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INTRA-DAY GBP/USD OUTLOOK - +1.2245+ |
Update Time:22 Sep 2023 08:33GMT Intra-day break of 1.2255/60 sup area suggests recovery fm y'day's 5-1/2 month 1.2231 (Reuters) low has ended at 1.2307 the same day n downtrend wud extend to 1.2215/20 after consolidation, how- ever, 1.2191 sup is likely to hold initially.
Trade fm short side for 1.2245 n only abv 1.2285 /90 risks 1.2307, break yields 1.2331/34 b4 down.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.2295 |
OBJECTIVE | : | 1.2245 |
STOP-LOSS | : | |
RESISTANCE | : | 1.2287/1.2307/1.2333 |
SUPPORT | : | 1.2231/1.2219/1.2191 |
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INTRA-DAY EUR/GBP OUTLOOK - +0.8680+ |
Update Time:21 Sep 2023 11:00GMT Euro's intra-day strong bounce fm 0.8633 at Euro pean open suggests pullback fm Wed's 1-month top at 0.8659 has ended at 0.8628 (Asia) n abv wud extend recent erratic rise twd 0.8669/79 but Jul's 1-1/2 month 0.8701 high shud remain intact initially.
Trade fm long side for 0.8680 1st as only below 0.8615 risks weakness twd 0.8599, break, 0.8570.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 0.8640 |
OBJECTIVE | : | 0.8680 |
STOP-LOSS | : | |
RESISTANCE | : | 0.8669/0.8701/0.8734 |
SUPPORT | : | 0.8615/0.8599/0.8570 |
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INTRA-DAY EUR/JPY OUTLOOK - +157.30+ |
Update Time:21 Sep 2023 12:44GMT Although euro's intra-day strong bounce fm 157. 38 (Asia) suggests pullback fm Wed's 158.45 high has possibly made a temporary low there, reckon 158.00/10 wud remain intact n yield another fall but below 157.36/38 needed for 156.90/95, 156.60.
Remain as cautious seller for 157.30 1st as only abv 158.15 risks gain back twd 158.45.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 157.90 |
OBJECTIVE | : | 157.30 |
STOP-LOSS | : | |
RESISTANCE | : | 158.15/158.45/158.65 |
SUPPORT | : | 157.36/156.92/156.60 |
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DAILY AUD/USD OUTLOOK - +0.6400+ |
Update Time:21 Sep 2023 12:48GMT Despite aud's rise fm Sep's near 10-month 0.6358 low to 0.6511 in NY y'day, subsequent fall to 0.64 40 post-FOMC, then 0.6402 today signals top made n price wud head to 0.6381/85 after consolidation, break needed to bring re-test of 0.6358 later.
Trade fm short side for 0.6400 n only abv 0.6452 (AUS) prolongs choppy swings, 0.6470/75, 0.6490/00
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 0.6480 |
OBJECTIVE | : | 0.6400 |
STOP-LOSS | : | |
RESISTANCE | : | 0.6452/0.6473/0.6491 |
SUPPORT | : | 0.6400/0.6381/0.6358 |
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INTRA-DAY USD/CHF OUTLOOK - +0.9017+ |
Update Time:21 Sep 2023 07:32GMT Y'day's rally fm 0.8933 to a fresh 2-month 0.89 95 high post-FOMC, then intra-day break there sug- gests recent upmove has resumed n gain to 0.9013/17 , then 0.9056/60 wud be seen after consolidation b4 prospect of retreat due to overbought condition.
Trade fm long side for 0.9017 n only below 0.89 60/65 risks 0.8945/50, then 0.8933 again.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 0.8967 |
OBJECTIVE | : | 0.9017 |
STOP-LOSS | : | |
RESISTANCE | : | 0.9060/0.9075/0.9109 |
SUPPORT | : | 0.9008/0.8981/0.8950 |
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INTRA-DAY AUD/USD OUTLOOK - +0.6431+ |
Update Time:21 Sep 2023 00:26GMT Aud's selloff fm 0.6510 NY on Fed's unchanged rate decision signals recovery fm Sep's 10-month bottom at 0.6358 has ended there n consolidation with downside bias remains, below 0.6428 wud add credence to this view, 0.6417 later.
Remain as cautious seller for this move n only abv 0.6510 wud risk gain twds 0.6522.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 0.6481 |
OBJECTIVE | : | 0.6431 |
STOP-LOSS | : | |
RESISTANCE | : | 0.6510/0.6522/0.6571 |
SUPPORT | : | 0.6449/0.6428/0.6417 |
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INTRA-DAY EUR/USD OUTLOOK - +1.0644+ |
Update Time:21 Sep 2023 00:25GMT Despite euro's intra-day gain to 1.0736 in NY, current selloff on usd's strength in post-FOMC sig nals correction fm Sep's bottom at 1.0632 has ended there, below 1.0655 wud confirm this view n bring re-test of said sup later today or early tom.
Trade fm short side for 1.0644 1st n only abv 1.0736 wud risk gain twds 1.0750/60.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.0694 |
OBJECTIVE | : | 1.0644 |
STOP-LOSS | : | |
RESISTANCE | : | 1.0736/1.0752/1.0768 |
SUPPORT | : | 1.0655/1.0645/1.0632 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2327+ |
Update Time:20 Sep 2023 23:41GMT Cable's intra-day selloff fm 1.2421 in NY in post-FOMC on usd's strength signals recovery fm European 3-1/2 month bottom at 1.2334 has ended there n re-test of said sup is seen, break wud ex- tend recent decline twds 1.2308/10 later.
Trade fm short side for this move n only abv 1.2421/25 wud risk gain twds 1.2445.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.2377 |
OBJECTIVE | : | 1.2327 |
STOP-LOSS | : | |
RESISTANCE | : | 1.2425/1.2445/1.2512 |
SUPPORT | : | 1.2334/1.2308/1.2275 |
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INTRA-DAY USD/JPY OUTOOK - +148.05+ |
Update Time:20 Sep 2023 07:26GMT Intra-day break of Fri's 10-month 147.95 high suggests MT upmove has resumed n gain to 148.16/21, then 148.40/44 wud be seen after consolidation, how ever, loss of upward momentum shud prevent strong rise abv n 148.80/84 res area shud cap upside today
Trade fm long side for 148.05 n only below 147. 51/57 signals top made, 147.35/40, 146.98/02.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 147.55 |
OBJECTIVE | : | 148.05 |
STOP-LOSS | : | |
RESISTANCE | : | 148.21/148.44/148.84 |
SUPPORT | : | 147.70/147.51/147.35 |
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INTRA-DAY EUR/GBP OUTLOOK - +0.8650+ |
Update Time:20 Sep 2023 06:00GMT Despite euro's retreat after y'day's re-test of Mon's 1-mont peak at 0.8636 in Asia, subsequent re- bounce fm 0.8616 in NY signals said pullback has possibly ended n consolidation with upside bias re- mains, abv said res extends to 0.8647/55, 0.8669.
Trade fm long side for this move as only below 0.8595/00 may risk retracement back twd 0.8570.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 0.8600 |
OBJECTIVE | : | 0.8650 |
STOP-LOSS | : | |
RESISTANCE | : | 0.8636/0.8647/0.8669 |
SUPPORT | : | 0.8599/0.8570/0.8558 |
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DAILY AUD/JPY CROSS OUTLOOK - +95.50+ |
Update Time:19 Sep 2023 12:53GMT Y'day's strg bounce fm 94.79 (NY) suggests cor- rection fm Thur's 1-1/2 month 95.54 top possibly ended n abv extends recent rise twd 95.85/90.
Trade fm long side for 95.50 1st as only below 94.75/80 risks retracement back twd 94.50/55.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 94.80 |
OBJECTIVE | : | 95.50 |
STOP-LOSS | : | Long at 94.80 |
RESISTANCE | : | 95.54/95.86/96.16 |
SUPPORT | : | 94.79/94.52/94.20 |
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DAILY USD/CAD OUTLOOK - +1.3455+ |
Update Time:19 Sep 2023 08:05GMT Usd's fall fm Sep's 5-mth 1.3694 high to 1.3472 y'day suggests top is in place n weakness to 1.3440 /46 wud be seen but 1.3400/05 shud hold today.
Trade fm short side for 1.3455 n only abv 1.3528 /33 risks 1.3549 (Fri), break, 1.3565/69, 1.3587/93
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.3540 |
OBJECTIVE | : | 1.3455 |
STOP-LOSS | : | Short at 1.3540 |
RESISTANCE | : | 1.3497/1.3533/1.3549 |
SUPPORT | : | 1.3440/1.3413/1.3373 |
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DAILY AUD/JPY CROSS OUTLOOK - +95.25+ |
Update Time:15 Sep 2023 02:03GMT Intra-day rise on AU jobs data suggests gain to 95.05 res wud be seen after consolidation, break heads to 95.40/50 but 95.82/86 shud cap upside.
Trade fm long side for 95.25 next n only below 94.20 (Wed) confirms top made, 93.86/91 later.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 94.20 |
OBJECTIVE | : | 95.25 |
STOP-LOSS | : | Long at 94.20 |
RESISTANCE | : | 95.05/95.47/95.86 |
SUPPORT | : | 94.52/94.20/94.07 |
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INTRA-DAY EUR/JPY OUTLOOK - +157.75+ |
Update Time:14 Sep 2023 12:16GMT Y'day's fall fm 158.61 at NY open suggests cor- rective upmove fm Mon's 1-month 156.60 low has made a temporary top n below 157.75/80 wud bring retrace ment to 157.37/40, then 157.15/20 but 156.90/95 sup area may hold, yield subsequent rebound later.
Sell on pullback to 158.25 for 157.75 n only abv 158.35/40 risks 158.61/65, break, 159.00/05.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 158.25 |
OBJECTIVE | : | 157.75 |
STOP-LOSS | : | |
RESISTANCE | : | 158.32/158.65/159.05 |
SUPPORT | : | 157.78/157.63/157.37 |
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INTRA-DAY EUR/USD OUTLOOK - +1.0707+ |
Update Time:14 Sep 2023 12:16GMT Although euro has rebounded after y'day's fall fm 1.0764 to 1.0712, as 1.0761 has capped recovery, consolidation with downside bias remains, below Tue's 1.0706 low shud bring re-test of last Thur's near 3-month 1.0687 bottom, break, 1.0662/68 later.
Trade fm short side for 1.0707 1st n only abv 1.0764/68 risks 1.0780/84, then 1.0805/08.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.0757 |
OBJECTIVE | : | 1.0707 |
STOP-LOSS | : | |
RESISTANCE | : | 1.0768/1.0784/1.0808 |
SUPPORT | : | 1.0712/1.0703/1.0687 |
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SPOT SILVER DAILY OUTLOOK - +$ 22.60+ |
Update Time:14 Sep 2023 06:58GMT As xag has fallen after y'day's bounce fm a 3- week 22.75 low to 23.02, suggesting price wud head to 22.60, then 22.35/37 but 22.23 (Aug) may hold.
Trade fm short side for 22.60 n only abv 23.00/ 02 risks retrace. to 23.20/22, break, 23.45/48.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 23.15 |
OBJECTIVE | : | 22.60 |
STOP-LOSS | : | Short at 23.15 |
RESISTANCE | : | 22.84/23.02/23.22 |
SUPPORT | : | 22.35/22.23/22.11 |
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INTRA-DAY EUR/JPY OUTLOOK - +158.60+ |
Update Time:13 Sep 2023 14:15GMT Intra-day retreat after break of 158.50/52 res area to 158.65 suggests rise fm Mon's 156.60 low has made a minor temporary top n consolidation wud be seen b4 prospect of another rise, abv 158.65/72 yields marginal gain but 159.05/15 may cap upside.
Remain as cautious buyer for 158.60 n only below 157.95/00 risks weakness to 157.75/80, 157.55/60.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 158.10 |
OBJECTIVE | : | 158.60 |
STOP-LOSS | : | |
RESISTANCE | : | 158.65/158.72/159.05 |
SUPPORT | : | 157.97/157.78/157.37 |
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INTRA-DAY EUR/GBP OUTLOOK - +0.8610+ |
Update Time:12 Sep 2023 23:51GMT Euro's rally fm 0.8524 last Tue to as high as 0.8601 Thur suggests further choppy trading abv Aug's 11-1/2 month bottom at 0.8494 wud continue n as 0.8571 (Europe) has contained intra-day downside , bullishness remains n abv 0.8610, 0.8630/35.
Trade fm long side for this move n only below 0.8558 wud risk weakness to 0.8547.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 0.8560 |
OBJECTIVE | : | 0.8610 |
STOP-LOSS | : | |
RESISTANCE | : | 0.8632/0.8647/0.8669 |
SUPPORT | : | 0.8571/0.8558/0.8547 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2490+ |
Update Time:12 Sep 2023 07:40GMT Despite y'day's rise abv 1.2514 (Fri) to 1.2548 on usd's weakness in NY, subsequent retreat signals the recovery fm last Thur's near 3-month bottom at 1.2445 has possibly ended there, below 1.2470/73 adds credence to this view, 1.2445/51 later.
Trade fm short side for 1.2490 1st as only abv 1.2548/50 risks retrace. to 1.2565/67, 1.2585/87.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.2540 |
OBJECTIVE | : | 1.2490 |
STOP-LOSS | : | |
RESISTANCE | : | 1.2530/1.2548/1.2567 |
SUPPORT | : | 1.2473/1.2445/1.2428 |
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INTRA-DAY EUR/USD OUTLOOK - +1.0695+ |
Update Time:07 Sep 2023 12:33GMT Although euro has rebounded after y'day's brief break of Tue's 1.0707 low to a fresh near 3-month 1.0703 bottom, as 1.0731 has capped recovery, conso lidation with downside bias remains, below 1.0703 heads to 1.0690/95, then 1.0662/68 later.
Trade fm short side for 1.0695 next n only abv 1.0748 res risks 1.0766/72, abv, 1.0783/88 later.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.0745 |
OBJECTIVE | : | 1.0695 |
STOP-LOSS | : | |
RESISTANCE | : | 1.0731/1.0748/1.0772 |
SUPPORT | : | 1.0703/1.0668/1.0636 |
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DAILY GBP/USD OUTLOOK - +1.2500+ |
Update Time:06 Sep 2023 14:13GMT Although cable has rebounded after y'day's break of Aug's 1.2548 low to a 2-1/2 month 1.2529 bottom, as 1.2587 has capped recovery, consolidation with downside bias remains for weakness to 1.2500 but 1.2470/75 may hold today due to loss of momentum.
Trade fm short side for 1.2500 n only abv 1.2595 /00 confirms bottom made, risks 1.2632/42 later.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.2580 |
OBJECTIVE | : | 1.2500 |
STOP-LOSS | : | |
RESISTANCE | : | 1.2587/1.2613/1.2642 |
SUPPORT | : | 1.2529/1.2487/1.2474 |
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INTRA-DAY USD/JPY OUTOOK - +147.65+ |
Update Time:06 Sep 2023 16:23GMT Although dlr's intra-day retreat after 1-tick break of y'day's 147.80 high to a fresh 9-1/2 month 147.81 peak suggests minor temp. top is made, pre- sent bounce fm 147.02 has retained bullish view, abv 147.81 extends to 148.10/15, then 148.40/44.
Trade fm long side for 147.70 1st n only below 147.00/02 risks 146.80/85, then 146.60/65.
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STRATEGY | : | +Target met+ |
POSITION | : | +Long at 147.15+ |
OBJECTIVE | : | 147.65 |
STOP-LOSS | : | |
RESISTANCE | : | 147.81/148.15/148.44 |
SUPPORT | : | 147.02/146.85/146.65 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2530+ |
Update Time:06 Sep 2023 13:48GMT As cable has retreated after y'day's rebound fm a 2-1/2 month 1.2529 low to 1.2587, suggesting reco very has ended n recent decline wud resume n head to 1.2500/05, then 1.2487/90 after consolidation but 1.2470/75 may hold due to loss of momentum.
Trade fm short side for 1.2530 n only abv 1.2595 /00 risks retracement to 1.2613/15, 1.2632/42.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.2580 |
OBJECTIVE | : | 1.2530 |
STOP-LOSS | : | |
RESISTANCE | : | 1.2587/1.2613/1.2642 |
SUPPORT | : | 1.2529/1.2487/1.2474 |
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INTRA-DAY EUR/JPY OUTLOOK - +158.40+ |
Update Time:06 Sep 2023 13:39GMT Euro's rally fm Fri's low at 157.06 to 158.25 Mon, then to 158.50 y'day suggests decline fm last Wed's near 15-year 159.78 peak has made a temp. low there n as 157.78 has contained intra-day retreat, upside bias remains n abv 158.50, 157.70/75.
Trade fm long side for 158.40 1st as only below 157.75/78 may risk weakness twd 157.60/65.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 157.90 |
OBJECTIVE | : | 158.40 |
STOP-LOSS | : | |
RESISTANCE | : | 158.39/158.50/158.72 |
SUPPORT | : | 157.78/157.62/157.34 |
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SPOT SILVER DAILY OUTLOOK - +23.10+ |
Update Time:06 Sep 2023 13:28GMT Intra-day break of 23.48 (Tue) suggests recent decline fm 25.01 wud extend twd 23.00/05 but reckon 22.67/71 may hold n yield rebound later.
Trade fm short side for 23.30 1st as only abv 24.00 risks retracement back twd 24.25/30.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 23.80 |
OBJECTIVE | : | 23.10 |
STOP-LOSS | : | Short at 23.80 |
RESISTANCE | : | 24.00/24.29/24.82 |
SUPPORT | : | 23.22/23.01/22.67 |
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INTRA-DAY USD/CHF OUTLOOK - +0.8891+ |
Update Time:05 Sep 2023 12:28GMT Dlr's intra-day rally in European morning n break of 0.8863 (Fri) on usd's strength suggests re-test of Aug's 1-1/2 month 0.8876 top wud be seen after consolidation, break extends upmove fm Jul's 8-1/2 month 0.8553 trough to 0.8895/00, 0.8913/18.
Trade fm long side for 0.8891 next n only below 0.88/30/35 risks 0.8810/15, break, 0.8796/00.
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STRATEGY | : | +Target met+ |
POSITION | : | Long at 0.8841 |
OBJECTIVE | : | 0.8891 |
STOP-LOSS | : | |
RESISTANCE | : | 0.8876/0.8897/0.8918 |
SUPPORT | : | 0.8833/0.8813/0.8796 |
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DAILY GBP/USD OUTLOOK - +1.2560+ |
Update Time:05 Sep 2023 08:02GMT Although cable's rebound fm Fri's 1.2578 low sug gests decline fm last Wed's 1.2746 high has made a temp. bottom, as 1.2642 has capped recovery y'day, downside bias remains for weakness to 1.2563/66, then Aug's 1.2548 trough, below, 1.2528/30 later.
Trade fm short side for 1.2560 n only abv 1.2655 /60 risks 1.2685/90, then possibly 1.2710/12.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.2640 |
OBJECTIVE | : | 1.2560 |
STOP-LOSS | : | |
RESISTANCE | : | 1.2642/1.2689/1.2712 |
SUPPORT | : | 1.2598/1.2578/1.2563 |
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DAILY AUD/USD OUTLOOK - +0.6380+ |
Update Time:05 Sep 2023 06:52GMT Although aud has rebounded after Fri's fall fm 0.6522 to 0.6439 in post-NFP NY, as 0.6480 has cap- ped recovery y'day, downside bias remains, below 0.6439 wud head to 0.6401/03, then 0.6380 but Aug's 9-month 0.6365 trough shud hold on 1st testing.
Trade fm short side for 0.6380 n only abv 0.6495 /00 risks 0.6522, break, 0.6550/55, 0.6568/71.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 0.6470 |
OBJECTIVE | : | 0.6380 |
STOP-LOSS | : | |
RESISTANCE | : | 0.6439/0.6480/0.6499 |
SUPPORT | : | 0.6380/0.6365/0.6333 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2590+ |
Update Time:05 Sep 2023 06:29GMT As cable has retreated after rise fm Fri's 1.25 78 low to 1.2642 in Europe y'day, suggesting reco- very has possibly ended, below 1.2595/00 adds cre- dence to this view n heads to 1.2578, then 1.2563/ 66, break needed to bring re-test of 1.2548 (Aug).
Trade fm short side for 1.2590 n only abv 1.2642 risks 1.2655/60, abv, 1.2685/90, then 1.2710/12.
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STRATEGY | : | +Target met+ |
POSITION | : | Short at 1.2640 |
OBJECTIVE | : | 1.2590 |
STOP-LOSS | : | |
RESISTANCE | : | 1.2642/1.2689/1.2712 |
SUPPORT | : | 1.2578/1.2563/1.2548 |
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Published by Trendsetter Financial Markets Limited. All rights reserved. |
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