 |
|
|
|
|
TESTIMONIALS |
| |
|
|
| |
|
|
| |
|
|
|
|
|
|
| Special 1-time Trial Offer ($40
USD) |
| Test drive our service for
2 weeks with no obligation. |
 |
|
|
WINNING TRADE
|
TRADE NOW
|
| Update Time: 06 Dec 2019 15:44GMT |
INTRA-DAY EUR/JPY OUTLOOK - +120.15+ |
Despite euro's intra-day bounce fm 120.40 in
post-NFP, present retreat fm 120.67 (NY) has retain
ed bearishness for re-test of Wed's 120.11 low,
where break wud extend marginally but 119.92/95 wud
hold due to oversold condition.
Trade fm short side for 120.15 n only abv 120.70
/75 wud risk stronger gain twd 120.89.
|
|
| Rate: |
+120.15+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 120.55 |
| Objective: |
120.15 |
| Stop-Loss: |
|
|
| |
MARKET REVIEW ON 07 Dec 2019 00:49 GMT |
Dollar regains traction after blowout U.S. jobs data |
The greenback snapped its recent losing streak and regained traction in New York and ended higher against its G4 peers on Friday, except safe-haven Japanese yen after release of robust U.S. jobs data followed by upbeat consumers sentiment data.
Reuters reported U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.
T ...
|
| << To see full content, please try our Trial offer. >> |
| |
MARKET MOVING NEWS
|
All times in GMT |
| 6 Dec 2019 |
15:34 |
USD/MAJORS... Reuters news, in an interview with Bloomberg TV, U.S. National Economic Council Larry Kudlow adds :
- Hong Kong issue has not spilled over into U.S.-China trade talks
..... |
| |
| 6 Dec 2019 |
15:13 |
USD/MAJORS... Reuters news, in an interview with Bloomberg TV, U.S. National Economic Council Larry Kudlow says :
- U.S. President Trump basically likes what he sees in U.S.-China trade talks
- U.S., China need to adjudicate most delicate matters in trade talks
- Trump is not ready to sign any trad..... |
| |
| 6 Dec 2019 |
15:07 |
USD/MAJORS... Reuters reported University of Michigan surveys of consumers sentiment prelim Dec 99.2 (consensus 97.0) vs final Nov 96.8
..... |
| |
|
| News items above are time-delayed, to get the latest news, please try our Trial offer. |
| |
ECONOMIC INDICATORS FOR 09/12/2019 |
All times in GMT |
| Time |
Country |
Indicator |
Actual |
Forecast |
Range |
Previous |
Revised |
|
| 2145 |
New Zealand |
Manufacturing Sales - Q3 |
|
-0.8% |
N/A |
-2.7% |
|
|
| 2350 |
Japan |
Current Account nsa, JPY - Oct |
|
1,797.8B |
1,554/1,979 |
1,612.9B |
|
|
| 2350 |
Japan |
GDP Deflator YY - Q3 |
|
N/A |
N/A |
0.5% |
|
|
| 2350 |
Japan |
GDP QQ Annualised - Q3 |
|
0.7% |
0.2/1.2 |
0.2% |
|
|
| 2350 |
Japan |
GDP Revised QQ - Q2 |
|
0.2% |
0.1/0.3 |
0.1% |
|
|
| 2350 |
Japan |
Trade Balance JPY - Oct |
|
N/A |
N/A |
1.1B |
|
|
|
|
|
| Update Time: 06 Dec 2019 07:58 GMT |
USD/JPY - 108.62 |
Despite dollar's rebound from Wed's trough at 108.44 to 108.99 yesterday, subsequent retreat to 108.61 today suggests correction has ended and decline from Mon's 6-month high at 109.72 would resume and extend to 108.25/29, however, loss of momentum should keep price above 107.90.
On the upside, only above 108.99 would risk gain to 109.20, break, 109.41 later. |
| << Please try our Trial offer. >> |
| |
WHY AceTrader? |
 |
20 years of history in providing forex market analysis and trading recommendations to institutional traders |
|
True 24 hours real-time analysis for up-to-the-minute recommendations and analysis |
|
Forecasting methodology used by professionals |
|
Verifiable performance track record in our recommendations |
|
Specially designed packages for forex traders of different styles and requirements |
|
|
|
| |
DAILY GBP/USD TECHNICAL OUTLOOK |
All times in GMT |
| Last Update At 05/12/2019 23:58 GMT |
| Trend Daily Chart |
Daily Indicators |
21 HR EMA |
55 HR EMA |
| Up |
Turning up |
1.3141 |
1.3091 |
| Trend Hourly Chart |
Hourly Indicators |
13 HR RSI |
14 HR DMI |
| Up |
Bearing divergences |
73 |
+ve |
| Daily Analysis |
| Resumption of upmove |
| Resistance |
Support |
1.3226 - 100% proj. of 1.2983-1.3120 fm 1.3087
1.3196 - Apr 03 high
1.3177 - May 03 high | 1.3120 - Wed's high (now sup)
1.3087 - Wed's NY low
1.3063 - Wed's hourly res (now sup) |
| . GBP/USD - 1.3159.. Cable continbued its recent winning streak on Thur,
price met renewed buying at 1.3106 n rose to 1.3148 in Europe, then later to a
near 7-month high at 1.3166 in NY on market optimism of a Conservative win.
. On the bigger picture, despite a flash crash to 2016 31-year bottom at
1.1491 on Brexit worries, cable rally to 2018 21-mth peak at 1.4377 in Apr con-
firms..... |
Click on the chart to enlarge image
.png)
charts offered by ProRealTime.com |
<< To see more content, please try our Trial offer. >> |
|
|
Top