| Update Time: |
23 Apr 2024 08:14 |
| Next Update At: |
00:30GMT |
| USD/JPY - 154.83 |
Despite dollar's resumption of long term upmove to a fresh 33-1/2 year 154.86 peak yesterday, loss of upward momentum and subsequent retreat suggests temporary top is possibly made, below 154.47/50 would yield retracement towards 153.90/95, then re-test of 153.58 (Fri) would be seen.
On the upside, only a daily close above 154.78 would risk one more rise but 155.50/60 may hold. |
|
| DAILY EUR/JPY CROSS OUTLOOK - +166.10+ |
| Update Time: |
24 Apr 2024 19:53GMT |
Although euro's rally abv prev. res at 165.37
(Mar) to a fresh 15-1/2 year peak at 165.74 in NY
Tue n intra-day break there signals LT upmove has
once again resumed, 166.15/20 may hold n yield a
much-needed correction due to loss of momentum.
Buy on pullback to 165.40 for 166.10 next n only
below 164.90/95 risks retracement back twd 164.64.
|
|
| Rate: |
+166.10+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 165.40+ |
| Objective: |
166.10 |
| Stop-Loss: |
|
| Resistance: |
166.18/166.52/166.97 |
| Support: |
165.44/164.92/164.64 |
| |
| INTRA-DAY EUR/JPY OUTLOOK - +166.00+ |
| Update Time: |
24 Apr 2024 19:22GMT |
Although euro's rally abv prev. res at 165.37
(Mar) to a fresh 15-1/2 year peak at 165.74 in NY
Tue n intra-day break there signals LT upmove has
once again resumed, 166.15/20 may hold n yield a
much-needed correction due to loss of momentum.
Buy on pullback to 165.40 for 166.00 next n only
below 165.37 risks retracement back twd 164.92.
|
|
| Rate: |
+166.00+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 165.40+ |
| Objective: |
166.00 |
| Stop-Loss: |
|
| Resistance: |
166.18/166.52/166.97 |
| Support: |
165.37/164.92/164.64 |
| |
| DAILY EUR/CHF CROSS OUTLOOK - +0.9770+ |
| Update Time: |
24 Apr 2024 06:45GMT |
Despite euro's sharp selloff to a 1-month bottom
at 0.9567 in Asia Fri, subsequent rally n intra-day
break of 0.9723 (Thur) suggests recent erratic fall
has made a temp. low there n retracement twd 0.9765
/70 may be seen but 0.9790/95 may remain intact.
Trade fm long side for this move n only below
0.9725/30 risks weakness back twd 0.9670.
|
|
| Rate: |
+0.9770+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9700 |
| Objective: |
0.9770 |
| Stop-Loss: |
|
| Resistance: |
0.9765/0.9794/0.9820 |
| Support: |
0.9711/0.9683/0.9614 |
| |
| DAILY AUD/JPY CROSS OUTLOOK - +100.25+ |
| Update Time: |
24 Apr 2024 02:12GMT |
Intra-day retreat after rally abv Mon's 99.91
high signals temp. top made n consolidation is seen
b4 rise fm 97.79 (Fri) resumes n heads to 100.20/25
Trade fm long side for this move as only below
99.60/68 may risk retracement back twd 99.11.
|
|
| Rate: |
+100.25+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 99.45 |
| Objective: |
100.25 |
| Stop-Loss: |
Long at 99.45 |
| Resistance: |
100.23/100.64/100.80 |
| Support: |
99.68/99.11/98.63 |
| |
| INTRA-DAY EUR/CHF OUTLOOK - +0.9760+ |
| Update Time: |
24 Apr 2024 02:08GMT |
Although euro's intra-day brief rise abv 0.9726
(Mon) to 0.9740 in European morning signals nr term
rise fm 0.9567 (Fri) remains in force, present re-
treat wud yield consolidation b4 prospect of ano-
ther rise but 0.9765/70 may hold on 1st testing.
Raise long entry to 0.9710 for this move as only
below 0.9683 risks weakness back twd 0.9650.
|
|
| Rate: |
+0.9760+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 0.9710+ |
| Objective: |
0.9760 |
| Stop-Loss: |
|
| Resistance: |
0.9740/0.9765/0.9794 |
| Support: |
0.9683/0.9650/0.9614 |
| |
| DAILY USD/CAD OUTLOOK - +1.3655+ |
| Update Time: |
24 Apr 2024 02:02GMT |
Y'day's break of Fri's 1.3724 low suggests fall
fm Apr's 5-mth 1.3846 peak wud head to 1.3661/65,
then 1.3647/50 after consolidation b4 rebound.
Trade fm short side for 1.3655 n only abv 1.3745
/50 indicates trough made, 1.3775/81, 1.3800/04.
|
|
| Rate: |
+1.3655+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.3745 |
| Objective: |
1.3655 |
| Stop-Loss: |
Short at 1.3745 |
| Resistance: |
1.3711/1.3749/1.3775 |
| Support: |
1.3661/1.3647/1.3616 |
| |
| DAILY AUD/USD OUTLOOK - +0.6510+ |
| Update Time: |
24 Apr 2024 01:55GMT |
Despite aud's resumption of decline to a fresh
5-month trough at 0.6363 Fri, subsequent rise n
intra-day break of 0.6456 res suggests temporary
bottom is in place n retracement twds 0.6520/25 wud
be seen, however, 0.6550/53 shud cap upside today.
Trade fm long side for 0.6510 n only below 0.64
04/07 risks 0.6385/90, then 0.6363 again.
|
|
| Rate: |
+0.6510+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6430 |
| Objective: |
0.6510 |
| Stop-Loss: |
|
| Resistance: |
0.6493/0.6522/0.6553 |
| Support: |
0.6425/0.6407/0.6390 |
| |
| INTRA-DAY AUD/USD OUTLOOK - +0.6490+ |
| Update Time: |
23 Apr 2024 18:41GMT |
Aud's current rise abv Asian res at 0.6465 sig-
nals upmove fm Fri's fresh 5-month bottom at 0.6363
has resumed n further gain twds 0.6493 wud be seen
, however, 0.6522 may remain intact n bring a re-
treat later today or early tom.
Trade fm long side for 0.6490 n only below 0.64
25 (NY) risks 0.6404/07, then 0.6385/90 later.
|
|
| Rate: |
+0.6490+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6430 |
| Objective: |
0.6490 |
| Stop-Loss: |
|
| Resistance: |
0.6493/0.6522/0.6550 |
| Support: |
0.6425/0.6407/0.6390 |
| |
| INTRA-DAY EUR/USD OUTLOOK - +1.0710+ |
| Update Time: |
23 Apr 2024 14:39GMT |
Intra-day rally fm 1.0638 to 1.0695 in Europe on
eurozone PMI data confirms corrective upmove fm
Apr's 5-month 1.0602 trough has resumed n present
retreat wud yield consolidation b4 heading to 1.07
15/20, then 1.0729/34 but 1.0756/66 shud hold.
Remain as cautious buyer for this move n only
below 1.0638 wud risk weakness to 1.0611.
|
|
| Rate: |
+1.0710+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.0655 |
| Objective: |
1.0710 |
| Stop-Loss: |
|
| Resistance: |
1.0734/1.0756/1.0792 |
| Support: |
1.0638/1.0624/1.0602 |
| |
| INTRA-DAY EUR/GBP OUTLOOK - +0.8585+ |
| Update Time: |
21 Apr 2024 19:38GMT |
Despite euro's selloff below 0.8529 (Tue) to a
1-month bottom at 0.8522 in Europe Wed, subsequent
rally to as high as 0.8572 in NY signals nr term
fall fm 0.8602 (Mar) has made a temp. low there n
re-test of 0.8588 res wud be seen b4 retreat.
Trade fm long side for this move as only below
0.8550/52 risks weakness back twd 0.8522.
|
|
| Rate: |
+0.8585+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8535 |
| Objective: |
0.8585 |
| Stop-Loss: |
|
| Resistance: |
0.8572/0.8588/0.8602 |
| Support: |
0.8522/0.8504/0.8494 |
| |
| DAILY EUR/GBP CROSS OUTLOOK - +0.8600+ |
| Update Time: |
21 Apr 2024 19:39GMT |
Despite euro's selloff below 0.8529 (Tue) to a
1-month bottom at 0.8522 in Europe Wed, subsequent
rally to as high as 0.8572 in NY signals nr term
fall fm 0.8602 (Mar) has made a temp. low there n
re-test of 0.8588 res wud be seen, break, 0.8602.
Trade fm long side for this move as only below
0.8520/25 risks 0.8500/10, below, 0.8494 later.
|
|
| Rate: |
+0.8600+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8535 |
| Objective: |
0.8600 |
| Stop-Loss: |
|
| Resistance: |
0.8572/0.8588/0.8602 |
| Support: |
0.8522/0.8504/0.8494 |
| |
| DAILY USD/CHF OUTLOOK - +0.9040+ |
| Update Time: |
19 Apr 2024 02:17GMT |
Despite dlr's resumption of upmove to a fresh
6-month peak of 0.9151 Mon, subsequent retreat to
0.9082 today signals a temp. top is made n current
bounce wud bring range trading b4 prospect of ano-
ther decline twds 0.9040/42 later.
Remain as cautious seller for this move n only
abv 0.9151 wud risk gain to 0.9175.
|
|
| Rate: |
+0.9040+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.9130+ |
| Objective: |
0.9040 |
| Stop-Loss: |
|
| Resistance: |
0.9132/0.9151/0.9175 |
| Support: |
0.9075/0.9042/0.9013 |
| |
| DAILY EUR/CHF CROSS OUTLOOK - +0.9625+ |
| Update Time: |
19 Apr 2024 01:46GMT |
Despite euro's marginal break of prev. Apr's low
at 0.9679 to a fresh 3-week bottom at 0.9677 in NY
Wed, subsequent strong rebound to 0.9720 in NY sig-
nals recent decline has made a temp. low there, how
ever, reckon 0.9722 res wud hold n yield retreat.
Remain as cautious seller for 0.9625 1st as only
firm break of 0.9740 risks gain back twd 0.9765.
|
|
| Rate: |
+0.9625+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9705 |
| Objective: |
0.9625 |
| Stop-Loss: |
|
| Resistance: |
0.9740/0.9765/0.9795 |
| Support: |
0.9679/0.9664/0.9621 |
| |
| INTRA-DAY USD/CHF OUTLOOK - +0.9080+ |
| Update Time: |
19 Apr 2024 01:45GMT |
Dlr's fall fm Mon's fresh 6-month high at 0.9151
to 0.9082 today signals MT upmove has made a temp.
top there n current stronger-than-expected bounce
wud bring range trading b4 prospect of another dec-
line, below 0.9082, 0.9042 later.
Remain as cautious seller for this move n only
abv 0.9151 wud risk gain twds 0.9175.
|
|
| Rate: |
+0.9080+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.9130+ |
| Objective: |
0.9080 |
| Stop-Loss: |
|
| Resistance: |
0.9132/0.9151/0.9175 |
| Support: |
0.9075/0.9042/0.8999 |
| |
| INTRA-DAY EUR/JPY OUTLOOK - +164.55+ |
| Update Time: |
17 Apr 2024 09:32GMT |
Despite euro's brief selloff after y'day's rise
to 164.67 at NY open on active yen buying, subse-
quent strong bounce signals pullback has possibly
ended n abv wud extend nr term rise fm 162.28 (Feb)
twd 164.95/00 but 165.17 res may hold initially.
Trade fm long side for this move as only below
163.80/90 risks weakness twd 163.66.
|
|
| Rate: |
+164.55+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 164.05 |
| Objective: |
164.55 |
| Stop-Loss: |
|
| Resistance: |
164.69/164.98/165.17 |
| Support: |
163.81/163.66/163.43 |
| |
| INTRA-DAY USD/JPY OUTOOK - +154.70+ |
| Update Time: |
16 Apr 2024 11:50GMT |
As dlr has risen after y'day's sharp retreat fm
a fresh 33-1/2 year 154.44 high to 153.87 in NY,
suggesting LT upmove wud extend to 154.75/80, then
155.15/20 after consolidation, loss of momentum is
likely to cap price below 155.40/50 res area today.
Trade fm long side for 154.70 n only below 154.
12/15 prolongs choppy swings, risks 153.87/90.
|
|
| Rate: |
+154.70+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 154.00 |
| Objective: |
154.70 |
| Stop-Loss: |
|
| Resistance: |
154.67/155.00/155.16 |
| Support: |
154.12/153.87/153.71 |
| |
| DAILY NZD/USD OUTLOOK - +0.5880+ |
| Update Time: |
16 Apr 2024 03:46GMT |
Y'day's brief break of Fri's near 5-mth 0.5933
low signals recent decline wud head twds 0.5880/85,
reckon 0.5858/63 wud remain intact.
Trade fm short side for 0.5885 n only abv 0.5966
/70 prolongs choppy swings, 0.5990/95, 0.6010/14.
|
|
| Rate: |
+0.5880+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6000 |
| Objective: |
0.5880 |
| Stop-Loss: |
Short at 0.6000 |
| Resistance: |
0.5907/0.5928/0.5953 |
| Support: |
0.5863/0.5839/0.5805 |
| |
| DAILY AUD/USD OUTLOOK - +0.6415+ |
| Update Time: |
16 Apr 2024 03:42GMT |
Aud's fall to 0.6457 Fri n y'day's break below
Feb's bottom at 0.6443 signals MT decline has once
again resumed n further weakness twds 0.6400/10 wud
be seen, however, loss of momentum wud keep price
abv 0.6371 n bring a correction later.
Trade fm short side for 0.6415 n only abv 0.6505
/10 indicates trough made, 0.6520/25, 0.6550/53.
|
|
| Rate: |
+0.6415+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6535 |
| Objective: |
0.6415 |
| Stop-Loss: |
|
| Resistance: |
0.6445/0.6470/0.6493 |
| Support: |
0.6400/0.6361/0.6339 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2425+ |
| Update Time: |
16 Apr 2024 03:38GMT |
As cable has retreated after meeting renewed
selling at 1.2498 y'day, suggesting recovery fm
Fri's near 5-month bottom at 1.2427 has ended there
n downside bias remains for weakness twds said sup,
break wud extend MT decline to 1.2400/05.
Remain as cautious seller for this move n only
abv 1.2498/01 wud risk gain twds 1.2522.
|
|
| Rate: |
+1.2425+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2485 |
| Objective: |
1.2425 |
| Stop-Loss: |
|
| Resistance: |
1.2449/1.2468/1.2498 |
| Support: |
1.2400/1.2375/1.2337 |
| |
| DAILY EUR/CHF CROSS OUTLOOK - +0.9710+ |
| Update Time: |
15 Apr 2024 00:28GMT |
Despite euro's rise fm last Fri's 0.9746 low to
0.8835 Tue, subsequent fall n intra-day break of
said sup suggests decline fm Apr's near 11-month
0.9848 peak wud head to 0.9708/10 after consolida-
tion, break yields 0.8689/92 b4 prospect of bounce.
Trade fm short side for 0.9720 n only firm break
of 0.9762/66 risks 0.9793/95, then 0.9819/21.
|
|
| Rate: |
+0.9710+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9830 |
| Objective: |
+0.9710+ |
| Stop-Loss: |
|
| Resistance: |
0.9766/0.9779/0.9805 |
| Support: |
0.9709/0.9679/0.9667 |
| |
| SPOT SILVER DAILY OUTLOOK - +28.70+ |
| Update Time: |
14 Apr 2024 23:59GMT |
Despite intra-day rise abv Wed's near 3-year 28.
52 high, o/bot condition n loss of momentum is like
ly to cap price well below 29.57/60 res area.
Buy on dips to 28.45 for 29.25 or sell at 29.40
for 28.60. Below 28.18/20, 27.76 (Thu), 27.54 (Wed)
|
|
| Rate: |
+28.70+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 29.50+ |
| Objective: |
+28.70+ |
| Stop-Loss: |
+Short at 29.50+ |
| Resistance: |
28.52/28.66/28.92 |
| Support: |
27.86/27.54/27.25 |
| |
| DAILY GBP/JPY OUTLOOK - +190.85+ |
| Update Time: |
14 Apr 2024 23:50GMT |
Wed's fall fm 192.98 to 191.48 signals recent
rise has made a temp. top n as 192.58 has capped
upside, downside bias remains for 190.69/75 later.
Trade fm short side for 190.85 n only abv 192.58
/90 risks 192.98 again, break may yield 193.50/53.
|
|
| Rate: |
+190.85+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 192.45 |
| Objective: |
190.85 |
| Stop-Loss: |
Short at 192.45 |
| Resistance: |
191.48/191.96/192.19 |
| Support: |
190.39/190.00/189.54 |
| |
| DAILY AUD/JPY CROSS OUTLOOK - +98.90+ |
| Update Time: |
14 Apr 2024 23:45GMT |
As y'day's 100.23 high has capped recovery fm
Wed's 99.40 low, suggesting correction has ended n
price wud head to 99.20/24, then 98.80/85 b4 bounce
Trade fm short side for 98.90 n only abv 100.20/
23 risks 100.39/45, break yields 100.60/64.
|
|
| Rate: |
+98.90+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 100.10 |
| Objective: |
98.90 |
| Stop-Loss: |
Short at 100.10 |
| Resistance: |
99.40/99.81/100.03 |
| Support: |
98.87/98.74/98.49 |
| |
| DAILY GBP/USD OUTLOOK - +1.2460+ |
| Update Time: |
12 Apr 2024 13:37GMT |
Intra-day break of y'day's near 4-month low at
1.2511 after rebound to 1.2563 suggests recent de-
cline remains in progress n below Dec's 1.2501 bot-
tom wud yield stronger weakness twds 1.2450/55,
break, 1.2425/28 but 1.2375/80 shud hold today.
Trade fm short side for 1.2470 n only abv 1.2545
/50 risks retracement to 1.2578/81 b4 retreat.
|
|
| Rate: |
+1.2460+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2570 |
| Objective: |
+1.2460+ |
| Stop-Loss: |
|
| Resistance: |
1.2531/1.2563/1.2578 |
| Support: |
1.2450/1.2428/1.2375 |
| |
| DAILY EUR/JPY CROSS OUTLOOK - +163.20+ |
| Update Time: |
12 Apr 2024 13:33GMT |
Despite euro's 3-legged rise fm Apr's 162.62 low
to 165.17 Tue, subsequent fall to 163.95 y'day,
then lower today suggests top made n price wud head
to 163.45/50, then 163.25/30, however, 162.95/00
sup area shud hold on 1st testing, yield rebound.
Trade fm short side for 163.30 n only abv 164.15
/20 risks 164.40/43, then 164.65/70 b4 retreat.
|
|
| Rate: |
+163.20+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 164.30 |
| Objective: |
+163.20+ |
| Stop-Loss: |
|
| Resistance: |
163.95/164.31/164.52 |
| Support: |
163.08/162.62/162.19 |
| |
| DAILY USD/CAD OUTLOOK - +1.3765+ |
| Update Time: |
12 Apr 2024 12:57GMT |
Intra-day break of y'day's 4-1/2 month 1.3725
high suggests recent upmove wud extend to 1.3745/50
after consolidation, 1.3777/88 may hold initially.
Trade fm long side for 1.3745 n only below 1.36
90/95 risks 1.3661 (Thur), break, 1.3643/47 b4 up.
|
|
| Rate: |
+1.3765+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3665 |
| Objective: |
+1.3765+ |
| Stop-Loss: |
Long at 1.3665 |
| Resistance: |
1.3749/1.3777/1.3816 |
| Support: |
1.3691/1.3661/1.3643 |
| |
| DAILY EUR/USD OUTLOOK - +1.0635+ |
| Update Time: |
12 Apr 2024 12:50GMT |
Despite euro's rise fm 1.0725 in early Apr to
1.0885 Tue, subsequent fall to 1.0699 in post-ECB
NY y'day, then intra-day break of Feb's 1.0695 low
confirms recent decline has resumed n wud head twds
1.0635/40 after consolidation, below, 1.0595/05.
Trade fm short side for 1.0650 next n only abv
1.0729/34 signals trough made, 1.0756/66, 1.0792/98
|
|
| Rate: |
+1.0635+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.0740 |
| Objective: |
+1.0635+ |
| Stop-Loss: |
|
| Resistance: |
1.0699/1.0734/1.0756 |
| Support: |
1.0657/1.0636/1.0600 |
| |
| INTRA-DAY AUD/USD OUTLOOK - +0.6490+ |
| Update Time: |
12 Apr 2024 12:33GMT |
As y'day's 0.6553 has capped recovery fm Wed's
0.6499 low, suggesting correction has ended n re-
test of Mar's 0.6478 low wud be seen after consoli
dation, below wud extend to 0.6455/60, then 0.6443
(Feb), break, 0.6425/30 b4 prospect of rebound.
Trade fm short side for 0.6490 1st n only abv
0.6553/60 may risk retrace. to 0.6593/98.
|
|
| Rate: |
+0.6490+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6540 |
| Objective: |
0.6490 |
| Stop-Loss: |
|
| Resistance: |
0.6534/0.6553/0.6572 |
| Support: |
0.6499/0.6478/0.6443 |
| |
| INTRA-DAY EUR/CHF OUTLOOK - +0.9715+ |
| Update Time: |
12 Apr 2024 12:23GMT |
Intra-day break of last Fri's 0.9746 low signals
near term decline fm Apr's near 11-month 0.9848
peak has resumed n weakness to 0.9708/14 wud be
seen after consolidation, break needed to head twds
0.9689/92 but 0.9664/67 is likely to hold today.
Trade fm short side for 0.9725 n only abv 0.9775
/80 risks 0.9790/95 b4 prospect of retreat.
|
|
| Rate: |
+0.9715+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9775 |
| Objective: |
0.9715 |
| Stop-Loss: |
|
| Resistance: |
0.9779/0.9794/0.9821 |
| Support: |
0.9724/0.9708/0.9692 |
| |
| INTRA-DAY EUR/JPY OUTLOOK - +163.60+ |
| Update Time: |
12 Apr 2024 08:36GMT |
Intra-day fall n then break of y'day's 163.95
low signals decline fm Tue's 165.17 high to retrace
upmove fm Apr's 162.62 bottom wud head to 163.45/50
after consolidation, break wud yield 163.20/25,
then possibly 162.94/00 b4 prospect of a rebound.
Trade fm short side for 163.60 n only abv 164.
15/20 indicates trough made, 164.43/52 later.
|
|
| Rate: |
+163.60+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 164.25 |
| Objective: |
163.60 |
| Stop-Loss: |
|
| Resistance: |
163.95/164.31/164.52 |
| Support: |
163.49/163.08/162.62 |
| |
| INTRA-DAY EUR/CHF OUTLOOK - +0.9770+ |
| Update Time: |
11 Apr 2024 12:17GMT |
Euro's fall fm Tue's 0.9835 high to 0.9793 y'day
suggests choppy trading below Apr's near 11-month
0.9848 peak wud continue n as 0.9821 has capped
recovery, downside bias remains for weakness to
0.9770/75, then 0.9746/48, break, 0.9720/25 later.
Trade fm short side for 0.9770 n only abv 0.9835
risks re-test of 0.9848, abv, 0.9865/68, 0.9880/90.
|
|
| Rate: |
+0.9770+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9820 |
| Objective: |
0.9770 |
| Stop-Loss: |
|
| Resistance: |
0.9821/0.9835/0.9848 |
| Support: |
0.9793/0.9774/0.9746 |
| |
| DAILY USD/CAD OUTLOOK - +1.3650+ |
| Update Time: |
11 Apr 2024 01:30GMT |
As 1.3548 has contained pullback fm Fri's 4-mth
1.3647 high, suggesting correction possibly over,
abv 1.3613/16, 1.3647, break, 1.3677/82 b4 down.
Remain as cautious buyer for 1.3650 n only below
1.3541/48 risks 1.3513/15, which shud hold.
|
|
| Rate: |
+1.3650+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3570 |
| Objective: |
1.3650 |
| Stop-Loss: |
Long at 1.3570 |
| Resistance: |
1.3711/1.3749/1.3777 |
| Support: |
1.2671/1.3643/1.3616 |
| |
| DAILY GBP/USD OUTLOOK - +1.2590+ |
| Update Time: |
11 Apr 2024 01:28GMT |
Despite cable's resumption of upmove to a 2-1/2
week high of 1.2709 y'day, loss of momentum n subse
quent retreat to 1.2664 suggests temporary top is
made, below 1.2644/49 wud encourage for price to
head to 1.2610/14, then 1.2575/80 b4 rebound.
Trade fm short side for 1.2590 n only abv 1.2709
risks marginal gain as 1.2733/35 shud cap upside.
|
|
| Rate: |
+1.2590+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2685 |
| Objective: |
1.2590 |
| Stop-Loss: |
|
| Resistance: |
1.2581/1.2614/1.2649 |
| Support: |
1.2518/1.2501/1.2450 |
| |
| INTRA-DAY EUR/JPY OUTLOOK - +163.50+ |
| Update Time: |
05 Apr 2024 01:43GMT |
Despite euro's intra-day gain to a 2-week peak
at 164.91, current selloff on safe-haven jpy buying
signals a temp. top is made choppy trading with
mild downside bias wud be seen for weakness to 163.
50, however, 163.08 wud remain intact.
Turn short on pullback for this move n only abv
164.91 wud risk gain twds 165.04.
|
|
| Rate: |
+163.50+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 164.00+ |
| Objective: |
163.50 |
| Stop-Loss: |
|
| Resistance: |
164.07/164.91/165.04 |
| Support: |
163.08/162.62/162.40 |
| |
| SPOT SILVER DAILY OUTLOOK - +$ 25.65+ |
| Update Time: |
03 Apr 2024 01:47GMT |
Thur's rally fm 24.40 to 25.01 suggests fall fm
Mar's 3-1/2 month peak at 25.78 has ended at 24.33
Wed n abv 25.45 wud re-test 25.78, break, 25.91.
Trade fm long side for this move as only below
24.75 risks retracement back twd 24.30/35.
|
|
| Rate: |
+$ 25.65+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 24.95 |
| Objective: |
25.65 |
| Stop-Loss: |
Long at 24.95 |
| Resistance: |
25.45/25.78/25.91 |
| Support: |
25.08/24.75/24.33 |
| |
| INTRA-DAY EUR/JPY OUTLOOK - +162.85+ |
| Update Time: |
01 Apr 2024 15:57GMT |
Euro's selloff below 163.14 (Thur) to a fresh 1-
week bottom at 162.94 last Fri signals nr term fall
fm Mar's 15-1/2 year 165.37 peak remains in force n
as 163.42 has capped subsequent rebound in Asia
today, bearishness remains for 162.68, 172.04/08.
Trade fm short side for 162.85 next as only abv
163.60 risks gain back twd 163.90 later.
|
|
| Rate: |
+162.85+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 163.35 |
| Objective: |
162.85 |
| Stop-Loss: |
|
| Resistance: |
163.45/163.60/163.90 |
| Support: |
162.94/162.68/162.04 |
| |
| DAILY EUR/USD OUTLOOK - +1.0735+ |
| Update Time: |
01 Apr 2024 15:36GMT |
Although euro's selloff below prev. sup at 1.08
02 to a 1-month bottom at 1.0776 in Europe n Fri's
break there signals recent erratic decline may ex-
tend marginally, loss of downward momentum n subse-
quent bounce may yield range trading b4 fall.
Remain as cautious seller for this move as only
abv 1.0830/35 risks retracement back twd 1.0864/67.
|
|
| Rate: |
+1.0735+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.0805 |
| Objective: |
1.0735 |
| Stop-Loss: |
|
| Resistance: |
1.0769/1.0805/1.0818 |
| Support: |
1.0733/1.0695/1.0657 |
| |
| 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 |
| |
|
