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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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)
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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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.
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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 |
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Published by Trendsetter Financial Markets Limited. All rights reserved. |
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