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DAILY NZD/USD OUTLOOK - +0.7010+
Update Time: 29 Jul 2021 16:26GMT
DAILY NZD/USD OUTLOOK - +0.7010+

Wed's rally fm 0.6900 (Reuters) to 0.7003 today
wud re-test this week's 0.7010 top, abv extends up-
move fm JUl's 0.6882 bottom to 0.7025/30 later.

Trade fm long side for this move but 0.7036/40
shud hold. Below 0.6940 risks 0.6900/10 b4 rebound.


   Rate: +0.7010+
   Strategy: +Exit long+
   Position: Long at 0.6955
   Objective:
   Stop-Loss: Long at 0.6955
   Resistance: 0.7010/0.7044/0.7162
   Support: 0.6940/0.6916/0.6900
SPOT GOLD DAILY OUTLOOK - +1832.00+
Update Time: 29 Jul 2021 16:29GMT
SPOT GOLD DAILY OUTLOOK - +1832.00+

Despite this week's daily wild swings following
rebound fm last week's low at 1790.40 (Fri) to 1811
.60 on Mon, yesterday's broad-based usd's weakness
after Fed's dovish hold signals upside bias remains
for a strong retracement of early erratic fall from
Jul's 1833.90 peak twd 1833.90 (Jul high).

Trade from long side for this move n only below
1810.00 signals temporary top is made, risks weak-
ness twd 1790.40 next week.


   Rate: +1832.00+
   Strategy: +Target met+
   Position: Long at 1817.00
   Objective: 1832.00
   Stop-Loss:
   Resistance: 1825.00/1833.90/1845.00
   Support: 1810.30/1807.00/1790.40
INTRA-DAY USD/JPY OUTOOK - +109.55+
Update Time: 29 Jul 2021 15:11GMT
INTRA-DAY USD/JPY OUTOOK - +109.55+

Dlr's fall fm 110.28 (Wed) to 109.61 in NY morn-
ing sggests recovery fm Tue's 109.59 low has ended
n despite staging a bounce in tandem with US yields
, present retreat wud re-test 109.59. below extends
fall fm last week's 110.59 high twd 109.34 later.

Trade fm short side for 109.55 n only abv 110.00
/05 may risk stronger gain twd 110.28 tom.


   Rate: +109.55+
   Strategy: +Target met+
   Position: Short at 109.90
   Objective: 109.55
   Stop-Loss:
   Resistance: 109.95/110.28/110.42
   Support: 109.59/109.34/109.07
SPOT SILVER DAILY OUTLOOK - +$ 25.58+
Update Time: 29 Jul 2021 08:46GMT
SPOT SILVER DAILY OUTLOOK - +$ 25.58+

Y'day's rally to 25.00 in post-FOMC NY, then
intra-day break there signals rise fm Tue's 3-1/2
mth low at 24.50 wud head to 25.50, abv, 25.72/77.

Hold long for 25.58 after consolidation n only
below 24.95/00 may risk 24.70/75 later.


   Rate: +$ 25.58+
   Strategy: +Target met+
   Position: Long at 25.18
   Objective: 25.58
   Stop-Loss: Long at 25.18
   Resistance: 25.54/25.77/25.95
   Support: 24.96/24.76/24.50
INTRA-DAY AUD/USD OUTLOOK - +0.7402+
Update Time: 29 Jul 2021 08:22GMT
INTRA-DAY AUD/USD OUTLOOK - +0.7402+

Aud's intra-day jump fm 0.7317 to 0.7381 due to
broad-based usd's weakness in post-FOMC NY after
Fed's dovish hold suggests choppy trading abv Jul's
0.7290 bottom wud continue with upside bias, how-
ever, abv 0.7400 (reaction high) needed for 0.7410.

Present break of 0.7390 has retained bullishness
n only below 0.7360 dampens bullishness, 07335/40.


   Rate: +0.7402+
   Strategy: +Target met+
   Position: Long at 0.7362
   Objective: 0.7402
   Stop-Loss:
   Resistance: 0.7400/0.7410/0.7445
   Support: 0.7360/0.7331/0.7317
INTRA-DAY EUR/USD OUTLOOK - +1.1856+
Update Time: 29 Jul 2021 06:04GMT
INTRA-DAY EUR/USD OUTLOOK - +1.1856+

Euro's intra-day break of Wed's post-FOMC high
to a near 2-week high of 1.1857 in Asia suggests
erratic rise fm Jul's 3-1/2 month trough of 1.1753
wud head twd 1.1875, o/bot condition may cap price
below res at 1.1894 n yield retreat later today.

Trade fm long side for 1.1861 n only below 1.18
25/30 signals temp. top possibly made, 1.1810/15.


   Rate: +1.1856+
   Strategy: +Exit long+
   Position: Long at 1.1821
   Objective:
   Stop-Loss:
   Resistance: 1.1850/1.1875/1.1894
   Support: 1.1830/1.1801/1.1773
INTRA-DAY GBP/USD OUTLOOK - +1.3931+
Update Time: 29 Jul 2021 04:58GMT
INTRA-DAY GBP/USD OUTLOOK - +1.3931+

Cable's intra-day jump fm 1.3844 to 1.3910 in
post-FOMC NY n present break abv said Wed's high
confirms recent upmove fm Jul's 1.3573 bottom has
once again resumed n wud head twd minor daily obj.
at 1.3939, loss of momentum wud cap price at 1.3952

Trade fm long side for 1.3931 n only below 1.39
05/10 signals temp. top made, risks 1.3890/95.


   Rate: +1.3931+
   Strategy: +Target met+
   Position: Long at 1.3891
   Objective: 1.3931
   Stop-Loss:
   Resistance: 1.3939/1.3952/1.3991
   Support: 1.3910/1.3888/1.3868
INTRA-DAY USD/CHF OUTLOOK - +0.9089+
Update Time: 29 Jul 2021 03:10GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9089+

Dlr's intra-day fall fm 0.9158 to 0.9100 in post
-FOMC NY after Fed's dovish hold, then present weak
ness suggests recent erratic decline wud pressure
price to 0.9084/89 after consolidation, o/sold con-
dition wud keep price abv 0.9077 in Asia.

Trade fm short side for this move n only abv
0.9130 (Tue low) signals low made, 0.9150/60 later.


   Rate: +0.9089+
   Strategy: +Target met+
   Position: Short at 0.9124
   Objective: 0.9089
   Stop-Loss:
   Resistance: 0.9118/0.9130/0.9158
   Support: 0.9084/0.9077/0.9053
INTRA-DAY EUR/CHF OUTLOOK - +1.0780+
Update Time: 28 Jul 2021 23:41GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.0780+

Intra-day fall below y'day's 5-month trough at
1.0798 signals MT decline remains in progress n
further weakness to 1.0775/80 wud be seen after
consolidation, loss of momentum wud keep price abv
1.0755/60 n yield correction later.

Trade fm short side for 1.0780 n only firm break
of 1.0821 risks stronger retracement to 1.0835.


   Rate: +1.0780+
   Strategy: +Target met+
   Position: Short at 1.0810
   Objective: 1.0780
   Stop-Loss:
   Resistance: 1.0821/1.0835/1.0842
   Support: 1.0787/1.0750/1.0738
DAILY EUR/CHF CROSS OUTLOOK - +1.0790+
Update Time: 28 Jul 2021 15:01GMT
DAILY EUR/CHF CROSS OUTLOOK - +1.0790+

Euro's resumption of decline fm 2021 peak at
1.1151 (Mar) to 1.0798 y'day, then to a fresh 5-
month trough at 1.0795 today suggests price wud
head to 1.0787 after consolidation, loss of momen-
tum shud keep euro abv 2021 1.0740 bottom (Jan).

Trade fm short side for 1.0790 next n only daily
close abv 1.0821 risks retracement twd 1.0842.


   Rate: +1.0790+
   Strategy: +Target met+
   Position: Short at 1.0840
   Objective: 1.0790
   Stop-Loss:
   Resistance: 1.0821/1.0842/1.0868
   Support: 1.0796/1.0787/1.0740
SPOT SILVER DAILY OUTLOOK - +$ 24.90+
Update Time: 27 Jul 2021 16:46GMT
SPOT SILVER DAILY OUTLOOK - +$ 24.90+

Silver's sideways move after Fri's retreat fm 25
.50 to 25.00 signals recovery fm Jul's 3-mth low at
24.76 has ended n re-test of said sup is seen later

Trade fm short side for 24.90 1st n only abv
25.50/54 wud risk gain to 25.77/80.


   Rate: +$ 24.90+
   Strategy: +Target met+
   Position: Short at 25.30
   Objective: 24.90
   Stop-Loss: Short at 25.30
   Resistance: 25.54/25.77/25.95
   Support: 24.76/24.56/24.42
DAILY EUR/GBP CROSS OUTLOOK - +0.8526+
Update Time: 27 Jul 2021 15:20GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.8526+

Euro's selloff fm last Tue's 7-week 0.8669 high
to 0.8541 Thur, then 0.8532 today suggests the cor-
rection fm Jul's 3-month bottom at 0.8504 has ended
there n weakness twd 0.8504 may be seen but break
is needed to head to 0.8473 later.

Trade fm short side for 0.8513 n only a daily
close abv 0.8584 risks gain to 0.8597, 0.8609.


   Rate: +0.8526+
   Strategy: +Exit short+
   Position: Short at 0.8563
   Objective:
   Stop-Loss:
   Resistance: 0.8584/0.8597/0.8609
   Support: 0.8515/0.8504/0.8473
INTRA-DAY EUR/GBP OUTLOOK - +0.8525+
Update Time: 27 Jul 2021 15:19GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8525+

Despite euro's brief bounce to 0.8573 (Europe),
subsequent break of last Thur's 0.8541 low to 0.85
32 today signals decline fm Jul's 7-week 0.8669 top
has resumed n weakness to 0.8524 is seen after con
solidation but 0.8504 (Jul) wud hold, yield rebound

Trade fm short side for 0.8525 1st n only abv
0.8570/73 risks retrace. to 0.8584.


   Rate: +0.8525+
   Strategy: +Target met+
   Position: Short at 0.8555
   Objective: 0.8525
   Stop-Loss:
   Resistance: 0.8560/0.8573/0.8584
   Support: 0.8524/0.8504/0.8473
INTRA-DAY EUR/CHF OUTLOOK - +1.0805+
Update Time: 27 Jul 2021 00:18GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.0805+

Euro's fall on Mon due to broad-based chf-buying
n break of Thur's 1.0814 low to 1.0807 suggests a
re-test of Jul's near 5-month trough at 1.0805 wud
be seen after consolidation, below wud extend MT
decline to 1.0787/90 b4 prospect of correction.

Trade fm short side for 1.0805 1st n only abv
res at 1.0840/42 may risk stronger gain to 1.0858.


   Rate: +1.0805+
   Strategy: +Target met+
   Position: Short at 1.0835
   Objective: 1.0805
   Stop-Loss:
   Resistance: 1.0842/1.0858/1.0862
   Support: 1.0805/1.0787/1.0750
DAILY AUD/JPY CROSS OUTLOOK - +81.37+
Update Time: 26 Jul 2021 14:27GMT
DAILY AUD/JPY CROSS OUTLOOK - +81.37+

A$'s fall fm 81.65 (Fri) signals 1st leg of cor-
rection fm Tue's 5-1/2 mth 79.85 trough has ended,
reckon 80.86 (38.2% r) wud hold n bring rebound.

Turn long on dips to 80.85 for 81.50 n only be-
low 80.60/65 risks weakness to 80.40/45.


   Rate: +81.37+
   Strategy: +Exit long+
   Position: +Long at 80.85+
   Objective:
   Stop-Loss: +Long at 80.85+
   Resistance: 81.69/81.94/82.16
   Support: 81.00/80.69/80.47
INTRA-DAY EUR/JPY OUTLOOK - +129.51+
Update Time: 22 Jul 2021 17:14GMT
INTRA-DAY EUR/JPY OUTLOOK - +129.51+

As euro's volatile swings in post-ECB have ended
with price retreating fm 130.29 in NY, suggesting
1st leg of correction fm Tue's 3-1/2 month bottom
at 128.60 has ended there n weakness to 129.50/55
wud be seen b4 prospect of a rebound.

Trade fm short side for this move n only abv
130.29 wud risk one more rise to 130.42.


   Rate: +129.51+
   Strategy: +Target met+
   Position: Short at 129.91
   Objective: 129.51
   Stop-Loss:
   Resistance: 130.29/130.42/130.63
   Support: 129.73/129.55/129.16
INTRA-DAY GBP/USD OUTLOOK - +1.3745+
Update Time: 22 Jul 2021 07:06GMT
INTRA-DAY GBP/USD OUTLOOK - +1.3745+

Y'day's impressive rally fm 1.3592 in Europe to
as high as 1.3723 in NY on active buying of sterl-
ing suggests recent decline has made a low at Tue's
5-1/2 month 1.3573 low n intra-day break of 1.3723
wud head to 1.3745/50 but 1.3785 shud hold.

Trade fm long side for 1.3745 next n only below
1.3691 (Asia) signals top is made, 1.3666/76.


   Rate: +1.3745+
   Strategy: +Target met+
   Position: Long at 1.3705
   Objective: 1.3745
   Stop-Loss:
   Resistance: 1.3761/1.3785/1.3800
   Support: 1.3691/1.3676/1.3642
DAILY GBP/JPY CROSS OUTLOOK - +151.28+
Update Time: 21 Jul 2021 17:19GMT
DAILY GBP/JPY CROSS OUTLOOK - +151.28+

Intra-day rebound fm 149.30 suggests choppy trad
ing abv Tue's 4-mth 148.47 low wud continue, how-
ever, 150.68 shud remain intact, yield retreat.

On the downside, only below 149.30 wud revive
bearishness for weakness to 149.07.


   Rate: +151.28+
   Strategy: +Target met+
   Position: +Long at 150.58+
   Objective: +151.28+
   Stop-Loss: +Long at 150.58+
   Resistance: 151.05/151.62/152.35
   Support: 149.30/149.07/148.47
 

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