Update Time: |
30 Mar 2023 01:39 |
Next Update At: |
08:30GMT |
EUR/USD - 1.0832 |
Despite euro's selloff from last Thur's 1-1/2 month peak at 1.0929 to as low as 1.0714 Fri, subsequent rally to 1.0871 yesterday signals the correction has ended and subsequent retreat would bring range trading before another rise, above 1.0871 would yield gain to 1.0907/10 later. On the downside, only a daily close below 1.0776 wouldrisk weakness to 1.0742. |
|
DAILY EUR/JPY CROSS OUTLOOK - +144.10+ |
Update Time: |
30 Mar 2023 08:52GMT |
Although euro's retreat fm y'day's 13-day high at 144.10 n then intra-day brief drop to 143.15 in European morning suggests recent upmove has made a temp. top there, subsequent strong bounce has re- tained bullishness n abv 144.10, 144.96 later.
Trade fm long side for 144.10 1st as only below 143.50/55 wud risk strg retracement twd 143.15.
|
|
Rate: |
+144.10+ |
Strategy: |
+Target met+ |
Position: |
Long at 143.30 |
Objective: |
144.10 |
Stop-Loss: |
|
Resistance: |
144.10/144.78/144.96 |
Support: |
143.51/143.15/142.74 |
|
INTRA-DAY EUR/JPY OUTLOOK - +144.10+ |
Update Time: |
30 Mar 2023 08:52GMT |
Euro's retreat after y'day's rise abv last Wed's 143.62 high to a 13-day 144.10 peak suggests recent upmove fm Mar's 138.83 trough has made a temporary top, however, reckon 143.19/25 shud contain down- side, yield another rise, abv 144.10, 144.75/80.
Trade fm long side for 143.90 1st as only below 143.15 wud signal temp. top n risk 142.70/75.
|
|
Rate: |
+144.10+ |
Strategy: |
+Target met+ |
Position: |
Long at 143.30 |
Objective: |
+144.10+ |
Stop-Loss: |
|
Resistance: |
144.10/144.78/144.96 |
Support: |
143.15/143.09/142.74 |
|
INTRA-DAY EUR/JPY OUTLOOK - +143.90+ |
Update Time: |
29 Mar 2023 23:29GMT |
Although price has retreated after intra-day rally on active selling in jpy n break abv prev. res at 143.62 to 143.91 signals range trading wud be seen, as said move signals erratic upmove fm 138.83 (Mar) has resumed, upside bias is retained.
Remain as cautious buyer for 143.90 1st n only below 143.09 wud risk weakness to 142.60.
|
|
Rate: |
+143.90+ |
Strategy: |
+Target met+ |
Position: |
Long at 143.30 |
Objective: |
143.90 |
Stop-Loss: |
|
Resistance: |
143.91/144.00/144.27 |
Support: |
143.09/142.60/142.22 |
|
DAILY AUD/JPY CROSS OUTLOOK - +88.70+ |
Update Time: |
29 Mar 2023 23:25GMT |
Intra-day rally abv 87.88 (Tue) suggests nr term rise fm Fri's 1-year bottom at 86.07 wud extend twd 88.70/75 but reckon 88.99 shud hold n yield retreat
Trade fm long side for this move as only below 87.50/55 may signal temp. top and risk 87.16 later.
|
|
Rate: |
+88.70+ |
Strategy: |
+Target met+ |
Position: |
Long at 87.90 |
Objective: |
88.70 |
Stop-Loss: |
Long at 87.90 |
Resistance: |
88.71/88.99/89.37 |
Support: |
87.80/87.52/87.16 |
|
DAILY GBP/JPY CROSS OUTLOOK - +163.30+ |
Update Time: |
29 Mar 2023 13:19GMT |
Intra-day rally abv 161.84 (Mon) signals nr term rise fm Fri's 1-1/2 month bottom at 158.28 wud ex- tend twd 162.90/95 but 163.33 res should hold.
Trade fm long side for 162.90 1st as only below 161.80/85 may signal temp. top made n risk 161.36.
|
|
Rate: |
+163.30+ |
Strategy: |
+Target met+ |
Position: |
Long at 161.80 |
Objective: |
+163.30+ |
Stop-Loss: |
Long at 161.80 |
Resistance: |
162.76/162.94/163.33 |
Support: |
161.84/161.36/160.74 |
|
INTRA-DAY EUR/USD OUTLOOK - +1.0870+ |
Update Time: |
29 Mar 2023 11:41GMT |
Although euro's intra-day retreat fm after 1-tick break of y'day's high at 1.0848 suggests nt term rise fm Fri's bottom at 1.0714 has made a temp. top , present rebound fm 1.0817 in European morning has retained bullishness n abv 1.0849/52, 1.0876 later.
Trade fm long side for 1.0870 1st as only below 1.0795/00 wud risk weakness to 1.0776.
|
|
Rate: |
+1.0870+ |
Strategy: |
+Target met+ |
Position: |
Long at 1.0820 |
Objective: |
1.0870 |
Stop-Loss: |
|
Resistance: |
1.0852/1.0876/1.0929 |
Support: |
1.0807/1.0776/1.0742 |
|
INTRA-DAY USD/CHF OUTLOOK - +0.9170+ |
Update Time: |
29 Mar 2023 09:57GMT |
Although dlr's intra-day rebound suggests pull- back fm y'day's high at 0.9223 may ended at 0.9187 in NY, subsequent retreat after re-test of said res has retained daily bearishness n below 0.9187 wud yield weakness twd 0.9138 but 0.9121 shud hold.
Trade fm short side for 0.9165 1st as only abv 0.9223 may risk one more rise twd 0.9245 later.
|
|
Rate: |
+0.9170+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9215 |
Objective: |
0.9170 |
Stop-Loss: |
|
Resistance: |
0.9223/0.9245/0.9300 |
Support: |
0.9187/0.9138/0.9121 |
|
SPOT GOLD DAILY OUTLOOK - +1973.00+ |
Update Time: |
28 Mar 2023 18:33GMT |
Despite gold's daily volatile swings after sell- off fm last Mon's 1-year 2009.80 peak to 1934.40 Wed, as price has rebounded fm 1944.20 y'day, con- solidation with upside bias would be seen for gain to 1973/1974 (50%r of 2003.30-1944.20), however, reckon 1978/80 should cap upside, yield retreat.
Buy on dips to 1953.00 for 1973.00 n only below 1950/1951 signals recovery has possibly ended, risks weakness to 1944.20, break, 1934/1936.
|
|
Rate: |
+1973.00+ |
Strategy: |
+Target met+ |
Position: |
Long at 1953.00 |
Objective: |
1973.00 |
Stop-Loss: |
|
Resistance: |
1966.00/1979.40/1992.00 |
Support: |
1950.80/1944.20/1934.40 |
|
INTRA-DAY EUR/JPY OUTLOOK - +142.05+ |
Update Time: |
27 Mar 2023 16:44GMT |
Euro's rally fm Fri's bottom at 139.08 to 140.86 (NY) intra-day break there suggests nr term decline fm 143.62 (Wed) has made a temp. low there n conso- lidation with mild upside bias remains but firm break of 141.54 needed for 141.85 later.
Trade fm long side for 142.05 n only below 140. 140.58/63 wud risk weakness twd 139.96.
|
|
Rate: |
+142.05+ |
Strategy: |
+Target met+ |
Position: |
Long at 141.55 |
Objective: |
142.05 |
Stop-Loss: |
|
Resistance: |
142.07/142.20/142.79 |
Support: |
141.36/140.58/139.96 |
|
DAILY EUR/JPY CROSS OUTLOOK - +141.80+ |
Update Time: |
27 Mar 2023 13:22GMT |
Despite euro's selloff fm 14105 to as low as 139 .08 in Europe Fri on broad-based yen buying, subse- quent strg rebound n intra-day firmness signals a temp. low is made there n consolidation with upside bias remains for strg retracement twd 141.85 later.
Turn cautious buyer to 140.80 for this move as only below 140.50/58 may risk weakness twd 139.96.
|
|
Rate: |
+141.80+ |
Strategy: |
+Target met+ |
Position: |
+Long at 140.80+ |
Objective: |
141.80 |
Stop-Loss: |
|
Resistance: |
141.28/141.48/141.85 |
Support: |
140.58/139.96/139.08 |
|
DAILY GBP/JPY CROSS OUTLOOK - +161.25+ |
Update Time: |
27 Mar 2023 13:15GMT |
Fri's strg bounce fm a 1-1/2 month 158.28 bottom signals recent decline has made a temp. low there n abv 160.85 wud yield strg retracement twd 161.25.
Turn cautious buyer to 160.25 for this move as only below 159.80/85 may risk weakness twd 159.20.
|
|
Rate: |
+161.25+ |
Strategy: |
+Target met+ |
Position: |
+Long at 160.25+ |
Objective: |
161.25 |
Stop-Loss: |
+Long at 160.25+ |
Resistance: |
160.85/161.25/161.85 |
Support: |
159.82/159.67/159.20 |
|
INTRA-DAY USD/JPY OUTOOK - +131.65+ |
Update Time: |
27 Mar 2023 12:42GMT |
Dlr's intra-day firm break of 131.00/05 res area suggests recent decline has made a temporary low at last Fri's 1-1/2 month 129.65 bottom n present re- treat fm 131.36 wud bring consolidation b4 prospect of another rise to 131.60/66, break, 131.80/84.
Remain as cautious buyer for 131.65 n only below 130.70/75 risks 130.51 but 130.28/33 may hold.
|
|
Rate: |
+131.65+ |
Strategy: |
+Target met+ |
Position: |
Long at 131.05 |
Objective: |
131.65 |
Stop-Loss: |
|
Resistance: |
131.66/131.80/132.07 |
Support: |
130.73/130.51/130.28 |
|
WEEKLY AUD/JPY CROSS OUTLOOK - +86.15+ |
Update Time: |
26 Mar 2023 23:22GMT |
Y'day's fall to 88.99 to 87.61 suggests re-test of Dec 9-mth 87.04 low wud be seen after consolida- tion, break extends to 85.95/00 b4 correction.
Sell on pullback to 88.15 for 86.15 n only abv 88.50/60 may risk 88.99, break, 89.20/23, 89.50.
|
|
Rate: |
+86.15+ |
Strategy: |
+Target met+ |
Position: |
+Short at 88.15+ |
Objective: |
86.15 |
Stop-Loss: |
+Short at 88.15+ |
Resistance: |
88.37/88.99/89.50 |
Support: |
86.07/85.94/85.00 |
|
DAILY EUR/CHF CROSS OUTLOOK - +0.9870+ |
Update Time: |
24 Mar 2023 13:20GMT |
Euro's intra-day selloff fm 0.9988 to 0.9921 in post-SNB signals upmove fm Mar's 5-month bottom at 0.9707 has made a temp. top there n subsequent bounce wud bring range trading b4 prospect of ano- ther decline later, below 0.9921, 0.9855/60.
Remain as cautious seller for 0.9870 1st as only abv 0.9975/80 wud risk re-test of 0.9998.
|
|
Rate: |
+0.9870+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9940 |
Objective: |
0.9870 |
Stop-Loss: |
|
Resistance: |
0.9941/0.9978/0.9998 |
Support: |
0.9859/0.9841/0.9800 |
|
INTRA-DAY USD/JPY OUTOOK - +130.80+ |
Update Time: |
24 Mar 2023 16:45GMT |
Despite dlr's intra-day fall to a fresh 1-month bottom at 129.65 in European morning, subsequent rise to 130.73 on US PMI data signals recent dec- line has made a temp. low n current retreat wud bring range trading b4 another rise.
Remain as cautious buyer for 130.80 1st n only below 129.65 wud risk weakness to 129.27.
|
|
Rate: |
+130.80+ |
Strategy: |
+Target met+ |
Position: |
Long at 130.30 |
Objective: |
130.80 |
Stop-Loss: |
|
Resistance: |
130.73/130.94/131.66 |
Support: |
129.65/129.27/129.00 |
|
DAILY EUR/GBP CROSS OUTLOOK - +0.8780+ |
Update Time: |
24 Mar 2023 13:29GMT |
Despite euro's rally to a near 2-week peak at 0.8865 Wed, subsequent selloff to 0.8816 in post- BoE Thur suggests a temporary top is made there n consolidation with downside bias remains for strg retracement twd 0.8770/75 b4 bounce.
Trade fm short side for 0.8780 1st as only abv 0.8865 wud risk stronger retracement twd 0.8891.
|
|
Rate: |
+0.8780+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.8840 |
Objective: |
0.8780 |
Stop-Loss: |
|
Resistance: |
0.8826/0.8865/0.8891 |
Support: |
0.8773/0.8729/0.8718 |
|
SPOT SILVER DAILY OUTLOOK - +23.50+ |
Update Time: |
24 Mar 2023 13:08GMT |
Although y'day's retreat fm a fresh 1-1/2 mth peak at 23.10 suggests recent upmove has made a temp. top, reckon 22.65/70 sup wud remain intact.
Remain as cautious buyer for 23.50 1st as only below 22.65/71 may risk retracement twd 22.24.
|
|
Rate: |
+23.50+ |
Strategy: |
+Target met+ |
Position: |
Long at 22.90 |
Objective: |
23.50 |
Stop-Loss: |
Long at 22.90 |
Resistance: |
23.22/23.37/23.60 |
Support: |
22.77/22.24/22.16 |
|
DAILY USD/JPY OUTLOOK - +130.05+ |
Update Time: |
24 Mar 2023 11:21GMT |
As dlr has fallen after bounce fm y'day's fresh 1-month 130.33 low to 130.94 at Asian open today, suggesting recent decline remains in progress n wud extend to 129.75 target after consolidation but 129 .58/61 shud hold due to loss of downard momentum.
Trade fm short side for 129.65 next n only abv 130.94 risks 131.25/30, 131.60/66 shud cap upside.
|
|
Rate: |
+130.05+ |
Strategy: |
+Stop profit+ |
Position: |
Short at 130.55 |
Objective: |
|
Stop-Loss: |
+130.05+ |
Resistance: |
130.47/130.94/131.26 |
Support: |
129.81/129.61/129.27 |
|
DAILY GBP/JPY CROSS OUTLOOK - +158.75+ |
Update Time: |
24 Mar 2023 10:03GMT |
Intra-day selloff below 159.95 (Thur) suggests nr term fall fm 163.33 (Wed) wud extend twd 158.97 but below needed to re-test 158.57 b4 bounce.
Trade fm short side for 158.75 1st as only abv 159.76 wud risk strg retracement twd 160.15/20.
|
|
Rate: |
+158.75+ |
Strategy: |
+Target met+ |
Position: |
+Short at 159.74+ |
Objective: |
+158.75+ |
Stop-Loss: |
+Short at 159.74+ |
Resistance: |
159.76/160.19/160.85 |
Support: |
158.97/158.57/158.41 |
|
DAILY AUD/JPY CROSS OUTLOOK - +86.40+ |
Update Time: |
24 Mar 2023 10:04GMT |
Intra-day selloff below y'day's 1-year bottom at 86.94 suggests MT decline remains in force but 86. 30 wud hold n yield bounce due to o/sold condition.
Trade fm short side for this move as only abv 87.61 wud risk strg retracement twd 88.37.
|
|
Rate: |
+86.40+ |
Strategy: |
+Target met+ |
Position: |
Short at 87.20 |
Objective: |
86.40 |
Stop-Loss: |
Short at 87.20 |
Resistance: |
87.61/88.37/88.99 |
Support: |
86.30/86.14/85.88 |
|
WEEKLY GBP/JPY CROSS OUTLOOK - +158.50+ |
Update Time: |
24 Mar 2023 10:03GMT |
Y'day's selloff fm 163.33 to 160.80 signals rise fm last Thur's 158.57 low has ended, below 160.00/ 10 headss to 159.00/10 but 158.57 shud hold.
Sell on pullback to 161.50 for 159.50 n only abv 162.10/20 risks 162.75/80, then possibly 163.30/33.
|
|
Rate: |
+158.50+ |
Strategy: |
+Target met+ |
Position: |
+Short at 161.50+ |
Objective: |
+158.50+ |
Stop-Loss: |
+Short at 161.50+ |
Resistance: |
161.85/162.43/163.33 |
Support: |
158.97/158.57/157.44 |
|
INTRA-DAY EUR/JPY OUTLOOK - +139.80+ |
Update Time: |
24 Mar 2023 09:39GMT |
Although euro's intra-day selloff in Europe n break of Asian 140.90 low suggests nr term decline fm 1-week peak at 143.62 remains in force, present rebound fm 139.94 wud yield consolidation b4 fall n below wud extend weakness twd 139.45/50 b4 up.
Sell again on recovery to 140.40 for 139.80 1st as only abv 140.59/65 may risk retrace. twd 140.90.
|
|
Rate: |
+139.80+ |
Strategy: |
+Target met+ |
Position: |
+Short at 140.40+ |
Objective: |
139.80 |
Stop-Loss: |
|
Resistance: |
140.59/140.90/141.28 |
Support: |
139.94/139.49/139.14 |
|
INTRA-DAY USD/JPY OUTOOK - +129.86+ |
Update Time: |
24 Mar 2023 09:33GMT |
Although dlr's intra-day bounce after break of y'day's 130.33 low to a fresh 1-month bottom of 130 .06 suggests recent decline has made a temporary low n choppy sideways swings wud be seen b4 pros- pect of another drop to 129.81/85, 129.58/61.
Present retreat fm 130.48 has retained bearish view n only abv risks 130.65/67, then 130.94 (Asia)
|
|
Rate: |
+129.86+ |
Strategy: |
+Target met+ |
Position: |
Short at 130.46 |
Objective: |
129.86 |
Stop-Loss: |
|
Resistance: |
130.48/130.67/130.94 |
Support: |
129.81/129.61/129.27 |
|
INTRA-DAY EUR/CHF OUTLOOK - +0.9890+ |
Update Time: |
24 Mar 2023 09:01GMT |
Euro's selloff fm 0.9988 to as low as 0.9921 in Europe Thur on active buying in chf suggests recent erratic upmove has made a temp. top there n consoli dation with downside bias remains but below 0.9921 is needed to yield stronger retrace. twd 0.9859.
Trade fm short side for 0.9890 1st as only abv 0.9920 wud risk stronger retracement twd 0.9941.
|
|
Rate: |
+0.9890+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9940 |
Objective: |
0.9890 |
Stop-Loss: |
|
Resistance: |
0.9920/0.9941/0.9978 |
Support: |
0.9859/0.9841/0.9800 |
|
DAILY EUR/JPY CROSS OUTLOOK - +140.40+ |
Update Time: |
24 Mar 2023 08:09GMT |
Euro's sharp selloff fm 143.19 to 141.17 in NY Thur n intra-day break there suggests correction fm Wed's 2-month bottom at 138.83 has ended there n as 141.48 has capped bounce in Asia today, downside bias remains for 140.43 but 140.15/20 shud hold.
Trade fm short side for this move as only abv 141.85 wud risk stronger gain back twd 142.20.
|
|
Rate: |
+140.40+ |
Strategy: |
+Target met+ |
Position: |
Short at 141.40 |
Objective: |
140.40 |
Stop-Loss: |
|
Resistance: |
141.48/141.85/142.20 |
Support: |
140.90/140.43/140.17 |
|
INTRA-DAY EUR/JPY OUTLOOK - +140.85+ |
Update Time: |
24 Mar 2023 08:09GMT |
Euro's selloff below 142.31 (Wed) to as low as 141.17 in NY Thur suggests recent upmove has made a temp. top at Wed's 1-week peak at 143.62 n as 141. 84 has capped recovery in NY, consolidation with downside bias remains n below 140.90, 140.43 later.
Sell again on recovery to 141.25 for 140.85 1st n only abv 141.48 wud risk gain retrace. twd 141.85
|
|
Rate: |
+140.85+ |
Strategy: |
+Target met+ |
Position: |
+Short at 141.25+ |
Objective: |
140.85 |
Stop-Loss: |
|
Resistance: |
141.48/141.85/142.20 |
Support: |
140.90/140.43/140.04 |
|
INTRA-DAY EUR/JPY OUTLOOK - +140.90+ |
Update Time: |
24 Mar 2023 05:18GMT |
Euro's selloff below 142.31 (Wed) to as low as 141.17 in NY Thur suggests recent upmove has made a temp. top at Wed's 1-week peak at 143.62 n as 141. 84 has capped recovery in NY, consolidation with downside bias remains n below 140.90, 140.43 later.
Remain as cautious seller for 141.20 1st as only abv 141.48 wud risk gain back to 141.85.
|
|
Rate: |
+140.90+ |
Strategy: |
+Target met+ |
Position: |
Short at 141.40 |
Objective: |
140.90 |
Stop-Loss: |
|
Resistance: |
141.48/141.85/142.20 |
Support: |
140.90/140.43/140.04 |
|
INTRA-DAY EUR/CHF OUTLOOK - +0.9927+ |
Update Time: |
23 Mar 2023 19:04GMT |
Despite euro's intra-day gain to 0.9998 at Euro pean open, subsequent selloff to 0.9936 in post-SNB signals upmove fm Mar's fresh 5-month 0.9707 bottom has made a temp. top there n as 0.9990 has capped intra-day bounce, daily bearishness is retained.
Remain as cautious seller for 0.9927 1st n only abv 0.9998 wud risk stronger gain to 1.0016/20.
|
|
Rate: |
+0.9927+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9967 |
Objective: |
0.9927 |
Stop-Loss: |
|
Resistance: |
0.9998/1.0016/1.0041 |
Support: |
0.9927/0.9914/0.9859 |
|
INTRA-DAY USD/JPY OUTOOK - +130.50+ |
Update Time: |
23 Mar 2023 18:58GMT |
Although dlr's intra-day stronger-than-expected bounce after falling to a fresh 1-month bottom at 130.43 in Asia on usd's continued weakness signals a temp. low is made, subsequent retreat fm 131.66 at NY open has retained daily bearishness.
Lower short entry for 130.40 1st n only abv 131. 66 wud risk stronger gain to 131.80.
|
|
Rate: |
+130.50+ |
Strategy: |
+Target met+ |
Position: |
+Short at 131.00+ |
Objective: |
+130.50+ |
Stop-Loss: |
|
Resistance: |
131.00/131.66/131.80 |
Support: |
130.43/129.81/129.27 |
|
DAILY AUD/JPY CROSS OUTLOOK - +87.35+ |
Update Time: |
23 Mar 2023 18:46GMT |
Y'day's sharp selloff fm 88.99 to 87.61 in NY signals recovery fm Mon's 87.14 low has ended n as 88.37 has capped upside, bearishness is retained.
Remain as cautious seller for 87.35 1st as only abv 88.37/43 wud risk stronger gain to 88.70.
|
|
Rate: |
+87.35+ |
Strategy: |
+Target met+ |
Position: |
Short at 88.15 |
Objective: |
87.35 |
Stop-Loss: |
Short at 88.15 |
Resistance: |
88.43/88.70/88.99 |
Support: |
87.61/87.36/87.14 |
|
DAILY EUR/GBP CROSS OUTLOOK - +0.8860+ |
Update Time: |
23 Mar 2023 09:13GMT |
Despite euro's selloff to a 7-week bottom at 0.8718 last Wed, subsequent rally to 0.8854 in NY Wed n intra-day break there signals a temporary low is in place n further gain twd 0.8891 wud be seen b4 prospect of retreat due to loss of momentum.
Trade fm long side for 0.8860 1st as only below 0.8839 may risk retracement back twd 0.8808.
|
|
Rate: |
+0.8860+ |
Strategy: |
+Target met+ |
Position: |
Long at 0.8800 |
Objective: |
0.8860 |
Stop-Loss: |
|
Resistance: |
0.8863/0.8891/0.8913 |
Support: |
0.8839/0.8808/0.8773 |
|
INTRA-DAY EUR/GBP OUTLOOK - +0.8827+ |
Update Time: |
22 Mar 2023 22:44GMT |
Although euro's intra-day selloff fm 0.8805 in Europe on upbeat UK CPI suggests nr term upmove fm last Wed's 7-week bottom at 0.8718 has made a temp. top at 0.8839 y'day, reckon 0.8765/70 sup wud hold n yield another rise n abv 0.8839/44, 0.8863.
Remain as cautious buyer for 0.8927 1st as only below 0.8750/60 may risk weakness twd 0.8729.
|
|
Rate: |
+0.8827+ |
Strategy: |
+Target met+ |
Position: |
Long at 0.8777 |
Objective: |
0.8827 |
Stop-Loss: |
|
Resistance: |
0.8819/0.8844/0.8863 |
Support: |
0.8769/0.8729/0.8718 |
|
DAILY GBP/USD OUTLOOK - +1.2192+ |
Update Time: |
21 Mar 2023 15:41GMT |
Despite cable's rally y'day on usd's broad-based weakness to a 1-1/2 month peak at 1.2284, intra-day sharp retreat on cross-selling in stg signals a temp. top is made n stronger retracement to 1.2190 is seen, reckon 1.2168 wud remain intact.
Trade fm short side for this move n only abv 1.2262 wud risk gain twds 1.2284 again.
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Rate: |
+1.2192+ |
Strategy: |
+Target met+ |
Position: |
Short at 1.2272 |
Objective: |
1.2192 |
Stop-Loss: |
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Resistance: |
1.2229/1.2262/1.2284 |
Support: |
1.2168/1.2136/1.2114 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2223+ |
Update Time: |
21 Mar 2023 14:16GMT |
Intra-day fall on usd's renewed strength n then break of 1.2240/43 sup area suggests recent upmove has made a temporary top at y'day's 1-1/2 month 1.2284 peak n present bounce fm 1.2229 yields conso lidation b4 heading to 1.2210/15, then 1.2195/00.
Trade fm short side for 1.2223 n only abv 1.2260 /62 risks gain back to 1.2280/84, then 1.2300/10.
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Rate: |
+1.2223+ |
Strategy: |
+Target met+ |
Position: |
Short at 1.2273 |
Objective: |
1.2223 |
Stop-Loss: |
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Resistance: |
1.2262/1.2284/1.2300 |
Support: |
1.2214/1.2200/1.2168 |
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INTRA-DAY AUD/USD OUTLOOK - +0.6670+ |
Update Time: |
21 Mar 2023 14:11GMT |
Intra-day retreat fm 0.6726 on release of RBA minutes suggests corrective rise fm Mar's near 4- month 0.6565 low has made a temporary top at 0.6730 y'day n weakness to 0.6666/70 wud be seen after con solidation, break needed for 0.6631/36 later.
Trade fm short side for 0.6670 n only abv 0.6726 /30 risks marginal gain to 0.6743/48 b4 down.
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Rate: |
+0.6670+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.6720 |
Objective: |
0.6670 |
Stop-Loss: |
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Resistance: |
0.6730/0.6748/0.6783 |
Support: |
0.6666/0.6631/0.6611 |
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