Update Time:07 Jun 2023 10:44GMT

Despite cable's intra-day fall fm 1.2438 at 
Asian open, loss of downward momentum n present re-
bound fm 1.2395 has retained bullish view, abv 1.24
38 wud head to 1.2456/59, break extends near term
upmove to 1.2495/00, then 1.2520/25 b4 retreat.

  Remain as cautious buyer for 1.2456 n only below
1.2392/95 risks 1.2369 (Mon), break, 1.2349/50.

Update Time:06 Jun 2023 07:33GMT

Although euro's rebound after intra-day brief 
break of y'day's bottom at 149.24 (NY) suggests 
nr term fall fm 150.19 (Mon) has made a temp. low 
there, subsequent retreat fm 140.69 (Asia) has re-
tained bearishness n below 149.21, 148.70 later.

  Trade fm short side for 149.10 1st as only abv 
149.80 risks gain back twd 150.05, break, 150.19.

Update Time:06 Jun 2023 07:11GMT

Despite dlr's rise fm Fri's 0.9035 low to 0.9119
in Europe y'day, subsequent fall to 0.9053 on usd's
weakness n selling in eur/chf cross signals reco-
very has ended n below 0.9035 heads to 0.9015/20
but 0.8986/93 is likely to contain downside today.

  Trade fm short side for 0.9035 n only abv 0.9114
/19 may risk re-test of last Wed's 0.9148 peak.

Update Time:05 Jun 2023 16:11GMT

Despite cable's intra-day fall to 1.2369 at NY
open, current rally on poor US data signals pull-
back fm Fri's high at 1.2544 has ended there n con-
solidation with upside bias remains for gain twds 
1.2456, however, 1.2495 may remain intact.

  Remain as cautious buyer for 1.2444 n only below
1.2369 risks weakness twds 1.2349/53 b4 bounce.

Update Time:05 Jun 2023 14:11GMT

Dlr's current sharp retreat on poor US data fm 
0.9119 at NY open signals further choppy swings be-
low last Wed's 8-week peak at 0.9148 wud continue 
with downside bias, below 0.9048 wud bring weakness
twds 0.9020/25 b4 prospect of a rebound later.

  Remain as cautious seller for 0.9065 n only abv
0.9125/30 risks re-test of 0.9148 later.

Update Time:05 Jun 2023 14:05GMT

Although aud's retreat fm Fri's 1-week high at 
0.6638 suggests corrective upmove fm May's 6-1/2 
month 0.6459 trough has made a temporary top n 
range trading is seen, intra-day bounce fm 0.6580 
has retained bullishness, abv 0.6638, 0.6675.

  Remain as cautious buyer for this move n only 
below 0.6559 wud risk weakness to 0.6539.

Update Time:02 Jun 2023 16:46GMT

Despite euro's sharp retreat fm 149.68 to 148.70
in NY Thur, subsequent rebound signals choppy trad-
ing abv Wed's 2-week bottom at 148.60 wud continue 
n re-test of 149.76 res may be seen after consolida
tion but abv needed for retracement twd 150.10.

  Turn cautious buyer to 149.40 for 149.90 1st as 
only below 149.26 risks weakness twd 148.99.

Update Time:02 Jun 2023 17:41GMT

Dlr's rally fm 138.75 in post-NFP signals early
correction fm last Thur's 6-month peak at 140.93 
has ended at 138.43 y'day n upside bias remains for
gain twds 139.95/00, however, o/bot condition may 
keep price below res 140.40 today.

  Trade fm long side for this move n only below 
138.61 wud risk weakness twds 138.43.

Update Time:02 Jun 2023 08:58GMT

Intra-day selloff below 1.3469 (Thur) signals nr
term fall fm Wed's 2-1/2 month 1.3561 peak wud ex-
tend twd 1.3428 but break needed for 1.3395/97.

  Trade fm short side for 1.3435 1st as only abv 
1.3490/95 risks gain back twd 1.3530/35 later.

Update Time:02 Jun 2023 08:33GMT

Y'day's selloff fm 1.3585 signals choppy trading
inside 1.3302-1.3668 range wud continue n wud head
to 1.3405/15, break, 1.3363/66 b4 rebound.

  Trade fm short side for 1.3415 n only abv 1.3485
/90 prolongs consolidation, 1.3530/35, 1.3560/65.

Update Time:02 Jun 2023 00:04GMT

Xag's rally to 23.61 Wed signals corrective fall
fm May's 1-year 26.13 peak has ended at 22.68 n 
abv 24.20 yields stronger retracement twd 25.10/23.

  Trade fm long side for 23.90 1st as only below 
22.93 risks re-test of 22.68, break, 22.10/20.

Update Time:02 Jun 2023 03:00GMT

Nzd's rise fm Wed's 6-1/2 month 0.5986 low to
0.6077 y'day suggests bottom made n wud head to
0.6094/96, break, 0.6110/14 but 0.6142/45 may hold.

  Trade fm long side for 0.6085 n only below 0.60
26/27 risks 0.6607/10, break, 0.5986/91 later.

Update Time:02 Jun 2023 02:36GMT

Y'day's break of 23.61 (Thur) to 23.92 in NY sig
nals nr term rise fm 22.68 (May) wud extend twd 
24.01 but 24.20 shud hold on 1st testing.

  Trade fm long side for 23.90 1st as only below 
23.28 risks weakness twd 22.93, break, 22.68.

Update Time:01 Jun 2023 17:12GMT

Euro's rally abv 0.9725 (Tue) to 0.9751 in NY 
Wed signals recent erratic decline has made a temp.
low at Tue's 7-1/2 month bottom at 0.9673 n subse-
quent retreat wud yield consolidation b4 prospect 
of another rise n abv 0.9762 wud head twd 0.9782.

  Remain as cautious buyer for 0.9760 1st as only
below 0.9710 may risk re-test of 0.9673 later.

Update Time:01 Jun 2023 16:03GMT

Euro's intra-day rally fm European sup at 1.0662
signals recent decline has made a temp. low at 1.06
32 y'day n consolidation with upside bias remains 
for stronger retracement twds 1.0746/50, however, 
1.0775/80 shud remain intact, yield retreat.

  Trade fm long side for this move n only below 
1.0659/62 wud risk weakness twds 1.0632.

Update Time:01 Jun 2023 15:17GMT

Usd's fall fm 1.3651 Wed signals choppy swings
inside 1.3302-1.3668 broad range wud continue with
downside bias, below 1.3532/35, 1.3485/90 b4 up. 

  Remain as cautious seller for 1.3505 1st n only
abv 1.3610 wud risk gain twds 1.3651/55.

Update Time:01 Jun 2023 14:02GMT

Y'day's bounce fm a 6-1/2 month 0.6459 low on
usd's weakness suggests MT decline has possibly
made a temporary bottom, abv 0.6539 res wud add cre
dence to this view n heads to 0.6555/59, break wud
extend to 0.6585/87 b4 prospect of retreat.

  Trade fm long side for 0.6545 n only below 0.64
70/75 risks 0.6459, below may yield 0.6415/20.

Update Time:01 Jun 2023 14:01GMT

Gold's rally abv 1963.50 (Tue) to 1974.80 in NY 
on falling US yields suggests erratic decline fm 
record high at 2080.70 has made a temporary low at 
1932.30 Mon n subsequent retreat would yield conso-
lidation b4 prospect of anoter rise but abv 1985/
1986 is needed to yield retracement twd 1993.00.

 In view of abv analysis, remain as cautious buyer
for 1974.00 1st as only a daily close below 1952/
1953 indicates recovery over, risks 1936.90.

Update Time:01 Jun 2023 13:53GMT

Cable's intra-day rally abv Tue's high at 1.2447
signals corrective rise fm last Thur's 1-1/2 month
bottom at 1.2308 has once again resumed n further 
gain twds 1.2510/20 wud be seen b4 prospect of a
much-needed retreat due to loss of momentum.

  Trade fm long side for this move n only below 
1.2400/05 wud risk weakness to 1.2373.

Update Time:01 Jun 2023 11:05GMT

Despite cable's intra-day brief break of Tue's
1.2447 high to 1.2450 in Aust. today, subsequent
retreat suggests temporary top is in place n pre-
sent bounce fm 1.2401 has retained bullish view for
re-test of 1.2450, break, 1.2470/72, then 1.2480/84

  Remain as cautious buyer for 1.2470 n only below
1.2400/01 risks retrace. to 1.2370/75 b4 bounce.

Update Time:31 May 2023 23:41GMT

Dlr's retreat after intra-day spike up to 140.40
in NY morning signals further choppy swings below 
y'day's 6-month peak at 140.93 wud continue with 
downside bias, below European sup at 139.32 is 
needed to bring stronger retrace. to 139.00/05.

  Remain as cautious seller for this move n only 
abv 140.40 wud risk re-test of said top.

Update Time:31 May 2023 23:33GMT

Cable's intra-day bounce fm 1.2349 in Europe to
1.2412 in NY signals further choppy swings abv last
Thur's 1-1/2 month 1.2308 bottom wud continue with 
upside bias n abv 1.2447 (Tue) wud bring stronger 
retracement twds 1.2469 b4 retreat.

  Remain as cautious buyer for 1.2440 1st n only 
below 1.2349 wud risk weakness twds 1.2328.

Update Time:31 May 2023 18:09GMT

Despite a brief spike up to 140.40 in NY morning
, subsequent retreat signals recovery fm European 
sup at 139.32 has ended there n consolidation with 
downside bias remains for a re-test of said sup, 
break wud extend recent decline to 139.19.

  Trade fm short side for this move n only abv 140
.05 wud risk gain twds 140.40.

Update Time:31 May 2023 14:27GMT

Although y'day's fall fm 1.2447 (Reuters) sug-
gests corrective upmove fm last Thur's 1-1/2 month
1.2308 low has made a temporary top n consolidation
wud be seen b4 prospect of another rise, abv 1.2395
/00 yields 1.2426 (Asia), then 1.2447 again.

  Remain as cautious buyer for 1.2410 n only below
1.2322/28 risks re-test of 1.2308, break, 1.2275/80

Update Time:31 May 2023 16:21GMT

As euro has fallen after y'day's rise fm a fresh
2-month 1.0673 low to 1.0746, suggesting recent de-
cline has resumed n weakness to 1.0632/35 wud be
seen after consolidation, however, oversold condi-
tion is likely to keep price abv 1.0595/00 today.

  Sell on pullback to 1.0695 for 1.0645 n only abv
1.0715/20 risks gain back to 1.0743/46, 1.0758/61.

Update Time:31 May 2023 08:30GMT

Despite euro's bounce fm last Fri's 1.0761 low
to 1.0831 Mon, subsequent fall suggests recovery
has ended n recent decline fm Apr's 1-year 1.1095
peak would extend to 1.0655/665 after consolida-
tion, however, anticipated loss of downward momen-
tum should keep price abv 1.0632/35, yield bounce.

  Trade fm short side for 1.0670 next n only abv
1.0846/49 risks stronger retracement to 1.0900/04
but 1.0942/48 should cap upside, yield retreat.

Update Time:31 May 2023 05:39GMT

Y'day's selloff fm 91.94 to as low as 90.90 (NY)
suggests re-test of 90.77 sup wud be seen, break 
wud extend decline fm 92.35 twd 90.50/55 later.

  Trade fm short side for 90.60 1st as only abv 
91.40 risks stronger retracement twd 92.00.

Update Time:31 May 2023 03:58GMT

Intra-day selloff below Tue's 6-1./2 month low 
at 0.6026 signals recent erratic decline wud extend
twd 0.6000 b4 bounce due to loss of momentum.

  Trade fm short side for this move as only abv 
0.6066/71 risks stronger retracement twd 0.6096.

Update Time:30 May 2023 13:36GMT

Although euro has risen after last Wed's fall to
a 5-month low of 0.8649, as 0.8710 has capped reco-
very, consolidation with downside bias remains n 
intra-day break of 0.8666 sup wud re-test 0.8649,
break would extend MT decline to 0.8615/20 later.

  Trade fm short side for 0.8630 n only abv 0.8710
risks gain to 0.8730/34, then 0.8746/50 later.

Update Time:30 May 2023 05:26GMT

Y'day's fall fm 1.0743 to 1.0706, then 1.0702 in
Asia today suggests recovery fm Fri's fresh 2-month
1.0701 low has ended n recent decline wud extend to
1.0664/68 after consolidation, but 1.0632/35 may
hold today due to loss of downward momentum.

  Trade fm short side for 1.0684 n only abv 1.0743
signals low made, 1.0758/61, break, 1.0796/01.

Update Time:30 May 2023 05:20GMT

Although gold's rise fm Fri's 2-month 1936.90
low suggests recent decline fm May's record high of
2080.70 has made a temporary low, as 1957.10 has
capped upside, downside bias remains for downtrend
to resume n extend to 1934.40 sup, but break needed
for weakness to 1918/1920 b4 prospect of rebound.

  Trade fm short side for 1937.00 after consolida-
tion n only abv 1951/1952 prolongs choppy sideways
swings, risks gain to 1957.10, break, 1963/1965.

Update Time:30 May 2023 00:57GMT

As euro has fallen after double-top formation at
0.8710, suggesting recovery fm last Wed's 5-month
0.8649 low has possibly ended, below 0.8662/66 wud
add credence to this view n bring re-test of 0.8649
, where break extends decline to 0.8615/20 later.

  Trade fm short side for 0.8665 1st n only abv
0.8710 risks 0.8718/20, abv, 0.8740/46.

Update Time:29 May 2023 11:20GMT

Intra-day break of Fri's 0.9688 low suggests re-
test of last Mon's 7-month 0.9678 bottom wud be
seen after consolidation, break extends MT decline
marginally to 0.9644/50, which shud hold n yield
rebound later due to loss of downward momentum.

  Trade fm short side for 0.9680 n only abv 0.9717
/21 risks 0.9730/33, then 0.9751 (Wed).

Update Time:28 May 2023 23:17GMT

Although euro's retreat after resumption of up-
move fm May's 146.14 low to 150.05 in Asia today
suggests minor temporary top is made n retracement
to 148.84 (50% r of 147.62-150.05) would be likely
b4 prospect of another rise to 150.90/00 but May's
14-1/2 year 151.61 peak should hold initially.

  Buy on dips to 148.85 for 150.85 after consolida
tion n only below 148.45/50 risks weakness to 148.
00/10 but 147.62/65 would contain downside.

Update Time:28 May 2023 23:17GMT

Stg's rally to a fresh 7-year peak at 172.79 Wed
suggests LT upmove has once again resumed but loss
of momentum shud cap price below 173.20/30.

  Trade fm long side for this move as only below 
171.20 signals temp. top n risks 170.10/20.

Update Time:26 May 2023 14:45GMT

Cable's intra-day selloff fm 1.2395 signals the 
recovery fm y'day's 1-1/2 month bottom at 1.2308 
has ended there n consolidation with downside bias
remains for a re-test of said sup, break wud extend
recent decline twds 1.2297/00 later.

  Remain as cautious seller for 1.2327 1st n only
abv 1.2395 wud risk stronger retracement twd 1.2414

Update Time:26 May 2023 12:45GMT

Although euro's rally abv 150.05 (Tue) to a 3-wk
peak at 150.31 in tandem with US yields in NY Thur 
signals recent erratic upmove remains in force n 
gain twd 150.60/65 wud be seen, reckon 150.80/85 
wud hold n yield retreat due to loss of momentum.

  Turn cautious buyer to 149.85 for 150.55 1st as 
only below 149.30 risks strg retracement twd 149.08

Update Time:26 May 2023 12:33GMT

Euro's retreat after y'day's rally abv 150.05
(Tue) to a 3-week peak at 150.31 in NY in tandem q
with US yields suggests recent erratic upmove wud 
extend twd 150.60/65 but reckon 150.80/85 shud hold
n yield correction due to loss of mometum.

  Turn cautious buyer to 149.85 for 150.35 1st as
only below 149.30 risks retracement twd 148.85.

Update Time:26 May 2023 12:42GMT

DLr's current rally after release of US data n 
break abv y'day's fresh 6-month peak at 140.22 sig
nals MT upmove remains in progress n further gain 
twds 140.45/50 wud be seen b4 prospect of a much-
needed correction due to loss of momentum.

  Trade fm long side for this move n only below 
139.70 wud risk weakness twds 139.40/50.

Update Time:25 May 2023 23:24GMT

Intra-day rally abv y'day's fresh 2-month peak 
at 1.3501 signals recent upmove wud head twd 1.3550
b4 prospect of correction due to loss of momentum.

  Trade fm long side for this move as only below 
1.3485/90 risks stronger retracement to 1.3450/55.

Update Time:25 May 2023 23:16GMT

Dlr's intra-day firm break abv y'day's 5-1/2 
month peak at 139.47 signals recent erratic upmove 
remains in progress n further gain twds 140.20/30
wud be seen after consolidation, however, loss of 
momentum wud keep price below 140.36/40.

  Trade fm long side for this move n only below 
139.27 wud risk weakness to 138.83.

Update Time:25 May 2023 23:15GMT

Dlr's current rise abv Asian 6-month peak at 
139.70 on usd's strength signals MT upmove remains 
in progress n further gain twds 140.10/15 wud be 
seen after consolidation, however, o/bot condition
wud keep price below 140.36/40.

  Trade fm long side for this move n only below 
139.19 wud risk stronger weakness to 138.83.

Update Time:25 May 2023 15:55GMT

Cable's fall in Europe n current break below 
Asian sup at 1.2332 signals decline fm May's 1-year
peak at 1.2679 remains in progress n further weak-
ness twds 1.2297/00 wud be seen, however, loss of 
momentum wud keep price abv 1.2250.

  Trade fm short side for this move n only abv 
1.2386 wud risk stronger retrace. to 1.2414.

Update Time:25 May 2023 01:17GMT

Xag's retreat fm 24.01 (Fri) suggests recovery 
fm Thu's 1-1/2 mth 23.33 low possibly ended n below
wud extend fall fm 26.13 (May) twd 23.05, 22.80/85.

  Trade fm short side for this move as only abv 
23.65/70 may risk gain twd 24.20 later.

Update Time:25 May 2023 00:12GMT

Wed's selloff after RBNZ's expected rate hike n
then break of Apr's 0.6112 low suggests re-test of
Mar's 0.6085 bottom wud be seen, 0.6000/10 wud hold

  Trade fm short side for 0.6099 next n only abv
0.6256/63 indicates low made, risks 0.6302/05.

Update Time:25 May 2023 00:06GMT

Despite aud's erratic rise fm Mar's 0.6565 low
to a 2-month 0.6818 high in May, subsequent selloff
on usd's broad-based strength to 0.6605 last Thur,
then intra-day break there suggests re-test of 0.65
65 would be seen after consolidation, break extends
downtrend fm Feb's 0.7158 peak to 0.6520/25 b4 up.

  Trade fm short side for 0.6537 n only a firm
break abv 0.6627/30 indicates temp. bottom made,
risks retrace. to 0.6673/75 but 0.6706/09 wud hold.

Update Time:24 May 2023 18:18GMT

Dlr's intra-day rally n break abv y'day's fresh
5-1/2 month peak at 138.90 signals recent erratic
upmove has once again resumed n further gain twds 
139.30/40 wud be seen, however, loss of momentum 
wud prevent sharp move beyond n bring correction.

  Trade fm long side for this move n only below 
138.40/50 wud risk weakness to 138.24.

Update Time:24 May 2023 18:12GMT

Despite dlr's fall fm last Thur's 1-month 0.9062
high to 0.8941 Mon, subsequent rise to 0.9029 y'day
n intra-day break abv there signals a re-test of 
said res is seen, break wud extend erratic upmove 
fm May's 27-month 0.8821 bottom to 0.9085/89.

  Trade fm long side for 0.9060 next n only below
0.8986 (Tue NY low) risks 0.8941/45 b4 rebound.

Update Time:24 May 2023 14:45GMT

Despite aud's rise fm Thur's 0.6605 low to 0.66
75 Fri, subsequent fall n intra-day break of said
sup suggests re-test of Mar's 0.6565 bottom is like
ly after consolidation, where break extends decline
fm Feb's 7-1/2 month 0.7158 peak to 0.6520/25.

  Trade fm short side for 0.6550 next n only abv
0.6640/45 risks 0.6660/62, 0.6673/75 shud hold.

Update Time:24 May 2023 14:23GMT

Although dlr's retreat fm y'day's fresh 5-1/2
month 138.90 high suggests MT upmove has made a
temporary top n as 138.24 has contained retreat in 
Europe today, bullishness is retained for 139.25/30
b4 prospect of correction due to loss of momentum.

  Trade fm long side for 138.80 1st as only below 
138.25 (Tue) risks 138.00/05, break, 137.77/80.