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Our Recommended Trades
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| INTRA-DAY EUR/JPY OUTLOOK - +124.85+ |
|
| Update
Time: |
04 Aug 2020 01:40GMT |
INTRA-DAY EUR/JPY OUTLOOK - +124.85+
Despite euro's selloff fm 125.06 to 124.00 y'day
, subsequent strg rebound to 124.80 suggests the
pullback fm Fri's 14-month peak at 125.20 has ended
there n consolidation with upside bias remains n
gain to 125.06 wud be seen b4 down.
Trade fm long side for 124.85 n only below 124.
30/35 wud risk weakness twd 124.00.
|
| Rate: |
+124.85+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 124.45 |
| Objective: |
124.85 |
| Stop-Loss: |
|
| Resistance: |
124.84/125.06/125.21 |
| Support: |
124.33/124.00/123.96 |
|
|
| INTRA-DAY USD/CHF OUTLOOK - 0.9177 |
|
| Update
Time: |
03 Aug 2020 22:53GMT |
INTRA-DAY USD/CHF OUTLOOK - 0.9177
Dlr's sharp retreat after y'day's rally to 0.92
40 in NY suggests upmove fm Fri's fresh 5-year
trough at 0.9057 has made a temp. top there n cur-
rent minor rebound fm 0.9172 wud yield consolida-
tion b4 prospect of another fall to 0.9150/60.
Exit prev. short n look to sell again as only
abv 0.9240 wud risk gain to 0.9260.
|
| Rate: |
0.9177 |
| Strategy: |
Exit short n sell at 0.9190 |
| Position: |
Short at 0.9210 |
| Objective: |
0.9150 |
| Stop-Loss: |
0.9210 |
| Resistance: |
0.9240/0.9260/0.9287 |
| Support: |
0.9172/0.9166/0.9128 |
|
|
| DAILY USD/JPY OUTLOOK - +106.40+ |
|
| Update
Time: |
03 Aug 2020 13:37GMT |
DAILY USD/JPY OUTLOOK - +106.40+
Despite dlr's initial cross-inspired selloff in
Asia to a 4-1/2 month trough of 104.19 Fri, subse-
quent rally to as high as 106.05 (NY) due to cross
unwinding in yen suggests MT decline fm 111.71 has
made a temporary low n choppy swings are in store.
Intra-day retreat fm 106.43 may head to 105.60/
70 b4 up but 106.90 shud hold. Below 105.50, 105.05
|
| Rate: |
+106.40+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 105.70+ |
| Objective: |
106.40 |
| Stop-Loss: |
|
| Resistance: |
106.43/106.65/106.90 |
| Support: |
105.59/105.29/104.78 |
|
|
| INTRA-DAY USD/JPY OUTOOK - +106.34+ |
|
| Update
Time: |
03 Aug 2020 13:30GMT |
INTRA-DAY USD/JPY OUTOOK - +106.34+
Dlr's intra-day cross-inspired rebound in Europe
after early strg retreat fm 106.43 (Asia) to 105.59
suggests pullback has ended n re-test of said res
is envisaged after consolidation, abv wud extend
rise fm Fri's 104.19 bottom to 106.65/70 later.
Trde fm long side for 106.34 next n only below
105.50/59 sup dampens daily bullishness.
|
| Rate: |
+106.34+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 105.99 |
| Objective: |
106.34 |
| Stop-Loss: |
|
| Resistance: |
106.43/106.69/106.90 |
| Support: |
106.02/105.72/105.59 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +124.40+ |
|
| Update
Time: |
03 Aug 2020 10:54GMT |
INTRA-DAY EUR/JPY OUTLOOK - +124.40+
Euro's intra-day fall n then break of 124.30 sup
after brief jump to 125.06 in Asia suggests choppy
trading below last Fri's 14-month peak of 125.20
wud continue n price may head to 123.95/00 b4 pros-
pect of rebound, abv 124.65/70 needed for 125.06.
Lower long entry to 124.00 for 124.40 n only
below 123.85 risks weakness to 123.60/65.
|
| Rate: |
+124.40+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 124.00+ |
| Objective: |
124.40 |
| Stop-Loss: |
|
| Resistance: |
124.48/124.84/125.06 |
| Support: |
124.11/123.96/123.85 |
|
|
| DAILY USD/CHF OUTLOOK - +0.9175+ |
|
| Update
Time: |
03 Aug 2020 06:40GMT |
DAILY USD/CHF OUTLOOK - +0.9175+
Despite Fri's resumption of recent downtrend to
a fresh 5-year trough of 0.9057 in Europe, subse-
quent rebound to 0.9148 (NY) due to short covering
in usd suggests temp. low is made n choppy trading
with upside bias is seen for retrace. twd 0.9187.
Intra-day retreat fm 0.9166 wud bring range trad
ing b4 up. Only below 0.9093 risks 0.9086, 0.9057.
|
| Rate: |
+0.9175+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9100 |
| Objective: |
0.9175 |
| Stop-Loss: |
|
| Resistance: |
0.9187/0.9229/0.9260 |
| Support: |
0.9128/0.9086/0.9072 |
|
|
| WEEKLY EUR/JPY CROSS OUTLOOK - +124.70+ |
|
| Update
Time: |
02 Aug 2020 23:12GMT |
WEEKLY EUR/JPY CROSS OUTLOOK - +124.70+
Despite euro's selloff fm Jun's 1-year peak at
124.42 to 119.32, subsequent strg rebound to 124.28
last Wed confirms the correction has ended n abv
said res wud extend MT upmove fm 114.44 (May) to
124.78, however, loss of momentum wud keep price be
low 125.20/30 n yield retreat later.
Look to buy again on dips to 123.20 for 124.70
1st n only below 122.85 wud indicate a temp. top
has been made n risk retracement to 122.48.
|
| Rate: |
+124.70+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 123.20+ |
| Objective: |
124.70 |
| Stop-Loss: |
|
| Resistance: |
124.28/124.42/124.78 |
| Support: |
122.85/122.48/121.82 |
|
|
| INTRA-DAY AUD/USD OUTLOOK - +0.7135+ |
|
| Update
Time: |
01 Aug 2020 14:39GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.7135+
A$'s intra-day selloff fm European 17-month peak
at 0.7227 due to broad-based usd's recovery in NY
suggests long-overdue minor correction of recent up
trend has taken place n stronger retracement twd
0.7114 wud be seen early next week.
Trade fm short side for 0.7135 1st n only abv
0.7182 dampens bearishness, risks 0.7197/02.
|
| Rate: |
+0.7135+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.7175 |
| Objective: |
0.7135 |
| Stop-Loss: |
|
| Resistance: |
0.7162/0.7197/0.7227 |
| Support: |
0.7114/0.7106/0.7091 |
|
|
| INTRA-DAY USD/CHF OUTLOOK - +0.9135+ |
|
| Update
Time: |
31 Jul 2020 16:41GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9135+
Outlook is similar to euro' dlr's intra-day rally
fm European fresh 5-year trough at 0.9057 on broad-
based usd's rebound signals long-awaited correction
has occured n consolidation with upside bias is
seen for stronger gain to 0.9155/60 later.
Present retreat fm 0.9129 wud bring range trad-
ing b4 up n only below 0.9072 risks 0.9057/62.
|
| Rate: |
+0.9135+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9095 |
| Objective: |
0.9135 |
| Stop-Loss: |
|
| Resistance: |
0.9156/0.9187/0.9202 |
| Support: |
0.9093/0.9072/0.9057 |
|
|
| DAILY AUD/JPY CROSS OUTLOOK - +75.80+ |
|
| Update
Time: |
31 Jul 2020 14:02GMT |
DAILY AUD/JPY CROSS OUTLOOK - +75.80+
A$'s rebound fm y'day's 74.83 low to 75.44 today
signals decline fm last Wed's 14-mth 76.86 top has
ended there n retrace. to 75.78/80 is seen b4 down.
Trade fm long side for 75.80 1st n only below
74.83 wud risk stronger retrace. to 74.69.
|
| Rate: |
+75.80+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 75.10 |
| Objective: |
75.80 |
| Stop-Loss: |
Long at 75.10 |
| Resistance: |
75.57/75.78/76.08 |
| Support: |
75.35/75.03/74.83 |
|
|
| DAILY EUR/JPY CROSS OUTLOOK - +124.65+ |
|
| Update
Time: |
31 Jul 2020 13:31GMT |
DAILY EUR/JPY CROSS OUTLOOK - +124.65+
Intra-day rally last Wed's 6-week high at 124.28
n then break of Jun's 1-year peak at 124.42 signals
MT upmove wud head to 124.65/70 next, however, over
bought condition wud prevent strg gain n reckon 125
.00 wud cap upside n yield minor correction.
Trade fm long side for 124.65 1st n only below
123.85 risks stronger retracement twd 123.34 Mon.
|
| Rate: |
+124.65+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 123.95 |
| Objective: |
124.65 |
| Stop-Loss: |
|
| Resistance: |
124.78/125.00/125.32 |
| Support: |
124.30/123.85/123.34 |
|
|
| INTRA-DAY EUR/JPY OUTLOOK - +124.45+ |
|
| Update
Time: |
31 Jul 2020 12:39GMT |
INTRA-DAY EUR/JPY OUTLOOK - +124.45+
Intra-day brief break of last Wed's nr 7-week
peak at 124.28 to 124.30 in Asia signals recent up-
move fm 119.32 (Jun) has resumed n re-test of Jun's
1-year high at 124.42 is envisaged, loss of momen-
tum wud limit upside to 124.65/70 today.
Trade fm long side for 124.45 n only below 123.
85 risks stronger retracement twd 123.57.
|
| Rate: |
+124.45+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 124.05 |
| Objective: |
124.45 |
| Stop-Loss: |
|
| Resistance: |
124.42/124.78/125.00 |
| Support: |
123.96/123.85/123.57 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.9005+ |
|
| Update
Time: |
31 Jul 2020 12:20GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.9005+
Euro's selloff fm Mon's near 1-month peak at
0.9148 to 0.9017 y'day suggests recent upmove has
made a temp. top there n subsequent rebound wud
yield consolidation b4 prospect of another fall, be
low 0.9017 wud extend to daily sup at 0.9001.
Trade fm short side for 0.9005 1st n only abv
0.9066 wud risk stronger gain to 0.9087.
|
| Rate: |
+0.9005+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9050 |
| Objective: |
0.9005 |
| Stop-Loss: |
|
| Resistance: |
0.9035/0.9063/0.9087 |
| Support: |
0.9001/0.8983/0.8970 |
|
|
| DAILY GBP/JPY CROSS OUTLOOK - +137.85+ |
|
| Update
Time: |
31 Jul 2020 11:43GMT |
DAILY GBP/JPY CROSS OUTLOOK - +137.85+
Intra-day break of Thur's 6-week 107.38 after
initial retreat to 136.80 (Asia) suggests rise fm
131.75 (Jun) wud head to 137.85/90 soon.
Trade fm long side but reckon 138.00/10 wud hold
n only below 136.8 risks retracement to 136.45/50.
|
| Rate: |
+137.85+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 137.05 |
| Objective: |
137.85 |
| Stop-Loss: |
Long at 137.05 |
| Resistance: |
137.86/138.21/138.88 |
| Support: |
137.38/136.80/136.62 |
|
|
| WEEKLY USD/CHF OUTLOOK - +0.9065+ |
|
| Update
Time: |
31 Jul 2020 02:38GMT |
WEEKLY USD/CHF OUTLOOK - +0.9065+
Dlr's intra-day brief break below Mar's 4-1/2
year trough on renewed usd's weakness confirms LT
erratic downtrend fm 1.0344 (2016) has once again
resumed n price is en route to 0.9055/65, o/sold
condition is likely to limit weakness to 0.9000
this week n risk has increased for a correction.
Still favour selling usd again on recovery for
0.9065 n only a daily close abv 0.9260 signals
temporary low is made, risks 0.9303, then 0.9351.
|
| Rate: |
+0.9065+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 0.9215+ |
| Objective: |
0.9065 |
| Stop-Loss: |
|
| Resistance: |
0.9229/0.9260/0.9303 |
| Support: |
0.9103/0.9072/0.8937 |
|
|
| DAILY USD/SGD OUTLOOK - +1.3710+ |
|
| Update
Time: |
30 Jul 2020 23:19GMT |
DAILY USD/SGD OUTLOOK - +1.3710+
Although usd has recovered after y'day's fall to
a near 6-month 1.3731 low in post-FOMC NY n range
trading wud be seen b4 heading to 1.3700/10.
Trade fm short side for 1.3710 1st n only abv
1.3797 indicates temp. bottom made, risks 1.3811/16
|
| Rate: |
+1.3710+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.3770 |
| Objective: |
1.3710 |
| Stop-Loss: |
Short at 1.3770 |
| Resistance: |
1.3797/1.3816/1.3875 |
| Support: |
1.3731/1.3699/1.3671 |
|
|
| WEEKLY EUR/USD OUTLOOK - +1.1850+ |
|
| Update
Time: |
30 Jul 2020 23:15GMT |
WEEKLY EUR/USD OUTLOOK - +1.1850+
Euro's anticipated break of previous 2020 high
at 1.1494 (Mar) on market optimism following EU
recovery fund deal to a 22-month top at 1.1658 Fri
n intra-day gain abv there suggests MT upmove fm
Mar near 3-year bottom at 1.0637 wud head to 1.1815
obj., o/bot condition shud cap price at 1.1900/10.
Still favour buying again on pullback for this
move n only a daily close below 1.1582 signals temp
orary high is made, risks 1.1541, then 1.1508.
|
| Rate: |
+1.1850+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.1700+ |
| Objective: |
+1.1850+ |
| Stop-Loss: |
|
| Resistance: |
1.1781/1.1815/1.1996 |
| Support: |
1.1725/1.1658/1.1582 |
|
|
| DAILY EUR/GBP CROSS OUTLOOK - +0.9020+ |
|
| Update
Time: |
30 Jul 2020 14:49GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.9020+
Euro's selloff fm this week's high at 0.9148 on
Mon to 0.9021 in Europe today suggests choppy trad
ing below Jun's 3-month peak at 0.9176 wud continue
n present rebound wud bring choppy sideways swings
b4 marginal fall to 0.9010/20 but 0.9001 wud hold.
Trade fm short side for 0.9020 n only abv 0.9065
70 wud risk stronger retracement to 0.9086/87.
|
| Rate: |
+0.9020+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9070 |
| Objective: |
0.9020 |
| Stop-Loss: |
|
| Resistance: |
0.9066/0.9087/0.9101 |
| Support: |
0.9021/0.9001/0.8978 |
|
|
| DAILY GBP/JPY CROSS OUTLOOK - +136.85+ |
|
| Update
Time: |
30 Jul 2020 11:23GMT |
DAILY GBP/JPY CROSS OUTLOOK - +136.85+
Intra-day rally fm 136.07 in Europe n then break
of last Wed's 136.62 top suggests upmove fm Jun's
131.75 low has resumed n wud head to 136.90/00.
Trade fm long side for 136.90 after consolidat-
ion n only below 136.01/07 signals top, 135.68/73.
|
| Rate: |
+136.85+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 136.15 |
| Objective: |
+136.85+ |
| Stop-Loss: |
Long at 136.15 |
| Resistance: |
136.81/137.39/137.63 |
| Support: |
136.40/136.01/135.68 |
|
|
| INTRA-DAY EUR/GBP OUTLOOK - +0.9045+ |
|
| Update
Time: |
30 Jul 2020 08:43GMT |
INTRA-DAY EUR/GBP OUTLOOK - +0.9045+
Despite y'day's rebound to 0.9086 in NY after
resumption of decline fm Mon's 3-week peak of 0.91
48 to 0.9035, intra-day sharp retreat in Europe on
sterling's strength suggests re-test of said sup
wud be seen after consolidation, break, 0.9020/25.
Trade fm short side for 0.9045 1st n only abv
0.9086/87 wud risk gain to 0.9101/06.
|
| Rate: |
+0.9045+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9075 |
| Objective: |
0.9045 |
| Stop-Loss: |
|
| Resistance: |
0.9087/0.9101/0.9119 |
| Support: |
0.9035/0.9001/0.8978 |
|
|
| INTRA-DAY USD/JPY OUTOOK - 104.86 |
|
| Update
Time: |
29 Jul 2020 08:09GMT |
INTRA-DAY USD/JPY OUTOOK - 104.86
Dlr's break of y'day's fresh 4-month trough at
104.96 signals MT erratic decline fm 111.71 (Mar)
remains in progress n current rebound fm 104.81
wud yield consolidation in Europe b4 prospect of
another fall, below 104.81, 104.60 later.
Exit prev. short n look to sell again for this
move but 104.40 wud hold. Abv 105.24 risks 105.37.
|
| Rate: |
104.86 |
| Strategy: |
Exit short n sell at 105.00 |
| Position: |
Short at 105.15 |
| Objective: |
104.60 |
| Stop-Loss: |
105.20 |
| Resistance: |
105.24/105.37/105.68 |
| Support: |
104.60/104.40/104.11 |
|
|
| DAILY USD/CHF OUTLOOK - +0.9143+ |
|
| Update
Time: |
29 Jul 2020 07:46GMT |
DAILY USD/CHF OUTLOOK - +0.9143+
Dlr's break below Mon's low at 0.9167 to a 5-
year trough at 0.9156 signals MT decline remains
in progress n further weakness to 0.9140/45 wud be
seen, however, loss of momentum wud keep price abv
0.9128/33 n yield a much-needed correction.
Trade fm short side for 0.9143 1st n only abv
0.9227/29 wud risk stronger retrace. to 0.9260.
|
| Rate: |
+0.9143+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9208 |
| Objective: |
0.9143 |
| Stop-Loss: |
|
| Resistance: |
0.9196/0.9229/0.9260 |
| Support: |
0.9156/0.9128/0.9077 |
|
|
| INTRA-DAY USD/CHF OUTLOOK - +0.9145+ |
|
| Update
Time: |
29 Jul 2020 07:45GMT |
INTRA-DAY USD/CHF OUTLOOK - +0.9145+
Although usd's current break below y'day's 5-
year trough at 0.9156 signals MT decline remains
in progress n weakness to 0.9140/45 wud be seen,
loss of momentum wud keep price abv 0.9128 in
Europe n yield a much-needed correction.
Trade fm short side for 0.9145 1st n only abv
0.9186 wud risk stronger retrace. to 0.9202.
|
| Rate: |
+0.9145+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9185 |
| Objective: |
0.9145 |
| Stop-Loss: |
|
| Resistance: |
0.9186/0.9202/0.9229 |
| Support: |
0.9128/0.9100/0.9077 |
|
|
| INTRA-DAY GBP/USD OUTLOOK - +1.2965+ |
|
| Update
Time: |
29 Jul 2020 07:43GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.2965+
Cable's rally to a fresh 4-month peak at 1.2952
y'day suggests MT upmove remains in progress n as
price has rebounded after intra-day retreat to 1.29
12, upside bias remains n abv 1.2952 wud extend to
1.2990/95 b4 prospect of a correction.
Trade fm long side n only below 1.2900/04 risks
stronger retrace. to 1.2888, then 1.2860 (NY low).
|
| Rate: |
+1.2965+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.2925 |
| Objective: |
1.2965 |
| Stop-Loss: |
|
| Resistance: |
1.2952/1.2981/1.3000 |
| Support: |
1.2904/1.2888/1.2860 |
|
|
| INTRA-DAY EUR/USD OUTLOOK - +1.1762+ |
|
| Update
Time: |
29 Jul 2020 07:43GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.1762+
Euro's present firm break of indicated 1.1742/43
res on renewed usd's weakness in Europe suggests
pullback fm Mon's fresh 22-month peak at 1.1781 has
ended y'day at 1.1700 n upside bias remains for re-
test of said key res later after consolidation.
Trade fm long side for 1.1762 next n only below
1.1725 'prolongs' choppy swings, risks 1.1705/10.
|
| Rate: |
+1.1762+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.1722 |
| Objective: |
1.1762 |
| Stop-Loss: |
|
| Resistance: |
1.1773/1.1781/1.1815 |
| Support: |
1.1733/1.1700/1.1683 |
|
|
|
|
| |
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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
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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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