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Our Recommended Trades
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| INTRA-DAY GBP/USD OUTLOOK - +1.2327+ |
|
| Update
Time: |
26 May 2023 14:45GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2327+
Cable's intra-day selloff fm 1.2395 signals the
recovery fm y'day's 1-1/2 month bottom at 1.2308
has ended there n consolidation with downside bias
remains for a re-test of said sup, break wud extend
recent decline twds 1.2297/00 later.
Remain as cautious seller for 1.2327 1st n only
abv 1.2395 wud risk stronger retracement twd 1.2414
|
| Rate: |
+1.2327+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2377 |
| Objective: |
1.2327 |
| Stop-Loss: |
|
| Resistance: |
1.2395/1.2414/1.2436 |
| Support: |
1.2308/1.2297/1.2250 |
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|
| DAILY EUR/JPY CROSS OUTLOOK - +150.55+ |
|
| Update
Time: |
26 May 2023 12:45GMT |
DAILY EUR/JPY CROSS OUTLOOK - +150.55+
Although euro's rally abv 150.05 (Tue) to a 3-wk
peak at 150.31 in tandem with US yields in NY Thur
signals recent erratic upmove remains in force n
gain twd 150.60/65 wud be seen, reckon 150.80/85
wud hold n yield retreat due to loss of momentum.
Turn cautious buyer to 149.85 for 150.55 1st as
only below 149.30 risks strg retracement twd 149.08
|
| Rate: |
+150.55+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 149.85+ |
| Objective: |
+150.55+ |
| Stop-Loss: |
|
| Resistance: |
150.31/150.64/150.82 |
| Support: |
149.30/149.08/148.72 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +150.35+ |
|
| Update
Time: |
26 May 2023 12:33GMT |
INTRA-DAY EUR/JPY OUTLOOK - +150.35+
Euro's retreat after y'day's rally abv 150.05
(Tue) to a 3-week peak at 150.31 in NY in tandem q
with US yields suggests recent erratic upmove wud
extend twd 150.60/65 but reckon 150.80/85 shud hold
n yield correction due to loss of mometum.
Turn cautious buyer to 149.85 for 150.35 1st as
only below 149.30 risks retracement twd 148.85.
|
| Rate: |
+150.35+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 149.85 |
| Objective: |
150.35 |
| Stop-Loss: |
|
| Resistance: |
150.31/150.64/150.82 |
| Support: |
149.30/148.85/148.72 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +140.25+ |
|
| Update
Time: |
26 May 2023 12:42GMT |
INTRA-DAY USD/JPY OUTOOK - +140.25+
DLr's current rally after release of US data n
break abv y'day's fresh 6-month peak at 140.22 sig
nals MT upmove remains in progress n further gain
twds 140.45/50 wud be seen b4 prospect of a much-
needed correction due to loss of momentum.
Trade fm long side for this move n only below
139.70 wud risk weakness twds 139.40/50.
|
| Rate: |
+140.25+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 139.75+ |
| Objective: |
140.25 |
| Stop-Loss: |
|
| Resistance: |
140.36/140.67/141.00 |
| Support: |
139.70/139.19/138.83 |
|
|
| DAILY USD/SGD OUTLOOK - +1.3545+ |
|
| Update
Time: |
25 May 2023 23:24GMT |
DAILY USD/SGD OUTLOOK - +1.3545+
Intra-day rally abv y'day's fresh 2-month peak
at 1.3501 signals recent upmove wud head twd 1.3550
b4 prospect of correction due to loss of momentum.
Trade fm long side for this move as only below
1.3485/90 risks stronger retracement to 1.3450/55.
|
| Rate: |
+1.3545+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3445 |
| Objective: |
1.3545 |
| Stop-Loss: |
Long at 1.3445 |
| Resistance: |
1.3576/1.3609/1.3650 |
| Support: |
1.3488/1.3453/1.3428 |
|
|
| DAILY USD/JPY OUTLOOK - +140.20+ |
|
| Update
Time: |
25 May 2023 23:16GMT |
DAILY USD/JPY OUTLOOK - +140.20+
Dlr's intra-day firm break abv y'day's 5-1/2
month peak at 139.47 signals recent erratic upmove
remains in progress n further gain twds 140.20/30
wud be seen after consolidation, however, loss of
momentum wud keep price below 140.36/40.
Trade fm long side for this move n only below
139.27 wud risk weakness to 138.83.
|
| Rate: |
+140.20+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 139.40 |
| Objective: |
140.20 |
| Stop-Loss: |
|
| Resistance: |
139.89/140.36/140.82 |
| Support: |
139.27/138.83/138.24 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +140.00+ |
|
| Update
Time: |
25 May 2023 23:15GMT |
INTRA-DAY USD/JPY OUTOOK - +140.00+
Dlr's current rise abv Asian 6-month peak at
139.70 on usd's strength signals MT upmove remains
in progress n further gain twds 140.10/15 wud be
seen after consolidation, however, o/bot condition
wud keep price below 140.36/40.
Trade fm long side for this move n only below
139.19 wud risk stronger weakness to 138.83.
|
| Rate: |
+140.00+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 139.50 |
| Objective: |
140.00 |
| Stop-Loss: |
|
| Resistance: |
140.06/140.36/140.50 |
| Support: |
139.19/138.83/138.47 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2320+ |
|
| Update
Time: |
25 May 2023 15:55GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2320+
Cable's fall in Europe n current break below
Asian sup at 1.2332 signals decline fm May's 1-year
peak at 1.2679 remains in progress n further weak-
ness twds 1.2297/00 wud be seen, however, loss of
momentum wud keep price abv 1.2250.
Trade fm short side for this move n only abv
1.2386 wud risk stronger retrace. to 1.2414.
|
| Rate: |
+1.2320+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2370 |
| Objective: |
1.2320 |
| Stop-Loss: |
|
| Resistance: |
1.2386/1.2414/1.2446 |
| Support: |
1.2312/1.2297/1.2250 |
|
|
| SPOT SILVER DAILY OUTLOOK - +$ 23.00+ |
|
| Update
Time: |
25 May 2023 01:17GMT |
SPOT SILVER DAILY OUTLOOK - +$ 23.00+
Xag's retreat fm 24.01 (Fri) suggests recovery
fm Thu's 1-1/2 mth 23.33 low possibly ended n below
wud extend fall fm 26.13 (May) twd 23.05, 22.80/85.
Trade fm short side for this move as only abv
23.65/70 may risk gain twd 24.20 later.
|
| Rate: |
+$ 23.00+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 23.50 |
| Objective: |
23.00 |
| Stop-Loss: |
Short at 23.50 |
| Resistance: |
23.66/24.01/24.20 |
| Support: |
23.05/22.83/22.50 |
|
|
| WEEKLY NZD/USD OUTLOOK - +0.6099+ |
|
| Update
Time: |
25 May 2023 00:12GMT |
WEEKLY NZD/USD OUTLOOK - +0.6099+
Wed's selloff after RBNZ's expected rate hike n
then break of Apr's 0.6112 low suggests re-test of
Mar's 0.6085 bottom wud be seen, 0.6000/10 wud hold
Trade fm short side for 0.6099 next n only abv
0.6256/63 indicates low made, risks 0.6302/05.
|
| Rate: |
+0.6099+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.6269+ |
| Objective: |
0.6099 |
| Stop-Loss: |
+Short at 0.6269+ |
| Resistance: |
0.6235/0.6263/0.6305 |
| Support: |
0.6085/0.6000/0.5980 |
|
|
| WEEKLY AUD/USD OUTLOOK - +0.6537+ |
|
| Update
Time: |
25 May 2023 00:06GMT |
WEEKLY AUD/USD OUTLOOK - +0.6537+
Despite aud's erratic rise fm Mar's 0.6565 low
to a 2-month 0.6818 high in May, subsequent selloff
on usd's broad-based strength to 0.6605 last Thur,
then intra-day break there suggests re-test of 0.65
65 would be seen after consolidation, break extends
downtrend fm Feb's 0.7158 peak to 0.6520/25 b4 up.
Trade fm short side for 0.6537 n only a firm
break abv 0.6627/30 indicates temp. bottom made,
risks retrace. to 0.6673/75 but 0.6706/09 wud hold.
|
| Rate: |
+0.6537+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6767 |
| Objective: |
0.6537 |
| Stop-Loss: |
|
| Resistance: |
0.6587/0.6630/0.6675 |
| Support: |
0.6528/0.6493/0.6437 |
|
|
| DAILY USD/JPY OUTLOOK - +139.10+ |
|
| Update
Time: |
24 May 2023 18:18GMT |
DAILY USD/JPY OUTLOOK - +139.10+
Dlr's intra-day rally n break abv y'day's fresh
5-1/2 month peak at 138.90 signals recent erratic
upmove has once again resumed n further gain twds
139.30/40 wud be seen, however, loss of momentum
wud prevent sharp move beyond n bring correction.
Trade fm long side for this move n only below
138.40/50 wud risk weakness to 138.24.
|
| Rate: |
+139.10+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 138.30 |
| Objective: |
139.10 |
| Stop-Loss: |
|
| Resistance: |
139.38/139.89/140.07 |
| Support: |
138.90/138.24/138.01 |
|
|
| DAILY USD/CHF OUTLOOK - +0.9060+ |
|
| Update
Time: |
24 May 2023 18:12GMT |
DAILY USD/CHF OUTLOOK - +0.9060+
Despite dlr's fall fm last Thur's 1-month 0.9062
high to 0.8941 Mon, subsequent rise to 0.9029 y'day
n intra-day break abv there signals a re-test of
said res is seen, break wud extend erratic upmove
fm May's 27-month 0.8821 bottom to 0.9085/89.
Trade fm long side for 0.9060 next n only below
0.8986 (Tue NY low) risks 0.8941/45 b4 rebound.
|
| Rate: |
+0.9060+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8980 |
| Objective: |
0.9060 |
| Stop-Loss: |
|
| Resistance: |
0.9066/0.9089/0.9100 |
| Support: |
0.8986/0.8941/0.8920 |
|
|
| DAILY AUD/USD OUTLOOK - +0.6550+ |
|
| Update
Time: |
24 May 2023 14:45GMT |
DAILY AUD/USD OUTLOOK - +0.6550+
Despite aud's rise fm Thur's 0.6605 low to 0.66
75 Fri, subsequent fall n intra-day break of said
sup suggests re-test of Mar's 0.6565 bottom is like
ly after consolidation, where break extends decline
fm Feb's 7-1/2 month 0.7158 peak to 0.6520/25.
Trade fm short side for 0.6550 next n only abv
0.6640/45 risks 0.6660/62, 0.6673/75 shud hold.
|
| Rate: |
+0.6550+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6650 |
| Objective: |
0.6550 |
| Stop-Loss: |
|
| Resistance: |
0.6608/0.6630/0.6675 |
| Support: |
0.6573/0.6565/0.6521 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +138.80+ |
|
| Update
Time: |
24 May 2023 14:23GMT |
INTRA-DAY USD/JPY OUTOOK - +138.80+
Although dlr's retreat fm y'day's fresh 5-1/2
month 138.90 high suggests MT upmove has made a
temporary top n as 138.24 has contained retreat in
Europe today, bullishness is retained for 139.25/30
b4 prospect of correction due to loss of momentum.
Trade fm long side for 138.80 1st as only below
138.25 (Tue) risks 138.00/05, break, 137.77/80.
|
| Rate: |
+138.80+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 138.30 |
| Objective: |
138.80 |
| Stop-Loss: |
|
| Resistance: |
138.90/139.32/139.89 |
| Support: |
138.24/138.01/137.77 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.6547+ |
|
| Update
Time: |
24 May 2023 14:22GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.6547+
Aud's intra-day selloff n break below Mar's near
5-month bottom at 0.6565 signals MT decline has
once again resumed n further weakness twds 0.6540/
50 wud be seen after consolidation, however, loss
of momentum wud keep price abv 0.6525.
Trade fm short side for 0.6547 1st as only abv
0.6610/15 risks stronger retracement twd 0.6630.
|
| Rate: |
+0.6547+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6597 |
| Objective: |
0.6547 |
| Stop-Loss: |
|
| Resistance: |
0.6615/0.6630/0.6662 |
| Support: |
0.6547/0.6525/0.6500 |
|
|
| DAILY GBP/USD OUTLOOK - +1.2378+ |
|
| Update
Time: |
24 May 2023 10:10GMT |
DAILY GBP/USD OUTLOOK - +1.2378+
Although y'day's rise fm a near 1-month 1.2373
low suggests decline fm May's 1-year 1.2679 peak
has made a temporary bottom n mild upside bias wud
be seen, reckon 1.2446/50 res area shud hold, yield
another drop to 1.2345/53, break, 1.2310/20 later.
Trade fm short side for 1.2355 n only abv 1.2446
/50 risks 1.2480/84 but 1.2510 shud cap upside.
|
| Rate: |
+1.2378+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.2448+ |
| Objective: |
+1.2378+ |
| Stop-Loss: |
|
| Resistance: |
1.2465/1.2484/1.2510 |
| Support: |
1.2373/1.2345/1.2294 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2400+ |
|
| Update
Time: |
24 May 2023 10:01GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2400+
Despite cable's intra-day brief rise to 1.2466
in European morning on upbeat UK CPI, subsequent
retreat signals choppy trading below last Fri's top
at 1.2484 wud continue but below 1.2430/35 needed
to yield weakness twd 1.2408 but 1.2390/95 wud hold
Trade fm short side for 1.2400 1st as only abv
1.2484 risks stronger gain twd 1.2510 later.
|
| Rate: |
+1.2400+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2450 |
| Objective: |
1.2400 |
| Stop-Loss: |
|
| Resistance: |
1.2466/1.2484/1.2510 |
| Support: |
1.2392/1.2373/1.2345 |
|
|
| DAILY NZD/USD OUTLOOK - +0.6145+ |
|
| Update
Time: |
24 May 2023 06:40GMT |
DAILY NZD/USD OUTLOOK - +0.6145+
Intra-day selloff after RBNZ's expected rate
hike suggests fall fm May's 0.6384 peak wud head to
0.6162/65, then 0.6123/25 after consolidation b4 up
Trade fm short side for 0.6145 n only abv 0.6230
/35 indicates low made, risks 0.6260/63.
|
| Rate: |
+0.6145+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6290 |
| Objective: |
0.6145 |
| Stop-Loss: |
Short at 0.6290 |
| Resistance: |
0.6204/0.6235/0.6263 |
| Support: |
0.6162/0.6124/0.6112 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.0770+ |
|
| Update
Time: |
23 May 2023 12:36GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.0770+
Intra-day fall in European morning on usd's
broad-based strength suggests recovery fm Fri's 1-
1/2 month 1.0761 low has ended at 1.0831 y'day, be-
low said sup wud extend recent decline to 1.0742/46
but 1.0710/14 may hold, yield subsequent bounce.
Trade fm short side for 1.0770 n only abv 1.0828
/31 risks marginal gain to 1.0846/49 b4 down.
|
| Rate: |
+1.0770+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.0820 |
| Objective: |
1.0770 |
| Stop-Loss: |
|
| Resistance: |
1.0831/1.0849/1.0873 |
| Support: |
1.0761/1.0746/1.0717 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2395+ |
|
| Update
Time: |
23 May 2023 08:08GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2395+
As y'day's volatile swings ended with sharp re-
treat fm 1.2471 to 1.2415 in NY, suggesting reco-
very fm Thur's 3-week 1.2392 low has ended at 1.24
84 Fri, below 1.2392 extends recent decline to 1.23
68/70 but 1.2345/53 may hold on 1st testing.
Trade fm short side for 1.2395 n only abv 1.2471
/72 risks 1.2484, break, 1.2500/10 b4 down.
|
| Rate: |
+1.2395+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2445 |
| Objective: |
1.2395 |
| Stop-Loss: |
|
| Resistance: |
1.2419/1.2446/1.2472 |
| Support: |
1.2392/1.2368/1.2345 |
|
|
| INTRA-DAY EUR/CHF OUTLOOK - +0.9710+ |
|
| Update
Time: |
22 May 2023 07:23GMT |
INTRA-DAY EUR/CHF OUTLOOK - +0.9710+
Euro's selloff below 0.9720 (Tue) to a fresh 2-
month bottom at 0.9714 in NY Fri signals recent
erratic decline has once again resumed n re-test of
Mar's 0.9707 trough wud be seen after consolidation
but break needed for weakness to 0.9665/70 later.
Trade fm short side for 0.9710 1st as only abv
0.9750 risks stronger retracement to 0.9762/68.
|
| Rate: |
+0.9710+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9760 |
| Objective: |
0.9710 |
| Stop-Loss: |
|
| Resistance: |
0.9750/0.9762/0.9782 |
| Support: |
0.9707/0.9669/0.9644 |
|
|
| DAILY GBP/JPY CROSS OUTLOOK - +172.20+ |
|
| Update
Time: |
19 May 2023 11:55GMT |
DAILY GBP/JPY CROSS OUTLOOK - +172.20+
Intra-day break of 172.15 (Thur) signals recent
upmove wud re-test May's 7-year high at 172.32 but
abv needed to extend twd 172.50/55 b4 retreat.
Buy again on dips to 171.40 for 172.20 1st as
only below 171.10/15 risks retracement twd 170.82.
|
| Rate: |
+172.20+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 171.40+ |
| Objective: |
172.20 |
| Stop-Loss: |
+Long at 171.40+ |
| Resistance: |
172.32/172.54/173.11 |
| Support: |
171.17/170.82/170.14 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +149.40+ |
|
| Update
Time: |
19 May 2023 11:50GMT |
INTRA-DAY EUR/JPY OUTLOOK - +149.40+
Despite euro's rally abv 149.26 (Wed) to a 2-
week peak at 149.45 in NY Thur on rising US yields,
intra-day strg retreat signals recent erratic rise
has made a temp. top there n consolidation is seen
b4 another upmove n abv 149.20 wud re-test 149.45.
Remain as cautious buyer for this move as only
below 148.69/78 may risk retracement twd 148.50.
|
| Rate: |
+149.40+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 148.90 |
| Objective: |
149.40 |
| Stop-Loss: |
|
| Resistance: |
149.20/149.45/149.57 |
| Support: |
148.76/148.50/148.18 |
|
|
| WEEKLY USD/CHF OUTLOOK - +0.9057+ |
|
| Update
Time: |
19 May 2023 06:17GMT |
WEEKLY USD/CHF OUTLOOK - +0.9057+
Despite dlr's resumption of LT decline to a 27-
month trough of 0.8821 early May, subsequent erra-
tic rise to 0.8989 Fri suggests temporary bottom is
in place n abv 0.9003/09 res area would bring
stronger retracement to 0.9055/60, however, loss of
upward momentum should cap price below 0.9115/20.
Trade fm long side for 0.9057 next n only a
daily close below 0.8869 indicates recovery has end
ed instead, risks 0.8821, break, 0.8790/00 b4 up.
|
| Rate: |
+0.9057+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8897 |
| Objective: |
0.9057 |
| Stop-Loss: |
|
| Resistance: |
0.9062/0.9120/0.9196 |
| Support: |
0.8979/0.8920/0.8898 |
|
|
| INTRA-DAY USD/CHF OUTLOOK - +0.9030+ |
|
| Update
Time: |
18 May 2023 13:59GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9030+
Although dlr has retreated after y'day's antici-
pated rise to a 1-month 0.9025 high, as 0.8979 has
contained pullback, upside bias remains for upmove
fm May's 27-month 0.8821 trough to extend to 0.9035
/40 but 0.9055/60 is likely to cap upside today.
Trade fm long side for 0.9030 n only below 0.89
65/70 risks weakness to 0.8950 (Wed), 0.8915/20.
|
| Rate: |
+0.9030+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8980 |
| Objective: |
0.9030 |
| Stop-Loss: |
|
| Resistance: |
0.9025/0.9035/0.9059 |
| Support: |
0.8979/0.8950/0.8920 |
|
|
| DAILY GBP/JPY CROSS OUTLOOK - +172.10+ |
|
| Update
Time: |
18 May 2023 23:18GMT |
DAILY GBP/JPY CROSS OUTLOOK - +172.10+
Intra-day bounce fm 171.20 signals pullback fm
y'day's high at 172.00 has ended there n abv said
res wud extend twds 172.32 later.
Trade fm long side for this move n only below
171.17/20 wud risk weakness to 170.82.
|
| Rate: |
+172.10+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 171.30 |
| Objective: |
172.10 |
| Stop-Loss: |
Long at 171.30 |
| Resistance: |
172.00/172.32/172.54 |
| Support: |
171.17/170.82/170.14 |
|
|
|
|
| |
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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
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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.
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