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INTRA-DAY GBP/USD OUTLOOK - +1.2135+
Update Time: 20 Aug 2019 15:01GMT
INTRA-DAY GBP/USD OUTLOOK - +1.2135+

Despite cable's weakness to 1.2065 in Europe,
intra-day brief but sharp jump to an 11-day high on
Germany Merkel's Brexit comments (see MMN) suggests
temp. low is made, present retreat signals downside
bias remains, below 1.2065, 1.2042/45 'later'.

Venture selling at market for 1.2110 after vola-
tile trading n only abv 1.2180 may risk 1.2205/09.


   Rate: +1.2135+
   Strategy: +Stop profit+
   Position: +Short at 1.2160+
   Objective:
   Stop-Loss: +1.2135+
   Resistance: 1.2180/1.2209/1.2250
   Support: 1.2105/1.2065/1.2042
INTRA-DAY GBP/USD OUTLOOK - +1.2105+
Update Time: 20 Aug 2019 06:57GMT
INTRA-DAY GBP/USD OUTLOOK - +1.2105+

Cable's decline fm 1.2172 in European morning to
as low as 1.2105 ahead of NY open y'day suggests
1st leg of correction fm Aug's 30-month trough at
1.2015 has ended at 1.2175 Fri, intra-day rebound
to 1.2158 in NY wud bring 'choppy' trading b4 down.

Hold short for 1.2105 1st, below wud head twds
1.2077. Only abv 1.2158 may risk gain to 1.2172/75.


   Rate: +1.2105+
   Strategy: +Target met+
   Position: Short at 1.2145
   Objective: 1.2105
   Stop-Loss:
   Resistance: 1.2158/1.2175/1.2183
   Support: 1.2105/1.2077/1.2042
INTRA-DAY USD/CHF OUTLOOK - +0.9820+
Update Time: 20 Aug 2019 04:53GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9820+

Despite usd's retreat fm Fri's 10-day high at
0.9809 to 0.9774 today, subsequent rebound suggests
the pullback is over n erratic rise fm last Tue's
Tue's 10-1/2 month trough at 0.9660 wud extend
to 0.9815/20 after consolidation.

For st trade, hold long for 'one more' rise to
0.9820 n only below 0.9745/48 risks 0.9723/28.


   Rate: +0.9820+
   Strategy: +Target met+
   Position: Long at 0.9785
   Objective: 0.9820
   Stop-Loss:
   Resistance: 0.9815/0.9840/0.9881
   Support: 0.9774/0.9748/0.9723
INTRA-DAY USD/CHF OUTLOOK - +0.9795+
Update Time: 16 Aug 2019 07:39GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9795+

Although dlr has moved narrowly in NY afternoon
after extending upmove fm Tue's 10-1/2 month trough
at 0.9660 to a near 1-week high of 0.9776 (NY), out
look remains mildly bullish for gain twd 0.9797,
'loss of momentum' wud limit upside to 0.9810/15.

Trade fm long side for 0.9795 after consolida-
tion n only below 0.9748 risks 0.9723 (Europe).


   Rate: +0.9795+
   Strategy: +Target met+
   Position: Long at 0.9755
   Objective: 0.9795
   Stop-Loss:
   Resistance: 0.9797/0.9815/0.9840
   Support: 0.9762/0.9748/0.9723
INTRA-DAY USD/CHF OUTLOOK - +0.9775+
Update Time: 15 Aug 2019 13:58GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9775+

Despite y'day's selloff fm 0.9770 to as low as
0.9706, intra-day rebound to 0.9757 n current firm
ness on upbeat U.S. data suggests retrace. of rise
fm 0.9660 (Tue) has ended there n wud extend to
0.9770/75 later.

Trade fm long side for 0.9775 1st n only below
0.9706 wud risk weakness to 0.9693.


   Rate: +0.9775+
   Strategy: +Target met+
   Position: Long at 0.9735
   Objective: 0.9775
   Stop-Loss:
   Resistance: 0.9770/0.9787/0.9797
   Support: 0.9706/0.9693/0.9660
INTRA-DAY EUR/JPY OUTLOOK - +118.05+
Update Time: 15 Aug 2019 09:07GMT
INTRA-DAY EUR/JPY OUTLOOK - +118.05+

Despite euro's rebound fm y'day's 117.79 low n
then a brief jump to 118.97 at European open, pre-
sent retreat suggests recovery has possibly ended
n below 118.10/13 wud bring re-test of 117.79,
break, 117.69, then 117.52.

Trade fm short side for 118.05 n only abv 118.97
wud risk gain to 119.25/28.


   Rate: +118.05+
   Strategy: +Target met+
   Position: Short at 118.45
   Objective: 118.05
   Stop-Loss:
   Resistance: 118.97/119.28/119.58
   Support: 118.12/117.79/117.69
INTRA-DAY EUR/USD OUTLOOK - +1.1150+
Update Time: 14 Aug 2019 14:12GMT
INTRA-DAY EUR/USD OUTLOOK - +1.1150+

Y'day's selloff in NY fm 1.1228 to 1.1171 on
usd's strength, then to 1.1166 today suggests chop-
py trading below Aug's 2-week peak at 1.1249 wud
continue n below sup 1.1163 wud yield stronger re-
trace. of rise fm 1.1028 to 1.1150.

Trade fm short side for 1.1150 1st n only abv
1.1200/05 wud risk gain to 1.1228/31.


   Rate: +1.1150+
   Strategy: +Target met+
   Position: Short at 1.1190
   Objective: 1.1150
   Stop-Loss:
   Resistance: 1.1231/1.1249/1.1260
   Support: 1.1163/1.1139/1.1103
INTRA-DAY EUR/JPY OUTLOOK - +119.25+
Update Time: 13 Aug 2019 14:00GMT
INTRA-DAY EUR/JPY OUTLOOK - +119.25+

Despite euro's stronger-than-expected decline
fm 118.24 (Asia) to 117.69 in European morning,
intra-day rebound ahead of NY open suggests further
choppy trading abv y'day's fresh 27-month trough at
117.52 wud continue, abv 118.24 wud head to 118.40.

Reinstate long on pullback for this move n only
below 117.69 risks weakness twd 117.52 later today.


   Rate: +119.25+
   Strategy: +Target met+
   Position: +Long at 118.83+
   Objective: +119.25+
   Stop-Loss:
   Resistance: 118.24/118.43/118.73
   Support: 117.69/117.52/117.07
INTRA-DAY EUR/GBP OUTLOOK - +0.9260+
Update Time: 13 Aug 2019 13:56GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9260+

Although euro has rebounded after y'day's fall
fm a 34-mth peak at 0.9324 (NZ) to 0.9249 in Europe
as 0.9299 (NY) has capped recovery, consolidation
with downside bias remains but below 0.9249 needed
to head twds 0.9230/35.

Trade fm short side for 0.9260 n only abv 0.9299
/00 may bring re-test of 0.9324.


   Rate: +0.9260+
   Strategy: +Target met+
   Position: Short at 0.9290
   Objective: 0.9260
   Stop-Loss:
   Resistance: 0.9299/0.9324/0.9344
   Support: 0.9249/0.9208/0.9189
INTRA-DAY USD/JPY OUTLOOK - +106.20+
Update Time: 13 Aug 2019 13:51GMT
INTRA-DAY USD/JPY OUTLOOK - +106.20+

Usd's current rally on positive U.S.-China trade
news (see MMN) suggests recent decline has made a
temp. low at y'day's 7-month trough at 105.06 n
consolidation with upside bias remains for stron-
ger retrace. to 106.30.

Buy at market for this move n only below 105.58
wud indicate recovery over, 105.06.


   Rate: +106.20+
   Strategy: +Target met+
   Position: +Long at 105.81+
   Objective: 106.20
   Stop-Loss:
   Resistance: 106.30/106.74/107.09
   Support: 105.58/105.06/104.79
INTRA-DAY EUR/CHF OUTLOOK - +1.0850+
Update Time: 13 Aug 2019 12:41GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.0850+

Intra-day break of last Mon's 2-year low at 1.08
65 suggests MT decline has once again resumed n fur
ther weakness twds 1.0850 wud be seen after consoli
dation but loss of downward momentum may keep price
abv 1.0836 n yield correction.

Trade fm short side for this move next n only
abv 1.0911/12 may risk gain to 1.0935/40 later


   Rate: +1.0850+
   Strategy: +Target met+
   Position: Short at 1.0885
   Objective: 1.0850
   Stop-Loss:
   Resistance: 1.0885/1.0922/1.0959
   Support: 1.0836/1.0799/1.0750
INTRA-DAY USD/CHF OUTLOOK - +0.9675+
Update Time: 13 Aug 2019 11:24GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9675+

Dlr's intra-day fall n subsequent break of
y'day's fresh 10-1/2 month trough at 0.9683 signals
MT decline has once again resumed n further weak-
ness to 0.9656/60 wud be seen b4 prospect of correc
tion due to loss of momentum.

Trade fm short side for 0.9675 n only abv 0.9727
dampens daily bearishness, risks 0.9750/54.


   Rate: +0.9675+
   Strategy: +Target met+
   Position: Short at 0.9715
   Objective: 0.9675
   Stop-Loss:
   Resistance: 0.9727/0.9754/0.9787
   Support: 0.9656/0.9639/0.9613
SPOT SILVER DAILY OUTLOOK - +17.25+
Update Time: 13 Aug 2019 01:13GMT
SPOT SILVER DAILY OUTLOOK - +17.25+

Although silver has retreated after resumption
of MT rise to a 13-mth high at 17.24 on Wed, as
16.82 has contained weakness, upside bias remains.

Hold long for 17.25 after consolidation n only
below 16.64 risks 16.57, break, 16.27/30.


   Rate: +17.25+
   Strategy: +Target met+
   Position: Long at 16.85
   Objective: 17.25
   Stop-Loss: Long at 16.85
   Resistance: 17.28/17.35/17.50
   Support: 16.82/16.64/16.57
DAILY USD/SGD OUTLOOK - +1.3880+
Update Time: 12 Aug 2019 00:15GMT
DAILY USD/SGD OUTLOOK - +1.3880+

Intra-day gain ahead of Asian open shud re-test
last Mon's 2-month high at 1.3869, abv wud extend
recent upmove to 1.3880/90 but 1.3902 shud hold.

Trade fm long side for this move n only below
1.3825/30 signals temp. top, risks 1.3900/05 later.


   Rate: +1.3880+
   Strategy: +Target met+
   Position: Long at 1.3815
   Objective: 1.3880
   Stop-Loss: Long at 1.3815
   Resistance: 1.3902/1.3939/1.3975
   Support: 1.3847/1.3795/1.3784
INTRA-DAY GBP/USD OUTLOOK - +1.2040+
Update Time: 10 Aug 2019 03:35GMT
INTRA-DAY GBP/USD OUTLOOK - +1.2040+

ALthough price has recovered after intra-day
break below last THur's 30-month trough at 1.2080
to 1.2056 on downbeat UK GDP n minor consolidation
wud be seen, as 1.2087 has capped upside, downside
bias is retained, below 1.2056, 1.2040.

Trade fm short side for this move n only abv
1.2095 wud risk gain to 1.2155.


   Rate: +1.2040+
   Strategy: +Target met+
   Position: Short at 1.2080
   Objective: 1.2040
   Stop-Loss:
   Resistance: 1.2095/1.2155/1.2183
   Support: 1.2056/1.2049/1.2000
INTRA-DAY EUR/GBP OUTLOOK - +0.9300+
Update Time: 09 Aug 2019 16:39GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9300+

Euro's intra-day rally on downbeat UK GDP data n
subsequent break of y'day's 23-month peak at 0.9265
suggests MT upmove has once again resumed n furhter
gain to 0.9290/00 wud be seen b4 prospect of correc
tion due to loss of momentum.

Trade fm long side for this move n only below
0.9208 indicates temp. top made, 0.9189.


   Rate: +0.9300+
   Strategy: +Target met+
   Position: Long at 0.9270
   Objective: 0.9300
   Stop-Loss:
   Resistance: 0.9290/0.9300/0.9311
   Support: 0.9208/0.9189/0.9157
INTRA-DAY EUR/GBP OUTLOOK - +0.9275+
Update Time: 09 Aug 2019 11:12GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9275+

Euro's intra-day rally on downbeat UK GDP data n
subsequent break of y'day's 23-month peak at 0.9265
suggests MT upmove has once again resumed n furhter
gain to 0.9274/75 wud be seen but 0.9286 wud remain
intact n yield retreat.

Trade fm long side for this move n only below
0.9208 wud risk weakness twds 0.9189.


   Rate: +0.9275+
   Strategy: +Target met+
   Position: Long at 0.9245
   Objective: 0.9275
   Stop-Loss:
   Resistance: 0.9274/0.9286/0.9300
   Support: 0.9208/0.9189/0.9157
DAILY GBP/USD OUTLOOK - +1.2070+
Update Time: 09 Aug 2019 11:12GMT
DAILY GBP/USD OUTLOOK - +1.2070+

Despite cable's daily wild swings after falling
to a 30-month trough at 1.2080 last Thur, y'day's
weakness to 1.2095 on broad-based selling in ster-
ling suggests correction has ended at 1.2209 (Tue)
n wud head to 1.2061 but reckon 1.2045/49 wud hold.

Trade fm short side for 1.2070 n only abv 1.2183
risks 1.2209, break may extend to 1.2230/40 later.


   Rate: +1.2070+
   Strategy: +Target met+
   Position: Short at 1.2150
   Objective: 1.2070
   Stop-Loss:
   Resistance: 1.2153/1.2183/1.2209
   Support: 1.2080/1.2061/1.2049
INTRA-DAY EUR/CHF OUTLOOK - +1.0905+
Update Time: 08 Aug 2019 22:37GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.0905+

Although y'day's retreat fm 1.0959 (Europe) to
1.0894 in NY suggests recovery fm Mon's 2-year low
at 1.0865 has ended, subsequent rebound may head
back to 1.0953/59 b4 prospect of another retreat
but below 1.0880 needed to bring re-test of 1.0865.

Trade fm short side for this move n only abv 1.0
959 wud risk stronger retrace. to 1.0980/86.


   Rate: +1.0905+
   Strategy: +Target met+
   Position: Short at 1.0945
   Objective: 1.0905
   Stop-Loss:
   Resistance: 1.0959/1.0986/1.1003
   Support: 1.0880/1.0865/1.0854
INTRA-DAY EUR/USD OUTLOOK - +1.1180+
Update Time: 08 Aug 2019 22:30GMT
INTRA-DAY EUR/USD OUTLOOK - +1.1180+

Although euro's intra-day rebound fm 1.1182 sug-
gests further choppy trading inside recent 1.1249-
1.1168 range wud continue, as 1.1223 has capped
upside in NY, downside bias is retained n below
1.1180/82 wud extend to 1.1168 b4 up.

For st trade, trade fm short side for this move
n only abv 1.1241/49 risks 1.1285.


   Rate: +1.1180+
   Strategy: +Target met+
   Position: Short at 1.1220
   Objective: 1.1180
   Stop-Loss:
   Resistance: 1.1249/1.1285/1.1301
   Support: 1.1180/1.1168/1.1132
DAILY USD/CHF OUTLOOK - +0.9700+
Update Time: 07 Aug 2019 16:24GMT
DAILY USD/CHF OUTLOOK - +0.9700+

Dlr's decline fm last week's 0.9975 (Thur) high
to 0.9704 y'day suggests early correction fm Jun's
2-year trough at 0.9695 has ended today at 0.9897
(Europe) n below said sup wud extend downtrend to
0.9756/60 b4 recovery due to 'loss of momentum'.

Hold short for this move after consolidation n
only abv 0.9797 risks stronger gain to 0.9815/25.


   Rate: +0.9700+
   Strategy: +Target met+
   Position: Short at 0.9775
   Objective: 0.9700
   Stop-Loss:
   Resistance: 0.9797/0.9815/0.9840
   Support: 0.9704/0.9695/0.9656
INTRA-DAY EUR/USD OUTLOOK - +1.1230+
Update Time: 07 Aug 2019 13:46GMT
INTRA-DAY EUR/USD OUTLOOK - +1.1230+

Although euro's intra-day retreat fm 1.1219 sug-
gests choppy trading below y'day's high at 1.1249
wud continue n marginal weakness fm here can't be
ruled out, reckon 1.1168/70 wud contain downside
n yield rebound later.

Trade fm long side for 1.1230 1st n only below
1.1168 wud risk weakness to 1.1132.


   Rate: +1.1230+
   Strategy: +Target met+
   Position: Long at 1.1190
   Objective: 1.1230
   Stop-Loss:
   Resistance: 1.1219/1.1249/1.1285
   Support: 1.1168/1.1132/1.1100
INTRA-DAY EUR/GBP OUTLOOK - +0.9225+
Update Time: 07 Aug 2019 12:02GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9225+

Although euro has retreated after y'day's strg
rebound fm 0.9157 to 0.9224 (Asia) n consolidation
wud be seen, as said move suggests pullback fm
Tue's 23-month peak at 0.9249 has ended, upside
bias remains for re-test of said res.

Trade fm long side for 0.9225 1st n only below
0.9157 wud risk weakness twds 0.9127.


   Rate: +0.9225+
   Strategy: +Target met+
   Position: Long at 0.9195
   Objective: 0.9225
   Stop-Loss:
   Resistance: 0.9249/0.9274/0.9300
   Support: 0.9157/0.9127/0.9090
WEEKLY SPOT SILVER OUTLOOK - +16.75+
Update Time: 07 Aug 2019 06:43GMT
WEEKLY SPOT SILVER OUTLOOK - +16.75+

Silver's rally fm Thur's 15.94 low suggests pull
back fm Jul's 13-month peak at 16.64 has ended n
break wud extend MT upmove twds 16.80/84 later.

Hold long for 16.75 1st after consolidation n
only a daily close below 15.87 signals top, 15.56.


   Rate: +16.75+
   Strategy: +Target met+
   Position: Long at 16.10
   Objective: 16.75
   Stop-Loss: Long at 16.10
   Resistance: 16.64/16.84/17.10
   Support: 16.27/16.07/15.87
DAILY NZD/USD OUTLOOK - +0.6411+
Update Time: 07 Aug 2019 03:12GMT
DAILY NZD/USD OUTLOOK - +0.6411+

Nzd's intra-day selloff after RBNZ cuts rates by
50 bps suggests re-test of 2018 31-mth low at 0.64
24 (Oct) wud be seen, break, 0.6400/05 later.

Sell at market for this move n only abv 0.6488
wud indicate temp. low made, risk 0.6510/20.


   Rate: +0.6411+
   Strategy: +Target met+
   Position: +Short at 0.6476+
   Objective: 0.6411
   Stop-Loss: +Short at 0.6476+
   Resistance: 0.6488/0.6516/0.6557
   Support: 0.6436/0.6424/0.6405
DAILY AUD/USD OUTLOOK - +0.6715+
Update Time: 07 Aug 2019 03:11GMT
DAILY AUD/USD OUTLOOK - +0.6715+

Although aud's rebound fm 0.6750 to 0.6801 in
post-RBA on Tue suggests choppy trading abv Mon's
7-mth low at 0.6748 wud continue, as long as 0.6800
/10 holds, downside bias remains for re-test of
2019 bottom at 0.6715 (Jan), break, 0.6690/00.

Trade fm short side for 0.6715 n only abv 0.6829
risks stronger retracement to 0.6858/68.


   Rate: +0.6715+
   Strategy: +Target met+
   Position: Short at 0.6785
   Objective: 0.6715
   Stop-Loss:
   Resistance: 0.6801/0.6829/0.6868
   Support: 0.6749/0.6715/0.6694
WEEKLY NZD/USD OUTLOOK - +0.6425+
Update Time: 07 Aug 2019 02:45GMT
WEEKLY NZD/USD OUTLOOK - +0.6425+

Nzd's intra-day weakness to a 5-week low at 0.64
88 suggests re-test of 2018 31-mth trough at 0.6424
wud be see after consolidation, break, 0.6340/50.

Lower short entry to 0.6575 for 0.6425 n only
abv 0.6626 may risk stronger retrace. to 0.6690/00.


   Rate: +0.6425+
   Strategy: +Target met+
   Position: +Short at 0.6575+
   Objective: 0.6425
   Stop-Loss: +Short at 0.6575+
   Resistance: 0.6591/0.6641/0.6723
   Support: 0.6482/0.6402/0.6348
SPOT SILVER DAILY OUTLOOK - +16.80+
Update Time: 07 Aug 2019 02:43GMT
SPOT SILVER DAILY OUTLOOK - +16.80+

Y'day's 'gold-led' rally suggests re-test of
Jul's 13-month high at 16.64 wud be seen after con-
solidation, break wud extend MT rise twds 16.80/84.

Hold long for 16.80 1st n only below 16.25/27
wud risk weakness twds 16.06.


   Rate: +16.80+
   Strategy: +Target met+
   Position: Long at 16.40
   Objective: 16.80
   Stop-Loss: Long at 16.40
   Resistance: 16.55/16.64/16.84
   Support: 16.27/16.06/15.94
DAILY NZD/USD OUTLOOK - +0.6500+
Update Time: 07 Aug 2019 02:00GMT
DAILY NZD/USD OUTLOOK - +0.6500+

Despite y'day's jump to 0.6591 (Reuters) on strg
NZ jobs data, subsequent retreat suggests recovery
fm Mon's 7-week low at 0.6488 has possibly ended.

Hold short ahead of RBNZ's rate decision n only
abv 0.6591 risks stronger retracement to 0.6618/28.


   Rate: +0.6500+
   Strategy: +Target met+
   Position: Short at 0.6570
   Objective: 0.6500
   Stop-Loss: Short at 0.6570
   Resistance: 0.6591/0.6618/0.6641
   Support: 0.6482/0.6465/0.6446
INTRA-DAY AUD/USD OUTLOOK - +0.6755+
Update Time: 06 Aug 2019 22:16GMT
INTRA-DAY AUD/USD OUTLOOK - +0.6755+

Despite intra-day strg rebound fm a fresh 7-mth
trough at 0.6749 to 0.6801, subsequent retreat sug-
gests the recovery has ended n consolidation with
downside bias wud be seen for a re-test of said sup
, break wud extend to 0.6720/25 later.

Trade fm short side for 0.6755 1st n only abv
0.6804 wud risk retrace. twds 0.6829 b4 down.


   Rate: +0.6755+
   Strategy: +Target met+
   Position: Short at 0.6795
   Objective: 0.6755
   Stop-Loss:
   Resistance: 0.6801/0.6829/0.6858
   Support: 0.6749/0.6713/0.6688
DAILY USD/JPY OUTLOOK - +105.55+
Update Time: 05 Aug 2019 22:54GMT
DAILY USD/JPY OUTLOOK - +105.55+

Although price has recovered after intra-day
fall to a 16-month trough at 105.79 n minor conso-
lidation wud be seen b4 MT decline resumes twds
105.50, loss of momentum wud keep price abv 105.22
n yield correction.

Trade fm short side for this move n only abv
106.52 wud indicate temp. low made, risk 106.85.


   Rate: +105.55+
   Strategy: +Target met+
   Position: Short at 106.25
   Objective: 105.55
   Stop-Loss:
   Resistance: 106.34/106.52/106.85
   Support: 105.53/105.22/104.79
* WEEKLY SPOT GOLD OUTLOOK - +1455.00+
Update Time: 05 Aug 2019 03:19GMT
* WEEKLY SPOT GOLD OUTLOOK - +1455.00+

Despite gold's brief jump abv Jun's 1439.30 high
to a fresh 6-year peak of 1453.00 Fri due to usd's
weakness following NY Fed Williams' dovish comments
, subsequent retreat suggests temp. top is in place
n choppy sideways swings are expected n may head
back to 1400/05 area b4 one more rise.

Buy on further decline to 1405.00 for 1455.00,
however, loss of momentum would cap price at 1465/
1470. Below 1400.00 may risk weakness twd 1382.20.


   Rate: +1455.00+
   Strategy: +Target met+
   Position: +Long at 1405.00+
   Objective: 1455.00
   Stop-Loss:
   Resistance: 1453.00/1467.10/1481.40
   Support: 1415.00/1400.50/1382.20
INTRA-DAY USD/CHF OUTLOOK - +0.9800+
Update Time: 05 Aug 2019 00:41GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9800+

Dlr's resumption of decline fm last Thu's 5-week
peak of 0.9975 to as low as 0.9815 in post-NFP NY
on Fri due partly to safe-haven buying of chf sug-
gests said fall to retrace recent upmove wud head
twd 0.9777 but reckon 0.9775/77 shud hold today.

Trade fm short side for 0.9800 after consolida-
tion n only abv 0.9872/76 dampens bearishness.


   Rate: +0.9800+
   Strategy: +Target met+
   Position: Short at 0.9840
   Objective: 0.9800
   Stop-Loss:
   Resistance: 0.9845/0.9872/0.9887
   Support: 0.9797/0.9777/0.9739
DAILY GBP/JPY CROSS OUTLOOK - +129.10+
Update Time: 02 Aug 2019 15:28GMT
DAILY GBP/JPY CROSS OUTLOOK - +129.10+

Intra-day fall below y'day's 2-year trough at
130.19 (now res) signals MT decline wud head to 129
.02 after consolidation but 128.79 wud hold.

Trade fm short side for 129.10 n only abv 130.21
indicates temp. low made, risks 130.41.


   Rate: +129.10+
   Strategy: +Target met+
   Position: Short at 129.90
   Objective: 129.10
   Stop-Loss: Short at 129.90
   Resistance: 130.21/130.41/130.65
   Support: 129.30/129.02/128.79
WEEKLY USD/CAD OUTLOOK - +1.3265+
Update Time: 02 Aug 2019 12:46GMT
WEEKLY USD/CAD OUTLOOK - +1.3265+

Usd's rally abv 1.3110 (now sup) to Fri's 1-mth
top at 1.3199 signals fall fm 2018 peak at 1.3665
(Dec) has made a low at 1.3016 n wud head to 1.3285

Turn long on dips to 1.3135 for 1.3285 but 1.33
00 wud cap upside. Only below 1.3016 risks 1.2950.


   Rate: +1.3265+
   Strategy: +Target met+
   Position: +Long at 1.3115+
   Objective: +1.3265+
   Stop-Loss: +Long at 1.3115+
   Resistance: 1.3226/1.3300/1.3358
   Support: 1.3191/1.3110/1.3041
DAILY AUD/USD OUTLOOK - +0.6780+
Update Time: 02 Aug 2019 12:25GMT
DAILY AUD/USD OUTLOOK - +0.6780+

Aud's break of Jun's 0.6832 low to a 7-month bot
tom at 0.6796 NY on more U.S. tariffs on China (see
MMN) suggests recent downtrend wud pressure price
to 0.6770/80, o/sold condition may keep aud abv
2019 9-1/2 year trough at 0.6715 ahead of US NFP.

Intra-day rebound wud bring range trading b4
down. Only abv 0.6863/68 wud risk 0.6899/03.


   Rate: +0.6780+
   Strategy: +Target met+
   Position: Short at 0.6850
   Objective: 0.6780
   Stop-Loss:
   Resistance: 0.6832/0.6868/0.6899
   Support: 0.6796/0.6779/0.6715
WEEKLY EUR/JPY CROSS OUTLOOK - +119.55+
Update Time: 02 Aug 2019 07:37GMT
WEEKLY EUR/JPY CROSS OUTLOOK - +119.55+

Euro's decline at the start of this month to a
6-1/2 month low of 120.06 Fri suggests correction
fm 2019 20-month bottom at 118.85 (Jan) has ended
earlier at 127.50 (Mar) n a daily close below 120.
06 would yield weakness twd 118.85 later this week
or in Aug but reckon 118.00/10 should hold fm here.

Sell again on recovery for 119.55 after consoli-
dation n only abv 121.37 (reaction high) signals
temp. low made, risks 121.71, then later twd 122.32


   Rate: +119.55+
   Strategy: +Target met+
   Position: +Short at 121.05+
   Objective: 119.55
   Stop-Loss:
   Resistance: 121.37/122.71/122.32
   Support: 120.06/119.34/118.85
DAILY EUR/GBP CROSS OUTLOOK - +0.9150+
Update Time: 02 Aug 2019 01:13GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.9150+

Y'day's rebound to 0.9149 strongly suggests pull
back fm Tue's 21-month peak at 0.9189 has ended at
0.9090 (Wed) n consolidation with upside bias is
seen for gain to 0.9165/70 but abv 0.9189 needed to
extend rise fm 0.8473 (Mar) to 0.9200/10 next week.

Trade fm long side for 0.9150 next n only below
0.9090 risks stronger retrcaement to 0.9070/75.


   Rate: +0.9150+
   Strategy: +Target met+
   Position: Long at 0.9100
   Objective: 0.9150
   Stop-Loss:
   Resistance: 0.9149/0.9168/0.9189
   Support: 0.9090/0.9075/0.9051
DAILY GBP/JPY CROSS OUTLOOK - +130.85+
Update Time: 02 Aug 2019 00:46GMT
DAILY GBP/JPY CROSS OUTLOOK - +130.85+

Intra-day fall below Tue's fresh 2-year trough
at 131.63 signals MT decline wud extend to 130.80/
90 b4 prospect of correction later.

Lower short entry for this move n only abv 132.
55 wud risk stronger retrace. to 132.99.


   Rate: +130.85+
   Strategy: +Target met+
   Position: +Short at 131.55+
   Objective: 130.85
   Stop-Loss: +Short at 131.55+
   Resistance: 131.81/132.55/132.99
   Support: 131.15/130.98/130.41
DAILY AUD/JPY CROSS OUTLOOK - +73.40+
Update Time: 02 Aug 2019 00:29GMT
DAILY AUD/JPY CROSS OUTLOOK - +73.40+

Intra-day fall below y'day's 74.36 low signals a
re-test of Jun's 5-month trough at 73.94 wud be
seen after consolidation, break, 73.40/50.

Sell on pullback for this move n only abv 74.89
wud indicate temp. bottom made, risk 75.19.


   Rate: +73.40+
   Strategy: +Target met+
   Position: +Short at 74.30+
   Objective: 73.40
   Stop-Loss: +Short at 74.30+
   Resistance: 74.89/75.19/75.27
   Support: 73.94/73.86/73.17
INTRA-DAY EUR/GBP OUTLOOK - +0.9140+
Update Time: 02 Aug 2019 00:14GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9140+

Although euro has retreated after rebound fm
y'day's low at 0.9090 to 0.9138 today n minor con-
solidation wud be seen in NY, as said move signals
pullback fm Tue's 21-month peak at 0.9189 has ended
there, upside bias is retained.

Trade fm long side for 0.9140 1st n only below
0.9090 wud risk weakness to 0.9075.


   Rate: +0.9140+
   Strategy: +Target met+
   Position: Long at 0.9110
   Objective: 0.9140
   Stop-Loss:
   Resistance: 0.9133/0.9143/0.9189
   Support: 0.9090/0.9085/0.9075
WEEKLY GBP/JPY CROSS OUTLOOK - +131.30+
Update Time: 01 Aug 2019 13:08GMT
WEEKLY GBP/JPY CROSS OUTLOOK - +131.30+

Tue's brief break of Jan's 131.89 low to a fresh
2-year trough at 131.62 suggests downtrend wud head
to 130.70 after consolidation but 130.00 shud hold.

Sell on recovery to 132.80 for 131.30 n only
abv 133.01/06 risks stronger retrace. twd 133.86.


   Rate: +131.30+
   Strategy: +Target met+
   Position: +Short at 132.80+
   Objective: 131.30
   Stop-Loss: +Short at 132.80+
   Resistance: 132.99/133.31/133.86
   Support: 131.62/130.67/130.00
DAILY EUR/JPY CROSS OUTLOOK - +120.30+
Update Time: 01 Aug 2019 10:35GMT
DAILY EUR/JPY CROSS OUTLOOK - +120.30+

Euro's selloff below 120.75 sup to 120.36 y'day
suggests correction fm Jul's 6-1/2 month trough at
120.06 has ended at 121.38 (Tue) n downside bias re
mains for re-test of this key sup, break wud extend
recent downtrend to 119.73 later.

Trade fm short side for 120.30 1st n only abv
120.89/94 prolongs choppy trading, risks 121.10/19.


   Rate: +120.30+
   Strategy: +Target met+
   Position: Short at 121.05
   Objective: 120.30
   Stop-Loss:
   Resistance: 120.75/121.19/121.38
   Support: 120.06/119.73/119.55
DAILY USD/SGD OUTLOOK - +1.3762+
Update Time: 01 Aug 2019 00:48GMT
DAILY USD/SGD OUTLOOK - +1.3762+

Y'day's rally fm 1.3679 to a fresh 1-month high
of 1.3746 in post-FOMC NY suggests recent rise fm
1.3510 (Jul) wud head to 1.3762 b4 correction.

Trade fm long side for this move but 1.3770/75
wud hold n only below 1.3715/20 risks 1.3685/90.


   Rate: +1.3762+
   Strategy: +Target met+
   Position: Long at 1.3702
   Objective: 1.3762
   Stop-Loss: Long at 1.3702
   Resistance: 1.3748/1.3760/1.3800
   Support: 1.3679/1.3663/1.3626
SPOT SPOT GOLD DAILY OUTLOOK - +$1415.00+
Update Time: 31 Jul 2019 22:40GMT
SPOT SPOT GOLD DAILY OUTLOOK - +$1415.00+

Gold's daily sideways swings following selloff
fm last Thur's 1433.60 high to 1411.40 suggests
choppy consolidation wud continue, as long as said
res holds, downside bias remains n below 1411.40
wud extend recent decline fm Jul's 6-year peak at
1453.00 to 1405.00 but 1400.50 shud hold.

Trade from short side for 1415.00 n exit on sub-
sequent fall. Only a daily close abv 1433.60 would
risk stronger rise twds 1439.30.


   Rate: +$1415.00+
   Strategy: +Target met+
   Position: Short at 1430.00
   Objective: 1415.00
   Stop-Loss:
   Resistance: 1434.70/1448.00/1453.00
   Support: 1411.40/1400.50/1382.20
INTRA-DAY EUR/GBP OUTLOOK - +0.9140+
Update Time: 31 Jul 2019 13:21GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9140+

Euro's rebound to 0.9183 in NY after y'day's
brief retreat fm a 21-month peak at 0.9189 to 0.91
43 (Europe) suggests caution on our short for a cor
rection to 0.9130 n said res needs to hold for pros
pect of such a move after consolidation.

Trade fm short side n exit on subsequent decline
. Abv 0.9189 may risk one more rise to 0.9200/05.


   Rate: +0.9140+
   Strategy: +Target met+
   Position: Short at 0.9170
   Objective: 0.9140
   Stop-Loss:
   Resistance: 0.9189/0.9200/0.9237
   Support: 0.9143/0.9131/0.9098
INTRA-DAY GBP/USD OUTLOOK - +1.2190+
Update Time: 31 Jul 2019 13:00GMT
INTRA-DAY GBP/USD OUTLOOK - +1.2190+

Cable's intra-day rebound fm Tue's 28-month bot-
tom at 1.2120 (Asia) to 1.2190 in Europpe n then
subsequent sideways swings in NY session suggests
recent downtrend has made a temp. low n as long as
1.2136 holds, re-test of 1.2190 seen, abv, 1.2213.

For st trade, hold long for 1.2190 1st n only
below 1.2136 (NY) risks re-test of 1.2120, 1.2110.


   Rate: +1.2190+
   Strategy: +Target met+
   Position: Long at 1.2150
   Objective: 1.2190
   Stop-Loss:
   Resistance: 1.2190/1.2213/1.2242
   Support: 1.2136/1.2120/1.2110
DAILY EUR/GBP CROSS OUTLOOK - +0.9120+
Update Time: 29 Jul 2019 23:40GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.9120+

Euro's intra-day impressive rally fm 0.8986 (NZ)
n then break of prev. Jul's 0.9051 top to a fresh
6-1/2 month high of 0.9085 due to continued market
fear of a 'no-deal' Brexit suggests re-test of 2019
peak at 0.9131 (Jan) wud be seen later this week.

Trade fm long side for 0.9120 after consolidat-
ion n only below 0.9051 risks retrace. to 0.9017/20


   Rate: +0.9120+
   Strategy: +Target met+
   Position: Long at 0.9070
   Objective: 0.9120
   Stop-Loss:
   Resistance: 0.9099/0.9119/0.9131
   Support: 0.9051/0.9005/0.8986
INTRA-DAY USD/JPY OUTLOOK - +108.85+
Update Time: 29 Jul 2019 15:05GMT
INTRA-DAY USD/JPY OUTLOOK - +108.85+

Despite dlr's retreat fm Fri's 2-week high at
108.83, intra-day rebound fm 108.43 suggests pull-
back is over n abv said res wud yield re-test of
Jul's peak at 108.99, break wud extend MT upmove to
109.15/20 b4 down.

Trade fm long side for 108.85 1st n only below
108.43 wud risk weakness to 108.29/30.


   Rate: +108.85+
   Strategy: +Target met+
   Position: Long at 108.45
   Objective: 108.85
   Stop-Loss:
   Resistance: 108.83/108.99/109.15
   Support: 108.43/108.29/108.05
INTRA-DAY EUR/GBP OUTLOOK - +0.9100+
Update Time: 29 Jul 2019 14:55GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9100+

Euro's intra-day rally fm 0.8986 (NZ) n then
break of prev. Jul's 6-month high at 0.9051 signals
MT upmove fm Mar's 21-month trough at 0.8473 has
once again resumed n gain twds 0.9100 wud be seen
but 0.9131 shud hold n yield correction.

Trade fm long side for this move n only below
0.9051 wud risk retrace. twds 0.9027/30.


   Rate: +0.9100+
   Strategy: +Target met+
   Position: Long at 0.9070
   Objective: 0.9100
   Stop-Loss:
   Resistance: 0.9119/0.9131/0.9172
   Support: 0.9051/0.9027/0.9005
 

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