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Our Recommended Trades
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INTRA-DAY USD/CHF OUTLOOK - +0.9077+ |
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Update
Time: |
01 Feb 2023 20:38GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9077+ Dlr's current selloff fm 0.9183 in hectic post- FOMC trading on Powell's comments signals a re-test of Jan's 17-month bottom at 0.9086 wud be seen, break wud extend MT decline twds 0.9050 later b4 prospect of correction due to o/sold condition.
Trade fm short side for this move n only abv 0.9138 wud risk stronger gain twds 0.9183.
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Rate: |
+0.9077+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9127 |
Objective: |
0.9077 |
Stop-Loss: |
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Resistance: |
0.9138/0.9183/0.9191 |
Support: |
0.9086/0.9050/0.9000 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2390+ |
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Update
Time: |
01 Feb 2023 20:07GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2390+ Cable's current rally fm 1.2274 in hectic post- FOMC trading on Powell's comments signals early correction fm Jan's 7-month peak at 1.2447 has end- ed at 1.2264 last Tue n gain to 1.2398 is seen, how ever, 1.2413 may remain intact today.
Trade fm long side for this move n only below 1.2304 wud risk weakness to 1.2274.
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Rate: |
+1.2390+ |
Strategy: |
+Target met+ |
Position: |
Long at 1.2340 |
Objective: |
1.2390 |
Stop-Loss: |
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Resistance: |
1.2398/1.2413/1.2447 |
Support: |
1.2347/1.2304/1.2274 |
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INTRA-DAY EUR/JPY OUTLOOK - +141.20+ |
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Update
Time: |
01 Feb 2023 13:54GMT |
INTRA-DAY EUR/JPY OUTLOOK - +141.20+ Euro's selloff fm 141.97 to as low as 140.75 Tue signals choppy trading below last Wed's fresh near 2-week peak at 142.29 wud continue, as 141.83 has capped intra-day bounce, daily bearishness is re- tained, below 141.08 wud head to 140.75.
Trade fm short side for 141.20 1st as only abv 141.97 may risk stronger gain twd 142.29.
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Rate: |
+141.20+ |
Strategy: |
+Target met+ |
Position: |
Short at 141.80 |
Objective: |
141.20 |
Stop-Loss: |
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Resistance: |
141.83/141.97/142.29 |
Support: |
141.08/140.75/140.56 |
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DAILY EUR/JPY CROSS OUTLOOK - +141.00+ |
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Update
Time: |
01 Feb 2023 14:43GMT |
DAILY EUR/JPY CROSS OUTLOOK - +141.00+ Despite Mon's rise fm 140.56 to 141.97, subse- quent fall to 140.75 y'day suggests recovery has ended n intra-day rebound wud bring choppy sideways swings b4 prospect of another drop, below 141.08/10 heads to 140.70/80, reckon 140.56 wud hold.
Trade fm short side for 141.00 1st as only abv 142.29 wud risk one more rise twd 142.55 later.
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Rate: |
+141.00+ |
Strategy: |
+Target met+ |
Position: |
Short at 141.80 |
Objective: |
141.00 |
Stop-Loss: |
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Resistance: |
141.97/142.29/142.55 |
Support: |
141.08/140.75/140.56 |
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DAILY GBP/JPY CROSS OUTLOOK - +159.63+ |
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Update
Time: |
01 Feb 2023 14:37GMT |
DAILY GBP/JPY CROSS OUTLOOK - +159.63+ Y'day's selloff below 160.21 (Mon) to 159.77 (NY) , then 159.72 today signals recent decline wud ex- tend twd 159.52 but 159.20/25 shud hold.
Remain as cautious seller for 159.63 1st as only abv 160.91 wud risk strg gain twd 161.40/45.
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Rate: |
+159.63+ |
Strategy: |
+Target met+ |
Position: |
Short at 160.43 |
Objective: |
159.63 |
Stop-Loss: |
Short at 160.43 |
Resistance: |
160.58/160.91/161.41 |
Support: |
159.72/159.52/159.21 |
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INTRA-DAY USD/JPY OUTOOK - +129.75+ |
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Update
Time: |
01 Feb 2023 11:22GMT |
INTRA-DAY USD/JPY OUTOOK - +129.75+ Although dlr has risen after y'day's pullback fm 130.49 to 129.75, as long as 130.59/61 res area holds, consolidation with downside bias remains, below 129.75 heads to 129.40/50, then 129.21/25 but 129.00/05 shud hold, yield another bounce later.
Trade fm short side for 129.90 1st n only abv 130.59/61 risks gain to 130.85/88, abv, 131.06/11.
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Rate: |
+129.75+ |
Strategy: |
+Target met+ |
Position: |
Short at 130.40 |
Objective: |
129.75 |
Stop-Loss: |
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Resistance: |
130.49/130.61/130.88 |
Support: |
129.75/129.41/129.21 |
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INTRA-DAY EUR/JPY OUTLOOK - +141.00+ |
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Update
Time: |
30 Jan 2023 04:01GMT |
INTRA-DAY EUR/JPY OUTLOOK - +141.00+ Despite euro's strg rebound to 141.91 in NY Thu, subsequent retreat to 141.10, then Fri's selloff below there to 140.83 (NY) suggests choppy trading below 142.29 (Wed) wud continue with downside bias but below 140.77 needed for 140.48 later.
Trade fm short side for 141.00 1st as only abv 141.91 wud risk stronger gain twd 142.29.
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Rate: |
+141.00+ |
Strategy: |
+Target met+ |
Position: |
Short at 141.60 |
Objective: |
141.00 |
Stop-Loss: |
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Resistance: |
141.63/141.91/142.29 |
Support: |
141.04/140.77/140.48 |
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DAILY EUR/JPY CROSS OUTLOOK - +140.70+ |
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Update
Time: |
30 Jan 2023 04:01GMT |
DAILY EUR/JPY CROSS OUTLOOK - +140.70+ Despite euro's resumption of upmove to a fresh near 2-week peak at 142.29 in Asia Wed, subsequent retreat signals nr term rise fm 137.92 has made a temp. top there n as 141.91 has capped recovery on Thur, bearishness remains n below 140.77, 140.48.
Trade fm short side for 140.70 1st as only abv 141.57 wud risk re-test of gain back to 141.91.
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Rate: |
+140.70+ |
Strategy: |
+Target met+ |
Position: |
Short at 141.50 |
Objective: |
140.70 |
Stop-Loss: |
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Resistance: |
141.57/141.91/142.29 |
Support: |
140.77/140.48/140.02 |
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INTRA-DAY EUR/JPY OUTLOOK - +140.90+ |
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Update
Time: |
27 Jan 2023 14:18GMT |
INTRA-DAY EUR/JPY OUTLOOK - +140.90+ Despite euro's strg rebound to 141.91 in NY Thu, intra-day retreat on active yen buying suggests choppy trading below Wed's fresh near 2-week peak at 142.29 wud continue with downside bias n below 141.10 wud yield 140.88 but 140.77 shud hold.
Trade fm short side for 140.90 1st as only abv 141.91 wud risk re-test of 142.29 later.
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Rate: |
+140.90+ |
Strategy: |
+Target met+ |
Position: |
Short at 141.50 |
Objective: |
140.90 |
Stop-Loss: |
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Resistance: |
141.54/141.91/142.29 |
Support: |
141.10/140.88/140.77 |
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* INTRA-DAY EUR/CHF OUTLOOK - +0.9995+ |
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Update
Time: |
26 Jan 2023 18:01GMT |
* INTRA-DAY EUR/CHF OUTLOOK - +0.9995+ Euro's intra-day fall fm 1.0069 in Europe Wed sig nals further choppy swings below Jan's peak at 1.00 98 wud continue with downside bias n subsequent rebound fm 1.0013 wud bring range trading b4 pros- pect of another decline later today.
Remain as cautious seller for this move n only abv 1.0035/40 wud risk gain back to 1.0069.
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Rate: |
+0.9995+ |
Strategy: |
+Target met+ |
Position: |
Short at 1.0035 |
Objective: |
0.9995 |
Stop-Loss: |
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Resistance: |
1.0035/1.0098/1.0156 |
Support: |
0.9995/0.9975/0.9955 |
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INTRA-DAY EUR/GBP OUTLOOK - +0.8780+ |
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Update
Time: |
26 Jan 2023 17:55GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8780+ Despite euro's rally abv 0.8846 (Tue) to 0.8852 in Europe Wed, subsequent selloff to 0.8800 n intra -day break below there signals nr term rise fm 0.87 23 has ended there n downside bias remains for weak ness to 0.8768, reckon 0.8744 may hold.
Remain as cautious seller for 0.8780 1st as only abv 0.8835/40 wud risk strg gain twd 0.8852.
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Rate: |
+0.8780+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.8810 |
Objective: |
0.8780 |
Stop-Loss: |
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Resistance: |
0.8814/0.8836/0.8852 |
Support: |
0.8768/0.8744/0.8723 |
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SPOT SILVER DAILY OUTLOOK - +24.10+ |
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Update
Time: |
26 Jan 2023 15:32GMT |
SPOT SILVER DAILY OUTLOOK - +24.10+ Despite Mon's fall to a 1-month trough at 22.76 , subsequent rally to 23.76 y'day signals temp. low is made n gain to 24.10/20 wud be seen b4 down.
Trade fm long side for this move n only below 23.12 wud risk weakness twds 22.76 later.
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Rate: |
+24.10+ |
Strategy: |
+Target met+ |
Position: |
Long at 23.50 |
Objective: |
24.10 |
Stop-Loss: |
Long at 23.50 |
Resistance: |
23.97/24.37/24.55 |
Support: |
23.12/22.76/22.60 |
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SPOT GOLD DAILY OUTLOOK - +$ 1948.00+ |
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Update
Time: |
25 Jan 2023 23:27GMT |
SPOT GOLD DAILY OUTLOOK - +$ 1948.00+ Although gold's retreat after y'day's resumption of MT upmove to a fresh 8-1/2 month peak at 1942.50 suggests range trading would be seen, as 1917.20 has contained pullback, daily bullishness is re- tained n abv said res would extend twds 1950/52, reckon 1955.60 should remain intact.
Remain as cautious buyer for this move n only a daily close below 1910/12 would risk stronger re- tracement twds 1900/01 later this week.
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Rate: |
+$ 1948.00+ |
Strategy: |
+Target met+ |
Position: |
Long at 1928.00 |
Objective: |
1948.00 |
Stop-Loss: |
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Resistance: |
1945.00/1955.60/1961.80 |
Support: |
1917.20/1911.50/1901.10 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2337+ |
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Update
Time: |
25 Jan 2023 16:14GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2337+ Despite cable's selloff y'day in Europe on UK PMI data n usd's strength to 1.2264, subsequent strg bounce signals the 1st leg of correction fm Mon's 7-month peak at 1.2447 has possibly ended there, however, 1.2357 shud remain intact.
Remain as cautious seller for 1.2285 1st n only abv 1.2357 wud risk stronger gain to 1.2413.
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Rate: |
+1.2337+ |
Strategy: |
+Target met+ |
Position: |
+Short at 1.2387+ |
Objective: |
+1.2337+ |
Stop-Loss: |
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Resistance: |
1.2357/1.2413/1.2447 |
Support: |
1.2264/1.2256/1.2234 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2264+ |
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Update
Time: |
24 Jan 2023 15:00GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2264+ Cable's intra-day selloff fm 1.2413 to as low as 1.2302 in Europe on UK PMIs signals MT upmove has made a temp. top at y'day's 7-month peak at 1.2447 n stronger retracement twds 1.2250/55 wud be seen b4 prospect of a much-needed rebound alter.
Trade fm short side for this move n only abv 1.2357 wud risk stronger gain to 1.2413.
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Rate: |
+1.2264+ |
Strategy: |
+Target met+ |
Position: |
Short at 1.2314 |
Objective: |
1.2264 |
Stop-Loss: |
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Resistance: |
1.2357/1.2413/1.2447 |
Support: |
1.2302/1.2256/1.2234 |
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DAILY USD/JPY OUTLOOK - +130.95+ |
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Update
Time: |
24 Jan 2023 14:59GMT |
DAILY USD/JPY OUTLOOK - +130.95+ Despite dlr's selloff fm 131.57 to 127.58 last Wed, subsequent erratic rise to 130.88 Mon signals a low is in place n intra-day pullback wud bring consolidation b4 prospect of one more rise, how- ever, reckon 131.57 shud hold, bring retreat later.
Remain as cautious buyer for 130.95 1st n only below 129.73 wud risk weakness to 129.05.
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Rate: |
+130.95+ |
Strategy: |
+Target met+ |
Position: |
Long at 129.95 |
Objective: |
130.95 |
Stop-Loss: |
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Resistance: |
130.88/131.22/131.57 |
Support: |
129.73/129.05/128.74 |
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DAILY GBP/JPY CROSS OUTLOOK - +160.45+ |
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Update
Time: |
24 Jan 2023 13:23GMT |
DAILY GBP/JPY CROSS OUTLOOK - +160.45+ Despite y'day's rise to a 3-week 161.80 high, loss of momentum n subsequent retreat signals top possibly made, below 160.77/80 confirms, 160.37/42.
Trade fm short side for 160.45 n only abv 161.55 /60 risks re-test of 161.80, break, 162.30/35.
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Rate: |
+160.45+ |
Strategy: |
+Target met+ |
Position: |
Short at 161.35 |
Objective: |
160.45 |
Stop-Loss: |
Short at 161.35 |
Resistance: |
161.59/161.80/162.33 |
Support: |
160.77/160.37/159.97 |
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DAILY GBP/USD OUTLOOK - +1.2301+ |
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Update
Time: |
24 Jan 2023 12:43GMT |
DAILY GBP/USD OUTLOOK - +1.2301+ Cable's strong bounce after y'day's selloff fm a 7-month 1.2447 peak to 1.2324 suggests 1st leg of correction has ended n retracement to 1.2420/24 may be seen b4 prospect of another drop, below 1.2314/ 24 would head to 1.2295/00, then 1.2247/52 later.
Exit prev. short n sell at 1.2420 for 1.2320 n only abv 1.2447 risks one more rise to 1.2470/75.
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Rate: |
+1.2301+ |
Strategy: |
+Target met+ |
Position: |
+Short at 1.2391+ |
Objective: |
+1.2301+ |
Stop-Loss: |
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Resistance: |
1.2408/1.2447/1.2470 |
Support: |
1.2324/1.2300/1.2247 |
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INTRA-DAY EUR/JPY OUTLOOK - +141.95+ |
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Update
Time: |
23 Jan 2023 14:55GMT |
INTRA-DAY EUR/JPY OUTLOOK - +141.95+ Intra-day rise n then break of last Wed's 141.69 high suggests recent decline fm Jan's 142.85 peak has made a temporary low at Thur's 127.92 bottom n present retreat fm 142.08 wud bring range trading b4 prospect of another rise to 142.20/25.
Trade fm long side for 141.95 n only below 141. 20/25 risks weakness to 140.65/70 later.
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Rate: |
+141.95+ |
Strategy: |
+Target met+ |
Position: |
Long at 141.40 |
Objective: |
141.95 |
Stop-Loss: |
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Resistance: |
142.08/142.25/142.85 |
Support: |
141.22/141.44/141.25 |
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INTRA-DAY USD/CHF OUTLOOK - +0.9175+ |
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Update
Time: |
23 Jan 2023 01:39GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9175+ Although dlr's rise fm last Fri's 0.9142 low to 0.9234 on SNB Jordan's comments suggests MT decline has made a temp. low at Wed's 17-month 0.9086 bot- tom, subsequent retreat has retained bearish view for 0.9190/92, then 0.9142/48 b4 prospect of bounce
Trade fm short side for 0.9175 n only abv 0.9234 risks gain to 0.9245, break, 0.9277/88 later.
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Rate: |
+0.9175+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9225 |
Objective: |
0.9175 |
Stop-Loss: |
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Resistance: |
0.9200/0.9234/0.9245 |
Support: |
0.9142/0.9124/0.9086 |
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INTRA-DAY USD/JPY OUTOOK - +129.50+ |
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Update
Time: |
20 Jan 2023 23:41GMT |
INTRA-DAY USD/JPY OUTOOK - +129.50+ Despite dlr's intra-day rally to 130.61 in NY morning on cross-selling in jpy, current sharp re- treat signals further choppy swings inside recent broad range of 127.23-131.57 wud continue with down side bias, below 129.29 needed for 129.00.
Remain as cautious seller for 129.50 1st n only abv 130.61 wud risk stronger gain to 130.78/80.
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Rate: |
+129.50+ |
Strategy: |
+Target met+ |
Position: |
Short at 130.00 |
Objective: |
129.50 |
Stop-Loss: |
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Resistance: |
130.61/130.78/131.57 |
Support: |
129.29/128.71/128.53 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2380+ |
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Update
Time: |
20 Jan 2023 15:21GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2380+ Although cable's intra-day stronger-than-expec- ted retreat signals further choppy swings below Wed's 1-month peak at 1.2435 wud continue, present bounce fm 1.2337 has retained our daily bullish view of another rise, abv 1.2398, 1.2416.
Remain as cautious buyer for 1.2390 1st n only below 1.2300 wud risk weakness to 1.2283.
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Rate: |
+1.2380+ |
Strategy: |
+Target met+ |
Position: |
+Long at 1.2340+ |
Objective: |
+1.2380+ |
Stop-Loss: |
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Resistance: |
1.2398/1.2416/1.2435 |
Support: |
1.2314/1.2300/1.2283 |
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INTRA-DAY GBP/USD OUTLOOK - +1.2365+ |
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Update
Time: |
19 Jan 2023 16:03GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2365+ Y'day's fall fm a fresh 1-month high at 1.2435 in NY on safe-haven usd buying suggests recent rise has made a temporary top n weakness to 1.2310/15 is likely, however, reckon 1.2295/00 shud hold n yield another bounce, abv 1.2385/90, 1.2410/15.
Buy on dips to 1.2305 for 1.2365 n only below 1.2295/00 risks weakness to 1.2247/56 b4 bounce.
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Rate: |
+1.2365+ |
Strategy: |
+Target met+ |
Position: |
Long at 1.2325 |
Objective: |
+1.2365+ |
Stop-Loss: |
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Resistance: |
1.2351/1.2388/1.2416 |
Support: |
1.2300/1.2283/1.2247 |
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INTRA-DAY USD/JPY OUTOOK - +128.25+ |
|
Update
Time: |
19 Jan 2023 14:42GMT |
INTRA-DAY USD/JPY OUTOOK - +128.25+ Dlr's selloff fm 131.57 to 127.58 y'day' on usd's broad-based weakness n drop in US yields suggests recovery fm Mon's 7-1/2 month 127.23 low has ended n intra-day bounce fm 127.77 wud bring range trad- ing in Europe b4 prospect of another fall.
Remain as cautious seller for 127.70 1st n only abv 128.69 wud risk stronger gain to 128.94.
|
Rate: |
+128.25+ |
Strategy: |
+Target met+ |
Position: |
Short at 128.75 |
Objective: |
128.25 |
Stop-Loss: |
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Resistance: |
128.94/129.29/129.50 |
Support: |
127.58/127.23/126.90 |
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INTRA-DAY EUR/JPY OUTLOOK - +138.60+ |
|
Update
Time: |
19 Jan 2023 00:05GMT |
INTRA-DAY EUR/JPY OUTLOOK - +138.60+ Despite euro's rally to as high as 141.69 in Asia Wed on BOJ's dovish hold, subsequent retreat signals nr term rise fm 138.02 (Fri) has made a temp. top there n consolidation with downside bias remains n below 138.57 wud yield 138.21 later.
Trade fm short side for 138.60 1st as only abv 139.35 wud risk strg retracement twd 139.48.
|
Rate: |
+138.60+ |
Strategy: |
+Target met+ |
Position: |
Short at 139.20 |
Objective: |
138.60 |
Stop-Loss: |
|
Resistance: |
139.35/139.48/139.88 |
Support: |
138.57/138.21/138.02 |
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DAILY EUR/GBP CROSS OUTLOOK - +0.8735+ |
|
Update
Time: |
18 Jan 2023 23:23GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.8735+ Despite euro's resumption of recent upmove to a fresh 3-month peak of 0.8897 Fri, y'day's selloff to 0.8778 on UK jobs data n ECB news, then 0.8739 today signals a top is made n current bounce wud yield range trading b4 another fall later.
REmain as cautious seller for 0.8735 1st n only abv 0.8805 wud risk gain to 0.8833.
|
Rate: |
+0.8735+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.8785 |
Objective: |
0.8735 |
Stop-Loss: |
|
Resistance: |
0.8805/0.8833/0.8862 |
Support: |
0.8739/0.8716/0.8691 |
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DAILY EUR/JPY CROSS OUTLOOK - +138.85+ |
|
Update
Time: |
18 Jan 2023 23:20GMT |
DAILY EUR/JPY CROSS OUTLOOK - +138.85+ Despite euro's jump to 141.69 in Asia on BOJ's dovish hold, intra-day fall suggests near term rise fm Fri's 138.02 low has made a temp. top n weakness to 138.80/85 wud be seen after consolidation but 138.55/60 may hold, yield rebound later.
Trade fm short side for this move n only abv 140 .28 wud risk stronger gain to 140.70.
|
Rate: |
+138.85+ |
Strategy: |
+Target met+ |
Position: |
Short at 139.85 |
Objective: |
138.85 |
Stop-Loss: |
|
Resistance: |
139.88/140.28/140.70 |
Support: |
138.87/138.27/138.00 |
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INTRA-DAY USD/CHF OUTLOOK - +0.9095+ |
|
Update
Time: |
18 Jan 2023 14:17GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9095+ Dlr's current beak below European 0.9124 low on US data signals recent erratic decline remains in progress n further weakness to 0.9085/90 wud be seen after consolidation, loss of momentum wud keep price abv 0.9057 n yield correction.
Trade fm short side for this move n only abv 0.9149 wud risk gain to 0.9188/90.
|
Rate: |
+0.9095+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.9135 |
Objective: |
0.9095 |
Stop-Loss: |
|
Resistance: |
0.9149/0.9188/0.9220 |
Support: |
0.9119/0.9100/0.9057 |
|
|
INTRA-DAY USD/JPY OUTOOK - +127.92+ |
|
Update
Time: |
18 Jan 2023 14:05GMT |
INTRA-DAY USD/JPY OUTOOK - +127.92+ Dlr's current weakness after US data signals re- cent upmove fm 127.23 (Mon) has ended at 131.57 in Asia today n consolidation with downside bias re- mains for weakness to 127.90/00, reckon 127.59 shud remain intact, yield rebound later today.
Venture selling at market for this move n only abv 129.24 wud risk gain to 129.50/60.
|
Rate: |
+127.92+ |
Strategy: |
+Target met+ |
Position: |
+Short at 128.42+ |
Objective: |
127.92 |
Stop-Loss: |
|
Resistance: |
129.24/130.07/130.54 |
Support: |
128.15/127.98/127.59 |
|
|
INTRA-DAY EUR/GBP OUTLOOK - +0.8745+ |
|
Update
Time: |
18 Jan 2023 11:55GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8745+ Y'day's selloff to 0.8778 on UK jobs data n ECB news n intra-day break there signals recent upmove has made a temp. top at Fri's fresh 3-mth 0.8897 peak n present rebound fm 0.8764 (Europe) wud yield consolidation b4 prospect of another fall.
Remain as cautious seller for 0.8745 1st as only abv 0.8805/10 wud risk strg retrace. twd 0.8830/33.
|
Rate: |
+0.8745+ |
Strategy: |
+Target met+ |
Position: |
Short at 0.8785 |
Objective: |
0.8745 |
Stop-Loss: |
|
Resistance: |
0.8805/0.8833/0.8862 |
Support: |
0.8716/0.8691/0.8675 |
|
|
INTRA-DAY EUR/JPY OUTLOOK - +139.95+ |
|
Update
Time: |
18 Jan 2023 11:34GMT |
INTRA-DAY EUR/JPY OUTLOOK - +139.95+ Despite euro's intra-day impressive rally fm 138 .57 to as high as 141.69 on BOJ's dovish hold, pre- sent fall indicates near term rise has made a temp. top n weakness to 139.90/95 is likely b4 prospect of another rebound, abv 140.85/90, 141.20/30.
For st trade, hold short for 139.95 n buy there for day trade. Below 139.85/90, 139.55/60.
|
Rate: |
+139.95+ |
Strategy: |
+Target met+ |
Position: |
Short at 140.70 |
Objective: |
139.95 |
Stop-Loss: |
|
Resistance: |
140.86/141.30/141.50 |
Support: |
139.95/139.61/139.16 |
|
|
INTRA-DAY USD/JPY OUTOOK - +131.50+ |
|
Update
Time: |
18 Jan 2023 04:23GMT |
INTRA-DAY USD/JPY OUTOOK - +131.50+ Intra-day jump abv y'day's 129.15 high on BOJ's dovish hold confirms upmove fm Mon's 7-1/2 month trough at 127.23 has resumed n gain to 131.50/55 wud be seen after consolidation but 131.84/89 may cap upside today, yield correction later.
Buy again on dips to 130.50 for 131.50 n only below 130.15/20 risks weakness to 130.80/85 b4 up.
|
Rate: |
+131.50+ |
Strategy: |
+Target met+ |
Position: |
+Long at 130.50+ |
Objective: |
+131.50+ |
Stop-Loss: |
|
Resistance: |
131.50/131.89/132.30 |
Support: |
130.84/130.44/129.60 |
|
|
DAILY GBP/JPY CROSS OUTLOOK - +161.33+ |
|
Update
Time: |
18 Jan 2023 04:23GMT |
DAILY GBP/JPY CROSS OUTLOOK - +161.33+ Intra-day anticipated jump fm 157.73 to 160.48 on BOJ's dovish hold suggests re-test of Jan's 161. 22 high is likely after consolidation b4 retreat.
Trade fm long side for 161.13 next n only below 159.80/85 may risk weakness to 158.45/50.
|
Rate: |
+161.33+ |
Strategy: |
+Target met+ |
Position: |
Long at 160.03 |
Objective: |
+161.33+ |
Stop-Loss: |
Long at 160.03 |
Resistance: |
161.84/162.33/162.57 |
Support: |
161.01/160.60/160.00 |
|
|
INTRA-DAY EUR/JPY OUTLOOK - +141.57+ |
|
Update
Time: |
18 Jan 2023 04:08GMT |
INTRA-DAY EUR/JPY OUTLOOK - +141.57+ Intra-day jump fm138.57 to 140.88 on BOJ dovish hold suggests decline fm last Wed's 142.85 high has made a temp. bottom at 138.02 Fri n further headway to 141.10/14 wud be seen after consolidation, abv wud head to 141.40/50 b4 prospect of retreat.
Trade fm long side for 141.07 1st n only below 140.45/50 may risk weakness to 140.00/10.
|
Rate: |
+141.57+ |
Strategy: |
+Target met+ |
Position: |
Long at 140.47 |
Objective: |
+141.57+ |
Stop-Loss: |
|
Resistance: |
141.91/142.25/142.85 |
Support: |
140.50/139.80/139.61 |
|
|
DAILY USD/JPY OUTLOOK - +129.50+ |
|
Update
Time: |
18 Jan 2023 02:41GMT |
DAILY USD/JPY OUTLOOK - +129.50+ Although dlr has retreated after rise fm Mon's 7-1/2 month bottom at 127.23 to 129.15 y'day, as 128.00 has contained downside, consolidation with upside bias remains, abv 127.75/85 heads to 129.10/ 15, then 129.47/52 but 129.00/00 may cap upside.
Trade fm long side for 129.20 n only below 127. 90/00 risks marginal fall, 127.60/65 shud hold.
|
Rate: |
+129.50+ |
Strategy: |
+Target met+ |
Position: |
Long at 128.20 |
Objective: |
+129.50+ |
Stop-Loss: |
|
Resistance: |
129.15/129.52/129.70 |
Support: |
128.00/127.59/127.23 |
|
|
DAILY GBP/JPY CROSS OUTLOOK - +159.00+ |
|
Update
Time: |
18 Jan 2023 02:55GMT |
DAILY GBP/JPY CROSS OUTLOOK - +159.00+ Intra-day rise abv y'day's 158.02 on active sell ing in jpy suggests upmove fm Fri's 155.65 low wud head to 159.00/10 but 159.45/50 may cap upside.
Exit prev. short at 158.35 n turn long at 158.00 for 159.00. Below 157.55/60 risks 157.00/10 b4 up.
|
Rate: |
+159.00+ |
Strategy: |
+Target met+ |
Position: |
+Long at 158.00+ |
Objective: |
159.00 |
Stop-Loss: |
+Long at 158.00+ |
Resistance: |
158.44/159.00/159.46 |
Support: |
157.61/157.31/157.08 |
|
|
INTRA-DAY USD/JPY OUTOOK - +130.56+ |
|
Update
Time: |
18 Jan 2023 02:50GMT |
INTRA-DAY USD/JPY OUTOOK - +130.56+ Intra-day jump fm 128.39 to 130.60 on dovish BOJ hold suggests MT decline has made a temp. low at Mon's 7-1/2 month trough of 127.23 n further head- way to 131.11/22 wud be seen after consolidation but 131.30/40 may hold, yield correction.
Buy at market for 130.56 1st n only below 129.55 /60 risks weakness to 129.10/15 b4 another bounce.
|
Rate: |
+130.56+ |
Strategy: |
+Target met+ |
Position: |
+Long at 129.96+ |
Objective: |
130.56 |
Stop-Loss: |
|
Resistance: |
130.60/130.88/131.22 |
Support: |
129.60/129.15/129.03 |
|
|
DAILY AUD/JPY CROSS OUTLOOK - +90.72+ |
|
Update
Time: |
18 Jan 2023 02:42GMT |
DAILY AUD/JPY CROSS OUTLOOK - +90.72+ Intra-day break of y'day's 89.87 high suggests upmove fm Fri's 88.67 low wud extend to 90.65/70 after consolidation but 90.95/00 may cap upside.
Buy on dips to 89.85 for 90.65 n only below 89. 49/54 risks weakness to 89.24/28 b4 bounce.
|
Rate: |
+90.72+ |
Strategy: |
+Target met+ |
Position: |
+Long at 89.92+ |
Objective: |
+90.72+ |
Stop-Loss: |
+Long at 89.92+ |
Resistance: |
90.32/90.63/90.98 |
Support: |
89.49/89.24/89.07 |
|
|
DAILY EUR/JPY CROSS OUTLOOK - +139.60+ |
|
Update
Time: |
18 Jan 2023 02:42GMT |
DAILY EUR/JPY CROSS OUTLOOK - +139.60+ Intra-day rise on active selling in jpy after y'day's selloff fm 139.61 to 128.21 in NY on ECB news suggests pullback has possibly ended, abv 139. 05/10 wud add credence to this view n heads to 139. 30/35, then 139.61, break, 139.95/05 later.
Buy on dips to 138.60 for 139.40 n only below 138.21 risks 138.02 (Fri), below 137.80/90.
|
Rate: |
+139.60+ |
Strategy: |
+Target met+ |
Position: |
+Long at 138.80+ |
Objective: |
+139.60+ |
Stop-Loss: |
|
Resistance: |
139.06/139.61/139.95 |
Support: |
138.66/138.21/138.02 |
|
|
|
|
|
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