|
 |
| |
Our Recommended Trades
|
|
|
| |
|
| INTRA-DAY EUR/USD OUTLOOK - +1.0592+ |
|
| Update
Time: |
19 May 2022 14:59GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.0592+
Euro's intra-day firm break of Asin 1.0507 high
(now sup), then present rise abv y'day's 1.0563 top
confirms corrective rise fm Fri's 5-year trough at
1.0350 has resumed n wud head to 1.0576, loss of
momentum shud cap price below res at 1.0600.
Hold long for 1.0592 n only firm break of 1.0507
signals top is made, yields 1.0488, then 1.0461/65.
|
| Rate: |
+1.0592+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.0552 |
| Objective: |
1.0592 |
| Stop-Loss: |
|
| Resistance: |
1.0576/1.0600/1.0641 |
| Support: |
1.0541/1.0507/1.0461 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2487+ |
|
| Update
Time: |
19 May 2022 13:57GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2487+
Outlook is same as euro, intra-day brief break
of 1.2435 (Wed NY top) suggests pullback fm y'day's
11-day high at 1.2501 has ended at 1.2330 n re-test
of said res wud be seen after choppy trading, abv
needed to extend rise fm 1.2156 to 1.2525/30 later.
Turn long at 1.2410 for 1.2450 n only below 1.23
70/75 aborts upside bias, risks 1.2330/40.
|
| Rate: |
+1.2487+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2437+ |
| Objective: |
+1.2487+ |
| Stop-Loss: |
|
| Resistance: |
1.2450/1.2464/1.2501 |
| Support: |
1.2394/1.2371/1.2330 |
|
|
| DAILY USD/JPY OUTLOOK - +127.35+ |
|
| Update
Time: |
19 May 2022 12:36GMT |
DAILY USD/JPY OUTLOOK - +127.35+
Dlr's selloff fm 129.77 (Tue) to 128.02 (NY) Wed
on safe-haven yen buying n fall in US yields due to
US stock market rout suggests recovery fm May's 127
.53 low has ended, below extends decline fm May's
20-year peak at 131.34 twd 126.96 later.
As price has fallen after rally fm 127.90 to 128
.94 in Asia, sell for 127.35. Abv 128.94, 129.34.
|
| Rate: |
+127.35+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 128.15+ |
| Objective: |
127.35 |
| Stop-Loss: |
|
| Resistance: |
128.02/128.47/128.94 |
| Support: |
127.53/127.28/126.96 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +127.45+ |
|
| Update
Time: |
19 May 2022 12:35GMT |
INTRA-DAY USD/JPY OUTOOK - +127.45+
Despite initial rebound fm 127.90 to 128.94 on
active cross-selling in yen in Asia, dlr's intra-
day selloff in Europe to 127.59 due to renewed safe
-haven yen buying on global stock mkt rout wud re-
test last week's 127.53 low, break, 127.23/28.
Trade fm short side for 127.45 after consolidat-
ion n only abv 128.20/25 may risk 128.45/50 later.
|
| Rate: |
+127.45+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 127.95 |
| Objective: |
127.45 |
| Stop-Loss: |
|
| Resistance: |
128.02/128.26/128.50 |
| Support: |
127.53/127.28/126.96 |
|
|
| DAILY EUR/CHF CROSS OUTLOOK - +1.0245+ |
|
| Update
Time: |
19 May 2022 09:02GMT |
DAILY EUR/CHF CROSS OUTLOOK - +1.0245+
Despite euro's daily choppy swings after early
fall fm May's 11-week peak at 1.0515 to 1.0363 last
Thur, subsequent rise to 1.0496 y'day n then fall
to 1.0332 on safe-haven chf buying n SNB Jordan's
comments signals MT rise fm 0.9973 has made a top.
Turn short on recovery due to o/sold condition
for 1.0305 but 1.0285 may hold. Abv 1.0402, 1.0432.
|
| Rate: |
+1.0245+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.0305+ |
| Objective: |
+1.0245+ |
| Stop-Loss: |
|
| Resistance: |
1.0363/1.0381/1.0402 |
| Support: |
1.0256/1.0229/1.0190 |
|
|
| * INTRA-DAY EUR/CHF OUTLOOK - +1.0270+ |
|
| Update
Time: |
19 May 2022 08:49GMT |
* INTRA-DAY EUR/CHF OUTLOOK - +1.0270+
Euro's intra-day firm break of 1.0332 (Wed) in
on active safe-haven buying in chf in European morn
ing suggests decline fm last Tur's fresh 11-week
peak at 1.0515 wud extend twd 1.0256 but 1.0229 wud
hold n yield correction due to o/sold condition.
Trade fm short side for 1.0270 1st as only abv
1.0332 wud risk strg retrace. to 1.0360/63 later.
|
| Rate: |
+1.0270+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.0310 |
| Objective: |
1.0270 |
| Stop-Loss: |
|
| Resistance: |
1.0332/1.0363/1.0381 |
| Support: |
1.0273/1.0256/1.0229 |
|
|
| DAILY AUD/JPY CROSS OUTLOOK - +89.35+ |
|
| Update
Time: |
19 May 2022 07:23GMT |
DAILY AUD/JPY CROSS OUTLOOK - +89.35+
Intra-day retreat fm 90.53 in Asia suggests cor-
rection fm last Thur's 7-wk 87.32 low has ended at
91.17 Wed n below 89.60/65 wud re-test 89.01 later.
Trade fm short side for 89.35 1st as only abv
90.53 wud risk strg gain twd 91.17, break, 91.76.
|
| Rate: |
+89.35+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 90.05 |
| Objective: |
89.35 |
| Stop-Loss: |
Short at 90.05 |
| Resistance: |
90.53/91.17/91.76 |
| Support: |
89.01/88.48/87.90 |
|
|
| DAILY EUR/JPY CROSS OUTLOOK - +134.37+ |
|
| Update
Time: |
19 May 2022 07:16GMT |
DAILY EUR/JPY CROSS OUTLOOK - +134.37+
Despite euro's early strg rise fm last Thur's 6-
week trough of 132.67 to retrace MT 3-legged fall
fm Apr's 6-1/2 year peak at 140.00 to 136.69 (Tue),
y'day's selloff fm 136.67 to as low as 133.95 sug-
gests said correction ended n wud head twd 133.50.
As 135.46 (Asia) has capped recovery, hold short
for 134.30 n only abv 135.46 risks gain twd 135.95.
|
| Rate: |
+134.37+ |
| Strategy: |
+Exit short+ |
| Position: |
+Short at 135.05+ |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
135.46/135.95/136.19 |
| Support: |
134.50/133.95/133.76 |
|
|
| DAILY GBP/JPY CROSS OUTLOOK - +158.55+ |
|
| Update
Time: |
19 May 2022 07:12GMT |
DAILY GBP/JPY CROSS OUTLOOK - +158.55+
Stg's retreat fm 161.85 to 157.91 in Aust. today
suggests recovery fm 155.61 (Thur) has ended n as
159.80 has capped recovery, downside bias remains.
Trade fm short side for 158.55 1st as only abv
159.80 wud risk strg gain to 160.50/55 later.
|
| Rate: |
+158.55+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 159.25 |
| Objective: |
158.55 |
| Stop-Loss: |
Short at 159.25 |
| Resistance: |
159.80/160.52/160.75 |
| Support: |
158.07/157.44/156.81 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +134.45+ |
|
| Update
Time: |
19 May 2022 07:12GMT |
INTRA-DAY EUR/JPY OUTLOOK - +134.45+
Although euro's intra-day strg rebound fm 134.95
(AUS) signals choppy trading abv last Thur's 6-week
bottom at 132.67 wud continue with mild upside bias
, subsequent retreat fm 135.46 (Asia) suggests reco
very over n downside bias remains for 134.45/50.
Trade fm short side for this move as only abv
135.46 wud risk stronger gain to 135.60/65 later.
|
| Rate: |
+134.45+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 134.95 |
| Objective: |
134.45 |
| Stop-Loss: |
|
| Resistance: |
135.46/135.64/136.19 |
| Support: |
134.50/133.95/133.76 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +128.05+ |
|
| Update
Time: |
18 May 2022 23:48GMT |
INTRA-DAY USD/JPY OUTOOK - +128.05+
Y'day's selloff fm 129.53 (AUS) to as low as 128
.02 in NY due to active safe-haven yen buying on
fall in US yields n US stock mkt rout suggests cor-
rection fm May's 127.53 low has ended at 129.77 Tue
below 128.02 extends to 127.70 but 127.53 wud hold.
Trade fm short side for 128.05 1st n only abv
128.88 dampens bearishness, risks 129.10/15 later.
|
| Rate: |
+128.05+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 128.45 |
| Objective: |
128.05 |
| Stop-Loss: |
|
| Resistance: |
128.47/128.71/128.88 |
| Support: |
128.02/127.70/127.53 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.0488+ |
|
| Update
Time: |
18 May 2022 16:28GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.0488+
Despite initial marginal gain abv y'day's 1.0555
high to 1.0563 in Asia, euro's intra-day fall tp
1.0495 in Europe suggests corretcive rise fm Fri's
1.0350 bottom has possibly made a top n consolida-
tion is seen, below 1.0495 wud head twd 1.0472.
As 1.0541 has capped recovery, remain as cautious
seller, below 1.0472, 1.0454. Abv 1.0542, 1.0555/60
|
| Rate: |
+1.0488+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 1.0522 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
1.0541/1.0563/1.0576 |
| Support: |
1.0495/1.0472/1.0442 |
|
|
| DAILY GBP/USD OUTLOOK - +1.2337+ |
|
| Update
Time: |
18 May 2022 22:28GMT |
DAILY GBP/USD OUTLOOK - +1.2337+
Despite resumption of upmove fm Fri's 23-month
trough of 1.2156 to 1.2498, then marginal gain to
1.2501 (Asia) today, selloff in Europe suggests 1st
leg of correction has ended n wud head twd 1.2329
(50% r), reckon 1.2297 may hold initially.
Intra-day bounce fm 1.2372 wud bring range trad-
ing b4 down n only abv 1.2450/52 may risk 1.2480/90
|
| Rate: |
+1.2337+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2417 |
| Objective: |
1.2337 |
| Stop-Loss: |
|
| Resistance: |
1.2435/ 1.2450/1.2501 |
| Support: |
1.2372/1.2344/1.2297 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +134.44+ |
|
| Update
Time: |
18 May 2022 22:24GMT |
INTRA-DAY EUR/JPY OUTLOOK - +134.44+
Euro's intra-day selloff in NY on active risk-
averse buying in jpy suggests recent upmove fm last
Thur's low at 132.67 has made a temp. top at 136.67
in Asia today n stronger retrace. to 134.20/30 wud
be seen, o/sold condition may keep price abv 134.15
Trade fm short side for this move n only abv 135
.05 indicates pullback has ended, 135.50/60.
|
| Rate: |
+134.44+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 134.84 |
| Objective: |
134.44 |
| Stop-Loss: |
|
| Resistance: |
135.05/135.58/136.19 |
| Support: |
134.46/134.15/133.76 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +135.11+ |
|
| Update
Time: |
18 May 2022 14:18GMT |
INTRA-DAY EUR/JPY OUTLOOK - +135.11+
Despite euro's upmove fm last Thur's 6-week low
of 132.67 to 136.69 (NY) y'day, subsequent retreat
n intra-day weakness to 135.58 in Europe suggests
said rise has made a top n consolidation with down-
side bias is seen, below 135.58, 135.15/20.
Turn cautious seller on recovery for 132.50 n
only abv 136.19 (European high) risks 136.45/50.
|
| Rate: |
+135.11+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 135.51+ |
| Objective: |
+135.11+ |
| Stop-Loss: |
|
| Resistance: |
136.19/136.69/137.04 |
| Support: |
135.58/135.42/135.05 |
|
|
| DAILY GBP/JPY CROSS OUTLOOK - +159.53+ |
|
| Update
Time: |
18 May 2022 13:44GMT |
DAILY GBP/JPY CROSS OUTLOOK - +159.53+
Intra-day retreat fm 161.78 (AUS) suggests reco-
very fm Thur's 7-week 155.61 low has ended at 161.
85 Tue n strg retrace. to 159.27/30 is seen b4 up.
Trade fm short side for 159.53 1st as only abv
160.75 wud risk strg gain twd 161.43, then 161.85.
|
| Rate: |
+159.53+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 160.23 |
| Objective: |
159.53 |
| Stop-Loss: |
Short at 160.23 |
| Resistance: |
160.75/161.43/161.85 |
| Support: |
160.05/159.63/159.30 |
|
|
| DAILY AUD/JPY CROSS OUTLOOK - +91.10+ |
|
| Update
Time: |
17 May 2022 12:58GMT |
DAILY AUD/JPY CROSS OUTLOOK - +91.10+
Intra-day break of 90.17 (Fri) suggests recent
decline has made a temp. low at Thur's 7-week 87.32
bottom n strg retrace. twd 91.15 wud be seen.
Trade fm long side for 91.10 1st as only below
90.17 wud signals recovery over, risk 89.80 later.
|
| Rate: |
+91.10+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 90.40 |
| Objective: |
91.10 |
| Stop-Loss: |
91.10 |
| Resistance: |
90.75/91.15/91.76 |
| Support: |
90.17/89.80/89.32 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +136.41+ |
|
| Update
Time: |
17 May 2022 11:48GMT |
INTRA-DAY EUR/JPY OUTLOOK - +136.41+
Euro's intra-day jump on ECB Knot's hawkish com-
ments (see MMN) suggests upmove fm Thur's 6-week
trough at 132.67 to retrace recent decline remains
in force n abv 136.19 wud head to 136.33, then 136
.53, reckon 136.74/75 wud cap upside today.
Venture buying in anticipation of gain to 136.41
as only below 135.72/77 signals temp. top, 135.42.
|
| Rate: |
+136.41+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 136.01+ |
| Objective: |
136.41 |
| Stop-Loss: |
|
| Resistance: |
136.19/136.33/135.51 |
| Support: |
135.77/135.42/135.05 |
|
|
|
|
| |
DISCLAIMER
Trendsetter does not warrant or guarantee the accuracy, timeliness
or completeness to its service or information contained therein. Trendsetter
does not give, whatsoever, warranties, expressed or implied, to the
results to be obtained by using its services or information it provided.
Users are trading on their own risk and Trendsetter shall not be responsible
under any circumstances for the consequences of such activities. Trendsetter
and its affiliates, in no event, be liable to users or any third parties
for any consequential damages, however arising, including but not
limited to damages caused by negligence whether such damages were
foreseen or unforeseen.
Please also read the Hypothetical Disclaimer.
|
|
|
Top 
