|
 |
| |
Our Recommended Trades
|
|
|
| |
|
| 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 |
|
|
|
|
| |
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 
