| Update Time: |
09 Feb 2023 08:46 |
| Next Update At: |
00:30GMT |
| USD/JPY - 130.98 |
Despite dollar's rise from Tue's 130.48 low and intra-day brief break of 131.70/75 resistance to 131.82, subsequent sharp fall on renewed usd's weakness suggests downside bias would be seen but below 130.70/75 needed to bring re-test of 130.48, break, 130.00/10 later.
On the upside, a daily close above 131.50/53 is needed to
indicate pullback over and yield stronger gain back to 131.82, break, 132.20/24. |
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8867+ |
| Update Time: |
09 Feb 2023 07:11GMT |
Euro's selloff to 0.8898 (Fri) n y'day's break
there to 0.8873 signals recent upmove has made a
temporary top at Fri's 4-month peak at 0.8979 n
stronger retracement to 0.8852 wud be seen, reckon
0.8830/34 may remain intact, yield rebound.
Trade fm short side for 0.8867 1st as only abv
0.8920 suggests low made instead, 0.8940 later.
|
|
| Rate: |
+0.8867+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.8907 |
| Objective: |
0.8867 |
| Stop-Loss: |
|
| Resistance: |
0.8911/0.8920/0.8940 |
| Support: |
0.8873/0.8852/0.8834 |
| |
| INTRA-DAY EUR/JPY OUTLOOK - +141.30+ |
| Update Time: |
09 Feb 2023 06:09GMT |
Although euro's intra-day brief rise abv 141.03
(Wed) to 141.24 in Asia on active selling in yen
suggests choppy trading abv 139.94 (Fri) wud contin
ue, subsequent retreat wud yield consolidation b4
up n abv 141..24 wud head twd 141.50/55 b4 retreat.
Turn cautious buyer to 140.80 for 141.30 1st as
only below 140.66 may risk weakness twd 140.29.
|
|
| Rate: |
+141.30+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 140.80+ |
| Objective: |
141.30 |
| Stop-Loss: |
|
| Resistance: |
141.24/141.52/142.10 |
| Support: |
140.66/140.29/139.94 |
| |
| DAILY AUD/JPY CROSS OUTLOOK - +91.00+ |
| Update Time: |
07 Feb 2023 16:01GMT |
Intra-day retreat fm 91.95 (Asia) suggests the
recovery fm Fri's 90.43 bottom has possibly ended n
below 91.23 wud yield weakness twd 90.97 later.
Trade fm short side for 91.00 1st as only abv
91.95 wud risk one more rise twd 92.23, 92.81.
|
|
| Rate: |
+91.00+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 91.90 |
| Objective: |
91.00 |
| Stop-Loss: |
Short at 91.90 |
| Resistance: |
91.95/92.23/92.81 |
| Support: |
91.23/90.97/90.43 |
| |
| * INTRA-DAY EUR/CHF OUTLOOK - +0.9930+ |
| Update Time: |
07 Feb 2023 09:49GMT |
Euro's selloff below 0.9955/60 sup to 0.9942 in
Europe Mon suggests recovery fm last Thur's 0.9935
low has ended at 1.0033 Fri n as 0.9980 (NY) has
contained recovery, bearishness remains n below
0.9935 wud extend fall fm 1.0069 twd 0.9921 later.
Trade fm short side for 0.9930 1st n only abv
1.0000/10 wud risk gain back to 1.0030/33.
|
|
| Rate: |
+0.9930+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9980 |
| Objective: |
0.9930 |
| Stop-Loss: |
|
| Resistance: |
0.9980/1.0002/1.0033 |
| Support: |
0.9921/0.9890/0.9876 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2025+ |
| Update Time: |
06 Feb 2023 15:41GMT |
Cable's intra-day rebound after gap-down open to
a 4-week low at 1.2031 (AUS) suggests decline fm
Jan's 7-month 1.2447 peak has possibly made a temp.
bottom there n as 1.2077 has capped upside ahead of
NY open, daily bearishness remains.
Remain as cautious seller for 1.2015 1st n only
abv 1.2100/10 wud risk gain to 1.2147.
|
|
| Rate: |
+1.2025+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2075 |
| Objective: |
+1.2025+ |
| Stop-Loss: |
|
| Resistance: |
1.2077/1.2102/1.2147 |
| Support: |
1.2022/1.1993/1.1948 |
| |
| WEEKLY NZD/USD OUTLOOK - +0.6300+ |
| Update Time: |
06 Feb 2023 10:48GMT |
Nzd's fall fm 0.6525 last Tue after failure to
re-test Jan's 7-month 0.6530 peak suggests top is
made n below 0.6366 (reaction low), 0.6290/00 later
Sell on recovery to 0.6500 for 0.6300 n only abv
0.6530 risks 0.6570/80 but 0.6700 wud cap upside.
|
|
| Rate: |
+0.6300+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.6500+ |
| Objective: |
0.6300 |
| Stop-Loss: |
+Short at 0.6500+ |
| Resistance: |
0.6359/0.6414/0.6481 |
| Support: |
0.6258/0.6192/0.6156 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2074+ |
| Update Time: |
03 Feb 2023 17:06GMT |
Cable's selloff in post-NFP on usd's broad-
based rally signals decline fm Jan's 7-month peak
at 1.2447 remains in progress n further weakness
to 1.2040/50 wud be seen, reckon 1.2021 may remain
intact due to o/sold condition.
Trade fm short side for this move n only abv
1.2147 wud risk stronger gain to 1.2184.
|
|
| Rate: |
+1.2074+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 1.2125 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
1.2147/1.2184/1.2265 |
| Support: |
1.2063/1.2021/1.2000 |
| |
| INTRA-DAY AUD/USD OUTLOOK - +0.6953+ |
| Update Time: |
03 Feb 2023 15:03GMT |
Aud's current selloff on usd's broad-based rally
post-NFP signals decline fm y'day's 7-1/2 month
peak at 0.7158 remains in progress n further weak-
ness to 0.6948 wud be seen, however, o/sold condi-
tion wud keep price abv 0.6907.
Trade fm short side for this move n only abv
0.7072 wud risk stronger gain to 0.7093.
|
|
| Rate: |
+0.6953+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.7003 |
| Objective: |
0.6953 |
| Stop-Loss: |
|
| Resistance: |
0.7072/0.7093/0.7105 |
| Support: |
0.6963/0.6948/0.6907 |
| |
| INTRA-DAY USD/JPY OUTOOK - +130.70+ |
| Update Time: |
03 Feb 2023 15:00GMT |
Dlr's surge on robust US jobs report to 130.20
strongly suggests nr term decline has ended at 128.
09 y'day n present pullback wud bring range trading
in NY morning b4 prospect of another rise twds 130.
57 later today, reckon 130.80/90 may hold.
Look to buy again on dips for this move n only
below 129.12 wud risk weakness to 128.91.
|
|
| Rate: |
+130.70+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 130.10+ |
| Objective: |
+130.70+ |
| Stop-Loss: |
|
| Resistance: |
130.20/130.57/131.11 |
| Support: |
129.12/128.91/128.26 |
| |
| INTRA-DAY USD/CHF OUTLOOK - +0.9237+ |
| Update Time: |
03 Feb 2023 14:28GMT |
Dlr's current surge on blockbuster US NFP data
signals upmove fm y'day's fresh 17-month bottom at
0.9061 has resumed n further gain to 0.9239 wud be
seen, however, o/bot condition wud keep price be-
low res at 0.9288 n yield retreat.
Trade fm long side for this move n only below
0.9167 wud risk weakness to 0.9123.
|
|
| Rate: |
+0.9237+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9187 |
| Objective: |
0.9237 |
| Stop-Loss: |
|
| Resistance: |
0.9239/0.9288/0.9316 |
| Support: |
0.9167/0.9123/0.9106 |
| |
| INTRA-DAY USD/JPY OUTOOK - +129.81+ |
| Update Time: |
03 Feb 2023 13:43GMT |
Dlr's current surge on robust US jobs report sig
nals corrective rise fm y'day's 2-week bottom at
128.09 to retrace nr term decline fm 131.11 wud
head to 130.10/20 after consolidation, reckon 130.
57 wud remain intact, yield retreat later.
Venture buying at market for this move n only
below 128.91 wud risk weakness to 128.26.
|
|
| Rate: |
+129.81+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 129.21+ |
| Objective: |
129.81 |
| Stop-Loss: |
|
| Resistance: |
129.86/130.57/131.11 |
| Support: |
128.91/128.26/128.09 |
| |
| DAILY USD/SGD OUTLOOK - +1.3155+ |
| Update Time: |
03 Feb 2023 13:44GMT |
Y'day's bounce fm an 8-year 1.3033 low signals
temp. low possibly made, firm break abv 1.3150/55
wud yield strg retracement twd 1.3180 later.
Trade fm long side for 1.3135 n only below 1.30
80 may suggests recovery over, risk 1.3050/55.
|
|
| Rate: |
+1.3155+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3055 |
| Objective: |
1.3155 |
| Stop-Loss: |
Long at 1.3055 |
| Resistance: |
1.3151/1.3180/1.3235 |
| Support: |
1.3080/1.3055/1.3033 |
| |
| DAILY USD/CAD OUTLOOK - +1.3399+ |
| Update Time: |
03 Feb 2023 13:35GMT |
Y'day's rise fm a fresh 2-month 1.3263 low to
1.3347 suggests temp. bottom made n gain to 1.3375
/80 wud be seen, break needed for 1.3420/25.
Trade fm long side for 1.3379 n only below 1.32
95/00 may risk weakness back to 1.3263/67.
|
|
| Rate: |
+1.3399+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3279 |
| Objective: |
+1.3399+ |
| Stop-Loss: |
Long at 1.3279 |
| Resistance: |
1.3380/1.3428/1.3471 |
| Support: |
1.3297/1.3263/1.3250 |
| |
| DAILY NZD/USD OUTLOOK - +0.6428+ |
| Update Time: |
03 Feb 2023 13:34GMT |
Y'day's fall fm a near 8-mth 0.6538 high to 0.64
64 suggests top made n weakness to 0.6414/20 wud be
seen after consolidation, break, 0.6362/66 b4 up.
Trade fm short side for 0.6428 n only abv 0.6510
/15 may risk re-test of 0.6538 which shud hold.
|
|
| Rate: |
+0.6428+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6528 |
| Objective: |
0.6428 |
| Stop-Loss: |
Short at 0.6528 |
| Resistance: |
0.6514/0.6538/0.6575 |
| Support: |
0.6461/0.6414/0.6366 |
| |
| DAILY AUD/USD OUTLOOK - +0.7015+ |
| Update Time: |
03 Feb 2023 13:32GMT |
Despite aud's resumption of MT upmove to a fresh
7-1/2 month 0.7158 y'day, subsequent anticipated
fall to 0.7069 in NY on renewed usd's strength,
then lower today suggests top made n weakness to
0.7037/40 wud be seen but 0.6984/94 shud hold.
Trade fm short side for 0.7040 next n only abv
0.7100/05 prolongs choppy swings, 0.7115/25 b4 down
|
|
| Rate: |
+0.7015+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.7150 |
| Objective: |
+0.7015+ |
| Stop-Loss: |
|
| Resistance: |
0.7093/0.7117/0.7144 |
| Support: |
0.7037/0.6984/0.6963 |
| |
| DAILY USD/CHF OUTLOOK - +0.9180+ |
| Update Time: |
03 Feb 2023 13:32GMT |
Despite dlr's resumption of MT decline to a
fresh 17-month trough at 0.9061 y'day, subsequent
anticipated rise to 0.9140 in NY, then higher today
suggests temp. low is in place n gain to 0.9180/83
wud be seen after consolidation, abv, 0.9200/05.
Trade fm long side for 0.9180 n only below 0.91
05/10 risks weakness to 0.9080/85, 0.9061 shud hold
|
|
| Rate: |
+0.9180+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9070 |
| Objective: |
0.9180 |
| Stop-Loss: |
|
| Resistance: |
0.9183/0.9201/0.9240 |
| Support: |
0.9106/0.9081/0.9061 |
| |
| DAILY USD/JPY OUTLOOK - +129.50+ |
| Update Time: |
03 Feb 2023 13:31GMT |
As y'day's volatile swings ended with rebound
fm 128.09 (NY) to 128.82 today, suggesting near
term decline has made a temporary low n abv 129.12
(Thur European high) wud bring stronger retracement
to 129.65 (61.8% r of 130.61-128.09) b4 retreat.
Trade fm long side for 129.50 n only below 128.
09 risks marignal fall, 127.77/80 shud hold.
|
|
| Rate: |
+129.50+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 128.50 |
| Objective: |
129.50 |
| Stop-Loss: |
|
| Resistance: |
129.12/129.35/129.86 |
| Support: |
128.09/127.77/127.23 |
| |
| DAILY GBP/JPY CROSS OUTLOOK - +157.05+ |
| Update Time: |
03 Feb 2023 00:26GMT |
Y'day's selloff below 158.92 (Wed) to a 2-week
157.20 bottom in NY signals nr term fall fm Jan's
161.80 peak wud head twd 157.05/10, break, 156.40.
Trade fm short side for this move as only abv
158.15/20 wud risk strg retrace. twd 158.66.
|
|
| Rate: |
+157.05+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 157.85 |
| Objective: |
157.05 |
| Stop-Loss: |
Short at 157.85 |
| Resistance: |
157.57/158.18/158.66 |
| Support: |
157.08/156.40/156.19 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2260+ |
| Update Time: |
02 Feb 2023 15:05GMT |
Cable's current retreat after a brief spike up
to 1.2391 on BoE's expected rate hike signals
price wud continue to gyrate below Jan's 7-month
peak at 1.2447 n weakness to 1.2264 wud be seen
after consolidation, reckon 1.2247 shud hold.
Look to sell again on recovery for this move n
only abv 1.2345 wud risk gain to 1.2397/00.
|
|
| Rate: |
+1.2260+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.2315+ |
| Objective: |
+1.2260+ |
| Stop-Loss: |
|
| Resistance: |
1.2345/1.2400/1.2417 |
| Support: |
1.2264/1.2247/1.2170 |
| |
| DAILY EUR/USD OUTLOOK - +1.0910+ |
| Update Time: |
02 Feb 2023 15:03GMT |
Despite euro's rally in post-FOMC NY Wed to a
near 10-month high of 1.1033 (AUS) today, loss of
momentum n intra-day retreat suggests temporary top
is in place n weakness to 1.0924/29 wud be seen
after consolidation b4 prospect of rebound later.
Turn cautious seller at 1.1010 for 1.0930 as
only abv 1.1033 risks 1.1070/75, 1.1095/00 wud hold
|
|
| Rate: |
+1.0910+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.1010+ |
| Objective: |
+1.0910+ |
| Stop-Loss: |
|
| Resistance: |
1.0966/1.1003/1.1033 |
| Support: |
1.0890/1.0852/1.0803 |
| |
| INTRA-DAY EUR/USD OUTLOOK - +1.0905+ |
| Update Time: |
02 Feb 2023 15:00GMT |
Euro's current selloff on ECB Lagarde's comments
signals MT upmove has made a temp. top at Asian
fresh 9-month peak at 1.1033 n consolidation with
downside bias remains for stronger retracement twds
1.0900/05, reckon 1.0852 shud remain intact.
Look to sell again on recovery for this move n
only abv 1.0980/90 wud risk re-test of 1.1033.
|
|
| Rate: |
+1.0905+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.0955+ |
| Objective: |
1.0905 |
| Stop-Loss: |
|
| Resistance: |
1.0966/1.1033/1.1072 |
| Support: |
1.0890/1.0852/1.0834 |
| |
| INTRA-DAY USD/CHF OUTLOOK - +0.9120+ |
| Update Time: |
02 Feb 2023 14:56GMT |
Despite dlr's break of Jan's 0.9086 low to a
fresh 17-month bottom of 0.9061 today, current
bounce signals MT decline has possibly made a temp.
low there n retracement to 0.9120, then 0.9138 wud
be seen, reckon res 0.9183 wud hold.
Remain as cautious buyer for 0.9120 1st n only
below 0.9061 wud risk weakness to 0.9033.
|
|
| Rate: |
+0.9120+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9070 |
| Objective: |
0.9120 |
| Stop-Loss: |
|
| Resistance: |
0.9138/0.9183/0.9200 |
| Support: |
0.9061/0.9033/0.9019 |
| |
| INTRA-DAY AUD/USD OUTLOOK - +0.7100+ |
| Update Time: |
02 Feb 2023 14:53GMT |
Aud's retreat fm intra-day fresh 7-1/2 month
high of 0.7158 (AUS) suggests MT upmove has possi-
bly made a temporary top, below 0.7115/20 wud add
credence to this view n head to 0.7090/93, however,
reckon 0.7038/43 wud remain intact.
Remain as cautious seller for this move n only
abv 0.7158 wud risk gain to 0.7170.
|
|
| Rate: |
+0.7100+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.7150 |
| Objective: |
0.7100 |
| Stop-Loss: |
|
| Resistance: |
0.7158/0.7170/0.7200 |
| Support: |
0.7093/0.7040/0.6984 |
| |
| * INTRA-DAY EUR/CHF OUTLOOK - +0.9950+ |
| Update Time: |
02 Feb 2023 14:44GMT |
Euro's intra-day fall after ECB raised rates by
50 bps as expected suggests recovery fm Tue's 0.99
45 low has ended at 1.0008 y'day n re-test of said
sup wud be seen after consolidation, break extends
decline fm last Wed's 1.0069 high to 0.9920/25.
Trade fm short side for 0.9950 n only abv 0.9975
/80 indicates low made, risks 1.1000/08 b4 down.
|
|
| Rate: |
+0.9950+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.0000 |
| Objective: |
0.9950 |
| Stop-Loss: |
|
| Resistance: |
0.9976/1.0008/1.0039 |
| Support: |
0.9921/0.9890/0.9876 |
| |
| INTRA-DAY EUR/USD OUTLOOK - +1.0950+ |
| Update Time: |
02 Feb 2023 13:58GMT |
Euro's intra-day retreat fm a near 10-month high
at 1.1033 suggests MT upmove has possibly made a
temporary top n retrace. to 1.0955/60 wud be seen
after consolidation but 1.0924/29 may contain down-
side, yield another rebound later today.
Remain as cautious seller for 1.0960 1st n only
abv 1.1033 risks marginal gain to 1.1070/75 b4 down
|
|
| Rate: |
+1.0950+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.1010 |
| Objective: |
+1.0950+ |
| Stop-Loss: |
|
| Resistance: |
1.1033/1.1072/1.1100 |
| Support: |
1.0964/1.0929/1.0852 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2340+ |
| Update Time: |
02 Feb 2023 09:30GMT |
Despite cable's rally fm 1.2274 in post-FOMC NY
to 1.2395, then 1.2400 today, subsequent sharp re-
treat on usd's broad-based rebound signals further
choppy swings below Jan's 7-month peak at 1.2447
wud continue with downside bias, 1.2304.
Trade fm short side for this move n only abv
1.2400 wud risk gain twds 1.2417, 1.2430.
|
|
| Rate: |
+1.2340+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2390 |
| Objective: |
1.2340 |
| Stop-Loss: |
|
| Resistance: |
1.2400/1.2417/1.2447 |
| Support: |
1.2347/1.2304/1.2274 |
| |
| INTRA-DAY USD/CHF OUTLOOK - +0.9077+ |
| Update Time: |
01 Feb 2023 20:38GMT |
Dlr's current selloff fm 0.9183 in hectic post-
FOMC trading on Powell's comments signals a re-test
of Jan's 17-month bottom at 0.9086 wud be seen,
break wud extend MT decline twds 0.9050 later b4
prospect of correction due to o/sold condition.
Trade fm short side for this move n only abv
0.9138 wud risk stronger gain twds 0.9183.
|
|
| Rate: |
+0.9077+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9127 |
| Objective: |
0.9077 |
| Stop-Loss: |
|
| Resistance: |
0.9138/0.9183/0.9191 |
| Support: |
0.9086/0.9050/0.9000 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2390+ |
| Update Time: |
01 Feb 2023 20:07GMT |
Cable's current rally fm 1.2274 in hectic post-
FOMC trading on Powell's comments signals early
correction fm Jan's 7-month peak at 1.2447 has end-
ed at 1.2264 last Tue n gain to 1.2398 is seen, how
ever, 1.2413 may remain intact today.
Trade fm long side for this move n only below
1.2304 wud risk weakness to 1.2274.
|
|
| Rate: |
+1.2390+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2340 |
| Objective: |
1.2390 |
| Stop-Loss: |
|
| Resistance: |
1.2398/1.2413/1.2447 |
| Support: |
1.2347/1.2304/1.2274 |
| |
| INTRA-DAY EUR/JPY OUTLOOK - +141.20+ |
| Update Time: |
01 Feb 2023 13:54GMT |
Euro's selloff fm 141.97 to as low as 140.75 Tue
signals choppy trading below last Wed's fresh near
2-week peak at 142.29 wud continue, as 141.83 has
capped intra-day bounce, daily bearishness is re-
tained, below 141.08 wud head to 140.75.
Trade fm short side for 141.20 1st as only abv
141.97 may risk stronger gain twd 142.29.
|
|
| Rate: |
+141.20+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 141.80 |
| Objective: |
141.20 |
| Stop-Loss: |
|
| Resistance: |
141.83/141.97/142.29 |
| Support: |
141.08/140.75/140.56 |
| |
|
