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DAILY USD/CAD OUTLOOK - +1.3830+ |
Update Time:21 May 2025 16:07GMT Intra-day break of 1.3895/01 signals rise fm May's 1.3751 low has made a top at 1.4016 last Tue n usd wud head to 1.3859/62, then 1.3815/25 b4 up.
Trade fm short side for 1.3830 n only a firm rise abv 1.3920/30 risks 1.3945/50, 1.3968/75.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.3960 |
OBJECTIVE | : | 1.3830 |
STOP-LOSS | : | Short at 1.3960 |
RESISTANCE | : | 1.3920/1.3935/1.3968 |
SUPPORT | : | 1.3814/1.3774/1.3751 |
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INTRA-DAY EUR/USD OUTLOOK - +1.1320+ |
Update Time:21 May 2025 02:24GMT As 1.1219 has contained pullback fm y'day's 1.12 88 high, suggesting upmove fm last Mon's 1-month 1.1066 trough to retrace decline fm Apr's near 3- 1/2 year 1.1573 peak wud extend to 1.1330/36 after consolidation but 1.1370/80 is likely to cap upside
Buy on dips to 1.1230 for 1.320 n only below 1.1219 risks 1.1195/00, below, 1.1165/72 b4 bounce.
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STRATEGY | : | +Target met+ |
POSITION | : | +Long at 1.1230+ |
OBJECTIVE | : | 1.1320 |
STOP-LOSS | : | |
RESISTANCE | : | 1.1336/1.1364/1.1381 |
SUPPORT | : | 1.1288/1.1269/1.1246 |
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INTRA-DAY USD/CHF OUTLOOK - +0.8270+ |
Update Time:21 May 2025 02:22GMT Intra-day fall fm 0.8362 at Asian open n then break of y'day's 0.8319 low confirms decline fm last Mon's 1-month 0.8475 peak has resumed n weak- ness to 0.8270 sup wud be seen after consolidation, break, 0.8233/40 but 0.8187 sup shud remain intact.
Sell on pullback to 0.8340 for 0.8270 n only abv 0.8362/65 risks gain to 0.8400/05, abv, 0.8430/35.
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STRATEGY | : | +Target met+ |
POSITION | : | +Short at 0.8345+ |
OBJECTIVE | : | +0.8270+ |
STOP-LOSS | : | |
RESISTANCE | : | 0.8279/0.8309/0.8328 |
SUPPORT | : | 0.8233/0.8214/0.8187 |
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DAILY USD/CHF OUTLOOK - +0.8375+ |
Update Time:14 May 2025 08:30GMT Despite dlr's decline to a 10-year 0.8040 trough mid-Apr, subsequent rally to 0.8341 Fri, then Mon's rise abv there on US-China tariffs optimism con- firms LT decline has made a temp. bottom n gain to 0.8515/25 wud be seen after consolidation b4 down.
Trade fm long side for 0.8510 n below 0.8375/80 risks marginal drop as 0.8340/50 is likely to hold.
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STRATEGY | : | +Stop profit+ |
POSITION | : | Long at 0.8260 |
OBJECTIVE | : | |
STOP-LOSS | : | 0.8375 |
RESISTANCE | : | 0.8475/0.8488/0.8518 |
SUPPORT | : | 0.8411/0.8380/0.8349 |
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INTRA-DAY GBP/USD OUTLOOK - +1.3270+ |
Update Time:14 May 2025 19:13GMT Cable's intra-day retreat after break of y'day's 1.3316 high to 1.3361 (LSEG) suggests corrective upmove fm Mon's 3-1/2 week 1.3140 trough has made a temporary top n weakness to 1.3245/50 wud be seen after consolidation, below heads to 1.3215/25.
Trade fm short side for 1.3270 n only abv 1.3361 risks marginal gain as 1.3400/02 shud cap upside.
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STRATEGY | : | +Target met+ |
POSITION | : | +Short at 1.3345+ |
OBJECTIVE | : | 1.3270 |
STOP-LOSS | : | |
RESISTANCE | : | 1.3299/1.3322/1.3344 |
SUPPORT | : | 1.3248/1.3222/1.3191 |
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INTRA-DAY EUR/USD OUTLOOK - +1.1170+ |
Update Time:14 May 2025 19:08GMT As 1.1265 has capped corrective rise fm Mon's 1- month 1.1066 bottom, suggesting temporary top is in place n weakness to 1.1195/00, then 1.1165/70 wud be seen after consolidation, however, 1.1120/30 is likely to hold today, yield subsequent rebound.
Trade fm short side for 1.1170 n only abv 1.1265 risks marginal gain, 1.1290/00 shud cap upside.
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STRATEGY | : | +Target met+ |
POSITION | : | +Short at 1.1245+ |
OBJECTIVE | : | 1.1170 |
STOP-LOSS | : | |
RESISTANCE | : | 1.1215/1.1242/1.1265 |
SUPPORT | : | 1.1148/1.1124/1.1098 |
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DAILY AUD/JPY CROSS OUTLOOK - +94.35+ |
Update Time:12 May 2025 15:56GMT Intra-day higher open n break of prev. res at 93.55 signals rise fm Apr's 3-year 86.06 low wud extend to 94.60/70 but 95.10/20 may hold initially.
Trade fm long side for 95.05 next as only below 93.30/35 indicates temp. top made, risks 92.80/85.
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STRATEGY | : | +Stop profit+ |
POSITION | : | Long at 93.05 |
OBJECTIVE | : | Long at 93.05 |
STOP-LOSS | : | +94.35+ |
RESISTANCE | : | 95.11/95.39/95.74 |
SUPPORT | : | 94.23/93.99/93.53 |
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DAILY GBP/USD OUTLOOK - +1.3150+ |
Update Time:12 May 2025 11:41GMT Despite cable's rally fm a 3-week low at 1.3213 to 1.3322 Fri, intra-day selloff after US-China joint statement (see MMN) suggests recovery has ended n decline fm Apr's 3-year 1.3444 peak wud head to 1.3165/70, then 1.3140/45 b4 rebound occurs
Trade fm short side for +1.3150+ n only abv 1.32 60/65 risks 1.3295/00, abv, 1.3320/25 later.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.3320 |
OBJECTIVE | : | +1.3150+ |
STOP-LOSS | : | |
RESISTANCE | : | 1.3213/1.3254/1.3275 |
SUPPORT | : | 1.3140/1.3124/1.3097 |
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INTRA-DAY USD/CHF OUTLOOK - +0.8425+ |
Update Time:12 May 2025 07:29GMT Intra-day gap-up open abv Fri's 4-week 0.8341 high on US-China tariffs optimism, then present gain on US-China joint statement signals corrective upmove fm Apr's 10-year 0.8040 trough wud head to 0.8425/30 after consolidation, abv, 0.8460/70 later
Trade fm long side for +0.8425+ n below 0.8330/ 40 indicates top made, 0.8295/00, 0.8270 (Fri).
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 0.8270 |
OBJECTIVE | : | +0.8425+ |
STOP-LOSS | : | |
RESISTANCE | : | 0.8466/0.8488/0.8518 |
SUPPORT | : | 0.8399/0.8380/0.8349 |
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INTRA-DAY GBP/USD OUTLOOK - +1.3190+ |
Update Time:12 May 2025 07:32GMT Intra-day selloff on tariffs optimism after US- China joint statement suggests recovery fm Fri's 1.3213 low has ended at 1.3322 the same day n down- trend fm Apr's 3-year 1.3444 peak wud head to 1.31 85/90 after consolidation but 1.3145/50 may hold.
Trade fm short side for +1.3190+ n only abv 1.32 75/80 risks gain to 1.3295/00, abv, 1.3320/22.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.3320 |
OBJECTIVE | : | +1.3190+ |
STOP-LOSS | : | |
RESISTANCE | : | 1.3213/1.3254/1.3275 |
SUPPORT | : | 1.3165/1.3145/1.3124 |
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SPOT GOLD DAILY OUTLOOK - +$ 3300.00+ |
Update Time:08 May 2025 17:15GMT Gold's intra-day selloff fm 3414.70 to as low as 3289.10 in NY on risk-on trading due to easing tariffs tension suggests decline fm 3434.90 (Tue) remains in progress n weakness to 3270/3272, then 3245/3250 would be seen but break is needed to yield re-test of last Thur's trough at 3202.10.
In view of abv analysis, trade fm short side for 3300.00 handle first as only a daily close abv 3330/3335 prolongs choppy swings, risks 3365/3370.
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STRATEGY | : | +Target met+ |
POSITION | : | +Short at 3360.00+ |
OBJECTIVE | : | 3300.00 |
STOP-LOSS | : | |
RESISTANCE | : | 3320.30/3330.50/3369.50 |
SUPPORT | : | 3285.30/3272.50/3253.20 |
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DAILY GBP/JPY OUTLOOK - +192.85+ |
Update Time:09 May 2025 01:39GMT Y'day's rally fm 191.00 to as high as 193.49 in NY signals re-test of May's 4-wk 193.74 top is seen , abv need to extend rise fm 184.42 (Apr) to 194.00
Trade fm long side for 193.63 next as only below 194.00 next n only below 192.30/40 risks 191.70/80.
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STRATEGY | : | +Stop profit+ |
POSITION | : | +Long at 191.63+ |
OBJECTIVE | : | +Long at 191.63+ |
STOP-LOSS | : | +192.85+ |
RESISTANCE | : | 193.52/193.74/194.00 |
SUPPORT | : | 192.63/192.40/191.73 |
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DAILY EUR/JPY CROSS OUTLOOK - +163.95+ |
Update Time:02 May 2025 11:37GMT Despite euro's fall fm last Fri's 163.75 high to 161.71 Wed, y'day's rally in post-BOJ n then break of 144.18 res suggests upmove fm Feb's 154.80 bot- tom wud head to 164.90/00 after consolidation, break extends to 165.40/50 b4 correction occurs.
Trade fm long side for 165.00 n only below 163. 85/90 prolongs choppy swings, 163.40/45 later.
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STRATEGY | : | +Stop profit+ |
POSITION | : | Long at 162.24 |
OBJECTIVE | : | |
STOP-LOSS | : | 163.95 |
RESISTANCE | : | 164.63/164.90/165.03 |
SUPPORT | : | 163.40/163.13/162.70 |
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DAILY USD/JPY OUTLOOK - +144.90+ |
Update Time:02 May 2025 08:51GMT Despite dlr's fall fm last Fri's 144.03 high to 141.98 Tue, y'day's rally abv said res in post-BOJ to 145.92 today suggests corrective upmove fm Apr's 7-month 139.89 bottom wud heads to 146.50/60 after consolidation but 147.00/10 may cap upside today.
Trade fm long side for 146.50 n only below 144. 55/60 risks weakness to 144.15/25 b4 rebound occurs
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STRATEGY | : | +Stop profit+ |
POSITION | : | Long at 142.55 |
OBJECTIVE | : | |
STOP-LOSS | : | 144.90 |
RESISTANCE | : | 145.28/145.50/145.71 |
SUPPORT | : | 144.79/144.42/144.16 |
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SPOT GOLD DAILY OUTLOOK - +$ 3274.00+ |
Update Time:01 May 2025 02:39GMT Despite gold's intra-day rally fm 3267.80 at NY open to as high as 3319.80, subsequent retreat sig- nals price would continue to gyrate inside 3260.40- 3370.70 broad range with downside bias n re-test of said sup would be forthcoming, break extends fall fm 3500.10 (Apr) to 3245/3250 but 3230.00 may hold.
In view of abv analysis, trade fm short side for 3274.00 next as only a daily close abv 3295/3300 risks gain back to 3314/3315, abv, 3330.00.
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STRATEGY | : | +Target met+ |
POSITION | : | +Short at 3304.10+ |
OBJECTIVE | : | 3274.00 |
STOP-LOSS | : | |
RESISTANCE | : | 3299.80/3314.70/3330.00 |
SUPPORT | : | 3260.40/3245.80/3232.80 |
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DAILY GBP/JPY OUTLOOK - +193.20+ |
Update Time:01 May 2025 15:21GMT Intra-day break of last Fri's 191.72 high con- firms upmove fm Apr's near 7-mth 184.40 trough has resumed n wud head to 193.00/10, abv, 193.60/66.
Trade fm long side for +193.20+ n only below 192.20/30 risks weakness to 191.80/90 b4 rebound.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 190.94 |
OBJECTIVE | : | +193.20+ |
STOP-LOSS | : | Long at 190.94 |
RESISTANCE | : | 193.66/193.99/194.57 |
SUPPORT | : | 192.57/192.27/191.89 |
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INTRA-DAY USD/JPY OUTOOK - +144.85+ |
Update Time:01 May 2025 14:02GMT Intra-day rise abv y'day's 143.19 high in post- BoJ suggests pullback fm last Fri's 144.03 high has ended at 141.98 Tue n near term upmove fm Apr's 7- month 139.89 trough wud head to 144.20/30, then 144.55/65 but 145.10/20 is likely to hold initially
Trade fm long side for +144.85+ n below 143.30/ 40 prolongs choppy swings, risks 142.89 (Asia).
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 142.55 |
OBJECTIVE | : | +144.85+ |
STOP-LOSS | : | |
RESISTANCE | : | 145.12/145.33/145.77 |
SUPPORT | : | 144.42/144.14/143.98 |
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INTRA-DAY EUR/JPY OUTLOOK - +163.74+ |
Update Time:01 May 2025 12:54GMT Intra-day rally abv y'day's 142.70 high in post- BoJ suggests correction fm last Fri's 163.75 top has ended at 161.71 y'day n re-test of said res wud be seen after consolidation, break extends to 164. 18 (Mar n Apr's peak), abv, 164.50/54 b4 retreat.
Trade fm long side for +163.74+ n below 163.08/ 13 risks weakness to 162.60/70, which shud hold.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 162.24 |
OBJECTIVE | : | +163.74+ |
STOP-LOSS | : | |
RESISTANCE | : | 164.18/164.54/164.90 |
SUPPORT | : | 163.40/163.13/162.62 |
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WEEKLY USD/CHF OUTLOOK - +0.8200+ |
Update Time:28 Apr 2025 13:58GMT Despite Wed's rally fm a 15-month trough of 0.83 60 to 0.8583, y'day's selloff below said sup, then break of 0.8333 (Dec 2023 near 9-year trough) con- firms LT decline has resumed n weakness to 0.8200 target would be seen after consolidation, however, 0.8100 handle may hold due to oversold condition.
Trade fm short side for this move n only a daily close abv 0.8350/60 indicates temporary bottom is in place, risks retracement to 0.8455/65 later.
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STRATEGY | : | +Target met+ |
POSITION | : | +Short at 0.8560+ |
OBJECTIVE | : | 0.8200 |
STOP-LOSS | : | |
RESISTANCE | : | 0.8360/0.8466/0.8516 |
SUPPORT | : | 0.8142/0.8100/0.8077 |
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Published by Trendsetter Financial Markets Limited. All rights reserved. |
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