias for gain to 142.47 (Tue),142.60/66
Trade fm long side for 142.50 next n only below
141.40/50 risks weakness to 141.05/10 later.
|
|
| Rate: |
+142.50+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 140.50+ |
| Objective: |
+142.50+ |
| Stop-Loss: |
|
| Resistance: |
142.71/143.04/143.40 |
| Support: |
142.06/141.50/141.07 |
| |
| DAILY GBP/USD OUTLOOK - +1.3180+ |
| Update Time: |
18 Sep 2024 19:55GMT |
Despite cable's break of Aug's 1.3266 high to a
fresh 29-month 1.3298 peak on Fed's 50 bps rate cut
decision, intra-day fall on Chairman Powell's com-
ments signals top made n price wud head to 1.3170/
80 after consolidation, break, 1.3147/50 later.
Trade fm short side for 1.3180 n only abv 1.3270
/75 risks 1.3298/99, abv, 1.3315/20 b4 retreat.
|
|
| Rate: |
+1.3180+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.3280+ |
| Objective: |
+1.3180+ |
| Stop-Loss: |
|
| Resistance: |
1.3246/1.3275/1.3299 |
| Support: |
1.3171/1.3147/1.3115 |
| |
| INTRA-DAY EUR/USD OUTLOOK - +1.1110+ |
| Update Time: |
18 Sep 2024 19:51GMT |
Intra-day fall after a brief jump to a 3-week
high of 1.1189 on Fed's Powell's comments suggests
corrective upmove fm last Wed's 1.1002 trough has
made a temporary top n weakness to 1.1105/10 wud
be seen after consolidation, below, 1.1071/75.
Trade fm short side for 1.1110 n only abv 1.1165
/70 risks 1.1189/90, break, 1.1201 (Aug).
|
|
| Rate: |
+1.1110+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.1185+ |
| Objective: |
+1.1110+ |
| Stop-Loss: |
|
| Resistance: |
1.1149/1.1167/1.1190 |
| Support: |
1.1109/1.1071/1.1054 |
| |
| 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 |
| |
|
