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Our Recommended Trades
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| DAILY USD/CAD OUTLOOK - +1.4240+ |
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| Update
Time: |
31 Mar 2020 10:32GMT |
DAILY USD/CAD OUTLOOK - +1.4240+
Usd's intra-day rally suggests recent fall fm
Mar's 4-year 1.4669 peak has made a low at 1.3922
on Fri n abv 1.4209 wud head to 1.4240/50 later.
Trade fm long side for 1.4240 1st n only below
1.4119 (NY low) signals top, risks 1.4082 1st.
|
| Rate: |
+1.4240+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.4140 |
| Objective: |
1.4240 |
| Stop-Loss: |
Long at 1.4140 |
| Resistance: |
1.4246/1.4275/1.4298 |
| Support: |
1.4164/1.4119/1.4082 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.6184+ |
|
| Update
Time: |
31 Mar 2020 02:43GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.6184+
Despite A$'s brief but sharp selloff fm 0.6195
to 0.6070 (Reuters), intra-day rebound on robust CN
official PMI suggests pullback fm Fri's 10-day high
at 0.6200 has ended, abv 0.6195/00 wud extend fur-
ther gain to 0.6235/40 'later' today.
Still favour trading fm long side for 0.6195 1st
n only below 0.6070 aborts bullishness on aud.
|
| Rate: |
+0.6184+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 0.6145 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
0.6200/0.6226/0.6284 |
| Support: |
0.6112/0.6100/0.6070 |
|
|
| * DAILY USD/JPY OUTLOOK - +108.61+ |
|
| Update
Time: |
31 Mar 2020 01:02GMT |
* DAILY USD/JPY OUTLOOK - +108.61+
Although dlr's selloff fm last Tue's 1-mth peak
of 111.71 to 107.77 Fri confirms upmove fm Mar's nr
3-1/2 year bottom at 101.19 has made a top, y'day's
rebound fm 107.13 (Asia) to 108.29 signals temp.
low is made, abv 108.55 may head to 109.01/06.
Trade fm long side for 108.75 1st n only below
107.50 risks re-test of 107.13, 106.85/90.
|
| Rate: |
+108.61+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 107.55 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
108.29/109.06/109.71 |
| Support: |
107.50/107.13/106.86 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.6190+ |
|
| Update
Time: |
31 Mar 2020 00:58GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.6190+
Aud's retreat fm Fri's 10-day high at 0.6200 to
0.6112 y'day suggests recent rise fm Mar's 17-year
trough at 0.5509 has made a temp. top n range trad-
ing is seen b4 heading to 0.6220/30, 'loss of momen
tum' wud cap price at 0.6284/88 today.
Hold long for 0.6190 after consolidation n only
below 0.6100 signals temp. top, risks 0.6073.
|
| Rate: |
+0.6190+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6135 |
| Objective: |
0.6190 |
| Stop-Loss: |
|
| Resistance: |
0.6200/0.6226/0.6284 |
| Support: |
0.6150/0.6113/0.6100 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +118.80+ |
|
| Update
Time: |
30 Mar 2020 16:58GMT |
INTRA-DAY EUR/JPY OUTLOOK - +118.80+
Euro's intra-day fall fm 119.85 n then re-test
of last Fri's 118.81 low in NY suggests near term
decline fm last Wed's 1-month peak at 121.16 wud
resume after consolidation n head to 118.52/55, how
ever, loss of momentum wud keep price abv 118.00/05
Trade fm short side for 118.80 1st n only abv
119.85 risks stronger gain to 120.00.
|
| Rate: |
+118.80+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 119.30 |
| Objective: |
118.80 |
| Stop-Loss: |
|
| Resistance: |
119.54/119.85/120.00 |
| Support: |
118.81/118.52/118.00 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +108.10+ |
|
| Update
Time: |
30 Mar 2020 12:12GMT |
INTRA-DAY USD/JPY OUTOOK - +108.10+
Despite dlr's resumption of near term decline fm
last Tue's 1-month peak at 111.71 to a 1-1/2 week
low of 107.13 in Asia today on selloff in US yields
, subsequent rebound suggests temp. low is possibly
made, abv 108.25 wud head back to 108.80/85.
Intra-day pullback fm 108.24 wud bring range tra
ding b4 up n only below 107.13 risks 106.85/95.
|
| Rate: |
+108.10+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 107.60 |
| Objective: |
108.10 |
| Stop-Loss: |
|
| Resistance: |
108.25/108.89/109.06 |
| Support: |
107.51/107.13/106.94 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.8890+ |
|
| Update
Time: |
30 Mar 2020 11:37GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.8890+
Despite Fri's brief bounce fm 0.8963 to 0.9039
in Europe after U.K. PM Johnson tested positive for
coronavirus, subsequent selloff to 0.8905 (NY) sig-
nals decline fm last Thur's near 3-1/2 year 0.9500
peak has resumed n wud head to 0.8885/90.
Sell again on recovery but 0.8844/47 wud hold n
only abv 0.9000 indicates temp. low made, 0.9039.
|
| Rate: |
+0.8890+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.8980+ |
| Objective: |
0.8890 |
| Stop-Loss: |
|
| Resistance: |
0.8997/0.9039/0.9072 |
| Support: |
0.8886/0.8844/0.8799 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.8908+ |
|
| Update
Time: |
27 Mar 2020 16:43GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.8908+
Despite euro's bounce fm 0.8963 to 0.9039 in
Europe after UK PM Johnson tested positive for coro
navirus, subsequent fall n break of said sup con-
firms decline fm last Thur's near 3-1/2 year 0.9500
peak has resumed n wud head to 0.8900/10 later.
Trade fm short side for 0.8908 after consolida-
tion n only abv 0.8997/04 risks 0.9039, 0.9065/70.
|
| Rate: |
+0.8908+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.8978 |
| Objective: |
0.8908 |
| Stop-Loss: |
|
| Resistance: |
0.8945/0.8986/0.9004 |
| Support: |
0.8899/0.8844/0.8801 |
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|
| INTRA-DAY AUD/USD OUTLOOK - +0.6095+ |
|
| Update
Time: |
27 Mar 2020 15:51GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.6095+
Aud's intra-day strong rebound fm 0.6024 in NY
morning on renewed usd's weakness suggests pullback
fm Asian 1-week high at 0.6126 has ended n re-test
of this lvl wud be seen after consolidation, break
needed to extend upmove fm 0.5509 to 0.6145/48.
Trade fm long side for 0.6095 1st n only below
0.6054/55 risks weakness to 0.6024/25.
|
| Rate: |
+0.6095+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6040 |
| Objective: |
0.6095 |
| Stop-Loss: |
|
| Resistance: |
0.6126/0.6148/0.6184 |
| Support: |
0.6054/0.6024/0.6000 |
|
|
| INTRA-DAY USD/CHF OUTLOOK - +0.9570+ |
|
| Update
Time: |
27 Mar 2020 15:41GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9570+
Dlr's intra-day fall fm 0.9655 in NY on renewed
usd's weakness n then break of Asian 1-week low at
0.9587 confirms decline fm last Fri's 3-month peak
at 0.9903 has resumed n wud head to 0.9567/70 after
consolidation b4 prospect of rebound.
Hold short for 0.9570 n buy at 0.9560 for day
trade as abv 0.9655 wud yield retrace. to 0.9680/85
|
| Rate: |
+0.9570+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9620 |
| Objective: |
0.9570 |
| Stop-Loss: |
|
| Resistance: |
0.9655/0.9686/0.9720 |
| Support: |
0.9567/0.9544/0.9498 |
|
|
| DAILY GBP/USD OUTLOOK - +1.2258+ |
|
| Update
Time: |
27 Mar 2020 14:33GMT |
DAILY GBP/USD OUTLOOK - +1.2258+
Despite extending this week's spectacular rally
fm last Fri's near 35-year bottom at 1.1412 to an 8
-day high of 1.2306 in Asia today, present retreat
yields range trading b4 said move extend marginal
gain, o/bot condition wud cap price at 1.2373.
Buy on dips for 1.2300 n only daily below 1.2100
risks stronger retracement to 1.2040/50, 1.2000.
|
| Rate: |
+1.2258+ |
| Strategy: |
+Stop profit+ |
| Position: |
+Long at 1.2150+ |
| Objective: |
|
| Stop-Loss: |
+1.2258+ |
| Resistance: |
1.2306/1.2373/1.2429 |
| Support: |
1.2238/1.2145/1.1973 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +119.50+ |
|
| Update
Time: |
27 Mar 2020 12:39GMT |
INTRA-DAY EUR/JPY OUTLOOK - +119.50+
Euro's intra-day break of Asian 119.63 low con-
firms decline fm Wed's 1-month peak at 121.16 has
resumed n further weakness to 119.29/33 wud be seen
after consolidation, however, reckon 118.82 shud
remain intact due to oversold condition.
Trade fm short side for 119.50 1st n only abv
120.20/21 wud risk gain to 120.85/89.
|
| Rate: |
+119.50+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 120.15 |
| Objective: |
119.50 |
| Stop-Loss: |
|
| Resistance: |
120.20/120.89/121.16 |
| Support: |
119.50/118.82/118.39 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.8990+ |
|
| Update
Time: |
27 Mar 2020 10:35GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.8990+
Y'day's selloff to 0.9004 today suggests early
recovery fm last Fri's low at 0.8997 has ended at
0.9390 Mon n downside bias remains for a re-test of
said sup, break wud extend decline fm last Thur's
peak at 0.9500 to 0.8970/80 later.
Lower short entry for 0.8990 1st n only abv 0.91
45 indicates temp. bottom made, 0.9177.
|
| Rate: |
+0.8990+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.9060+ |
| Objective: |
0.8990 |
| Stop-Loss: |
|
| Resistance: |
0.9071/0.9100/0.9136 |
| Support: |
0.8984/0.8957/0.8940 |
|
|
| INTRA-DAY USD/CHF OUTLOOK - +0.9595+ |
|
| Update
Time: |
27 Mar 2020 03:05GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9595+
Although price has stabilised after y'day's sell
off below Tue's low at 0.9720 (now res) to 0.9604
y'day n minor consolidation wud be seen in Asia,
as said move signals decline fm last Fri's 3-month
peak at 0.9903 has resumed, downside bias remains.
Trade fm short side for 0.9580 1st n only abv
0.9675/80 risks retracement to 0.9720/25.
|
| Rate: |
+0.9595+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 0.9630 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
0.9677/0.9720/0.9751 |
| Support: |
0.9604/0.9587/0.9567 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.9037+ |
|
| Update
Time: |
27 Mar 2020 02:33GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.9037+
Although price has recovered after euro's fall
below Wed's low at 0.9056 to 0.9033 in Aust. n
minor consolidation wud be seen, as 0.9093 has cap-
ped upside, another fall to said sup is seen, break
wud bring weakness twds last Fri's 0.8997 low.
Hold short for 0.9037 1st n only abv 0.9093 wud
risk stronger retrace. to 0.9136.
|
| Rate: |
+0.9037+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9077 |
| Objective: |
0.9037 |
| Stop-Loss: |
|
| Resistance: |
0.9093/0.9136/0.9177 |
| Support: |
0.9033/0.8997/0.8984 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2180+ |
|
| Update
Time: |
27 Mar 2020 02:03GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2180+
Although price has retreated after y'day's rally
to a 9-day high at 1.2230 n minor consolidation wud
be seen in Asia, as said move signals upmove fm
Fri's near 35-year bottom at 1.1412 has resumed, up
side bias remains, abv 1.2230, 1.2260/70.
Look to buy on dips for 1.2195 1st n only below
1.2118 wud risk retrace. to 1.2063.
|
| Rate: |
+1.2180+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2130+ |
| Objective: |
1.2180 |
| Stop-Loss: |
|
| Resistance: |
1.2230/1.2274/1.2373 |
| Support: |
1.2127/1.2118/1.2063 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.6090+ |
|
| Update
Time: |
27 Mar 2020 01:38GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.6090+
Although price has eased after y'day's break abv
Wed's 1-week peak at 0.6073 to 0.6088 n minor con-
solidation wud be seen in Asia, as said move sig-
nals corrective upmove fm last Thur's 17-year bot-
tom at 0.5509 has resumed, upside bias remains.
Trade fm long side for 0.6090 1st n only below
0.6000 wud risk retrace. to 0.5974.
|
| Rate: |
+0.6090+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6040 |
| Objective: |
0.6090 |
| Stop-Loss: |
|
| Resistance: |
0.6088/0.6097/0.6122 |
| Support: |
0.6000/0.5974/0.5932 |
|
|
| * DAILY USD/JPY OUTLOOK - +109.29+ |
|
| Update
Time: |
27 Mar 2020 00:21GMT |
* DAILY USD/JPY OUTLOOK - +109.29+
Dlr's selloff fm Tue's 3-mth peak at 111.71 to
as low as 109.22 y'day suggests upmove fm Mar's 3-
1/2 year trough at 101.19 has made a temp. top
there n stronger retrace. to 108.90/00 wud be seen
but 108.46/50 shud hold, yield rebound.
Trade fm short side for 109.00 1st n only abv
110.16 wud indicate pullback over, 110.47.
|
| Rate: |
+109.29+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 110.00 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
109.71/110.16/110.47 |
| Support: |
109.08/108.50/107.69 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +109.15+ |
|
| Update
Time: |
26 Mar 2020 23:55GMT |
INTRA-DAY USD/JPY OUTOOK - +109.15+
Although dlr has finally staged a recovery after
y'day's selloff to 109.22 n minor consolidation wud
be seen in Asia, as said move signals decline fm
Tue's 1-month peak at 111.71 has resumed, downside
bias remains, below 109.22, 109.00/05.
Hold short for 109.13/15 n only abv 110.08/16
res risks stronger retracement to 110.37/47.
|
| Rate: |
+109.15+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 109.70 |
| Objective: |
109.15 |
| Stop-Loss: |
|
| Resistance: |
110.09/110.16/110.47 |
| Support: |
109.22/109.13/108.50 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.6070+ |
|
| Update
Time: |
26 Mar 2020 17:05GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.6070+
A$'s intra-day impressive rise fm 0.5870 (AUS)
to 0.6056 in NY suggests re-test of Wed's 1-week
high at 0.6073 wud be seen after consolidation, abv
wud extend corrective upmove fm last Thur's 1-year
bottom at 0.5509 to 0.6095/00 later today.
Trade fm long side for 0.6070 n only below 0.59
90/00 signals possible top made, risks 0.5974.
|
| Rate: |
+0.6070+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6020 |
| Objective: |
0.6070 |
| Stop-Loss: |
|
| Resistance: |
0.6073/0.6097/0.6122 |
| Support: |
0.6000/0.5974/0.5932 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +109.45+ |
|
| Update
Time: |
26 Mar 2020 15:38GMT |
INTRA-DAY USD/JPY OUTOOK - +109.45+
Although dlr has finally staged a recovery after
intra-day selloff fm 111.30 (AUS) to as low as 109.
39 in NY due to broad-based usd's weakness n range
trading is seen b4 decline fm Tue's 3-week peak at
111.71 heads to 109.32, then 109.10/15 later.
As price has fallen after meeting renewed sell-
ing at 110.08, bearishness is retained for 109.13.
|
| Rate: |
+109.45+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 110.00 |
| Objective: |
109.45 |
| Stop-Loss: |
|
| Resistance: |
110.08/110.16/110.47 |
| Support: |
109.32/109.13/108.50 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.1000+ |
|
| Update
Time: |
26 Mar 2020 15:03GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.1000+
As euro has risen once again after pullback fm
1.0978 to 1.0928, suggesting upmove fm Mon's near
3-year bottom at 1.0637 wud head twd 1.0006 after
consolidation, o/bot condition wud cap price below
1.0044/47 today n yield decline tom.
Present retreat fm 1.0990 wud bring range trad-
ing b4 up n only below 1.0928 risks 1.0893/98.
|
| Rate: |
+1.1000+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.0960 |
| Objective: |
1.1000 |
| Stop-Loss: |
|
| Resistance: |
1.1006/1.0044/1.0067 |
| Support: |
1.0928/1.0898/1.0871 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +120.07+ |
|
| Update
Time: |
26 Mar 2020 12:50GMT |
INTRA-DAY EUR/JPY OUTLOOK - +120.07+
Euro's retreat fm y'day's 1-month high at 121.16
(NY) to 120.09 at NY open today signals recent rise
fm Mar's 6-month 116.13 bottom has made a temporary
top n present rebound wud bring range trading b4
prospect of another fall to 119.85/95.
Hold short for this move but 119.53 may hold n
only abv 120.82/89 risks re-test of 121.16.
|
| Rate: |
+120.07+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 120.45 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
120.54/120.89/121.16 |
| Support: |
119.94/119.53/119.29 |
|
|
| * DAILY USD/JPY OUTLOOK - +109.70+ |
|
| Update
Time: |
26 Mar 2020 11:31GMT |
* DAILY USD/JPY OUTLOOK - +109.70+
Despite resumption of rise fm Mar's 3-1/2 year
bottom at 101.19 to a 3-week high of 111.71 Tue,
y'day's fall fm 111.67 n intra-day weakness signals
temp. top is made n stronger retrace. twd 109.67 is
envisaged, however, reckon 109.32 shud hold.
Trade fm short side for 109.70 1st n only abv
111.30/35 wud risk re-test of 111.71.
|
| Rate: |
+109.70+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 110.70 |
| Objective: |
109.70 |
| Stop-Loss: |
|
| Resistance: |
110.47/111.07/111.35 |
| Support: |
109.82/109.67/109.32 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +109.70+ |
|
| Update
Time: |
26 Mar 2020 11:31GMT |
INTRA-DAY USD/JPY OUTOOK - +109.70+
Dlr's intra-day breach of Asian morning low at
110.47 confirms decline fm Tue's 3-week high at 111
.71 has once again resumed n weakness twd 109.67 is
now envisaged, however, oversold condition is like-
ly to keep price abv 109.32 (last Fri's trough).
Still favour trading fm short side for this move
n only abv 110.47 signals low is made, 110.80/85.
|
| Rate: |
+109.70+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 110.10 |
| Objective: |
109.70 |
| Stop-Loss: |
|
| Resistance: |
110.47/110.85/111.07 |
| Support: |
109.82/109.67/109.32 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +110.38+ |
|
| Update
Time: |
26 Mar 2020 08:21GMT |
INTRA-DAY USD/JPY OUTOOK - +110.38+
Intra-day fall to 110.38 on falling U.S. yields
and stock futures suggests upmove fm Mar's 3-1/2
year trough at 101.19 has made a top at Tue's 4-
week peak at 111.71 n further weakness to 110.09
wud be seen b4 prospect of rebound later.
Trade fm short side for 110.25 1st n only abv
111.07 wud risk stronger gain to 111.35.
|
| Rate: |
+110.38+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 110.85 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
111.07/111.35/111.71 |
| Support: |
110.38/110.09/109.67 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.5885+ |
|
| Update
Time: |
26 Mar 2020 01:54GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.5885+
Y'day's selloff fm a 1-week peak at 0.6073 to
0.5932 n intra-day fall below this sup suggests up-
move fm last Thur's 17-year trough at 0.5509 has
made a temp. top there n stronger retrace. to 0.58
65 wud be seen b4 prospect of rebound.
Trade fm short side for 0.5872 1st n only abv
0.5978 wud risk stronger gain to 0.5992.
|
| Rate: |
+0.5885+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 0.5917 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
0.5978/0.5992/0.6030 |
| Support: |
0.5890/0.5865/0.5845 |
|
|
| DAILY AUD/USD OUTLOOK - +0.5880+ |
|
| Update
Time: |
26 Mar 2020 01:43GMT |
DAILY AUD/USD OUTLOOK - +0.5880+
Despite y'day's rise to a 1-week peak at 0.6073,
subsequent selloff to 0.5932 n intra-day break of
this sup suggests upmove fm last Thur's fresh 17-
year trough at 0.5509 has made a temp. top there n
stronger retrace. to 0.6026 is seen.
Trade fm short side for 0.5870 n only abv 0.6026
wud risk re-test of 0.6073.
|
| Rate: |
+0.5880+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 0.6020 |
| Objective: |
|
| Stop-Loss: |
|
| Resistance: |
0.5978/0.6026/0.6073 |
| Support: |
0.5865/0.5845/0.5699 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.1781+ |
|
| Update
Time: |
25 Mar 2020 23:36GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.1781+
Despite cable's rally fm y'day's 1.1640 low to
1.1918 in late NY, current selloff suggests further
choppy trading below Wed's high at 1.1973 wud con-
tinue with downside bias n below 1.1793 wud extend
to 1.1685 b4 prospect of rebound.
Sell at market for 1.1777 1st n only abv 1.1918
wud risk re-test of 1.1973, break, 1.2000.
|
| Rate: |
+1.1781+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.1831+ |
| Objective: |
+1.1781+ |
| Stop-Loss: |
|
| Resistance: |
1.1918/1.1973/1.2000 |
| Support: |
1.1793/1.1685/1.1640 |
|
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|
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| |
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