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Our Recommended Trades
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| DAILY EUR/JPY CROSS OUTLOOK - +120.89+ |
|
| Update
Time: |
18 Jul 2019 10:31GMT |
DAILY EUR/JPY CROSS OUTLOOK - +120.89+
As euro has fallen after a brief bounce fm Wed's
3-week low of 121.10 to 121.52, intra-day break of
said sup wud extend decline fm Jul's 123.35 top to
120.89, below Jun's 120.79 trough needed to retain
bearishness for further weakness to 120.50/60.
Hold short for this move n only abv 121.52 risks
stronger retracement to 121.68, then 121.80/84.
|
| Rate: |
+120.89+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 121.59 |
| Objective: |
120.89 |
| Stop-Loss: |
|
| Resistance: |
121.48/121.52/121.68 |
| Support: |
120.94/120.79/120.50 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +121.00+ |
|
| Update
Time: |
18 Jul 2019 01:10GMT |
INTRA-DAY EUR/JPY OUTLOOK - +121.00+
Euro's weakness fm 121.48 (Europe) to 121.17 in
nY y'day suggests early correction fm Tue's 3-week
low at 121.10 has ended n recent erratic fall fm
Jul's 123.35 peak wud head twd 120.96 after consoli
dastion but reckon Jun's 120.79 bottom wud hold.
Trade fm short side for 121.00 n only abv 121.52
(reaction high Tue) dampens daily bearishness.
|
| Rate: |
+121.00+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 121.40 |
| Objective: |
121.00 |
| Stop-Loss: |
|
| Resistance: |
121.48/121.52/121.68 |
| Support: |
121.10/120.96/120.79 |
|
|
| INTRA-DAY USD/CHF OUTLOOK - +0.9903+ |
|
| Update
Time: |
17 Jul 2019 10:20GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9903+
Dlr's rally fm 0.9836 in Europe to 0.9893 (NY)
y'day, then intra-day break of said res suggests
recent decline has made a temporary low at Mon's 13
-day bottom of 0.9818 n further gain to 0.9908 wud
be seen but 0.9927/32 shud cap upside.
Trade fm long side for 0.9903 n only below 0.98
54 dampens daily bullishness on dlr, risks 0.9836.
|
| Rate: |
+0.9903+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9868 |
| Objective: |
0.9903 |
| Stop-Loss: |
|
| Resistance: |
0.9908/0.9951/0.9999 |
| Support: |
0.9854/0.9836/0.9818 |
|
|
| DAILY GBP/USD OUTLOOK - +1.2390+ |
|
| Update
Time: |
17 Jul 2019 06:50GMT |
DAILY GBP/USD OUTLOOK - +1.2390+
Cable's intra-day selloff in Europe y'day due to
renewed no-deal Brexit woes n then brief break of
2019 20-month trough at 1.2412 (Jan) to 1.2396 con-
firms MT downtrend has finally resumed n wud head
to 1.2370/80 but reckon 1.2337 wud hold today.
Trade fm short side for 1.2390 n only abv 1.2481
signals temporary low is made, risks 1.2510/20.
|
| Rate: |
+1.2390+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2470 |
| Objective: |
1.2390 |
| Stop-Loss: |
|
| Resistance: |
1.2438/1.2481/1.2510 |
| Support: |
1.2396/1.2370/1.2337 |
|
|
| WEEKLY EUR/GBP CROSS OUTLOOK - +0.9030+ |
|
| Update
Time: |
16 Jul 2019 10:42GMT |
WEEKLY EUR/GBP CROSS OUTLOOK - +0.9030+
Although euro's retreat after early gain to a
near 6-month high at 0.9009 last Wed suggests MT
upmove fm 2019 21-month bottom at 0.8473 (Mar) has
made a temp. top, as long as 0.8921 sup holds, one
more rise to 0.9030 is likely b4 correction occurs
due to 'loss of upward momentum'.
Trade fm long side side for 0.9030 after consoli
dation n only a daily close below 0.8921 risks
stronger retracement to 0.8890/00 b4 rebound.
|
| Rate: |
+0.9030+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.8930 |
| Objective: |
0.9030 |
| Stop-Loss: |
|
| Resistance: |
0.9036/0.9062/0.9088 |
| Support: |
0.8955/0.8921/0.8873 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +121.20+ |
|
| Update
Time: |
16 Jul 2019 09:59GMT |
INTRA-DAY EUR/JPY OUTLOOK - +121.20+
Despite euro's recovery fm y'day's 121.43 low to
121.68 at European open today, subsequent fall n
then break of Jul's 121.32 low suggests recent dec
line fm Jul's 5-week peak at 123.35 has resumed n
wud head to 121.20, then 120.96 later.
Trade fm short side for this move n only abv
121.68 wud risk retrace. twds 121.80/84.
|
| Rate: |
+121.20+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 121.60 |
| Objective: |
121.20 |
| Stop-Loss: |
|
| Resistance: |
121.68/121.84/121.92 |
| Support: |
121.20/120.96/120.79 |
|
|
| INTRA-DAY EUR/CHF OUTLOOK - +1.1065+ |
|
| Update
Time: |
16 Jul 2019 08:23GMT |
INTRA-DAY EUR/CHF OUTLOOK - +1.1065+
Although price has recovered after y'day's break
of Fri's low at 1.1073 to 1.1066 n minor consolida-
tion wud be seen, as said move suggests a re-test
of Jun's 22-month trough at 1.1057 wud be seen,
downside bias remains.
Trade fm short side for 1.1065 1st n only abv
1.1106/09 (prev. sup) risks gain to 1.1125/30 later
|
| Rate: |
+1.1065+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.1095 |
| Objective: |
1.1065 |
| Stop-Loss: |
|
| Resistance: |
1.1106/1.1158/1.1172 |
| Support: |
1.1066/1.1057/1.1040 |
|
|
| DAILY USD/CHF OUTLOOK - +0.9820+ |
|
| Update
Time: |
15 Jul 2019 11:13GMT |
DAILY USD/CHF OUTLOOK - +0.9820+
Dlr's fall fm 0.9908 (Asia) on Fri n then break
of Thur's 0.9848 low to 0.9837 due to active sell-
ing in eur/chf cross suggests upmove fm 2019 bottom
0.9695 (Jun) has made a top at 0.9951 on Tue n fur-
ther weakness to 0.9810/20 is envisaged.
Trade fm short side but 0.9793 (61.8% r) shud
hold. Only abv 0.9888 risks 0.9905/08 b4 down.
|
| Rate: |
+0.9820+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9890 |
| Objective: |
0.9820 |
| Stop-Loss: |
|
| Resistance: |
0.9873/0.9888/0.9908 |
| Support: |
0.9835/0.9814/0.9764 |
|
|
| DAILY NZD/USD OUTLOOK - +0.6735+ |
|
| Update
Time: |
15 Jul 2019 11:10GMT |
DAILY NZD/USD OUTLOOK - +0.6735+
Nzd's rally fm 0.6567 (Wed) to 0.6697 on Fri sug
gests pullback fm Jul's 2-month high at 0.6737 has
possibly ended n re-test of said res is envisaged.
Trade fm long side for 0.6735 n only below 0.66
57/60 'prolongs' choppy trading, risks 0.6635/40.
|
| Rate: |
+0.6735+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6665 |
| Objective: |
0.6735 |
| Stop-Loss: |
Long at 0.6665 |
| Resistance: |
0.6737/0.6761/0.6783 |
| Support: |
0.6697/0.6657/0.6635 |
|
|
| INTRA-DAY USD/CHF OUTLOOK - +0.9830+ |
|
| Update
Time: |
15 Jul 2019 07:00GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9830+
Fri's break of Thur's o.9848 low to 0.9837 due
to active cross-buying of the Swiss franc confirms
decline fm Tue's 2-1/2 week high at 0.9951 to cor-
rect early upmove fm Jun's 8-month trough at 0.9695
has resumed n wud head twd 0.9814 b4 recovery.
Hold short for 0.9830 next n only abv 0.9871/73
signals temp. low is made, risks 0.9883/88 b4 down.
|
| Rate: |
+0.9830+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9870 |
| Objective: |
0.9830 |
| Stop-Loss: |
|
| Resistance: |
0.9854/0.9873/0.9888 |
| Support: |
0.9835/0.9814/0.9795 |
|
|
| DAILY AUD/USD OUTLOOK - +0.7020+ |
|
| Update
Time: |
13 Jul 2019 02:42GMT |
DAILY AUD/USD OUTLOOK - +0.7020+
Despite A$'s selloff fm Jul's 0.7048 top to 0.69
11 (Wed), subsequent rally to 0.6988 y'day, then
0.7009 (Europe) today suggests correction is over n
upside bias is seen for gain to 0.7020 but abv 0.70
29 needed for re-test 0.7048 next week.
Trade fm long side n only below 0.6968/69 may
risk stronger retracement twd 0.6955 b4 rebound.
|
| Rate: |
+0.7020+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6950 |
| Objective: |
0.7020 |
| Stop-Loss: |
|
| Resistance: |
0.7029/0.7048/0.7080 |
| Support: |
0.6983/0.6955/0.6938 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.7023+ |
|
| Update
Time: |
13 Jul 2019 02:36GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.7023+
Aud's current break abv European high at 0.7009
strongly suggests correction fm Jul's peak at 0.70
48 has ended at 0.6911 Tue n consolidation with up-
side bias remains, abv 0.7029 wud confirm this view
n yield re-test of said res.
Trade fm long side for 0.7023 1st n only below
0.6971 risks stronger retracement twd 0.6955.
|
| Rate: |
+0.7023+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.6988 |
| Objective: |
0.7023 |
| Stop-Loss: |
|
| Resistance: |
0.7029/0.7048/0.7069 |
| Support: |
0.6971/0.6955/0.6928 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2570+ |
|
| Update
Time: |
13 Jul 2019 02:35GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2570+
Despite y'day's retreat fm 1.2571 to 1.2510,
intra-day strg rebound suggests the pullback is
over n upmove fm Tue's fresh 6-month trough at 1.24
39 wud resume after consolidation n extend twds
1.2591 b4 prospect of correction.
Trade fm long side for this move n only below
1.2510 wud risk weakness to 1.2481.
|
| Rate: |
+1.2570+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2530 |
| Objective: |
1.2570 |
| Stop-Loss: |
|
| Resistance: |
1.2571/1.2591/1.2600 |
| Support: |
1.2510/1.2481/1.2445 |
|
|
| INTRA-DAY USD/JPY OUTLOOK - +107.93+ |
|
| Update
Time: |
13 Jul 2019 02:34GMT |
INTRA-DAY USD/JPY OUTLOOK - +107.93+
Intra-day selloff fm Asian high at 108.61 sug-
gests recovery fm y'day's 107.86 low has ended
there n decline fm Wed's 1-month peak at 108.99 wud
resume after consolidation, below 107.86 wud extend
to 107.50/54 b4 prospect of rebound.
Trade fm short side for 107.93 next n only abv
108.52 signals pullback possibly over, 108.80.
|
| Rate: |
+107.93+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 108.33 |
| Objective: |
107.93 |
| Stop-Loss: |
|
| Resistance: |
108.36/108.61/108.80 |
| Support: |
107.86/107.54/107.21 |
|
|
| INTRA-DAY USD/CHF OUTLOOK - +0.9865+ |
|
| Update
Time: |
12 Jul 2019 08:01GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9865+
Dlr's intra-day rally fm 0.9848 to 0.9905 in NY
y'day due to upbeat U.S. inflation data n rising
yields suggests decline fm Tue's 2-1/2 week peak at
0.9951 has made a low n range trading is in store,
present retreat fm 0.9908 may head back to 0.9865.
Trade fm short side for this move but 0.9848 wud
hold n only abv 0.9910/15 risk 0.9927/32 b4 down.
|
| Rate: |
+0.9865+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9900 |
| Objective: |
0.9865 |
| Stop-Loss: |
|
| Resistance: |
0.9908/0.9932/0.9941 |
| Support: |
0.9848/0.9835/0.9814 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2540+ |
|
| Update
Time: |
11 Jul 2019 07:43GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2540+
Cable's rally to 1.2521 in NY morning Wed after
dovish Fed Powell's testimony, then gain to 1.2538
in Asia suggests recent decline has made a low at
Tue's 6-month trough at 1.2439 n gain to 1.2540 is
seen, reckon 1.2557/61 may hold in Europe.
Trade fm long side for this move n only below
1.2500 risks stronger retrace. to 1.2485/90 b4 up.
|
| Rate: |
+1.2540+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2500 |
| Objective: |
1.2540 |
| Stop-Loss: |
|
| Resistance: |
1.2540/1.2557/1.2591 |
| Support: |
1.2500/1.2491/1.2463 |
|
|
| DAILY USD/JPY OUTLOOK - +108.00+ |
|
| Update
Time: |
11 Jul 2019 02:25GMT |
DAILY USD/JPY OUTLOOK - +108.00+
Despite dlr's resumption of recent rise fm Jun's
5-1/2 month bottom at 106.79 to a 1-month high of
108.99 y'day, intra-day selloff to 108.36 after dov
ish J. Powell's testimony suggests top has been
made n wud head to 108.00 but 107.71 shud hold.
Trade fm short side n only abv 108.99 risks mar-
ginal gain to 109.18/28 b4 prospect of correction.
|
| Rate: |
+108.00+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 108.70 |
| Objective: |
108.00 |
| Stop-Loss: |
|
| Resistance: |
108.47/108.63/108.99 |
| Support: |
107.88/107.64/107.54 |
|
|
| DAILY AUD/USD OUTLOOK - +0.6911+ |
|
| Update
Time: |
10 Jul 2019 07:58GMT |
DAILY AUD/USD OUTLOOK - +0.6911+
Tue's anticipated decline fm last Thur's near 2-
month peak at 0.7048 n intra-day break of 0.6956/58
to 0.6920 signals correction fm Jun's 5-1/2 month
trough at 0.6832 has possibly ended n weakness twd
0.6904 is seen but reckon 0.6886/90 shud hold.
Trade fm short side for 0.6911 n only a daily
close abv 0.6956 risks stronger recovery twd 0.6994
|
| Rate: |
+0.6911+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6981 |
| Objective: |
0.6911 |
| Stop-Loss: |
|
| Resistance: |
0.6856/0.6994/0.7015 |
| Support: |
0.6919/0.6904/0.6886 |
|
|
| DAILY NZD/USD OUTLOOK - +0.6571+ |
|
| Update
Time: |
10 Jul 2019 03:23GMT |
DAILY NZD/USD OUTLOOK - +0.6571+
Fri's selloff to 0.6603 after robust US NFP con-
firms rise fm Jun's 6-month low at 0.6482 has made
a top at 0.6737 (Mon) n wud head to 0.6575, 0.6555.
Y'day's brief break of 0.6603 has retained bear-
ishness n only abv 0.6657 risks 0.6670/80 b4 down.
|
| Rate: |
+0.6571+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6641 |
| Objective: |
0.6571 |
| Stop-Loss: |
Short at 0.6641 |
| Resistance: |
0.6631/0.6653/0.6694 |
| Support: |
0.6601/0.6590/0.6555 |
|
|
| DAILY USD/CAD OUTLOOK - +1.3138+ |
|
| Update
Time: |
09 Jul 2019 23:26GMT |
DAILY USD/CAD OUTLOOK - +1.3138+
Usd's rise fm Thur's 8-mth low at 1.3038 to 1.31
36 Fri signals temp. bottom is made n y'day's re-
bound fm 1.3050 has retained bullishness.
Trade fm long side as abv 1.3136 yields retrace.
to 1.3151. Only below 1.3050 risks 1.3038.
|
| Rate: |
+1.3138+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3078 |
| Objective: |
1.3138 |
| Stop-Loss: |
Long at 1.3078 |
| Resistance: |
1.3136/1.3151/1.3208 |
| Support: |
1.3080/1.3050/1.3038 |
|
|
| DAILY GBP/USD OUTLOOK - +1.2450+ |
|
| Update
Time: |
09 Jul 2019 11:38GMT |
DAILY GBP/USD OUTLOOK - +1.2450+
Cable's break of Jun's 1.2507 low to a 6-month
trough of 1.2482 after robust U.S. NFP Fri suggests
MT fall fm 2019 peak at 1.3383 (Mar) wud head twd
1.2449 after consolidation, 'loss of momentum' shud
keep price abv 2019 bottom at 1.2412 (Jan).
As 1.2540 has capped recovery y'day, hold short
n only abv 1.2557/60 may risk 1.2587/91 b4 down.
|
| Rate: |
+1.2450+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2525 |
| Objective: |
1.2450 |
| Stop-Loss: |
|
| Resistance: |
1.2481/1.2500/1.2540 |
| Support: |
1.2449/1.2412/1.2365 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2456+ |
|
| Update
Time: |
09 Jul 2019 10:34GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2456+
Cable's intra-day fall n current break of Jun's
6-month trough at 1.2481 suggests MT decline has
once again resumed n further weakness to 1.2456,
then 1.2449 wud be seen b4 prospect of correction
due to 'loss of downward momentum'.
Trade fm short side for this move n only abv
1.2523 wud indicate temp. low made, 1.2540.
|
| Rate: |
+1.2456+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2491 |
| Objective: |
1.2456 |
| Stop-Loss: |
|
| Resistance: |
1.2523/1.2540/1.2557 |
| Support: |
1.2449/1.2412/1.2396 |
|
|
| SPOT SPOT GOLD DAILY OUTLOOK - +1388.00+ |
|
| Update
Time: |
09 Jul 2019 08:55GMT |
SPOT SPOT GOLD DAILY OUTLOOK - +1388.00+
Despite gold's rally fm last week's low at 1382.
20 to as high as 1437.50 (Wed), subsequent selloff
back to 1387.30 in NY Fri due to usd's rally after
robust U.S. jobs data suggests choppy sideways trad
ing below Jun's 6-year peak at 1439.40 wud continue
with downside bias but reckon 1282.20 would hold.
Trade fm short side for 1388.00 1st n only abv
1411/12 would risk stronger gain to 1420/21 b4 pros
pect of another fall later this week.
|
| Rate: |
+1388.00+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1403.00 |
| Objective: |
1388.00 |
| Stop-Loss: |
Short at 1403.00 |
| Resistance: |
1410.70/1423.90/1437.50 |
| Support: |
1387.30/1382.20/1377.60 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.6945+ |
|
| Update
Time: |
09 Jul 2019 07:57GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.6945+
Y'day's retreat fm 0.6994 (Europe) to 0.6967 in
nY suggests correction fm Fri's post-NFP NY low at
0.6958 has ended n re-test of Jul's 0.6956 bottom
is envisaged, break wud extend recent fall fm Jul's
0.7048 peak at 0.7048 twd 0.6942 later.
Intra-day break of 0.6956/58 after soft AU data
wud head twd 0.69842. Only abv 0.6994 risks 0.7015.
|
| Rate: |
+0.6945+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6985 |
| Objective: |
0.6945 |
| Stop-Loss: |
|
| Resistance: |
0.6975/0.6994/0.7015 |
| Support: |
0.6942/0.6921/0.6904 |
|
|
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| |
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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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