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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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