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Our Recommended Trades
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| INTRA-DAY GBP/USD OUTLOOK - +1.2760+ |
|
| Update
Time: |
21 May 2019 14:56GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2760+
Despite cable's intra-day resumption of decline
fm Mar's near 9-month peak at 1.3383 to a fresh 4-
month low at 1.2685 in Europe, current strg rebound
on Brexit renewed Brexit optimism (see MMN) signals
a temp. low is made n retrace. to 1.2757/60 is seen
Trade fm long side for 1.2760 1st n only below
1.2685 wud risk weakness to 1.2672.
|
| Rate: |
+1.2760+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2720 |
| Objective: |
1.2760 |
| Stop-Loss: |
|
| Resistance: |
1.2757/1.2788/1.2826 |
| Support: |
1.2685/1.2672/1.2618 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2696+ |
|
| Update
Time: |
21 May 2019 07:15GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2696+
Despite staging a rebound fm Fri's 4-month low
at 1.2714 (NY) to 1.2757 in European morning on
Mon, subsequent weakness to 1.2715 suggests said
correction has ended n sideways swings are seen in
Asia b4 extending recent downtrend to 1.2680/90.
Trade fm short side for 1.2696 n only abv 1.2757
/60 risks stronger retracement to 1.2788.
|
| Rate: |
+1.2696+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2736 |
| Objective: |
1.2696 |
| Stop-Loss: |
|
| Resistance: |
1.2757/1.2788/1.2826 |
| Support: |
1.2690/1.2672/1.2618 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +123.00+ |
|
| Update
Time: |
21 May 2019 00:34GMT |
INTRA-DAY EUR/JPY OUTLOOK - +123.00+
As euro has rebounded after intra-day strg re-
treat fm 123.19 (Asia) to 122.54 in Europe, suggest
ing consolidation with upside bias remans but abv
123.19 needed to extend corrective rise fm last
Wed's 4-mth low at 122.08 to 123.25/30 later.
Trade fm long side for 123.00 1st n only below
122.54 signals retracement over, rsks 122.35/40.
|
| Rate: |
+123.00+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 122.60 |
| Objective: |
123.00 |
| Stop-Loss: |
|
| Resistance: |
123.19/123.40/123.62 |
| Support: |
122.54/122.28/122.08 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8780+ |
|
| Update
Time: |
20 May 2019 15:48GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8780+
Intra-day rebound fm 0.8749 in Europe suggests
pullback fm Fri's 12-week high at 0.8778 has ended
n abv said res wud extend MT upmove fm Mar's 21-
month trough of 0.8473 to 0.8795, however, reckon
0.8805/10 shud hold n yield retreat.
Trade fm long side for 0.8780 n only below 0.87
32/37 wud risk stronger retrace. twds 0.8722.
|
| Rate: |
+0.8780+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8750 |
| Objective: |
0.8780 |
| Stop-Loss: |
|
| Resistance: |
0.8795/0.8822/0.8841 |
| Support: |
0.8749/0.8722/0.8692 |
|
|
| INTRA-DAY USD/JPY OUTLOOK - +110.25+ |
|
| Update
Time: |
20 May 2019 00:13GMT |
INTRA-DAY USD/JPY OUTLOOK - +110.25+
Dlr's intra-day fm 109.50 at NY open Fri, then
break of Asian 110.03 top to a 1-week high of 110.
18 due to broad-based usd's strength after upbeat
U.S. consumer confidence suggests near term rise fm
May's 109.02 low wud head to 110.35/40 b4 retreat.
Hold long for 110.25 after consolidation n only
below 109.72/77 signals top, risks 109.50 later.
|
| Rate: |
+110.25+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 109.85 |
| Objective: |
110.25 |
| Stop-Loss: |
|
| Resistance: |
110.28/110.50/110.70 |
| Support: |
110.02/109.77/109.50 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8765+ |
|
| Update
Time: |
17 May 2019 11:59GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8765+
Intra-day break of y'day's near 3-month high at
0.8749 suggests recent upmove fm last Mon's 5-week
trough at 0.8492 would extend to 0.8765/68 after
consolidation but loss of momentum shud prevent
strg rise n yield correction.
Trade fm long side for this move n only below
0.8692 signals temporary top made, risks 0.8675/80.
|
| Rate: |
+0.8765+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8735 |
| Objective: |
0.8765 |
| Stop-Loss: |
|
| Resistance: |
0.8768/0.8795/0.8822 |
| Support: |
0.8722/0.8703/0.8692 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +122.30+ |
|
| Update
Time: |
17 May 2019 11:54GMT |
INTRA-DAY EUR/JPY OUTLOOK - +122.30+
Intra-day fall fm 122.97 in Asia n then break
of y'day's 122.54 low on active safe-haven yen buy-
ing due to renewed U.S. China trade tensions (see
MMN) suggests recovery fm Wed's 4-month bottom at
122.08 has ended at 123.09 the same day.
Hold short for 122.30 n below 122.08 wud extend
decline to 121.89. Only abv 122.70 risks 122.97.
|
| Rate: |
+122.30+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 122.65 |
| Objective: |
122.30 |
| Stop-Loss: |
|
| Resistance: |
122.70/122.97/123.09 |
| Support: |
122.27/122.08/121.89 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.8755+ |
|
| Update
Time: |
17 May 2019 10:55GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.8755+
Euro's gain to a near 3-month high of 0.8749 due
to Brexit n UK leadership concerns suggests MT rise
fm Mar's 21-month trough at 0.8473 wud head to 0.87
55, near term 'loss of momentum' wud cap price at
0.8768 n yield a minor correction later.
Trade fm long side n only below 0.8693 signals
temporary top is made, risks 0.8669/74 b4 up.
|
| Rate: |
+0.8755+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8705 |
| Objective: |
0.8755 |
| Stop-Loss: |
|
| Resistance: |
0.8749/0.8768/0.8795 |
| Support: |
0.8715/0.8692/0.8669 |
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|
| INTRA-DAY USD/JPY OUTLOOK - +109.60+ |
|
| Update
Time: |
17 May 2019 06:18GMT |
INTRA-DAY USD/JPY OUTLOOK - +109.60+
Despite dlr's expected resumption of upmove fm
Mon's 3-month trough at 109.02 to 109.97 (NY), then
a brief gain to 110.03 in Asia, intra-day retreat
on US-China trade news (see MMN) suggests top is
possibly made, below 109.55/60 wud yield 109.34.
Trade fm short side for 109.60 1st n only abv
110.03/05 risks one more rise twds 110.28 later.
|
| Rate: |
+109.60+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 110.00 |
| Objective: |
109.60 |
| Stop-Loss: |
|
| Resistance: |
109.97/110.05/110.28 |
| Support: |
109.60/109.34/109.02 |
|
|
| DAILY USD/SGD OUTLOOK - +1.3731+ |
|
| Update
Time: |
17 May 2019 01:06GMT |
DAILY USD/SGD OUTLOOK - +1.3731+
Y'day's break of Mon's 4-mth 1.3707 high to 1.37
29 signals upmove fm 2019 low at 1.2444 (Jan) wud
gead to 1.3721/36 but 1.3774 (Dec) wud hold.
Trade fm long side for this move n only below
1.3700 signals temp. top made, risks 1.3679 later.
|
| Rate: |
+1.3731+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3671 |
| Objective: |
1.3731 |
| Stop-Loss: |
Long at 1.3671 |
| Resistance: |
1.3735/1.3747/1.3774 |
| Support: |
1.3707/1.3679/1.3660 |
|
|
| INTRA-DAY USD/JPY OUTLOOK - +109.85+ |
|
| Update
Time: |
16 May 2019 13:51GMT |
INTRA-DAY USD/JPY OUTLOOK - +109.85+
Despite y'day's retreat to 109.16, subsequent
rebound to 109.68 on broad-based yen selling n
intra-day strength suggests choppy trading abv
Mon's 3-month 109.02 trough wud continue n abv 109.
77 (reaction top) wud head to 109.90/00.
Trade fm long side for 109.85 n only below 109.
16 risks re-test of 109.02 later today.
|
| Rate: |
+109.85+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 109.45 |
| Objective: |
109.85 |
| Stop-Loss: |
|
| Resistance: |
109.77/110.05/110.28 |
| Support: |
109.34/109.16/109.02 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2800+ |
|
| Update
Time: |
16 May 2019 12:40GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2800+
Cable's selloff to a 3-month trough at 1.2826
y'day, then lower today on continued Brexit con-
cerns suggests MT decline fm 2019 peak at 1.3383
wud head to 1.2800/05 after consolidation but 1.27
73 shud hold due to loss of momentum.
Trade fm short side for 1.2800 1st n only abv
1.2979 wud indicate temp. low made, risk 1.2896.
|
| Rate: |
+1.2800+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2840 |
| Objective: |
1.2800 |
| Stop-Loss: |
|
| Resistance: |
1.2879/1.2896/1.2923 |
| Support: |
1.2801/1.2773/1.2753 |
|
|
| INTRA-DAY USD/JPY OUTLOOK - +109.65+ |
|
| Update
Time: |
15 May 2019 14:31GMT |
INTRA-DAY USD/JPY OUTLOOK - +109.65+
Despite dlr's intra-day retreat on comments fm
China's Foreign Ministry n soft US retail sales
data, subsequent rebound fm 109.16 signals choppy
trading abv Mon's 3-month trough at 109.02 wud con-
tinue with upside bias, abv 109.77, 110.05.
Trade fm long side for 109.65 1st n only below
109.15 wud risk re-test of 109.02.
|
| Rate: |
+109.65+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 109.25 |
| Objective: |
109.65 |
| Stop-Loss: |
|
| Resistance: |
109.77/110.05/110.28 |
| Support: |
109.16/109.02/108.84 |
|
|
| INTRA-DAY USD/JPY OUTLOOK - +109.65+ |
|
| Update
Time: |
15 May 2019 14:31GMT |
INTRA-DAY USD/JPY OUTLOOK - +109.65+
Despite dlr's intra-day retreat on comments fm
China's Foreign Ministry n soft US retail sales
data, subsequent rebound fm 109.16 signals choppy
trading abv Mon's 3-month trough at 109.02 wud con-
tinue with upside bias, abv 109.77, 110.05.
Trade fm long side for 109.65 1st n only below
109.15 wud risk re-test of 109.02.
|
| Rate: |
+109.65+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 109.25 |
| Objective: |
109.65 |
| Stop-Loss: |
|
| Resistance: |
109.77/110.05/110.28 |
| Support: |
109.16/109.02/108.84 |
|
|
| DAILY EUR/JPY CROSS OUTLOOK - +122.90+ |
|
| Update
Time: |
15 May 2019 14:24GMT |
DAILY EUR/JPY CROSS OUTLOOK - +122.90+
Euro's rebound fm 122.55 (Mon) to 123.40 y'day
suggests 'choppy' trading abv last Thur's 4-month
trough at 122.49 wud continue, as long as 123.62
(reaction high) holds, MT erratic decline fm 127.50
(Mar) wud head to 122.15 (61.8% r fm 118.85).
Lower short entry to 123.35 for 122.60 or buy at
122.15 for 122.90. Only abv 123.62 risks 123.90/00.
|
| Rate: |
+122.90+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 122.15+ |
| Objective: |
122.90 |
| Stop-Loss: |
|
| Resistance: |
123.40/123.62/123.85 |
| Support: |
122.08/121.88/121.52 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8705+ |
|
| Update
Time: |
15 May 2019 13:21GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8705+
Euro's present break abv y'day's 7-week high at
0.8692 confirms recent upmove fm last Mon's 5-week
trough at 0.8492 has resumed n further gain to 0.87
05 wud be seen, however, 'loss of momentum' is like
ly to cap price below 0.8723 res.
Trade fm long side for this move n only below
0.8663 may risk stronger retracement to 0.8644/49.
|
| Rate: |
+0.8705+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8675 |
| Objective: |
0.8705 |
| Stop-Loss: |
|
| Resistance: |
0.8718/0.8723/0.8768 |
| Support: |
0.8663/0.8649/0.8640 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.1185+ |
|
| Update
Time: |
15 May 2019 11:35GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.1185+
Euro's decline fm Mon's 1.1265 high to 1.1201
near NY close y'day confirms recent erratic rise fm
May's 1.1135 trough has formed a top there n intra-
break of this sup wud extend weakness to 1.1185 but
reckon 1.1161/67 sup area shud hold.
Trade fm short side for 1.1185 1st n only abv
1.1246 (Reuters) may risk another rise twd 1.1265.
|
| Rate: |
+1.1185+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.1220 |
| Objective: |
1.1185 |
| Stop-Loss: |
|
| Resistance: |
1.1246/1.1265/1.1280 |
| Support: |
1.1161/1.1135/1.1112 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.6915+ |
|
| Update
Time: |
15 May 2019 09:55GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.6915+
Y'day's weakness to a 4-month trough of 0.6935
in NY morning due to risk-off trade suggests aud's
recent decline wud head to 0.6910/15 after consoli-
dation, however, loss of momentum has increased up-
side risk of a much-needed correction later today.
Intra-day break of 0.6935 has retained bearish-
ness n only abv 0.6960 confirms temp. low is made.
|
| Rate: |
+0.6915+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6955 |
| Objective: |
0.6915 |
| Stop-Loss: |
|
| Resistance: |
0.6960/0.6986/0.7019 |
| Support: |
0.6915/0.6897/0.6885 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.1205+ |
|
| Update
Time: |
14 May 2019 12:43GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.1205+
Euro's retreat fm y'day's high at 1.1265 to
1.1219 in Aust. n current break of this sup signals
upmove fm May's trough at 1.1135 has made a temp.
top there n consolidation with downside bias re-
mains, below 1.1200/04 confirms, 1.1174/78.
Trade fm short side for 1.1205 n only abv 1.1265
risks stronger correction to 1.1280/85.
|
| Rate: |
+1.1205+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.1240 |
| Objective: |
1.1205 |
| Stop-Loss: |
|
| Resistance: |
1.1265/1.1280/1.1304 |
| Support: |
1.1204/1.1174/1.1135 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2925+ |
|
| Update
Time: |
14 May 2019 07:42GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2925+
Cable's intra-day selloff fm 1.3041 in NY n then
break of last week's low at 1.2967 (Thur) to 1.2942
confirms recent fall fm May's 4-week peak at 1.3177
has once again resumed n wud head to 1.2925 after
consolidation but reckon 1.2905 may hold in Europe.
Trade fm short side for 1.2925 n only abv 1.2987
/92 signals temp. top made, rikss 1.3011/15 later.
|
| Rate: |
+1.2925+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2965 |
| Objective: |
1.2925 |
| Stop-Loss: |
|
| Resistance: |
1.2970/1.2992/1.3011 |
| Support: |
1.2925/1.2905/1.2866 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8690+ |
|
| Update
Time: |
14 May 2019 07:23GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8690+
Y'day's intra-day rally abv last week's 0.6849
high (now sup) to a 2-1/2 week top at 0.8681 in NY
suggests upmove fm May's 1-month trough at 0.8492
wud re-test Apr's 0.8683 peak, then 0.8690, o/bot
condition may cap price at 0.8700 in Europe.
Trade fm long side for 0.8690 next n only below
0.8640 risks stronger retracement twd 0.8623.
|
| Rate: |
+0.8690+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8660 |
| Objective: |
0.8690 |
| Stop-Loss: |
|
| Resistance: |
0.8723/0.8768/0.8822 |
| Support: |
0.8649/0.8640/0.8620 |
|
|
| DAILY GBP/USD OUTLOOK - +1.2945+ |
|
| Update
Time: |
13 May 2019 16:58GMT |
DAILY GBP/USD OUTLOOK - +1.2945+
Fri's retreat fm 1.3047 (NY) suggests recovery
fm 1.2967 (Thur) has possibly ended n decline fm
May's 4-week high at 1.3177 wud head to 1.2945
after consolidation, however, 'loss of momentum'
shud keep price abv 1.2905/10 n bring correction.
As 1.3041 has capped intra-day rebound, hold
short n only abv 1.3047 risks 1.3077/82 b4 down.
|
| Rate: |
+1.2945+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.3025 |
| Objective: |
1.2945 |
| Stop-Loss: |
|
| Resistance: |
1.3011/1.3047/1.3082 |
| Support: |
1.2941/1.2905/1.2866 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.8675+ |
|
| Update
Time: |
13 May 2019 16:19GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.8675+
Last week's rally fm Mon's 1-month low at 0.8492
to 0.8649 (Thur) suggests choppy trading abv Mar's
21-month trough at 0.8473 wud continue n consolida-
tion with upside bias remains for gain twds 0.8683
(Apr top) but abv needed to head to 0.8700/05.
Intra-day break of 0.8649 (Thur) has retained
bullishness n only below 0.8608 risks 0.8592/97.
|
| Rate: |
+0.8675+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8625 |
| Objective: |
0.8675 |
| Stop-Loss: |
|
| Resistance: |
0.8683/0.8723/0.8768 |
| Support: |
0.8608/0.8597/0.8581 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.8655+ |
|
| Update
Time: |
13 May 2019 14:51GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.8655+
As price has risen on Fri after pullback fm last
week's high at 0.8649 (Thur) to 0.8608, abv said
res wud extend upmove fm Mon's 1-month trough at
0.8492 to 0.8655 but break there needed to head to
0.8665/70 but res at 0.8683 shud remain intact.
Trade fm long side for 0.8655 n only below 0.86
20 risks stronger retracement twds 0.8608.
|
| Rate: |
+0.8655+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8625 |
| Objective: |
0.8655 |
| Stop-Loss: |
|
| Resistance: |
0.8655/0.8683/0.8723 |
| Support: |
0.8620/0.8608/0.8597 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +122.90+ |
|
| Update
Time: |
13 May 2019 12:19GMT |
INTRA-DAY EUR/JPY OUTLOOK - +122.90+
Fri's rebound in NY after intra-day retreat fm
123.62 to 123.04 in Asia suggests 'choppy' trading
abv Thur's 4-month trough at 122.49 wud continue,
intra-day weakness on Mon due to selloff in the
Nikkie wud head twd 122.90 but 122.75/80 wud hold.
Intra-day recovery fm 123.05 wud bring range tra
ding b4 down. Only abv 123.62 risks 123.85/90.
|
| Rate: |
+122.90+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 123.25 |
| Objective: |
122.90 |
| Stop-Loss: |
|
| Resistance: |
123.62/123.74/123.92 |
| Support: |
122.84/122.49/122.15 |
|
|
|
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| |
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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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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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