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INTRA-DAY GBP/USD OUTLOOK - +1.3645+
Update Time: 22 Jan 2021 13:17GMT
INTRA-DAY GBP/USD OUTLOOK - +1.3645+

Cable's intra-day fall to 1.3652 in Europe on
risk-averse buying in usd n poor UK PMIs signals
MT upmove has made a temp. top at y'day's 2-1/2
year peak at 1.3746 n current rebound wud yield con
solidation b4 prospect of another decline.

Trade fm short side for 1.3645 1st n only abv
1.3704 wud risk gain to 1.3746 again.


   Rate: +1.3645+
   Strategy: +Target met+
   Position: Short at 1.3685
   Objective: 1.3645
   Stop-Loss:
   Resistance: 1.3704/1.3746/1.3775
   Support: 1.3652/1.3623/1.3607
INTRA-DAY EUR/USD OUTLOOK - +1.2165+
Update Time: 21 Jan 2021 13:28GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2165+

Despite y'day's selloff fm 1.2157 to as low as
1.2077 in NY, intra-day rebound to 1.2151 suggests
choppy trading abv Mon's 6-week bottom at 1.2055
wud continue with upside bias n abv 1.2157 wud
bring stronger retrace. to 1.2178/80.

Trade fm long side for 1.2165 but 1.2195/00 wud
hold ahead of ECB decision. Below 1.2116, 1.2100.


   Rate: +1.2165+
   Strategy: +Target met+
   Position: Long at 1.2125
   Objective: 1.2165
   Stop-Loss:
   Resistance: 1.2178/1.2222/1.2246
   Support: 1.2116/1.2100/1.2077
INTRA-DAY EUR/JPY OUTLOOK - +125.80+
Update Time: 21 Jan 2021 13:27GMT
INTRA-DAY EUR/JPY OUTLOOK - +125.80+

Intra-day rebound fm y'day's 125.28 low to 125.
63 in Asia after BoJ's unchanged rate decision sug
gests choppy trading abv Mon's 6-week trough of 125
.09 wud continue n present bounce fm 125.38 has
retained bullish view for 125.80/85 b4 down.

For st trade, hold long for 125.80 n sell there
for day trade. Below 125.28/31 risks 125.09/14.


   Rate: +125.80+
   Strategy: +Target met+
   Position: Long at 125.45
   Objective: 125.80
   Stop-Loss:
   Resistance: 125.86/126.21/126.52
   Support: 125.28/125.09/124.67
INTRA-DAY USD/CHF OUTLOOK - +0.8855+
Update Time: 21 Jan 2021 13:24GMT
INTRA-DAY USD/CHF OUTLOOK - +0.8855+

Dlr's intra-day fall n break of Tue's low at
0.8865 signals recent upmove has made a temp. top
at Mon's 6-week peak at 0.8925 n downside bias
remains for retrace. to 0.8850 but sup 0.8821/23
wud remain intact n yield rebound.

Trade fm short side for 0.8855 n only abv 0.8896
/00 wud risk re-test of 0.8925.


   Rate: +0.8855+
   Strategy: +Target met+
   Position: Short at 0.8890
   Objective: 0.8855
   Stop-Loss:
   Resistance: 0.8896/0.8920/0.8925
   Support: 0.8850/0.8821/0.8800
INTRA-DAY GBP/USD OUTLOOK - +1.3637+
Update Time: 20 Jan 2021 15:00GMT
INTRA-DAY GBP/USD OUTLOOK - +1.3637+

Despite intra-day brief break of last Thur's 2-
1/2 year peak at 1.3712 to 1.3720 (Reuters), subse-
quent sharp retreat suggests a temp. top has pos-
sibly been made n downside bias remains for stron-
ger retrace. to 1.3656, then 1.3637.

Trade fm short side for this move n only abv
1.3720 wud risk one more rise to 1.3732/35.


   Rate: +1.3637+
   Strategy: +Target met+
   Position: Short at 1.3677
   Objective: 1.3637
   Stop-Loss:
   Resistance: 1.3720/1.3732/1.3750
   Support: 1.3656/1.3637/1.3604
INTRA-DAY EUR/USD OUTLOOK - +1.2081+
Update Time: 20 Jan 2021 14:53GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2081+

Despite euro's intra-day break abv y'day's high
at 1.2144 to 1.2157 ahead of European open, subse-
quent sharp retreat suggests recovery fm Mon's 6-
week trough at 1.2055 has ended there n weakness to
1.2075/80 wud be seen b4 prospect of rebound.

Trade fm short side for 1.2081 1st n only abv
1.2157 wud risk stronger retrace. to 1.2178.


   Rate: +1.2081+
   Strategy: +Target met+
   Position: Short at 1.2121
   Objective: 1.2081
   Stop-Loss:
   Resistance: 1.2144/1.2157/1.2178
   Support: 1.2086/1.2075/1.2055
INTRA-DAY EUR/GBP OUTLOOK - +0.8870+
Update Time: 20 Jan 2021 09:01GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8870+

Euro's intra-day break of 0.8883 sup suggests
recovery fm last Fri's 7-week trough of 0.8867 has
ended at 0.8925 Mon n re-test of said sup wud be
seen after consolidation, break wud extend decline
fm Dec's 0.9229 peak to 0.8848/50 b4 rebound.

Trade fm short side for 0.8870 n only abv 0.8904
(Asia) risks gain to 0.8918, then 0.8925.


   Rate: +0.8870+
   Strategy: +Target met+
   Position: Short at 0.8900
   Objective: 0.8870
   Stop-Loss:
   Resistance: 0.8904/0.8925/0.8941
   Support: 0.8867/0.8848/0.8827
INTRA-DAY EUR/GBP OUTLOOK - +0.8885+
Update Time: 19 Jan 2021 02:22GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8885+

Euro's intra-day retreat fm 0.8925 (Europe) to
0.8987 in holiday-thin N. American session suggests
recovery fm Fri's 6-week bottom at 0.8867 has possi
bly ended, below 0.8880/83 wud add credence to this
view n may head back twd 0.8867 'later'.

Trade fm short side for 0.8885 after consolida-
tion n only abv 0.8925/26 res risks 0.8941.


   Rate: +0.8885+
   Strategy: +Target met+
   Position: Short at 0.8915
   Objective: 0.8885
   Stop-Loss:
   Resistance: 0.8925/0.8934/0.8946
   Support: 0.8883/0.8867/0.8848
WEEKLY EUR/CHF CROSS OUTLOOK - +1.0740+
Update Time: 18 Jan 2021 11:46GMT
WEEKLY EUR/CHF CROSS OUTLOOK - +1.0740+

Euro's decline fm Dec's 6-1/2 month high at 1.08
92 to 1.0789 on the 1st trading day in Jan, then
last week's break there to 1.0750 Fri suggests fur-
ther choppy trading below 2020 peak at 1.0915 (Jun)
wud continue with downside bias for weakness twd
1.0738 (Dec low), break wud extend twd 1.0661.

Hold short for 1.0740 1st n only abv 1.0814 indi
cates temp. low is made n risks stronger retrace.
of said drop fm 1.0892 to 1.0841, 1.0863/68.


   Rate: +1.0740+
   Strategy: +Target met+
   Position: Short at 1.0840
   Objective: 1.0740
   Stop-Loss:
   Resistance: 1.0789/1.0841/1.0892
   Support: 1.0738/1.0715/1.0661
INTRA-DAY EUR/CHF OUTLOOK - +1.0745+
Update Time: 18 Jan 2021 11:38GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.0745+

Euro's intra-day sideways move after Fri's
resumption of decline fm Dec's 6-1/2 month peak at
1.0892 to a 4-week low at 1.0750 Fri suggests range
trading wud be seen b4 marginal fall, loss of momen
tum wud keep price abv 1.0722/25 n yield correction

Trade fm short side for 1.0745 1st n only abv
1.0776/80 signals temp. bottom, risks 1.0810/14.


   Rate: +1.0745+
   Strategy: +Target met+
   Position: Short at 1.0775
   Objective: 1.0745
   Stop-Loss:
   Resistance: 1.0776/1.0799/1.0814
   Support: 1.0738/1.0722/1.0676
DAILY AUD/JPY CROSS OUTLOOK - +79.59+
Update Time: 18 Jan 2021 09:22GMT
DAILY AUD/JPY CROSS OUTLOOK - +79.59+

Fri's break of 80.00 low to 79.73 (NY) signals
A$'s fall fm Jan's 2-yr 80.92 top wud head to 79.45
/50 after consolidation but reckon 79.21 shud hold.

Trade fm short side for this move n only abv 80.
30/35 may risk stronger recovery to 80.47/52.


   Rate: +79.59+
   Strategy: +Exit short+
   Position: Short at 80.15
   Objective:
   Stop-Loss: Short at 80.15
   Resistance: 79.94/80.27/80.57
   Support: 79.54/79.15/78.86
INTRA-DAY EUR/GBP OUTLOOK - +0.8923+
Update Time: 18 Jan 2021 08:56GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8923+

Euro's intra-day rally fm 0.8883 (NZ) n then
break abv 0.8908 res suggests recent decline has
made a temporary low at Fri's 7-week trough of 0.88
67 n further headway to 0.8925/26 wud be seen after
consolidation b4 prospect of retreat.

Trade fm long side for 0.8923 1st n only below
0.8895 risks weakness back to 0.8883.


   Rate: +0.8923+
   Strategy: +Target met+
   Position: Long at 0.8893
   Objective: 0.8923
   Stop-Loss:
   Resistance: 0.8926/0.8934/0.8946
   Support: 0.8903/0.8883/0.8867
DAILY GBP/USD OUTLOOK - +1.3540+
Update Time: 18 Jan 2021 08:32GMT
DAILY GBP/USD OUTLOOK - +1.3540+

Despite rising marginally abv prev. Jan's 1.3703
high to a fresh 2-1/2 year peak at 1.3712 (Thur),
cable's cross-inspired decline Fri n break of 1.36
13 sup signals temp. top is made n stronger retrace
ment to 1.3535 wud be seen, reckon 1.3505 wud hold.

Intra-day recovery fm 1.3560 wud bring range tra
ding b4 down n only abv 1.3613 risks 1.3637/42.


   Rate: +1.3540+
   Strategy: +Exit short+
   Position: Short at 1.3600
   Objective:
   Stop-Loss:
   Resistance: 1.3572/1.3613/1.3637
   Support: 1.3530/1.3535/1.3505
INTRA-DAY GBP/USD OUTLOOK - +1.3555+
Update Time: 18 Jan 2021 07:33GMT
INTRA-DAY GBP/USD OUTLOOK - +1.3555+

Cable's intra-day cross-inspired decline n break
of indicated 1.3613 sup to 1.3572 in NY morning con
firms MT uptrend has made a temp. top at Thur's 2-
1/2 year peak at 1.3712 n stronger correction to
1.3555 is seen but 1.3535 may hold.

As price has fallen after intra-day recovery fm
1.3567, bearishness is retained. Abv 1.3613, 1.3637


   Rate: +1.3555+
   Strategy: +Target met+
   Position: Short at 1.3595
   Objective: 1.3555
   Stop-Loss:
   Resistance: 1.3613/1.3637/1.3670
   Support: 1.3551/1.3535/1.3505
DAILY GBP/JPY CROSS OUTLOOK - +140.83+
Update Time: 18 Jan 2021 01:36GMT
DAILY GBP/JPY CROSS OUTLOOK - +140.83+

Sterling's break of 141.54 sup (now res) to 140.
97 Fri signals fall fm Wed's 4-month peak at 142.25
wud head to 140.76 but 140.35 (Mon low) shud hold.

Trade fm short side for 140.83 n only abv 141.54
suggests 1st leg of correction over, 141.76/81.


   Rate: +140.83+
   Strategy: +Target met+
   Position: Short at 141.58
   Objective: 140.83
   Stop-Loss: Short at 141.58
   Resistance: 141.38/141.54/141.77
   Support: 140.97/140.76/140.35
INTRA-DAY AUD/USD OUTLOOK - +0.7680+
Update Time: 18 Jan 2021 00:01GMT
INTRA-DAY AUD/USD OUTLOOK - +0.7680+

Although aud's daily swings last week suggests
further choppy trading below Jan's 0.7820 peak wud
continue, decline fm 0.7805 (Thur) to 0.7682 in NY
Fri on usd's strength signals downside bias remains
, below 0.7667 (Mon's reaction low), 0.7643 later.

Hold short for 0.7680 1st after consolidation n
only abv 0.7730 risks stronger gain to 0.7760/70.


   Rate: +0.7680+
   Strategy: +Target met+
   Position: Short at 0.7720
   Objective: 0.7680
   Stop-Loss:
   Resistance: 0.7630/0.7766/0.7781
   Support: 0.7682/0.7667/0.7643
SPOT GOLD DAILY OUTLOOK - +$ 1807.80+
Update Time: 17 Jan 2021 23:55GMT
SPOT GOLD DAILY OUTLOOK - +$ 1807.80+

Gold's selloff to 1823.50 (NY) on Fri suggests
early recovery fm Mon's 5-week low at 1817.10 has
ended earlier at 1863.60 (Tue) n recent decline fm
Jan's 1959.40 peak would head to 1807.80 after con-
solidation, loss of momentum should keep price abv
1800.00 n yield rebound later this week.

Trade fm short side for this move n only abv
1845/46 'prolongs' choppy swings abv 1817.10 n may
risk another rise to 1857/58.


   Rate: +$ 1807.80+
   Strategy: +Target met+
   Position: Short at 1837.80
   Objective: 1807.80
   Stop-Loss:
   Resistance: 1834.00/1857.40/1863.60
   Support: 1823.50/1817.10/1807.60
SPOT SILVER DAILY OUTLOOK - +$ 24.55+
Update Time: 17 Jan 2021 23:53GMT
SPOT SILVER DAILY OUTLOOK - +$ 24.55+

Fri's selloff below 25.00 to 24.59 signals reco-
very fm Mon's 24.34 low has ended, below extends
fall fm Dec 3-1/2 month peak at 27.92 to 24.00/10.

Hold short for 24.55 1st after choppy trading n
only a daily close abv 25.00 may risk 25.20/25.


   Rate: +$ 24.55+
   Strategy: +Target met+
   Position: Short at 25.00
   Objective: 24.55
   Stop-Loss: Short at 25.00
   Resistance: 25.00/25.14/25.25
   Support: 24.59/24.34/24.10
INTRA-DAY USD/CHF OUTLOOK - +0.8905+
Update Time: 15 Jan 2021 15:59GMT
INTRA-DAY USD/CHF OUTLOOK - +0.8905+

Despite y'day's fall fm 0.8917 to 0.8856 in NY,
dlr's erratic rse to 0.8995 in Asia today suggests
the early choppy swings fm Mon's near 5-week peak
at 0.8920 are developing into a triangle consolida-
tion, upside bias is seen, abv 0.8917/20, 0.8946.

Trade fm long side for 0.8905 n only below 0.88
56 risks re-test of 0.8850, then later to 0.8821/23


   Rate: +0.8905+
   Strategy: +Target met+
   Position: Long at 0.8870
   Objective: 0.8905
   Stop-Loss:
   Resistance: 0.8920/0.8946/0.8983
   Support: 0.8895/0.8870/0.8850
DAILY USD/CAD OUTLOOK - +1.2765+
Update Time: 15 Jan 2021 15:58GMT
DAILY USD/CAD OUTLOOK - +1.2765+

Usd's rally to 1.2732 after Thur's brief break
of 1.2630 to a fresh 2-1/2 yr 1.2625 trough signals
temp. low is made, abv 1.2746 wud extend to 1.2765.

Hold long in expectation of gain to said obj. as
only below 1.2658/59 may risk weakness twd 1.2625.


   Rate: +1.2765+
   Strategy: +Target met+
   Position: Long at 1.2695
   Objective: 1.2765
   Stop-Loss:
   Resistance: 1.2778/1.2791/1.2838
   Support: 1.2746/1.2707/1.2697
INTRA-DAY AUD/USD OUTLOOK - +0.7700+
Update Time: 15 Jan 2021 15:05GMT
INTRA-DAY AUD/USD OUTLOOK - +0.7700+

Y'day's retreat fm 0.7805 (NY) n then intra-day
weakness in Europe suggests further choppy trading
below Jan's 2-1/2 year peak at 0.7820 wud continue
with nr term downside bias, reckon 0.7697/00 wud
hold fm here n yield another rebound later today.

Trade fm short side for 0.7700 afte range trad-
ing n only abv 0.7765/70 risks 0.7781/85.


   Rate: +0.7700+
   Strategy: +Target met+
   Position: Short at 0.7740
   Objective: 0.7700
   Stop-Loss:
   Resistance: 0.7630/0.7766/0.7781
   Support: 0.7697/0.7667/0.7643
 

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