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INTRA-DAY GBP/USD OUTLOOK - +1.2425+
Update Time: 01 Jun 2020 08:00GMT
INTRA-DAY GBP/USD OUTLOOK - +1.2425+

Cable's 'wild' swings in NY session on Fri after
rally fm European 1.2292 low to a 2-week of 1.2394
in NY morning, then selloff to 1.2291 n subsequent
bounce to 1.2359 at NY close suggests upside bias
remains n today's gain 1.2414 wud head to 1.2429.

Intra-day bounce fm 1.2377 has retained bullish-
ness n only below risks 1.2360, break, 1.2325/30.


   Rate: +1.2425+
   Strategy: +Target met+
   Position: Long at 1.2385
   Objective: 1.2425
   Stop-Loss:
   Resistance: 1.2414/1.2429/1.2466
   Support: 1.2377/1.2360/1.2325
DAILY GBP/USD OUTLOOK - +1.2410+
Update Time: 01 Jun 2020 01:59GMT
DAILY GBP/USD OUTLOOK - +1.2410+

Cable's resumption of last week's 'erratic' rise
to a 2-week high of 1.2394 Fri due to month-end
sterling demand suggests 3-legged upmove fm May's 7
week trough at 1.2075 to retrace early fall fm 1.26
48 (Apr) wud head twd 1.2429 (61.8% r).

Buy again on dips n only daily close below 1.2291
(Fri low) signals temp. top, risks 1.2234, 1.2201.


   Rate: +1.2410+
   Strategy: +Target met+
   Position: +Long at 1.2330+
   Objective: +1.2410+
   Stop-Loss:
   Resistance: 1.2394/1.2429/1.2466
   Support: 1.2329/1.2292/1.2234
DAILY USD/SGD OUTLOOK - +1.4080+
Update Time: 01 Jun 2020 01:29GMT
DAILY USD/SGD OUTLOOK - +1.4080+

Usd's intra-day rebound fm 1.4106 signals choppy
trading abv Apr's 1.4070 low wud continue, subse-
quent fall fm 1.4158 (NY) wud head to 1.1080.

Hold short for this move n only abv 1.4185 con-
firms temp. low made n risks gain to 1.4216/19.


   Rate: +1.4080+
   Strategy: +Target met+
   Position: Short at 1.4145
   Objective: 1.4080
   Stop-Loss: Short at 1.4145
   Resistance: 1.4158/1.4185/1.4219
   Support: 1.4070/1.4047/1.4018
DAILY USD/CAD OUTLOOK - +1.3720+
Update Time: 01 Jun 2020 01:29GMT
DAILY USD/CAD OUTLOOK - +1.3720+

Usd's retreat after a brief but strg bounce fm
Fri's fresh 2-month low of 1.3715 to 1.3832 in NY
, suggesting fall fm 1.4669 (Mar) may yield 1.3673.

Sell again on recovery to 1.3800 for 1.3700 1st
n only daily close abv 1.3832 risks 1.3880/85.


   Rate: +1.3720+
   Strategy: +Target met+
   Position: +Short at 1.3800+
   Objective: +1.3720+
   Stop-Loss: +Short at 1.3800+
   Resistance: 1.3800/1.3832/1.3866
   Support: 1.3715/1.3691/1.3673
DAILY AUD/JPY CROSS OUTLOOK - +72.30+
Update Time: 01 Jun 2020 01:27GMT
DAILY AUD/JPY CROSS OUTLOOK - +72.30+

A$'s re-test of Wed's near 3-month top at 71.92
Fri suggests MT rise fm 59.90 (Mar) wud head to 72
.30, loss of momentum wud cap price at 72.55/59.

Turn long on pullback for this move n only below
71.15/20 'prolongs' choppy swings, risks 70.95/00.


   Rate: +72.30+
   Strategy: +Target met+
   Position: +Long at 71.65+
   Objective: 72.30
   Stop-Loss: +Long at 71.65+
   Resistance: 72.20/72.59/73.05
   Support: 71.77/71.15/71.02
WEEKLY EUR/CHF CROSS OUTLOOK - +1.0670+
Update Time: 01 Jun 2020 01:11GMT
WEEKLY EUR/CHF CROSS OUTLOOK - +1.0670+

Euro's anticipated rally to a 2-month high at
1.0661 last Mon confirms LT fall has made a temp.
low at May's fresh 4-1/2 year bottom at 1.0505 n
subsequent daily wild swings wud bring range trad-
ing b4 prospect of another rise, abv 1.0661 wud
head to 1.0710, then 1.0732/37 later this week.

Buy again on dips to 1.0580 for 1.0730 n only
below 1.0550/55 wud risk weakness to 1.0527/32 but
1.0505 shud remain intact, yield rebound.


   Rate: +1.0670+
   Strategy: +Stop profit+
   Position: +Long at 1.0580+
   Objective:
   Stop-Loss: +Long at 1.0580+
   Resistance: 1.0737/1.0787/1.0833
   Support: 1.0633/1.0578/1.0532
DAILY GBP/JPY CROSS OUTLOOK - +133.55+
Update Time: 01 Jun 2020 00:46GMT
DAILY GBP/JPY CROSS OUTLOOK - +133.55+

Fri's resumption of upmove fm May's 129.30 low
to a 3-week high of 133.45 suggests price wud head
to 133.55, however, reckon 134.26 wud cap upside.

Turn long on dips for this move after consolida-
tion n only below 132.45/49 may risk 132.00/10.


   Rate: +133.55+
   Strategy: +Target met+
   Position: +Long at 132.75+
   Objective: 133.55
   Stop-Loss: +Long at 132.75+
   Resistance: 133.55/134.26/134.65
   Support: 132.49/131.79/131.64
INTRA-DAY GBP/USD OUTLOOK - +1.2370+
Update Time: 01 Jun 2020 00:18GMT
INTRA-DAY GBP/USD OUTLOOK - +1.2370+

Cable's 'wild' swings in NY session on Fri after
rally fm European 1.2292 low to a 2-week of 1.2394
in NY morning, then selloff to 1.2291 n subsequent
bounce to 1.2359 at NY close suggests upside bias
remains but abv 1.2394 needed to head twd 1.2429.

Turn cautious buyer on dips for 1.2370 1st n
only below 1.2291/92 sup risks 1.2272, then 1.2234.


   Rate: +1.2370+
   Strategy: +Target met+
   Position: +Long at 1.2330+
   Objective: 1.2370
   Stop-Loss:
   Resistance: 1.2363/1.2394/1.2429
   Support: 1.2291/1.2234/1.2201
INTRA-DAY EUR/JPY OUTLOOK - +119.70+
Update Time: 29 May 2020 14:31GMT
INTRA-DAY EUR/JPY OUTLOOK - +119.70+

Euro's intra-day break of y'day's 8-week high at
119.39 confirms recent upmove fm May's 3-1/2 year
bottom at 114.44 has resumed n further gain to 119.
70/75 wud be seen after consolidation, loss of mo-
mentum shud cap price below 119.90/00.

Trade fm long side for 119.70 later n only below
119.18 risks weakness to 118.87/90 b4 up.


   Rate: +119.70+
   Strategy: +Target met+
   Position: Long at 119.30
   Objective: 119.70
   Stop-Loss:
   Resistance: 119.73/120.00/120.35
   Support: 119.18/118.87/118.77
SPOT GOLD DAILY OUTLOOK - $1728.10+
Update Time: 29 May 2020 13:12GMT
SPOT GOLD DAILY OUTLOOK - $1728.10+

Despite y'day's resumption of erratic decline fm
May's 7-1/2 year peak of 1765.30 to a 2-week low
of 1694.00, intra-day rally to 1727.60 Thur signals
1st leg of correction has ended n subsequent pull-
back to 1711.80 would bring choppy trading b4 gain
twd 1735.60 but reckon 1740.00 would cap upside.

Trade fm long side for 1735.00 1st n only below
1710/12 dampens bullishness n may risk stronger
retracement twd 1706.40 but 1700/02 should hold.


   Rate: $1728.10+
   Strategy: +Exit long+
   Position: Long at 1715.00
   Objective:
   Stop-Loss:
   Resistance: 1735.60/1740.00/1747.60
   Support: 1711.80/1706.40/1694.00
INTRA-DAY EUR/CHF OUTLOOK - +1.0710+
Update Time: 29 May 2020 11:19GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.0710+

Intra-day break of Wed's 12-week high at 1.0698
confirms recent upmove fm May's 4-1/2 year trough
at 1.0505 has once again resumed n further gain twd
1.0710 (Mar top) wud be seen after consolidation,
loss of momentum may cap price below 1.0737.

Hold long in anticipation of such a move n only
below 1.0670/75 prolongs choppy trading, 1.0654/59.


   Rate: +1.0710+
   Strategy: +Target met+
   Position: Long at 1.0675
   Objective: 1.0710
   Stop-Loss:
   Resistance: 1.0710/1.0737/1.0787
   Support: 1.0675/1.0658/1.0632
INTRA-DAY EUR/GBP OUTLOOK - +0.9020+
Update Time: 29 May 2020 08:23GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9020+

Euro's present break of last Thur's 7-week high
at 0.8999 confirms recent upmove fm Apr's trough at
0.8671 has once again resumed n further gain to
0.9028/32 wud be seen after consolidation, however,
loss of momentum shud cap price below 0.9044.

Trade fm long side for 0.9020 n only below 0.89
80/85 risks weakness to 0.8964 b4 rebound.


   Rate: +0.9020+
   Strategy: +Target met+
   Position: Long at 0.8990
   Objective: 0.9020
   Stop-Loss:
   Resistance: 0.9028/0.9044/0.9083
   Support: 0.8998/0.8986/0.8964
DAILY EUR/GBP CROSS OUTLOOK - +0.9011+
Update Time: 29 May 2020 08:01GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.9011+

Despite euro's fall fm last Thur's 7-week top at
0.8999 to 0.8880 Tue, rally to 0.8994 Wed following
EU's eco. recovery fund n renewed Brexit concerns
suggests pullback has ended n upmove fm Apr's 0.86
71 bottom wud head to 0.9025 but 0.9044 shud hold.

Trade fm long side for this move n only below
0.8960/64 prolongs choppy trading, risks 0.8928/29.


   Rate: +0.9011+
   Strategy: +Exit long+
   Position: Long at 0.8970
   Objective:
   Stop-Loss:
   Resistance: 0.9021/0.9044/0.9085
   Support: 0.8999/0.8986/0.8964
NTRA-DAY GBP/USD OUTLOOK - +1.2346+
Update Time: 29 May 2020 05:55GMT
NTRA-DAY GBP/USD OUTLOOK - +1.2346+

Cable's intra-day rally fm 1.2234 (Europe) to as
high as 1.2346 (Reuters) in NY y'day due to broad-
based usd's weakness suggests pullback fm Tue's nr
2-week high at 1.2363 has ended n upside bias re-
remains for more gain but 1.2363 may hold.

As 1.2309 has contained pullback, trade fm long
side for 1.2361 n only below 1.2284 aborts, 1.2255.


   Rate: +1.2346+
   Strategy: +Exit long+
   Position: Long at 1.2321
   Objective:
   Stop-Loss:
   Resistance: 1.2363/1.2377/1.2429
   Support: 1.2309/1.2284/1.2234
INTRA-DAY EUR/JPY OUTLOOK - +119.25+
Update Time: 28 May 2020 16:28GMT
INTRA-DAY EUR/JPY OUTLOOK - +119.25+

Euro's intra-day break of Asian fresh 6-week top
at 118.95 confirms recent upomve fm May's 3-1/2 yr
bottom at 114.44 has once again resumed n further
gain to 119.28/32 wud be seen after consolidation,
however, reckon 119.70 shud hold today.

Trade fm long side for 119.25 n only below 118.
49 indicates temp. high made, risks 118.33, 118.14.


   Rate: +119.25+
   Strategy: +Target met+
   Position: Long at 118.90
   Objective: 119.25
   Stop-Loss:
   Resistance: 119.08/119.32/119.70
   Support: 118.49/118.33/118.14
NTRA-DAY GBP/USD OUTLOOK - +1.2230+
Update Time: 27 May 2020 14:54GMT
NTRA-DAY GBP/USD OUTLOOK - +1.2230+

Despite cable's brief rebound to 1.2354 in
Europe, subsequent selloff to 1.2259 on renewed
Brexit concerns (see MMN) suggests recent upmove
fm 1.2075 has made a temp. top at 1.2363 y'day n
current recovery wud yield consolidation b4 down.

Trade fm short side for 1.2227 1st n only abv
1.2282 wud risk stronger gain to 1.2332.


   Rate: +1.2230+
   Strategy: +Target met+
   Position: Short at 1.2267
   Objective: +1.2230+
   Stop-Loss:
   Resistance: 1.2282/1.2332/1.2354
   Support: 1.2259/1.2249/1.2208
DAILY EUR/GBP CROSS OUTLOOK - +0.8985+
Update Time: 27 May 2020 14:21GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.8985+

Despite euro's fall fm last Thur's 7-week high
at 0.8999 to 0.8880 y'day, intra-day rise on EU Com
mission's recovery fund n renewed Brexit concern
suggests pullback has possibly ended n consolidat-
ion with upside bias remains, abv 0.8983/88, 0.8999

Trade fm long side for 0.8985 later n only below
0.8928/30 risks weakness to 0.8900, then 0.8880.


   Rate: +0.8985+
   Strategy: +Target met+
   Position: Long at 0.8935
   Objective: 0.8985
   Stop-Loss:
   Resistance: 0.8999/0.9044/0.9086
   Support: 0.8928/0.8909/0.8880
INTRA-DAY EUR/GBP OUTLOOK - +0.8955+
Update Time: 27 May 2020 12:08GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8955+

Euro's intra-day jump on news of EU Commssion's
announcement of a recovery fund suggests pullback
fm last Thur's 7-week peak at 0.8999 has possibly
ended at 0.8880 Tue n upside bias remains for gain
to 0.8954 (61.8% r), abv wud head twd 0.8971 later.

Trade fm long side for 0.8955 1st n only below
0.88900/10 wud risk weakness to 0.8890, 0.8880.


   Rate: +0.8955+
   Strategy: +Target met+
   Position: Long at 0.8925
   Objective: 0.8955
   Stop-Loss:
   Resistance: 0.8971/0.8988/0.8999
   Support: 0.8927/0.8909/0.8890
DAILY USD/CAD OUTLOOK - +1.3730+
Update Time: 27 May 2020 10:01GMT
DAILY USD/CAD OUTLOOK - +1.3730+

Y'day's selloff below Apr's 1.3850 low (now res)
to a 2-mth trough of 1.3757 confirms MT decline fm
1.4669 (Mar) wud head to 1.3730 but 1.3673 wud hold

Trade fm short side for this move n only abv
1.3850 risks stronger retracement to 1.3890/00.


   Rate: +1.3730+
   Strategy: +Target met+
   Position: Short at 1.3800
   Objective: 1.3730
   Stop-Loss: Short at 1.3800
   Resistance: 1.3805/1.3850/1.3891
   Support: 1.3710/1.3673/1.3650
INTRA-DAY EUR/USD OUTLOOK - +1.1030+
Update Time: 27 May 2020 09:59GMT
INTRA-DAY EUR/USD OUTLOOK - +1.1030+

Euro's intra-day jump in Europe on EU recovery
fund news (see MMN) n break of y'day's 1.0995 top
confirms pullback fm last Thur's 1.1008 has ended
at 1.0871 Mon n abv said res wud bring re-test of
May's peak at 1.1018, break, 1.1025/30.

Turn long on dips for 1.1020 1st n only below
1.0935 wud risk weakness to 1.0914.


   Rate: +1.1030+
   Strategy: +Target met+
   Position: +Long at 1.0990+
   Objective: +1.1030+
   Stop-Loss:
   Resistance: 1.1043/1.1067/1.1100
   Support: 1.0976/1.0935/1.0914
INTRA-DAY EUR/JPY OUTLOOK - +118.75+
Update Time: 27 May 2020 09:59GMT
INTRA-DAY EUR/JPY OUTLOOK - +118.75+

Euro's present rally in Europe n then break of
y'day's 118.33 high suggests re-test of last Thur's
5-week top at 118.52 wud continue, break wud extend
recent upmove fm May's 3-1/2 year trough at 114.44
to next chart obj. at 118.75 but 119.03 shud hold.

Turn long on dips to 118.35 for this move after
consolidation n only below 118.00/05 risks 117.71.


   Rate: +118.75+
   Strategy: +Target met+
   Position: +Long at 118.35+
   Objective: 118.75
   Stop-Loss:
   Resistance: 118.75/119.03/119.53
   Support: 118.33/117.71/117.55
INTRA-DAY EUR/CHF OUTLOOK - +1.0670+
Update Time: 27 May 2020 09:55GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.0670+

Euro's early rebound fm 1.0577 (Mon) to 1.0632
y'day suggests early correction fm May's high at
1.0661 has ended n intra-day break of 1.0632 has
retained daily bullisness for re-test of 1.0661,
abv wud extend upmove fm 1.0505 to 1.0675/80.

Trade fm long side for 1.0670 after consolidat-
ion. Only below 1.0610/15 risks 1.0590 (Asian low)


   Rate: +1.0670+
   Strategy: +Target met+
   Position: Long at 1.0635
   Objective: 1.0670
   Stop-Loss:
   Resistance: 1.0661/1.0675/1.0710
   Support: 1.0590/1.0577/1.0565
DAILY EUR/CHF CROSS OUTLOOK - 1.0638
Update Time: 27 May 2020 08:35GMT
DAILY EUR/CHF CROSS OUTLOOK - 1.0638

Although euro's intra-day rally fm 1.0590 (Asia)
suggests pullback fm last Mon's 2-month top at 1.06
61 has ended at 1.0577 Mon, present retreat fm 1.06
48 wud bring choppy sideways swings b4 prospect of
another rise, abv 1.0661 wud head to 1.0700/10.

Exit prev. long n only below 1.0615/20 wud risk
weakness to 1.0590 but 1.0577 shud remain intact.


   Rate: 1.0638
   Strategy: Exit long
   Position: Long at 1.0585
   Objective:
   Stop-Loss:
   Resistance: 1.0651/1.0661/1.0710
   Support: 1.0590/1.0577/1.0546
INTRA-DAY EUR/CHF OUTLOOK - +1.0630+
Update Time: 27 May 2020 07:56GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.0630+

Although euro's rebound fm 1.0577 (Mon) to 1.06
32 (NY) y'day suggests early pullback fm last Mon's
2-month peak at 1.0661 has ended, subsequent re-
treat wud bring range trading b4 prospect of ano-
ther rise, abv 1.0632 needed to head twd 1.0651.

Trade fm long side for 1.0630 1st n only below
1.0577 risks strg retrace. to 1.0555/65 b4 up.


   Rate: +1.0630+
   Strategy: +Target met+
   Position: Long at 1.0595
   Objective: 1.0630
   Stop-Loss:
   Resistance: 1.0632/1.0651/1.0661
   Support: 1.0590/1.0577/1.0565
 

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