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Our Recommended Trades
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| INTRA-DAY EUR/GBP OUTLOOK - +0.8710+ |
|
| Update
Time: |
23 Apr 2021 13:28GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8710+
Although euro has retreated after y'day's rise
fm 0.8635 (Asia) to as high as 0.8702 in NY, as
0.8668 has contained weakness, consolidation with
upside bias remains, abv said res wud bring re-test
of last Fri's near 7-week 0.8719 high, then 0.8730.
Trade fm long side for 0.8710 1st as only below
0.8645/50 risks stronger retracement to 0.8614/19.
|
| Rate: |
+0.8710+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8680 |
| Objective: |
0.8710 |
| Stop-Loss: |
|
| Resistance: |
0.8719/0.8730/0.8762 |
| Support: |
0.8668/0.8645/0.8614 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.1996+ |
|
| Update
Time: |
22 Apr 2021 22:25GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.1996+
Despite euro's intra-day gain fm 1.2023 to 1.20
69, subsequent selloff in post-ECB suggests further
'choppy' trading below Tue's 6-week peak at 1.2079
wud continue with downside bias n below 1.1999
(Wed) wud bring retrace. to 1.1973.
Trade fm short side for 1.1996 1st n only abv
1.2069 wud risk gain to 1.2079 again.
|
| Rate: |
+1.1996+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2036 |
| Objective: |
1.1996 |
| Stop-Loss: |
|
| Resistance: |
1.2069/1.2079/1.2112 |
| Support: |
1.1994/1.1973/1.1943 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.7710+ |
|
| Update
Time: |
22 Apr 2021 14:16GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.7710+
Intra-day retreat fm 0.7764 (Asia) suggests
recovery fm y'day's low at 0.7699 has ended there
n consolidation with downside bias remains, below
said sup wud extend decline fm Tue's high at 0.7816
to 0.7677/80 b4 prospect of rebound.
Trade fm short side for 0.7710 1st n only abv
0.7764 wud risk stronger retrace. to 0.7784.
|
| Rate: |
+0.7710+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.7750 |
| Objective: |
0.7710 |
| Stop-Loss: |
|
| Resistance: |
0.7764/0.7784/0.7816 |
| Support: |
0.7699/0.7677/0.7661 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.3833+ |
|
| Update
Time: |
22 Apr 2021 14:16GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.3833+
Cable's intra-day firm break of y'day's 1.3886
low (now res) due to active cross-selling of ster-
ling confirms recent upmove fm Apr's 1.3670 bottom
has made a temp. top at 1.4009 (Tue) n stronger
retracement to 1.3845, then 1.3809/10 is envisaged.
Trade fm short side for 1.3833 1st n only abv
1.3895/00 wud risk gain to 1.3920/24.
|
| Rate: |
+1.3833+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.3873 |
| Objective: |
1.3833 |
| Stop-Loss: |
|
| Resistance: |
1.3886/1.3924/1.3949 |
| Support: |
1.3809/1.3799/1.3761 |
|
|
| DAILY USD/CAD OUTLOOK - +1.2514+ |
|
| Update
Time: |
21 Apr 2021 14:13GMT |
DAILY USD/CAD OUTLOOK - +1.2514+
Usd's current selloff fm 1.2654 on BoC's rate
decision signals recovery fm 1.2471 (Mon) has ended
there n weakness to 1.2516 is seen b4 rebound.
Sell at market for 1.2524 1st n only abv 1.2654
wud risk stronger gain to 1.2680/85.
|
| Rate: |
+1.2514+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.2584+ |
| Objective: |
+1.2514+ |
| Stop-Loss: |
+Short at 1.2584+ |
| Resistance: |
1.2654/1.2698/1.2749 |
| Support: |
1.2583/1.2559/1.2516 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.3905+ |
|
| Update
Time: |
21 Apr 2021 12:57GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.3905+
Cable's selloff fm Tue's 7-week peak of 1.4009
to 1.3926 (NY), then 1.3910 today signals recent
upmove has made a temp. top there n stronger
retracement to 1.3897 is seen after consolidation
but 1.3840/45 shud remain intact.
Trade fm short side for 1.3905 1st n only abv
1.3971/76 may risk stronger gain twd 1.3993 later.
|
| Rate: |
+1.3905+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.3945 |
| Objective: |
1.3905 |
| Stop-Loss: |
|
| Resistance: |
1.3949/1.3976/1.3993 |
| Support: |
1.3910/1.3897/1.3845 |
|
|
| DAILY AUD/USD OUTLOOK - +0.7704+ |
|
| Update
Time: |
21 Apr 2021 07:45GMT |
DAILY AUD/USD OUTLOOK - +0.7704+
Despite aud's resumption of upmove fm Apr's bot-
tom at 0.7533 to a 1-month peak at 0.7816 on Tue,
subsequent selloff to 0.7709 suggests temp. top is
in place, a daily close below 0.7706 sup wud bring
stronger retrace. to 0.7675, possibly twd 0.7635.
Intra-day brief break of 0.7706 has retained
bearishness. Only abv 0.7751/61 risks 0.7783/84.
|
| Rate: |
+0.7704+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 0.7766 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
0.7736/0.7751/0.7784 |
| Support: |
0.7677/0.7635/0.8585 |
|
|
| DAILY USD/CAD OUTLOOK - +1.2600+ |
|
| Update
Time: |
20 Apr 2021 17:19GMT |
DAILY USD/CAD OUTLOOK - +1.2600+
Intra-day bounce fm 1.2478 suggests choppy trad-
ing abv Mon's near 1-month 1.2471 low wud continue,
abv 1.2544 wud head back twd 1.2577, 1.2600/05.
Hold long for 1.2600 n only below 1.2471 risks
'one more' fall to 1.2445/55 tom b4 recovery.
|
| Rate: |
+1.2600+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2530 |
| Objective: |
1.2600 |
| Stop-Loss: |
Long at 1.2530 |
| Resistance: |
1.2630/1.2647/1.2698 |
| Support: |
1.2471/1.2445/1.2361 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.3935+ |
|
| Update
Time: |
20 Apr 2021 15:25GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.3935+
Cable's sharp retreat fm European 7-week peak at
at 1.4008 suggests upmove fm Apr's 2-month bottom
at 1.3670 possibly made a temp. top n consolidat-
ion with downside bias is seen, below 1.3944 wud
bring stronger retarcement twd 1.3919 later.
Trade fm short side for 1.3935 1st n only abv
1.4008 risks 1.4017 but 1.4049 shud hold.
|
| Rate: |
+1.3935+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.3975 |
| Objective: |
1.3935 |
| Stop-Loss: |
|
| Resistance: |
1.4008/1.4017/1.4049 |
| Support: |
1.3919/1.3845/1.3813 |
|
|
| DAILY EUR/USD OUTLOOK - +1.2070+ |
|
| Update
Time: |
20 Apr 2021 08:37GMT |
DAILY EUR/USD OUTLOOK - +1.2070+
Euro's rally abv last week's 1.1994 high (now
sup) to a 6-week peak of 1.2048 in Europe Mon sig-
nals upmove fm Mar's 4-1/2 month 1.1705 trough to
retrace MT fall fm 1.2349 (Jan) wud head to 1.2090,
loss of momentum shud cap price below 1.2112 res.
Intra-day pullback fm 1.2071 wud bring range tra
ding b4 up. Below 1.2034 risks 1.2016, 1.1990/94.
|
| Rate: |
+1.2070+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 1.2020 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
1.2079/1.2112/1.2169 |
| Support: |
1.2016/1.1994/1.1943 |
|
|
| DAILY AUD/JPY CROSS OUTLOOK - +84.45+ |
|
| Update
Time: |
20 Apr 2021 06:33GMT |
DAILY AUD/JPY CROSS OUTLOOK - +84.45+
A$'s rise fm last Tue's 83.04 low to 84.41 Thur
signals pullback fm Apr's 84.48 top has ended n
y'day's bounce fm 83.76 has retained bullishness.
Trade fm long side for 84.45/48, abv, 84.70/75
b4 'down'. Only below 83.76 risks 83.40/45.
|
| Rate: |
+84.45+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 83.85 |
| Objective: |
84.45 |
| Stop-Loss: |
Long at 83.85 |
| Resistance: |
84.48/84.72/85.01 |
| Support: |
83.98/83.76/83.46 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.7800+ |
|
| Update
Time: |
20 Apr 2021 03:12GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.7800+
Aud's present break of Mon's 4-week high of 0.77
84 after release of upbeat RBA minutes suggests
recent upmove fm Apr's 3-month trough at 0.7533 wud
head to 0.7800/05, 'loss of momentum' wud prevent
strg gain n reckon 0.7849 (Mar top) shud hold.
Trade fm long side for 0.7800 n only below 0.77
51 (NY low) signals temp. top made, 0.7724/28.
|
| Rate: |
+0.7800+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.7760 |
| Objective: |
0.7800 |
| Stop-Loss: |
|
| Resistance: |
0.7802/0.7818/0.7849 |
| Support: |
0.7751/0.7724/0.7706 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.2060+ |
|
| Update
Time: |
20 Apr 2021 03:11GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.2060+
Despite euro's brief pullback fm Mon's 6-week
high of 1.2048 (Europe) to 1.2016 in NY morning,
intra-day break of 1.2048 confirms recent upmove fm
Mar's 1.1705 bottom has once again resumed, loss of
momentum shud cap price well below 1.2112 today.
Hold long for 1.2060 next n only below 1.2030/34
indicates temporary top is made, risks 1.2016.
|
| Rate: |
+1.2060+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2020 |
| Objective: |
1.2060 |
| Stop-Loss: |
|
| Resistance: |
1.2069/1.2081/1.2112 |
| Support: |
1.2034/1.2016/1.1994 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8598+ |
|
| Update
Time: |
19 Apr 2021 14:55GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8598+
Although euro's intra-day rebound fm 0.8631
(Asia) suggests 1st leg of correction fm Fri's 7-
week peak at 0.8719 has ended there, downside bias
remains for weakness twd 0.8620/24 but reckon 0.86
04 shud remain intact and yield rebound.
Trade fm short side for 0.8620 1st as only abv
0.8666/71 risks weakness to 0.8685/90 later.
|
| Rate: |
+0.8598+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.8628 |
| Objective: |
0.8598 |
| Stop-Loss: |
|
| Resistance: |
0.8672/0.8698/0.8719 |
| Support: |
0.8594/0.8567/0.8541 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.8605+ |
|
| Update
Time: |
19 Apr 2021 14:52GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.8605+
Euro's fall to 0.8654 in NY Fri, then intra-day
firm break of 0.8640/45 sup area suggests upmove fm
Apr's 1-year 0.8473 bottom has made a temp. top at
Fri's fresh 6-week top of 0.8719 n retrace. to 0.85
90/95 wud be seen be seen but 0.8567 shud hold.
Trade fm short side for 0.8605 1st n only abv
0.8672 wud risk gain to 0.8698/00.
|
| Rate: |
+0.8605+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.8655 |
| Objective: |
0.8605 |
| Stop-Loss: |
|
| Resistance: |
0.8672/0.8698/0.8719 |
| Support: |
0.8594/0.8567/0.8536 |
|
|
| DAILY GBP/JPY CROSS OUTLOOK - +150.80+ |
|
| Update
Time: |
19 Apr 2021 12:57GMT |
DAILY GBP/JPY CROSS OUTLOOK - +150.80+
Intra-day bounce fm 150.06 suggests choppy trad-
ing abv Fri's 3-week 149.40 low wud be seen n gain
to 150.83, then 151.00/05 is likely b4 retreat.
Raise long entry to 150.20 for 151.00 n only
below 149.90/00 risks 149.60/65, then 149.40.
|
| Rate: |
+150.80+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 150.00+ |
| Objective: |
+150.80+ |
| Stop-Loss: |
+Long at 150.00+ |
| Resistance: |
150.83/151.05/151.35 |
| Support: |
150.06/149.80/149.40 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.3950+ |
|
| Update
Time: |
19 Apr 2021 12:56GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.3950+
Cable's intra-day rise abv Fri's high at 1.3845
(now sup) on usd's broad-based weakness suggests
recent upmove fm Apr's 2-month bottom at 1.3670 has
resumed n gain to 1.3958 wud be seen after consoli-
dation, o/bot condition may cap price below 1.3970.
Trade fm long side for 1.3950 1st n only below
1.3869 wud indicate temp. top made, risk 1.3845.
|
| Rate: |
+1.3950+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3910 |
| Objective: |
1.3950 |
| Stop-Loss: |
|
| Resistance: |
1.3958/1.3970/1.4005 |
| Support: |
1.3919/1.3869/1.3845 |
|
|
| INTRA-DAY EUR/CHF OUTLOOK - +1.0995+ |
|
| Update
Time: |
19 Apr 2021 09:55GMT |
INTRA-DAY EUR/CHF OUTLOOK - +1.0995+
Euro's retreat fm last Thur's 1.1063 high to
1.1002 Fri suggests correction fm last Mon's 5-week
1.0976 low has possibly ended, below 1.0990/95 wud
add credence to this view n bring re-test of 1.0976
, break wud head to 1.0957/64 'later' today.
As 1.1030 has capped recovery, hold short for
1.0995. Abv 1.1045/50 aborts n risks 1.1063/69.
|
| Rate: |
+1.0995+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.1025 |
| Objective: |
1.0995 |
| Stop-Loss: |
|
| Resistance: |
1.1047/1.1063/1.1087 |
| Support: |
1.0994/1.0976/1.0957 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.7760+ |
|
| Update
Time: |
19 Apr 2021 07:51GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.7760+
A$'s retreat on Fri after failure to penetrate
Thur's near 4-week peak at 0.7761 suggests 'choppy'
trading below there wud continue, as aud has edged
higher after finding buying at 0.7706 sup, upside
bias remains, abv 0.7761 wud head to 0.7770/80.
Hold long for 0.7760 after consolidation as only
below 0.7706 risks stronger retrace. to 0.7681/85.
|
| Rate: |
+0.7760+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.7725 |
| Objective: |
0.7760 |
| Stop-Loss: |
|
| Resistance: |
0.7761/0.7770/0.7802 |
| Support: |
0.7706/0.7677/0.7635 |
|
|
| DAILY GBP/JPY CROSS OUTLOOK - +150.60+ |
|
| Update
Time: |
18 Apr 2021 23:00GMT |
DAILY GBP/JPY CROSS OUTLOOK - +150.60+
Intra-day strong rebound fm 149.40 suggests fall
fm Apr's near 3-year 153.41 peak has made a temp.
low, yield gain to 150.70/80 b4 prospect of retreat
Trade fm long side for 150.60 1st as only below
149.60 risks further weakness twd 149.19/21.
|
| Rate: |
+150.60+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 149.85 |
| Objective: |
150.60 |
| Stop-Loss: |
Long at 149.85 |
| Resistance: |
150.62/150.83/150.93 |
| Support: |
150.21/149.59/149.40 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8665+ |
|
| Update
Time: |
16 Apr 2021 16:10GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8665+
Euro's intra-day strong retreat fm a fresh 6-wk
high at 0.8719 in Europe suggests upmove fm Apr's
2-year bottom at 0.8473 has made a temp. top there
and downside bias remains for weakness twd 0.8670
but reckon 0.8641/47 shud hold n yield rebound.
Trade fm short side for 0.8660 1st as only abv
0.8712/19 signals pullback over, risks 0.8730.
|
| Rate: |
+0.8665+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 0.8690 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
0.8730/0.8762/0.8796 |
| Support: |
0.8641/0.8622/0.8604 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.3815+ |
|
| Update
Time: |
16 Apr 2021 14:57GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.3815+
Cable's intra-day rally fm 1.3717 at European
open n break abv Wed's high at 1.3809 to 1.3816
signals corrective upmove fm last Fri's 2-month
bottom at 1.3670 wud head to 1.3839/40 after conso-
lidation but 1.3850/55 shud remain intact.
Trade fm long side for 1.3825 1st n only below
1.3768 wud risk weakness to 1.3717.
|
| Rate: |
+1.3815+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 1.3785 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
1.3839/1.3866/1.3877 |
| Support: |
1.3768/1.3717/1.3695 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +130.45+ |
|
| Update
Time: |
16 Apr 2021 07:49GMT |
INTRA-DAY EUR/JPY OUTLOOK - +130.45+
Although y'day's decline fm 130.56 (AUS) to 130.
03 in NY in tandem with US yields suggests further
gyrations below Apr's 130.68 peak wud continue,
intra-day bounce fm 129.98 (Asia) has retained bull
ish view for gain to 130.45, then later, 130.61/68.
Trade fm long side for 130.45 n only below 129.
80 aborts bullishness, risks weakness twd 129.58.
|
| Rate: |
+130.45+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 130.00 |
| Objective: |
130.45 |
| Stop-Loss: |
|
| Resistance: |
130.58/130.68/130.87 |
| Support: |
129.98/129.80/129.58 |
|
|
| DAILY AUD/JPY CROSS OUTLOOK - +84.34+ |
|
| Update
Time: |
15 Apr 2021 07:50GMT |
DAILY AUD/JPY CROSS OUTLOOK - +84.34+
Y'day's rally to 84.28 suggests recent fall has
made a temp. low at 83.04 Tue n gain to 84.40 wud
be seen but 84.48 shud cap upside, yield retreat.
Intra-day retreat fm 84.29 yields range trading
b4 up. Below 83.60/65 signals top made, 83.45/50.
|
| Rate: |
+84.34+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 83.75 |
| Objective: |
|
| Stop-Loss: |
Long at 83.75 |
| Resistance: |
84.29/84.48/84.72 |
| Support: |
83.85/83.46/83.04 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.7750+ |
|
| Update
Time: |
15 Apr 2021 07:28GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.7750+
Despite A$'s brief rise abv Wed's 0.7738 top to
a fresh 3-week peak of 0.7746 after upbeat AU jobs
report, lack of follow-through buying n present
retreat on profit taking wud bring range trading n
may head back to 0.7700/05 b4 another upmove.
Trade fm long side for gain to 0.7750 after con-
solidation. Only below 0.7695 signals top, 0.7677.
|
| Rate: |
+0.7750+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.7710 |
| Objective: |
0.7750 |
| Stop-Loss: |
|
| Resistance: |
0.7746/0.7756/0.7773 |
| Support: |
0.7695/0.7677/0.7635 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.1960+ |
|
| Update
Time: |
14 Apr 2021 03:40GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.1960+
As euro has maintained a firm undertone after
intra-day rally in NY fm 1.1878 n then break of
last week's 1.1927 high to a 3-1/2 week 1.1955 peak
due to falling US yields, suggesting recent rise fm
Mar's 4-1/2 month 1.1705 low wud head to 1.1965/75.
Present break of 1.1955 has retained bullishness
but 1.1990 shud hold. Below 1.1924/27, 1.1900/05.
|
| Rate: |
+1.1960+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 1.1925 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
1.1962/1.1983/1.1990 |
| Support: |
1.1948/1.1927/1.1878 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8684+ |
|
| Update
Time: |
13 Apr 2021 12:48GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8684+
Euro's current rebound after re-test of y'day's
low at 0.8641 signals pullback fm Fri's 5-week peak
at 0.8697 has ended there n choppy trading with
upside bias wud be seen for gain to 0.8681/85, how-
ever, said top may hold on 1st testing.
Trade fm long side for this move n only below
0.8641 wud risk weakness to 0.8622.
|
| Rate: |
+0.8684+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8654 |
| Objective: |
0.8684 |
| Stop-Loss: |
|
| Resistance: |
0.8681/0.8697/0.8730 |
| Support: |
0.8641/0.8622/0.8594 |
|
|
| DAILY GBP/JPY CROSS OUTLOOK - +150.65+ |
|
| Update
Time: |
13 Apr 2021 07:21GMT |
DAILY GBP/JPY CROSS OUTLOOK - +150.65+
Y'day's bounce fm 149.77 suggests choppy trading
abv Fri's 149.60 low wud continue n abv 150.93 wud
yield stronger retrace. to 151.10/15 b4 'down'.
Trade fm long side for 150.85 n only below 149.
60 risks another fall to 149.20/25.
|
| Rate: |
+150.65+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 150.00 |
| Objective: |
|
| Stop-Loss: |
Long at 150.00 |
| Resistance: |
151.05/151.46/152.07 |
| Support: |
149.77/149.60/149.21 |
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| INTRA-DAY USD/CHF OUTLOOK - +0.9225+ |
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| Update
Time: |
12 Apr 2021 14:28GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9225+
Intra-day break below last Thur's 2-week trough
at 0.9233 to 0.9228 in Europe signals decline fm
Apr's 8-month peak at 0.9472 has once again resumed
n further weakness to 0.9214 wud be seen b4 pros-
pect of a correction due to loss of momentum.
For st trade, hold short for 0.9220 1st n only a
firm break of 0.9281 risks gain to 0.9303 later.
|
| Rate: |
+0.9225+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 0.9260 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
0.9281/0.9302/0.9323 |
| Support: |
0.9228/0.9214/0.9200 |
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