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Our Recommended Trades
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| INTRA-DAY GBP/USD OUTLOOK - +1.2425+ |
|
| Update
Time: |
01 Jun 2020 08:00GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2425+
Cable's 'wild' swings in NY session on Fri after
rally fm European 1.2292 low to a 2-week of 1.2394
in NY morning, then selloff to 1.2291 n subsequent
bounce to 1.2359 at NY close suggests upside bias
remains n today's gain 1.2414 wud head to 1.2429.
Intra-day bounce fm 1.2377 has retained bullish-
ness n only below risks 1.2360, break, 1.2325/30.
|
| Rate: |
+1.2425+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2385 |
| Objective: |
1.2425 |
| Stop-Loss: |
|
| Resistance: |
1.2414/1.2429/1.2466 |
| Support: |
1.2377/1.2360/1.2325 |
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|
| DAILY GBP/USD OUTLOOK - +1.2410+ |
|
| Update
Time: |
01 Jun 2020 01:59GMT |
DAILY GBP/USD OUTLOOK - +1.2410+
Cable's resumption of last week's 'erratic' rise
to a 2-week high of 1.2394 Fri due to month-end
sterling demand suggests 3-legged upmove fm May's 7
week trough at 1.2075 to retrace early fall fm 1.26
48 (Apr) wud head twd 1.2429 (61.8% r).
Buy again on dips n only daily close below 1.2291
(Fri low) signals temp. top, risks 1.2234, 1.2201.
|
| Rate: |
+1.2410+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2330+ |
| Objective: |
+1.2410+ |
| Stop-Loss: |
|
| Resistance: |
1.2394/1.2429/1.2466 |
| Support: |
1.2329/1.2292/1.2234 |
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|
| DAILY USD/SGD OUTLOOK - +1.4080+ |
|
| Update
Time: |
01 Jun 2020 01:29GMT |
DAILY USD/SGD OUTLOOK - +1.4080+
Usd's intra-day rebound fm 1.4106 signals choppy
trading abv Apr's 1.4070 low wud continue, subse-
quent fall fm 1.4158 (NY) wud head to 1.1080.
Hold short for this move n only abv 1.4185 con-
firms temp. low made n risks gain to 1.4216/19.
|
| Rate: |
+1.4080+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.4145 |
| Objective: |
1.4080 |
| Stop-Loss: |
Short at 1.4145 |
| Resistance: |
1.4158/1.4185/1.4219 |
| Support: |
1.4070/1.4047/1.4018 |
|
|
| DAILY USD/CAD OUTLOOK - +1.3720+ |
|
| Update
Time: |
01 Jun 2020 01:29GMT |
DAILY USD/CAD OUTLOOK - +1.3720+
Usd's retreat after a brief but strg bounce fm
Fri's fresh 2-month low of 1.3715 to 1.3832 in NY
, suggesting fall fm 1.4669 (Mar) may yield 1.3673.
Sell again on recovery to 1.3800 for 1.3700 1st
n only daily close abv 1.3832 risks 1.3880/85.
|
| Rate: |
+1.3720+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.3800+ |
| Objective: |
+1.3720+ |
| Stop-Loss: |
+Short at 1.3800+ |
| Resistance: |
1.3800/1.3832/1.3866 |
| Support: |
1.3715/1.3691/1.3673 |
|
|
| DAILY AUD/JPY CROSS OUTLOOK - +72.30+ |
|
| Update
Time: |
01 Jun 2020 01:27GMT |
DAILY AUD/JPY CROSS OUTLOOK - +72.30+
A$'s re-test of Wed's near 3-month top at 71.92
Fri suggests MT rise fm 59.90 (Mar) wud head to 72
.30, loss of momentum wud cap price at 72.55/59.
Turn long on pullback for this move n only below
71.15/20 'prolongs' choppy swings, risks 70.95/00.
|
| Rate: |
+72.30+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 71.65+ |
| Objective: |
72.30 |
| Stop-Loss: |
+Long at 71.65+ |
| Resistance: |
72.20/72.59/73.05 |
| Support: |
71.77/71.15/71.02 |
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|
| WEEKLY EUR/CHF CROSS OUTLOOK - +1.0670+ |
|
| Update
Time: |
01 Jun 2020 01:11GMT |
WEEKLY EUR/CHF CROSS OUTLOOK - +1.0670+
Euro's anticipated rally to a 2-month high at
1.0661 last Mon confirms LT fall has made a temp.
low at May's fresh 4-1/2 year bottom at 1.0505 n
subsequent daily wild swings wud bring range trad-
ing b4 prospect of another rise, abv 1.0661 wud
head to 1.0710, then 1.0732/37 later this week.
Buy again on dips to 1.0580 for 1.0730 n only
below 1.0550/55 wud risk weakness to 1.0527/32 but
1.0505 shud remain intact, yield rebound.
|
| Rate: |
+1.0670+ |
| Strategy: |
+Stop profit+ |
| Position: |
+Long at 1.0580+ |
| Objective: |
|
| Stop-Loss: |
+Long at 1.0580+ |
| Resistance: |
1.0737/1.0787/1.0833 |
| Support: |
1.0633/1.0578/1.0532 |
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|
| DAILY GBP/JPY CROSS OUTLOOK - +133.55+ |
|
| Update
Time: |
01 Jun 2020 00:46GMT |
DAILY GBP/JPY CROSS OUTLOOK - +133.55+
Fri's resumption of upmove fm May's 129.30 low
to a 3-week high of 133.45 suggests price wud head
to 133.55, however, reckon 134.26 wud cap upside.
Turn long on dips for this move after consolida-
tion n only below 132.45/49 may risk 132.00/10.
|
| Rate: |
+133.55+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 132.75+ |
| Objective: |
133.55 |
| Stop-Loss: |
+Long at 132.75+ |
| Resistance: |
133.55/134.26/134.65 |
| Support: |
132.49/131.79/131.64 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2370+ |
|
| Update
Time: |
01 Jun 2020 00:18GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2370+
Cable's 'wild' swings in NY session on Fri after
rally fm European 1.2292 low to a 2-week of 1.2394
in NY morning, then selloff to 1.2291 n subsequent
bounce to 1.2359 at NY close suggests upside bias
remains but abv 1.2394 needed to head twd 1.2429.
Turn cautious buyer on dips for 1.2370 1st n
only below 1.2291/92 sup risks 1.2272, then 1.2234.
|
| Rate: |
+1.2370+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2330+ |
| Objective: |
1.2370 |
| Stop-Loss: |
|
| Resistance: |
1.2363/1.2394/1.2429 |
| Support: |
1.2291/1.2234/1.2201 |
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|
| INTRA-DAY EUR/JPY OUTLOOK - +119.70+ |
|
| Update
Time: |
29 May 2020 14:31GMT |
INTRA-DAY EUR/JPY OUTLOOK - +119.70+
Euro's intra-day break of y'day's 8-week high at
119.39 confirms recent upmove fm May's 3-1/2 year
bottom at 114.44 has resumed n further gain to 119.
70/75 wud be seen after consolidation, loss of mo-
mentum shud cap price below 119.90/00.
Trade fm long side for 119.70 later n only below
119.18 risks weakness to 118.87/90 b4 up.
|
| Rate: |
+119.70+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 119.30 |
| Objective: |
119.70 |
| Stop-Loss: |
|
| Resistance: |
119.73/120.00/120.35 |
| Support: |
119.18/118.87/118.77 |
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|
| SPOT GOLD DAILY OUTLOOK - $1728.10+ |
|
| Update
Time: |
29 May 2020 13:12GMT |
SPOT GOLD DAILY OUTLOOK - $1728.10+
Despite y'day's resumption of erratic decline fm
May's 7-1/2 year peak of 1765.30 to a 2-week low
of 1694.00, intra-day rally to 1727.60 Thur signals
1st leg of correction has ended n subsequent pull-
back to 1711.80 would bring choppy trading b4 gain
twd 1735.60 but reckon 1740.00 would cap upside.
Trade fm long side for 1735.00 1st n only below
1710/12 dampens bullishness n may risk stronger
retracement twd 1706.40 but 1700/02 should hold.
|
| Rate: |
$1728.10+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 1715.00 |
| Objective: |
|
| Stop-Loss: |
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| Resistance: |
1735.60/1740.00/1747.60 |
| Support: |
1711.80/1706.40/1694.00 |
|
|
| INTRA-DAY EUR/CHF OUTLOOK - +1.0710+ |
|
| Update
Time: |
29 May 2020 11:19GMT |
INTRA-DAY EUR/CHF OUTLOOK - +1.0710+
Intra-day break of Wed's 12-week high at 1.0698
confirms recent upmove fm May's 4-1/2 year trough
at 1.0505 has once again resumed n further gain twd
1.0710 (Mar top) wud be seen after consolidation,
loss of momentum may cap price below 1.0737.
Hold long in anticipation of such a move n only
below 1.0670/75 prolongs choppy trading, 1.0654/59.
|
| Rate: |
+1.0710+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.0675 |
| Objective: |
1.0710 |
| Stop-Loss: |
|
| Resistance: |
1.0710/1.0737/1.0787 |
| Support: |
1.0675/1.0658/1.0632 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.9020+ |
|
| Update
Time: |
29 May 2020 08:23GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.9020+
Euro's present break of last Thur's 7-week high
at 0.8999 confirms recent upmove fm Apr's trough at
0.8671 has once again resumed n further gain to
0.9028/32 wud be seen after consolidation, however,
loss of momentum shud cap price below 0.9044.
Trade fm long side for 0.9020 n only below 0.89
80/85 risks weakness to 0.8964 b4 rebound.
|
| Rate: |
+0.9020+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8990 |
| Objective: |
0.9020 |
| Stop-Loss: |
|
| Resistance: |
0.9028/0.9044/0.9083 |
| Support: |
0.8998/0.8986/0.8964 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.9011+ |
|
| Update
Time: |
29 May 2020 08:01GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.9011+
Despite euro's fall fm last Thur's 7-week top at
0.8999 to 0.8880 Tue, rally to 0.8994 Wed following
EU's eco. recovery fund n renewed Brexit concerns
suggests pullback has ended n upmove fm Apr's 0.86
71 bottom wud head to 0.9025 but 0.9044 shud hold.
Trade fm long side for this move n only below
0.8960/64 prolongs choppy trading, risks 0.8928/29.
|
| Rate: |
+0.9011+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 0.8970 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
0.9021/0.9044/0.9085 |
| Support: |
0.8999/0.8986/0.8964 |
|
|
| NTRA-DAY GBP/USD OUTLOOK - +1.2346+ |
|
| Update
Time: |
29 May 2020 05:55GMT |
NTRA-DAY GBP/USD OUTLOOK - +1.2346+
Cable's intra-day rally fm 1.2234 (Europe) to as
high as 1.2346 (Reuters) in NY y'day due to broad-
based usd's weakness suggests pullback fm Tue's nr
2-week high at 1.2363 has ended n upside bias re-
remains for more gain but 1.2363 may hold.
As 1.2309 has contained pullback, trade fm long
side for 1.2361 n only below 1.2284 aborts, 1.2255.
|
| Rate: |
+1.2346+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 1.2321 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
1.2363/1.2377/1.2429 |
| Support: |
1.2309/1.2284/1.2234 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +119.25+ |
|
| Update
Time: |
28 May 2020 16:28GMT |
INTRA-DAY EUR/JPY OUTLOOK - +119.25+
Euro's intra-day break of Asian fresh 6-week top
at 118.95 confirms recent upomve fm May's 3-1/2 yr
bottom at 114.44 has once again resumed n further
gain to 119.28/32 wud be seen after consolidation,
however, reckon 119.70 shud hold today.
Trade fm long side for 119.25 n only below 118.
49 indicates temp. high made, risks 118.33, 118.14.
|
| Rate: |
+119.25+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 118.90 |
| Objective: |
119.25 |
| Stop-Loss: |
|
| Resistance: |
119.08/119.32/119.70 |
| Support: |
118.49/118.33/118.14 |
|
|
| NTRA-DAY GBP/USD OUTLOOK - +1.2230+ |
|
| Update
Time: |
27 May 2020 14:54GMT |
NTRA-DAY GBP/USD OUTLOOK - +1.2230+
Despite cable's brief rebound to 1.2354 in
Europe, subsequent selloff to 1.2259 on renewed
Brexit concerns (see MMN) suggests recent upmove
fm 1.2075 has made a temp. top at 1.2363 y'day n
current recovery wud yield consolidation b4 down.
Trade fm short side for 1.2227 1st n only abv
1.2282 wud risk stronger gain to 1.2332.
|
| Rate: |
+1.2230+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2267 |
| Objective: |
+1.2230+ |
| Stop-Loss: |
|
| Resistance: |
1.2282/1.2332/1.2354 |
| Support: |
1.2259/1.2249/1.2208 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.8985+ |
|
| Update
Time: |
27 May 2020 14:21GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.8985+
Despite euro's fall fm last Thur's 7-week high
at 0.8999 to 0.8880 y'day, intra-day rise on EU Com
mission's recovery fund n renewed Brexit concern
suggests pullback has possibly ended n consolidat-
ion with upside bias remains, abv 0.8983/88, 0.8999
Trade fm long side for 0.8985 later n only below
0.8928/30 risks weakness to 0.8900, then 0.8880.
|
| Rate: |
+0.8985+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8935 |
| Objective: |
0.8985 |
| Stop-Loss: |
|
| Resistance: |
0.8999/0.9044/0.9086 |
| Support: |
0.8928/0.8909/0.8880 |
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|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8955+ |
|
| Update
Time: |
27 May 2020 12:08GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8955+
Euro's intra-day jump on news of EU Commssion's
announcement of a recovery fund suggests pullback
fm last Thur's 7-week peak at 0.8999 has possibly
ended at 0.8880 Tue n upside bias remains for gain
to 0.8954 (61.8% r), abv wud head twd 0.8971 later.
Trade fm long side for 0.8955 1st n only below
0.88900/10 wud risk weakness to 0.8890, 0.8880.
|
| Rate: |
+0.8955+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8925 |
| Objective: |
0.8955 |
| Stop-Loss: |
|
| Resistance: |
0.8971/0.8988/0.8999 |
| Support: |
0.8927/0.8909/0.8890 |
|
|
| DAILY USD/CAD OUTLOOK - +1.3730+ |
|
| Update
Time: |
27 May 2020 10:01GMT |
DAILY USD/CAD OUTLOOK - +1.3730+
Y'day's selloff below Apr's 1.3850 low (now res)
to a 2-mth trough of 1.3757 confirms MT decline fm
1.4669 (Mar) wud head to 1.3730 but 1.3673 wud hold
Trade fm short side for this move n only abv
1.3850 risks stronger retracement to 1.3890/00.
|
| Rate: |
+1.3730+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.3800 |
| Objective: |
1.3730 |
| Stop-Loss: |
Short at 1.3800 |
| Resistance: |
1.3805/1.3850/1.3891 |
| Support: |
1.3710/1.3673/1.3650 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.1030+ |
|
| Update
Time: |
27 May 2020 09:59GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.1030+
Euro's intra-day jump in Europe on EU recovery
fund news (see MMN) n break of y'day's 1.0995 top
confirms pullback fm last Thur's 1.1008 has ended
at 1.0871 Mon n abv said res wud bring re-test of
May's peak at 1.1018, break, 1.1025/30.
Turn long on dips for 1.1020 1st n only below
1.0935 wud risk weakness to 1.0914.
|
| Rate: |
+1.1030+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.0990+ |
| Objective: |
+1.1030+ |
| Stop-Loss: |
|
| Resistance: |
1.1043/1.1067/1.1100 |
| Support: |
1.0976/1.0935/1.0914 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +118.75+ |
|
| Update
Time: |
27 May 2020 09:59GMT |
INTRA-DAY EUR/JPY OUTLOOK - +118.75+
Euro's present rally in Europe n then break of
y'day's 118.33 high suggests re-test of last Thur's
5-week top at 118.52 wud continue, break wud extend
recent upmove fm May's 3-1/2 year trough at 114.44
to next chart obj. at 118.75 but 119.03 shud hold.
Turn long on dips to 118.35 for this move after
consolidation n only below 118.00/05 risks 117.71.
|
| Rate: |
+118.75+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 118.35+ |
| Objective: |
118.75 |
| Stop-Loss: |
|
| Resistance: |
118.75/119.03/119.53 |
| Support: |
118.33/117.71/117.55 |
|
|
| INTRA-DAY EUR/CHF OUTLOOK - +1.0670+ |
|
| Update
Time: |
27 May 2020 09:55GMT |
INTRA-DAY EUR/CHF OUTLOOK - +1.0670+
Euro's early rebound fm 1.0577 (Mon) to 1.0632
y'day suggests early correction fm May's high at
1.0661 has ended n intra-day break of 1.0632 has
retained daily bullisness for re-test of 1.0661,
abv wud extend upmove fm 1.0505 to 1.0675/80.
Trade fm long side for 1.0670 after consolidat-
ion. Only below 1.0610/15 risks 1.0590 (Asian low)
|
| Rate: |
+1.0670+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.0635 |
| Objective: |
1.0670 |
| Stop-Loss: |
|
| Resistance: |
1.0661/1.0675/1.0710 |
| Support: |
1.0590/1.0577/1.0565 |
|
|
| DAILY EUR/CHF CROSS OUTLOOK - 1.0638 |
|
| Update
Time: |
27 May 2020 08:35GMT |
DAILY EUR/CHF CROSS OUTLOOK - 1.0638
Although euro's intra-day rally fm 1.0590 (Asia)
suggests pullback fm last Mon's 2-month top at 1.06
61 has ended at 1.0577 Mon, present retreat fm 1.06
48 wud bring choppy sideways swings b4 prospect of
another rise, abv 1.0661 wud head to 1.0700/10.
Exit prev. long n only below 1.0615/20 wud risk
weakness to 1.0590 but 1.0577 shud remain intact.
|
| Rate: |
1.0638 |
| Strategy: |
Exit long |
| Position: |
Long at 1.0585 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
1.0651/1.0661/1.0710 |
| Support: |
1.0590/1.0577/1.0546 |
|
|
| INTRA-DAY EUR/CHF OUTLOOK - +1.0630+ |
|
| Update
Time: |
27 May 2020 07:56GMT |
INTRA-DAY EUR/CHF OUTLOOK - +1.0630+
Although euro's rebound fm 1.0577 (Mon) to 1.06
32 (NY) y'day suggests early pullback fm last Mon's
2-month peak at 1.0661 has ended, subsequent re-
treat wud bring range trading b4 prospect of ano-
ther rise, abv 1.0632 needed to head twd 1.0651.
Trade fm long side for 1.0630 1st n only below
1.0577 risks strg retrace. to 1.0555/65 b4 up.
|
| Rate: |
+1.0630+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.0595 |
| Objective: |
1.0630 |
| Stop-Loss: |
|
| Resistance: |
1.0632/1.0651/1.0661 |
| Support: |
1.0590/1.0577/1.0565 |
|
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results to be obtained by using its services or information it provided.
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Please also read the Hypothetical Disclaimer.
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