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Our Recommended Trades
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| INTRA-DAY GBP/USD OUTLOOK - +1.2750+ |
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| Update
Time: |
24 Sep 2020 08:52GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2750+
Although cable's decline in NY fm 1.2776 to 1.27
08, then 1.2692 ahead of European open today sug-
gests correction fm Wed's 8-week bottom at 1.2676
has ended, intra-day rebound wud bring further side
ways swings b4 prospect of one more fall 'later'.
For st trade, hold long for 1.2750 n sell at
1.2760 for day trade. Below 1.2692, 1.2676 again.
|
| Rate: |
+1.2750+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2710 |
| Objective: |
1.2750 |
| Stop-Loss: |
|
| Resistance: |
1.2776/1.2803/1.2830 |
| Support: |
1.2692/1.2676/1.2649 |
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| INTRA-DAY EUR/JPY OUTLOOK - +122.72+ |
|
| Update
Time: |
24 Sep 2020 06:47GMT |
INTRA-DAY EUR/JPY OUTLOOK - +122.72+
Although y'day's bounce fm 122.59 to 123.19 (NY)
suggests further choppy trading abv Mon's near 2-
month 122.53 low wud continue, intra-day retreat
signals downside bias remains n re-test of said sup
wud be seen after consolidation.
Hold short for 122.65 1st n only abv 123.19 'pro
longs' sideways swings, risks 123.35/40.
|
| Rate: |
+122.72+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 123.05 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
123.19/123.44/123.68 |
| Support: |
122.59/122.53/122.15 |
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|
| WEEKLY NZD/USD OUTLOOK - +0.6525+ |
|
| Update
Time: |
24 Sep 2020 06:41GMT |
WEEKLY NZD/USD OUTLOOK - +0.6525+
Nzd's selloff fm Fri's 17-mth peak signals MT
rise fm 0.5469 (mar) has made a temp. top n stron-
ger retrace. to 0.6525 is seen but 0.6489 wud hold.
Turn short on recovery to 0.6675 for this move n
only abv 0.6700 may risk gain to 0.6745/55 b4 down.
|
| Rate: |
+0.6525+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.6675+ |
| Objective: |
0.6525 |
| Stop-Loss: |
+Short at 0.6675+ |
| Resistance: |
0.6677/0.6755/0.6798 |
| Support: |
0.6489/0.6450/0.6386 |
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|
| WEEKLY AUD/USD OUTLOOK - +0.7080+ |
|
| Update
Time: |
24 Sep 2020 06:34GMT |
WEEKLY AUD/USD OUTLOOK - +0.7080+
A$'s intra-day brief break of prev. Sep's 0.7192
low after y'day's selloff on safe-haven usd buying
due to global stock weakness signals the decline fm
Sep's 2-year peak at 0.7413 has once again resumed
to retrace MT rise fm Mar's 17-year trough of 0.55
09 n wud head to 0.7080 b4 prospect of rebound.
Turn short on recovery to 0.7230 for this move
as only daily close abv 0.7283 signals temp. low is
made n mat head back twd 0.7345 next week.
|
| Rate: |
+0.7080+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.7230+ |
| Objective: |
0.7080 |
| Stop-Loss: |
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| Resistance: |
0.7254/0.7345/0.7413 |
| Support: |
0.7064/0.7038/0.6964 |
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|
| DAILY AUD/JPY CROSS OUTLOOK - +74.20+ |
|
| Update
Time: |
24 Sep 2020 05:04GMT |
DAILY AUD/JPY CROSS OUTLOOK - +74.20+
Intra-day fall below y'day's 74.50 low signals
decline fm Aug's 15-month peak at 78.45 wud head to
73.99/00 b4 prospect of a correction later.
Trade fm short side for 74.20 next n only abv 75
.10/20 indicates low made, risks 75.38, 75.70/80.
|
| Rate: |
+74.20+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 74.90 |
| Objective: |
74.20 |
| Stop-Loss: |
Short at 74.90 |
| Resistance: |
74.93/75.12/75.38 |
| Support: |
73.99/73.62/73.21 |
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|
| DAILY GBP/USD OUTLOOK - +1.2695+ |
|
| Update
Time: |
24 Sep 2020 05:02GMT |
DAILY GBP/USD OUTLOOK - +1.2695+
Cable's intra-day retreat fm 1.2776 to 1.2708 in
NY after rebound fm Wed's 8-week trough at 1.2676
suggests decline fm Sep's 8-month peak at 1.3482
wud pressure price twd next obj. at 1.2644 after
consolidation, reckon 1.2610 wud hold today.
Trade fm short side for 1.2695 1st n only abv
1.2776 risks stronger retracement to 1.2800/05.
|
| Rate: |
+1.2695+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2775 |
| Objective: |
1.2695 |
| Stop-Loss: |
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| Resistance: |
1.2738/1.2776/1.2803 |
| Support: |
1.2676/1.2644/1.2610 |
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|
| SPOT SILVER DAILY OUTLOOK - +$ 22.65+ |
|
| Update
Time: |
23 Sep 2020 23:14GMT |
SPOT SILVER DAILY OUTLOOK - +$ 22.65+
Intra-day break of 23.45 signals decline fm Aug's
29.86 peak has once again resumed n wud head to 22.
50/55 after consolidation but 22.30 may hold.
Sell on pullback to 23.30 for 22.65 1st n only
abv 23.74 suggests temp. low made, risks 23.96/00.
|
| Rate: |
+$ 22.65+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 23.30+ |
| Objective: |
22.65 |
| Stop-Loss: |
+Short at 23.30+ |
| Resistance: |
23.74/23.96/24.47 |
| Support: |
22.93/22.50/22.30 |
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|
| INTRA-DAY GBP/USD OUTLOOK - +1.2722+ |
|
| Update
Time: |
23 Sep 2020 22:58GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2722+
Despite y'day's strg rebound fm European 8-week
trough at 1.2676 to 1.2776 in NY, subsequent re-
treat suggests the recovery is over n consolidation
with downside bias remains for a re-test of said
sup, however, 1.2649 shud remain intact.
Trade fm short side for 1.2722 1st but 1.2709/11
wud hold. Abv 1.2780 may risk 1.2800/10.
|
| Rate: |
+1.2722+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2762 |
| Objective: |
1.2722 |
| Stop-Loss: |
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| Resistance: |
1.2776/1.2803/1.2823 |
| Support: |
1.2708/1.2676/1.2649 |
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|
| DAILY NZD/USD OUTLOOK - +0.6573+ |
|
| Update
Time: |
23 Sep 2020 15:00GMT |
DAILY NZD/USD OUTLOOK - +0.6573+
Nzd's selloff fm Fri's 17-month peak at 0.6798
to a near 4-week 0.6598 low today signals MT rise
has made a top n weakness twd 0.6555 is envisaged.
As kiwi has fallen after brief jump to 0.6649 in
post-RBNZ, hold short. Only abv 0.6649 risks 0.6687
|
| Rate: |
+0.6573+ |
| Strategy: |
+Exit short+ |
| Position: |
Short at 0.6635 |
| Objective: |
|
| Stop-Loss: |
Short at 0.6635 |
| Resistance: |
0.6649/0.6677/0.6687 |
| Support: |
0.6564/0.6528/0.6504 |
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|
| DAILY USD/CAD OUTLOOK - +1.3365+ |
|
| Update
Time: |
23 Sep 2020 14:24GMT |
DAILY USD/CAD OUTLOOK - +1.3365+
Usd's retreat after rising to a 5-week 1.3356 top
at 1.3356 today wud bring range trading in NY b4 up
move fm Sep's 1.2994 heads to 1.3365/70 later.
Trade fm long side as only below 1.3284 (NY low
Tue) signals temp. peak is made n risks 1.3259/62.
|
| Rate: |
+1.3365+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3300 |
| Objective: |
1.3365 |
| Stop-Loss: |
Long at 1.3300 |
| Resistance: |
1.3398/1.3422/1.3460 |
| Support: |
1.3315/1.3284/1.3259 |
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|
| INTRA-DAY GBP/USD OUTLOOK - +1.2755+ |
|
| Update
Time: |
23 Sep 2020 13:01GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2755+
Despite cable's resumption of recent decline to
an 8-week trough of 1.2676 in 'hectic' European tra
ding, intra-day strong bounce on short-covering as
well as broad-based usd's retreat suggests temp.
low is made n choppy swings are in store in NY.
Trade fm long side for 1.2755 but 1.2785/90 shud
cap upside. Only below 1.2700/05 risks 1.2676.
|
| Rate: |
+1.2755+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2715 |
| Objective: |
1.2755 |
| Stop-Loss: |
|
| Resistance: |
1.2756/1.2776/1.2803 |
| Support: |
1.2709/1.2676/1.2649 |
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|
| INTRA-DAY EUR/USD OUTLOOK - +1.1715+ |
|
| Update
Time: |
23 Sep 2020 09:14GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.1715+
Despite euro's intra-day 'cable-led' brief break
of Asian 7-week low of 1.1676 to 1.1673 in Europe,
present rebound suggests temp. bottom is possibly
in place n consolidation with upside bias is seen
for a much-needed recovery twd 1.1716 b4 down.
For st trade, hold long for 1.1715 n sell there
for day trade. Only below 1.1665/70 risks 1.1650.
|
| Rate: |
+1.1715+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.1680 |
| Objective: |
1.1715 |
| Stop-Loss: |
|
| Resistance: |
1.1716/1.1731/1.1774 |
| Support: |
1.1673/1.1650/1.1601 |
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|
| WEEKLY GBP/USD OUTLOOK - +1.2708+ |
|
| Update
Time: |
23 Sep 2020 06:37GMT |
WEEKLY GBP/USD OUTLOOK - +1.2708+
Y'day's selloff fm 1.2966 to 1.2776 due partly
to usd's strength n renewed U.K. Covid-19 fear sug-
gests correction fm 1.2763 has ended last week at
1.3008 n decline fm Sep's 8-month peak at 1.3482
wud pressure price to 1.2680, loss of momentum wud
limit weakness to projected sup at 1.2545/50.
Turn short on recovery for 1.2680 after consoli-
dation n exit on subsequent fall. Only daily close
abv 1.2866 risks stronger retracement to 1.2966.
|
| Rate: |
+1.2708+ |
| Strategy: |
+Exit short+ |
| Position: |
+Short at 1.2830+ |
| Objective: |
|
| Stop-Loss: |
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| Resistance: |
1.2867/1.2966/1.3008 |
| Support: |
1.2674/1.2564/1.2480 |
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|
| INTRA-DAY GBP/USD OUTLOOK - +1.2695+ |
|
| Update
Time: |
23 Sep 2020 06:09GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2695+
Cable's rebound after y'day's resumption of dec-
line fm Sep's 8-month peak at 1.3482 to an 8-week
trough at 1.2711 suggests range trading wud be seen
b4 price heads to 1.2670/80, however, 1.2649 shud
contain downside due to loss of momentum.
Trade fm short side for 1.2695 1st n only abv
1.2776 wud risk stronger gain to 1.2824.
|
| Rate: |
+1.2695+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.2735 |
| Objective: |
1.2695 |
| Stop-Loss: |
|
| Resistance: |
1.2776/1.2824/1.2867 |
| Support: |
1.2711/1.2674/1.2649 |
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|
| SPOT GOLD DAILY OUTLOOK - +1887.00+ |
|
| Update
Time: |
23 Sep 2020 04:56GMT |
SPOT GOLD DAILY OUTLOOK - +1887.00+
Although gold's rise fm 1894.90 y'day suggests
choppy trading abv Mon's 1-month bottom at 1883.20
would continue, subsequent weakness fm 1917.20
after failure to penetrate Asian 1919.90 high has
retained bearishness n below 1894.90 would bring
re-test of 1883.20, break, 1864.30 later.
Trade fm short side for 1887.00 1st n exit on
next fall. Only abv 1919.90 would risk stronger
gain to 1928/1930 b4 prospect of retreat.
|
| Rate: |
+1887.00+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1912.00 |
| Objective: |
1887.00 |
| Stop-Loss: |
|
| Resistance: |
1919.90/1929.00/1934.20 |
| Support: |
1883.20/1864.30/1850.00 |
|
|
| DAILY USD/CHF OUTLOOK - +0.9205+ |
|
| Update
Time: |
22 Sep 2020 17:01GMT |
DAILY USD/CHF OUTLOOK - +0.9205+
Y'day's rally fm 0.9088 to 0.9170 on usd's broad
-based strength suggests price wud continue to
'gyrate' inside recent 0.9200-0.9050 range with up-
side bias n gain to upper indicated lvl is seen,
break wud extend upmove fm 0.8999 (Sep) to 0.9240.
As price has risen after retreat fm 0.9173 to 0.
9137, bullishness is retained. Below 0.9117, 0.9088
|
| Rate: |
+0.9205+ |
| Strategy: |
+Exit long+ |
| Position: |
Long at 0.9140 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
0.9208/0.9219/0.9240 |
| Support: |
0.9173/0.9137/0.9117 |
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|
| INTRA-DAY USD/CHF OUTLOOK - 0.9207 |
|
| Update
Time: |
22 Sep 2020 16:58GMT |
INTRA-DAY USD/CHF OUTLOOK - 0.9207
Dlr's intra-day break of prev. Sep's high at
0.9200 suggests upmove fm Sep's 5-1/2 year bottom
at 0.8999 has resume n marginal gain wud be seen
after consolidation, however, loss of upward momen-
tum shud cap price below 0.9240 today.
Exit prev. long n only below 0.9170/73 indicates
temporary top made, 0.9137/40 later.
|
| Rate: |
0.9207 |
| Strategy: |
Exit long |
| Position: |
Long at 0.9169 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
0.9240/0.9260/0.9287 |
| Support: |
0.9137/0.9117/0.9076 |
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| DAILY EUR/USD OUTLOOK - +1.1695+ |
|
| Update
Time: |
22 Sep 2020 15:07GMT |
DAILY EUR/USD OUTLOOK - +1.1695+
Euro's selloff y'day fm 1.1871 on safe-haven usd
buying n then break of last week's 1.1738 trough to
1.1721 suggests erratic fall fm Sep's 2-year peak
at 1.2011 wud head to 1.1695, 'loss of momentum'
shud keep price abv 1.1650/60.
As 1.1767 has capped recovery, hold short as
only abv 1.1774 may risk 1.1795/00, break, 1.1827.
|
| Rate: |
+1.1695+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.1765 |
| Objective: |
1.1695 |
| Stop-Loss: |
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| Resistance: |
1.1774/1.1797/1.1827 |
| Support: |
1.1705/1.1697/1.1650 |
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| INTRA-DAY AUD/USD OUTLOOK - +0.7180+ |
|
| Update
Time: |
22 Sep 2020 14:50GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.7180+
As aud has fallen after rebound fm Asian near 4-
week trough of 0.6178 to 0.7234 in Europe, consoli-
dation is seen for downside bias but below 0.7178
is needed to extend recent decline to 0.7150/60
later today or tom due to 'loss of momentum'.
Trade fm short side for 0.7180 as only abv res
at 0.7234/36 risks stronger gain to 0.7250/54.
|
| Rate: |
+0.7180+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.7220 |
| Objective: |
0.7180 |
| Stop-Loss: |
|
| Resistance: |
0.7236/0.7254/0.7283 |
| Support: |
0.7178/0.7150/0.7109 |
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| INTRA-DAY EUR/USD OUTLOOK - +1.1705+ |
|
| Update
Time: |
22 Sep 2020 14:47GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.1705+
Despite euro's rebound fm European fresh 1-month
trough of 1.1721 to 1.1767 on short covering, pre-
sent fall in NY has retained daily bearishness for
resumption of recent decline to 1.1705, loss of
momentum wud limit weakness to 1.1690/95.
Trade fm short side for this move as only abv
1.1767/74 res risks stronger gain to 1.1795/00.
|
| Rate: |
+1.1705+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.1745 |
| Objective: |
1.1705 |
| Stop-Loss: |
|
| Resistance: |
1.1774/1.1797/1.1827 |
| Support: |
1.1697/1.1683/1.1658 |
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|
| INTRA-DAY GBP/USD OUTLOOK - +1.2865+ |
|
| Update
Time: |
22 Sep 2020 10:51GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2865+
As cable has risen after intra-day retreat fm
1.2838 to 1.2781 in Europe, suggesting decline fm
Sep's 8-1/2 month 1.3482 peak has made a temp. low
at 1.2714 today n stronger retrace. to 1.2866/71
wud be seen after consolidation.
Venture buying for 1.2865 n only below 1.2776
signals recovery possibly over, 1.3740/45.
|
| Rate: |
+1.2865+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.2825+ |
| Objective: |
1.2865 |
| Stop-Loss: |
|
| Resistance: |
1.2871/1.2914/1.2966 |
| Support: |
1.2776/1.2714/1.2674 |
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|
| DAILY NZD/USD OUTLOOK - +0.6660+ |
|
| Update
Time: |
21 Sep 2020 14:22GMT |
DAILY NZD/USD OUTLOOK - +0.6660+
Nzd's intra-day selloff fm 0.6777 confirms MT
uptrend has made a top at Fri's 17-month peak at
0.6798 n price is en route twds 0.6602 (Sep low).
Hold short for 0.6655/60 1st n only abv 0.6705/
10 may risk stronger recovery twd 0.6738 b4 'down'.
|
| Rate: |
+0.6660+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.6735 |
| Objective: |
0.6660 |
| Stop-Loss: |
Short at 0.6735 |
| Resistance: |
0.6703/0.6738/0.6755 |
| Support: |
0.6640/0.6602/0.6575 |
|
|
| DAILY USD/CAD OUTLOOK - +1.3290+ |
|
| Update
Time: |
21 Sep 2020 14:17GMT |
DAILY USD/CAD OUTLOOK - +1.3290+
Usd's present break of prev. Sep's 1.3259 top to
1.3265 in NY on rally in the greenback signals rise
fm Sep's nr 8-mth low at 1.2994 wud head twd 1.3300
Trade fm long side for 1.3290 n only below 1.32
12 indicates temp. high, risks 1.3172/75 later.
|
| Rate: |
+1.3290+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3220 |
| Objective: |
1.3290 |
| Stop-Loss: |
Long at 1.3220 |
| Resistance: |
1.3300/1.3331/1.3361 |
| Support: |
1.3247/1.3212/1.3172 |
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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
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.
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