Update Time:26 Jul 2024 01:31GMT

Intra-day rally fm a fresh 2-1/2 month trough of
151.95 to 154.19 on US data suggests recent decline
fm Jul's 38-year 161.96 peak has made a temoprary
bottom n present retreat wud yield consolidation b4
heading to 154.37/40, then 154.55/65 b4 pullback.

  Trade fm long side for 154.05 n only below 153.
00/10 risks 152.70/75, below, 152.35/40, 151.95.

Update Time:25 Jul 2024 15:18GMT

Intra-day rally fm a 2-1/2 month trough of 164.
84 to 167.23 suggests decline fm Jul's near 32-year
175.42 peak has made a temporary bottom n present
retreat wud yield consolidation b4 another rise, 
abv 167.23, 167.45/50, 168.00/04 b4 down.

  Trade fm long side for 167.15 n only below 165.
95/00 risks 165.60/65, break, 165.30/35 later.

Update Time:25 Jul 2024 02:11GMT

Y'day's selloff to a fresh 3-week 27.68 low sig-
anls re-test of 28.57 sup is seen, below extends
fall fm 32.51 (May) twd 28.40/45 but 28.00 may hold

  Trade fm short side for 28.40 next as only abv 
29.42/50 risks gain back twd 29.70/75.

Update Time:24 Jul 2024 14:20GMT

Despite euro's resumption of upmove to a 4-month
peak of 1.0948 last Wed, subsequent fall to 1.0844
y'day, then lower today on euro zone PMI confirms
top is made n below 1.0801/06 sup area wud head to
1.0776/79 but 1.0746/53 shud hold on 1st testing.

  Trade fm short side for 1.0805 next n only abv
1.0872/76 confirms trough made, 1.0903/06 b4 down.

Update Time:24 Jul 2024 12:48GMT

Euro's intra-day selloff in Europe n break of 
last Thur's 2-week bottom at 0.9643 suggests fall 
fm last Mon's 5-week 0.9773 remains in force n weak
ness twd 0.9600/10 wud be seen but break needed to 
extend to 0.9550/62 b4 prospect of bounce later.

  Trade fm short side for 0.9620 next as only abv 
0.9655/60 risks re-test of 0.9691 res.

Update Time:24 Jul 2024 02:40GMT

Despite dlr's rally fm last Thur's 1-month low 
155.38 to 157.86 Fri, subsequent selloff to 156.29
Mon, then to 156.20 today suggests recovery has 
ended n re-test of 155.38 is seen, break extends
recent decline to 155.13/15, then 154.56/62 b4 up.

  Trade fm short side for 155.55 n only abv 157.
15/20 risks 157.61, abv wud head to 157.86/89.

Update Time:24 Jul 2024 02:07GMT

Dlr's selloff fm 17.10 to as low as 155.56 in NY
Tue on broad-based yen buying signals downside bias
remains for re-test of last Thur's 1-month bottom 
at 155.38, break extends decline fm Jul's 38-year
161.96 top twd 155.13 but 154.56 (Jun) shud hold.

  Trade fm short side for 155.55 next as only abv 
155.95/00 risks retracement back to 156.25/30.

Update Time:23 Jul 2024 13:59GMT

Intra-day break of 1.0872/73 sup area suggests
decline fm last Wed's 4-month peak at 1.0948 has
resumed n weakness to 1.0842/45, then 1.0830/33 wud
be seen after consolidation, however, 1.0801/06 
shud remain intact today, yield rebound later.

  Trade fm short side for 1.0850 n only abv 1.0880
/85 risks gain to 1.0903/06 b4 retreat occurs.

Update Time:23 Jul 2024 08:36GMT

Despite dlr's intra-day sharp retreat in Asia n 
break of 156.29 (Mon) to 156.20, subsequent bounce 
signals nr term fall fm 157.86 (Fri) has made a 
temp. low there n consolidation is seen b4 another 
fall twd 156.00, break yields 155.80/85, 155.38.

  Trade fm short side for 155.85 next as only abv 
156.85/90 risks gain to 157.10/16, 157.60/65.

Update Time:23 Jul 2024 04:03GMT

Y'day's selloff fm 157.61 n then break of 156.
75/79 sup area to 156.29 suggests recovery fm Thu's
1-mth 155.38 low has possibly ended at 157.86 Fri,
below 156.00/10 wud head to 155.80/85, break yields
re-test of 155.38, then extends to 155.13/15 later.

  Trade fm short side for 156.25 next n only abv
157.15/20 may risk gain back to 157.61.

Update Time:23 Jul 2024 01:52GMT

Fri's break of prev. Jul's 0.6033 low to 0.6006,
then lower today suggests fall fm Jun's 0.6222 peak
wud head to 0.5967/70 but 0.5935/40 shud hold today

  Trade fm short side for 0.5970 n only abv 0.6040
/45 signals trough made, 0.6056/66, 0.6080/84.

Update Time:22 Jul 2024 03:10GMT

Despite cable's resumption of upmove to a fresh
11-1/2 month 1.3044 peak Wed, subsequent fall to
1.2925 today suggests temporary top is made n weak-
ness to 1.2893/00 wud be seen after consolidation,
break heads to 1.2870/75 but 1.2835/45 shud hold.

  Trade fm short side for 1.2880 n only abv 1.2970
/80 risks 1.2995/00, abv, 1.3012 (Thur) later.

Update Time:22 Jul 2024 02:12GMT

Despite aud's resumption of upmove to a 6-month
0.6798 peak last Thur, subsequent fall to 0.6695
today suggests temporary top is made n weakness to
0.6661 (61.8% r of 0.6576-0.6798) wud be seen after
consolidation, break, 0.6640/45, 0.6620 b4 bounce.

  Trade fm short side for 0.6665 n only abv 0.6725
/30 prolongs choppy swings but 0.6753/55 shud hold.

Update Time:19 Jul 2024 08:55GMT

Cable's fall fm Wed's fresh 11-1/2 month peak at
1.3044 to 1.2923 today suggests MT upmove has made
a temporary top n retracement to 1.2910/15, then
1.2893/00 wud be seen after consolidation, break
needed to extend to 1.2870/75, then 1.2845/50 b4 up

  Trade fm short side for 1.2915 n only abv 1.2965
/70 risks 1.2995/00, abv, 1.3007/12 later.

Update Time:19 Jul 2024 07:04GMT

Y'day's rise fm a near 4-month trough at 0.8820 
n then break of 0.8865/70 res area to 0.8878, then
higher today suggests temporary bottom is made n
stronger retracement to 0.8914/16 wud be seen after
consolidation but 0.8933/35 shud hold initially.

  Trade fm long side for 0.8900 n only below 0.88
45/50 may risk re-test of 0.8820 later.

Update Time:19 Jul 2024 02:00GMT

As 0.6755 has capped recovery fm Tue's 0.6715
low, suggesting correction has ended n intra-day
rebound fm 0.6715 (Asia) wud yield choppy sideways
swings b4 heading to 0.6700/05, then 0.6683/89,
however, 0.6645/50 shud hold, bring rebound later.

  Trade fm short side for 0.6701 n only abv 0.6755
may risk gain to 0.6798 (Jul's 6-month peak).

Update Time:16 Jul 2024 12:51GMT

Y'day's fall fm 0.6788 n then break of 0.6755
sup to 0.6753, then lower today suggests recent up-
move has made a temporary top at last Thur's fresh
6-month 0.6798 peak n weakness to 0.6724 sup wud be
seen after consolidation, break, 0.6705/10 later.

  Trade fm short side for 0.6725 n only abv 0.6770
/75 may risk gain to 0.6793/98, abv, 0.6825/30.

Update Time:16 Jul 2024 03:40GMT

Euro's fall fm Fri's 173.43 high n then break of
171.57 sup to 171.47 confirms LT upmove has made a
temporary top at Thur's fresh near 32-year 175.42
peak n subsequent bounce yields consolidation b4
another drop, below 171.75/80, 171.46/47, 170.00/10

  Sell on pullback to 172.40 for 171.80 n only abv
172.60/65 risks 172.95/00, abv, 173.25/30, 173.43.

Update Time:16 Jul 2024 01:47GMT

Intra-day break of 1.3653 signals choppy trading
inside 1.3590-1.3791 range wud continue with upside
bias for gain to 1.3686 target, 1.3708/12 may hold.

  Trade fm long side for 1.3685 n only below 1.36
10 (Fri) risks 1.3590, break, 1.35488/53 b4 bounce.

Update Time:12 Jul 2024 12:35GMT

Although gold's impressive rally fm 2371.30 to a
1-1/2 month peak at 2424.60 in NY on soft US CPI 
data, subsequent retreat signals upmove fm Jun's 
1-month 2286.90 bottom has made a temporary top 
there n retracement twd 2400, then 2392/2393 may 
be seen b4 prospect of another rise later.

  In view of abv analysis, trade fm long side for 
2393.00 next as only a daily close abv 2415/2416 
dampens bearishness, risks gain back twd 2424.60.

Update Time:11 Jul 2024 12:47GMT

Mon's bounce fm 30.44 signals correction fm Fri's
4-week 31.49 top has possibly ended n abv extends
twd 31.77/80 area b4 prospect of retreat later.

  Trade fm long side for 31.70 next as only below 
30.40/44 risks stronger retracement twd 30.19.

Update Time:11 Jul 2024 12:42GMT

Dlr's rally fm Mon's 160.27 low to 161.82 (LSEG)
y'day suggests decline fm Jul's fresh 38-year 161.
96 peak has made a temporary bottom n this level 
has to hold to yield weakness to 161.17/24, then
160.90/95, break heads to 160.50/55 b4 rebound.

  Remain as cautious seller at 161.75 for 161.15 n
only abv 161.96 risks marginal gain to 162.35/45.

Update Time:11 Jul 2024 12:43GMT

Despite dlr's rally fm this week's low at 160.27
(Mon) to 161.82 (LSEG) y'day, loss of upward momen-
tum shud prevent strong gain n Jul's fresh 38-year
161.96 peak shud hold, yield retreat to 161.17/24,
then 160.74/80, then 160.49/55 b4 rebound occurs.

  Remain as cautious seller at 161.75 for 160.55 n
only abv 161.96 extends uptrend to 162.35/45 later.

Update Time:11 Jul 2024 12:31GMT

As 1.0806 (Tue) has contained pullback fm Mon's 
fresh 3-week high of 1.0845, suggesting recent up-
move wud head to 1.0852/55, then 1.0880/85 after 
consolidation, however, Jun's 1.0916 peak is likely
to hold on 1st testing, yield subsequent retreat.

  Trade fm long side for 1.0865 n only below 1.08
01/06 risks 1.0776/79, break, 1.0753/55 b4 bounce.

Update Time:08 Jul 2024 05:09GMT

Despite dlr's resumption of upmove fm Jun's near
3-month 0.8828 trough to a 1-month 0.9050 peak Wed,
subsequent fall to 0.8981 today suggests temporary
top is made n weakness to 0.8952/58 wud be seen 
after consolidation, below, 0.8935/40, 0.8914/20.

  Trade fm short side for 0.8955 n only abv 0.9020
/25 may risk 0.9050 again, break, 0.9065/69 later.

Update Time:08 Jul 2024 01:39GMT

Y'day's anticipated fall fm 0.9039 to 0.8981 to-
day suggests recent upmove has made a temporary top
at Wed's 1-month 0.9050 peak, below 0.8975/80 need-
ed to extend to 0.8952/58, then 0.8935/40, however,
0.8914 sup shud hold, yield subsequent rebound.

  Stand aside n hold short for day trade as only
abv 0.9015/20 heads to 0.9039, then 0.9050 again.

Update Time:08 Jul 2024 01:20GMT

Despite euro's rally abv 0.9737 (Wed) to a fresh
4-week peak at 0.9755 in Europe Wed on soft Swiss 
CPI, subsequent sharp retreat signals recent erra-
tic rise has made a temporary top there n below 
0.9708 yields retracement twd 0.9682, 0.9660/65.

  Sell on pullback to 0.9740 for 0.9690 next as
only abv 0.9760/65 risks gain twd 0.9780.

Update Time:05 Jul 2024 03:25GMT

Despite y'day's strong bounce to 0.9039 on Swiss
CPI data, subsequent sharp retreat to 0.8992 in 
holiday-thinned N. America signals re-test of 0.89
86 (Wed) wud be seen, break extends nr term fall fm
Wed's 1-month 0.9050 top twd 0.8952/58, 0.8935/40.

  Trade fm short side for 0.8985 next as only abv 
0.9039 dampens bearishness, risks 0.9050, 0.9065/69

Update Time:04 Jul 2024 01:08GMT

Y'day's selloff fm a fresh 38-year high at 161.
96 to 160.78 on US data suggests LT upmove has made
a temporary top n as 161.77 has capped subsequent
strong rebound, consolidation with downside bias
remains, below 161.00/05, 160.68/78, 160.27/30.

  Trade fm short side for 161.15 1st n only abv
161.96 risks 162.30/35 but 162.60/70 shud hold.

Update Time:28 Jun 2024 12:38GMT

Euro's rally abv 0.9600 (Wed) to a 2-week peak 
at 0.9621 in NY suggests nr term upmove fm Jun's 
4-month bottom at 0.9479 remains in force n further
gain twd 0.9655/60 wud be seen but 0.9685 shud hold
n yield retreat due to loss of upward momentum.

  Trade fm long side for 0.9635 next as only below
0.9590 risks weakness back twd 0.9560/65.

Update Time:28 Jun 2024 07:17GMT

Euro's rally fm 0.9579 (Asia) n break of Wed's
0.9600 peak to a 2-week 0.9621 top in NY Thur sig-
nals recent erratic rise fm Jun's 4-month 0.9479 
low remains in force but firm break of 0.9626 res 
is needed to extend twd 0.9655/60, break, 0.9685.

  Trade fm long side for 0.9625 next as only below
0.9590 signals temp. top made, risks 0.9562/65.

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.