| 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. |
|
| 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 |
| |
| DAILY GBP/USD OUTLOOK - +1.2635+ |
| Update Time: |
02 Dec 2024 19:35GMT |
Despite cable's brief rise to 1.2750 Fri, subse-
quent fall to 1.2672 suggests corrective upmove fm
Nov's 6-month 1.2488 trough has made a temporary
top n intra-day weakness on usd's strength wud head
to 1.2634/35, however, 1.2610/16 is likely to hold.
Sell on pullback to 1.2715 for 1.2635 or buy at
1.2625 for 1.2705. Below 1.2610/16, 1.2570/80.
|
|
| Rate: |
+1.2635+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.2715+ |
| Objective: |
1.2635 |
| Stop-Loss: |
|
| Resistance: |
1.2691/1.2722/1.2750 |
| Support: |
1.2616/1.2600/1.2577 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2655+ |
| Update Time: |
02 Dec 2024 19:31GMT |
Fri's fall fm 1.2750 to 1.2672 together with
loss of momentum suggests upmove fm Nov's 6-month
1.2488 trough has made a temporary top n as 1.2746
has capped recovery, downside bias remains for weak
ness to 1.2646/50 but 1.2610/16 is likely to hold.
Sell on pullback to 1.2715 for 1.2655 n only abv
1.2720/25 risks 1.2746/50, break, 1.2765/70 later.
|
|
| Rate: |
+1.2655+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.2715+ |
| Objective: |
1.2655 |
| Stop-Loss: |
|
| Resistance: |
1.2691/1.2722/1.2750 |
| Support: |
1.2616/1.2600/1.2577 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2740+ |
| Update Time: |
01 Dec 2024 14:50GMT |
As 1.2672 has contained intra-day pullback fm
European 2-week high of 1.2750, suggesting correc-
tion has ended n upmove fm Nov's 6-month 1.2488 bot
tom wud extend to 1.2765/70 after consolidation,
abv yields 1.2795/00 b4 prospect of a retreat.
Trade fm long side for 1.2740 n only below 1.26
60/65 risks 1.2646 (Thur), then 1.2630/34 later.
|
|
| Rate: |
+1.2740+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2680+ |
| Objective: |
1.2740 |
| Stop-Loss: |
|
| Resistance: |
1.2750/1.2770/1.2793 |
| Support: |
1.2685/1.2660/1.2646 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2675+ |
| Update Time: |
27 Nov 2024 15:54GMT |
Intra-day anticipated rise n then re-test of
y'day's 1.2616 high suggests corrective upmove fm
Fri's 6-month trough of 1.2488 wud head to 1.2630/
35 after consolidation, abv yields 1.2655/59, then
1.2685/90, which is likely to cap upside today.
Buy on dips to 1.2595 for 1.2655 n only below
1.2567 (Asia) risks 1.2540/46, then 1.2525 (NY).
|
|
| Rate: |
+1.2675+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2595+ |
| Objective: |
+1.2675+ |
| Stop-Loss: |
|
| Resistance: |
1.2689/1.2714/1.2732 |
| Support: |
1.2634/1.2618/1.2593 |
| |
| DAILY GBP/USD OUTLOOK - +1.2675+ |
| Update Time: |
27 Nov 2024 15:54GMT |
Despite cable's wild swings this week, y'day's
rise fm 1.2525 in NY n intra-day re-test of 1.2616
res suggests corrective upmove fm Fri's 6-month
1.2488 trough wud head to 1.2655/59 after consolida
tion, break yields 1.2685/90, 1.2714/20 shud hold.
Trade fm long side for 1.2655 n only below 1.25
67 (Asia) risks 1.2540/46, then 1.2525 later.
|
|
| Rate: |
+1.2675+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2525 |
| Objective: |
+1.2675+ |
| Stop-Loss: |
|
| Resistance: |
1.2689/1.2714/1.2732 |
| Support: |
1.2634/1.2618/1.2593 |
| |
| INTRA-DAY EUR/USD OUTLOOK - +1.0542+ |
| Update Time: |
27 Nov 2024 15:04GMT |
As 1.0458 has contained pullback fm y'day's 1.05
44 high, suggesting correction has ended, abv 1.05
20/25 wud add credence to this view n yield re-test
of 1.0544, break extends corrective upmove fm Fri's
23-month 1.0334 trough to 1.0565/70, 1.0600/09.
Buy at market for 1.0552 after consolidation n
only below 1.0474 (Asia) risks 1.0458, 1.0426/30.
|
|
| Rate: |
+1.0542+ |
| Strategy: |
+Stop profit+ |
| Position: |
+Long at 1.0492+ |
| Objective: |
|
| Stop-Loss: |
+1.0542+ |
| Resistance: |
1.0578/1.0592/1.0609 |
| Support: |
1.0527/1.0508/1.0474 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2610+ |
| Update Time: |
27 Nov 2024 08:21GMT |
As cable has risen after y'day's fall fm 1.2616
to 1.2525, suggesting recent decline has made a
temporary bottom at Fri's 6-month trough of 1.2488
n stronger retracement to 1.2625/30, then 1.2655/59
wud be seen after consolidation, 1.2680/90 may hold
Trade fm long side for 1.2610 1st n only below
1.2567 (Asia) risks 1.2540/46, below, 1.2525.
|
|
| Rate: |
+1.2610+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2525 |
| Objective: |
1.2610 |
| Stop-Loss: |
|
| Resistance: |
1.2616/1.2631/1.2659 |
| Support: |
1.2567/1.2546/1.2525 |
| |
| DAILY EUR/JPY CROSS OUTLOOK - +159.95+ |
| Update Time: |
27 Nov 2024 02:00GMT |
Euro's intra-day retreat fm 162.00 in Europe n
then break of Asian 160.59 low signals correction
fm last Fri's 1-1/2 month 159.92 low has possibly
ended at 162.11 (Mon) n re-test of said sup is seen
, break extends fall fm 166.69 (Nov) to 159.50/55.
Trade fm short side for 159.95 next as only abv
160.70 risks retracement back to 161.00 later.
|
|
| Rate: |
+159.95+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 161.57+ |
| Objective: |
+159.95+ |
| Stop-Loss: |
|
| Resistance: |
160.31/160.70/161.00 |
| Support: |
159.92/159.51/159.10 |
| |
| DAILY AUD/JPY CROSS OUTLOOK - +98.75+ |
| Update Time: |
27 Nov 2024 02:11GMT |
Intra-day selloff below prev. Nov's 99.43 low
signals fall fm 102.40 (Nov) has resumed n weakness
to 98.35/40 is seen but 98.04/10 sup should hold.
Trade fm short side for +98.75+ next as only abv
100.30/35 risks stronger gain back to 100.70.
|
|
| Rate: |
+98.75+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 100.25 |
| Objective: |
+98.75+ |
| Stop-Loss: |
Short at 100.25 |
| Resistance: |
99.21/99.43/99.63 |
| Support: |
98.70/98.36/98.04 |
| |
| INTRA-DAY GBP/USD OUTLOOK - +1.2610+ |
| Update Time: |
26 Nov 2024 13:18GMT |
Intra-day strong bounce fm 1.2508 signals choppy
trading abv Fri's 6-month trough of 1.2488 low wud
continue with upside bias, a firm break of 1.2580/
90 wud yield gain twds Mon's 1.2613 high, break ex-
tends retracement to 1.2630/35, 1.2655/60 shud hold
Buy on dips to 1.2520 for 1.2575 n only below
1.2508 may risk re-test of 1.2488, below, 1.2467/70
|
|
| Rate: |
+1.2610+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2555+ |
| Objective: |
+1.2610+ |
| Stop-Loss: |
|
| Resistance: |
1.2616/1.2631/1.2659 |
| Support: |
1.2562/1.2539/1.2508 |
| |
| DAILY EUR/CHF CROSS OUTLOOK - +0.9265+ |
| Update Time: |
22 Nov 2024 08:59GMT |
Euro's selloff fm 0.9324 Thur n break of 0.9305
(Tue) to a 3-1/2 month bottom at 0.9280 in NY sig-
nals recent erratic decline remains in force n fur-
ther weakness to Aug's 9-1/2 year trough at 0.9212
wud be seen b4 bounce due to loss of momentum.
Trade fm short side for 0.9265 next as only abv
0.9290/95 indicates temp. low made, risks 0.9324.
|
|
| Rate: |
+0.9265+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.9355+ |
| Objective: |
0.9265 |
| Stop-Loss: |
|
| Resistance: |
0.9293/0.9324/0.9370 |
| Support: |
0.9206/0.9186/0.9165 |
| |
| DAILY EUR/JPY CROSS OUTLOOK - +160.90+ |
| Update Time: |
22 Nov 2024 09:10GMT |
Euro's sharp selloff fm 163.88 to 161.75 in NY
Thur n intr-day break of Tue's 1-1/2 month bottom
at 161.50 suggests decline fm Oct's 3-month peak at
166.69 has resumed n further weakness to 161.00/10
wud be seen but 160.76/90 shud hold initially.
Trade fm short side for 161.50 next as only abv
162.80/85 indicates temp. low made, risks 163.17.
|
|
| Rate: |
+160.90+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 162.13+ |
| Objective: |
+160.90+ |
| Stop-Loss: |
|
| Resistance: |
162.81/163.17/163.36 |
| Support: |
161.21/160.90/160.12 |
| |
| INTRA-DAY EUR/GBP OUTLOOK - +0.8270+ |
| Update Time: |
22 Nov 2024 09:17GMT |
Despite euro's intra-day rise abv 0.8340 (Thur)
to 0.8346 in Europeam morning, subsequent sharp
selloff on soft euro zone PMI (see MMN) signals
choppy swings below 0.8375 (Tue) wud continue n
below 0.8307 sup wud extend to 0.8270/76, 0.8261.
Trade fm short side for 0.8270 next as only abv
0.8345/50 risks re-test of 0.8375, 0.8395/98.
|
|
| Rate: |
+0.8270+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.8330 |
| Objective: |
0.8270 |
| Stop-Loss: |
|
| Resistance: |
0.8314/0.8346/0.8358 |
| Support: |
0.8261/0.8224/0.8200 |
| |
| DAILY EUR/JPY CROSS OUTLOOK - +162.08+ |
| Update Time: |
22 Nov 2024 04:07GMT |
Euro's sharp selloff fm 163.88 to 161.75 in NY
Thur n intr-day break of Tue's 1-1/2 month bottom
at 161.50 suggests decline fm Oct's 3-month peak at
166.69 has resumed n further weakness to 161.00/10
wud be seen but 160.76/90 shud hold initially.
Trade fm short side for 161.50 next as only abv
162.80/85 indicates temp. low made, risks 163.17.
|
|
| Rate: |
+162.08+ |
| Strategy: |
+Stop profit+ |
| Position: |
+Short at 163.08+ |
| Objective: |
|
| Stop-Loss: |
+162.08+ |
| Resistance: |
162.81/163.17/163.36 |
| Support: |
161.21/160.90/160.12 |
| |
| INTRA-DAY EUR/CHF OUTLOOK - +0.9300+ |
| Update Time: |
21 Nov 2024 13:38GMT |
Although euro's stroung bounce after Tue's sell-
off below 0.9308 (Sep) to a 3-month 0.9305 bottom
on safe-haven chf buying signals a temporary low
is made there, y'day's retreat fm 0.9365 has re-
tained daily bearishness for 0.9297/05, 0.9286.
Trade fm short side for 0.9300 next as only abv
0.9345/50 risks gain back to 0.9365/70, 0.9393/99.
|
|
| Rate: |
+0.9300+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9355 |
| Objective: |
0.9300 |
| Stop-Loss: |
|
| Resistance: |
0.9370/0.9399/0.9418 |
| Support: |
0.9285/0.9265/0.9212 |
| |
| INTRA-DAY AUD/USD OUTLOOK - +0.6510+ |
| Update Time: |
19 Nov 2024 03:17GMT |
As 0.6443 has contained pullback fm Fri's 0.6481
high, suggesting choppy trading abv Thur's 3-month
trough of 0.6441 wud continue with upside bias for
stronger retracement to 0.6495/00, abv yields 0.65
15/20, however, 0.6550/60 is likely to cap upside.
Trade fm long side for 0.6510 n only below 0.64
36/41 risks weakness to 0.6420/25, then 0.6395/00.
|
|
| Rate: |
+0.6510+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6450 |
| Objective: |
0.6510 |
| Stop-Loss: |
|
| Resistance: |
0.6481/0.6499/0.6515 |
| Support: |
0.6441/0.6399/0.6363 |
| |
| DAILY USD/CAD OUTLOOK - +1.4030+ |
| Update Time: |
14 Nov 2024 15:24GMT |
Due to technical issues, our services will be
limited starting November 15, 2024. We apologize
for any inconvenience this may cause, and we are
working diligently to resolve the situation.
|
|
| Rate: |
+1.4030+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3930 |
| Objective: |
1.4030 |
| Stop-Loss: |
Long at 1.3930 |
| Resistance: |
1.4043/1.4064/1.4115 |
| Support: |
1.3967/1.3926/1.3896 |
| |
| INTRA-DAY USD/JPY OUTOOK - +155.45+ |
| Update Time: |
13 Nov 2024 18:03GMT |
Due to severe weather warning in HK, services
will be limited on Nov. 14, 2024, sorry for any
inconvenience caused.
|
|
| Rate: |
+155.45+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 154.35+ |
| Objective: |
+155.45+ |
| Stop-Loss: |
|
| Resistance: |
155.53/155.98/156.29 |
| Support: |
154.80/154.35/154.16 |
| |
| DAILY USD/JPY OUTLOOK - +155.90+ |
| Update Time: |
14 Nov 2024 01:47GMT |
Due to severe weather warning in HK, services
will be limited on Nov. 14, 2024, sorry for any
inconvenience caused.
|
|
| Rate: |
+155.90+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 154.35+ |
| Objective: |
155.90 |
| Stop-Loss: |
|
| Resistance: |
155.98/156.29/156.63 |
| Support: |
155.62/155.35/155.13 |
| |
| DAILY USD/SGD OUTLOOK - +1.3450+ |
| Update Time: |
14 Nov 2024 02:04GMT |
Intra-day break of Wed's fresh 3-month high at
1.3435 suggests recent rise wud extend to 1.3490/96
but 1.3512/16 shud hold due to overbought condition
Trade fm long side for 1.3450 next as only below
1.3400/10 indicates temp. top made, risks 1.3340/50
|
|
| Rate: |
+1.3450+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.3340+ |
| Objective: |
+1.3450+ |
| Stop-Loss: |
+Long at 1.3340+ |
| Resistance: |
1.3464/1.3496/1.3516 |
| Support: |
1.3408/1.3355/1.3330 |
| |
| 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 |
| |
|
