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DAILY EUR/JPY CROSS OUTLOOK - +120.85+
Update Time: 23 Jan 2020 15:35GMT
DAILY EUR/JPY CROSS OUTLOOK - +120.85+

As euro's decline fm Jan's 6-month peak at 122.
86 has accelerated on renewed safe-haven yen buying
, suggesting said fall to retrace MT rise fm 2019
bottom at 115.87 wud head to 120.85, 'loss of momen
tum' shud keep price abv 120.67.

Hold short for this move n only abv 122.01 sig-
nals temp. low made, risks gain to 122.27/37.


   Rate: +120.85+
   Strategy: +Target met+
   Position: Short at 121.55
   Objective: 120.85
   Stop-Loss:
   Resistance: 121.35/121.74/122.01
   Support: 120.67/120.17/120.00
INTRA-DAY EUR/USD OUTLOOK - +1.1045+
Update Time: 23 Jan 2020 15:32GMT
INTRA-DAY EUR/USD OUTLOOK - +1.1045+

Despite euro's rebound fm Wed's near 3-week low
of 1.1071 to 1.1008 at ECB Lagarde's presser, pre-
sent retreat suggests recovery has 'possibly' ended
n below 1.1071 wud extend recent decline fm 1.1239
(Dec) to 1.1041 sup but 1.1004 shud hold today.

Trade fm short side for 1.1045 n only abv 1.1080
dampens intra-day bearishness, risks 1.1103/08.


   Rate: +1.1045+
   Strategy: +Target met+
   Position: Short at 1.1080
   Objective: 1.1045
   Stop-Loss:
   Resistance: 1.1071/1.1108/1.1118
   Support: 1.1041/1.1028/1.1004
DAILY EUR/CHF CROSS OUTLOOK - +1.0715+
Update Time: 23 Jan 2020 14:15GMT
DAILY EUR/CHF CROSS OUTLOOK - +1.0715+

Despite euro's rally to 1.0787 y'day on possible
SNB's covet intervention, subsequent fall n then
intra-day marginal break of Mon's 32-month trough
of 1.0732 to 1.0731 suggests MT decline wud head to
1.0715 after consolidation but 1.0695/00 shud hold.

Trade fm short side for 1.0715 1st n only abv
1.0787 risks stronger retracement to 1.0798/00.


   Rate: +1.0715+
   Strategy: +Target met+
   Position: Short at 1.0780
   Objective: 1.0715
   Stop-Loss:
   Resistance: 1.0747/1.0759/1.0787
   Support: 1.0731/1.0700/1.0686
DAILY EUR/JPY CROSS OUTLOOK - +121.35+
Update Time: 23 Jan 2020 06:40GMT
DAILY EUR/JPY CROSS OUTLOOK - +121.35+

Euro's erratic fall fm last Thur's 6-month peak
at 122.86 to 121.62 y'day suggests MT upmove has
made a temporary top there n stronger retracement
to 121.35/40 wud be seen after consolidation but
121.20 shud hold n yield rebound later.

Trade fm short side for 121.35 n only abv 121.90
wud risk gain to 122.00/04, then 122.37.


   Rate: +121.35+
   Strategy: +Target met+
   Position: Short at 122.05
   Objective: 121.35
   Stop-Loss:
   Resistance: 121.90/122.04/122.37
   Support: 121.20/121.03/120.67
INTRA-DAY EUR/GBP OUTLOOK - +0.8465+
Update Time: 22 Jan 2020 12:05GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8465+

Euro's intra-day break of last Fri's low at 0.84
88 signals decline fm Jan's 7-week peak at 0.8596
has once again resumed n further weakness to 0.8465
/66 wud be seen after consolidation but o/sold con-
dition wud keep price abv 0.8453 in Europe.

Trade fm short side for 0.8465 1st n only abv
0.8514 wud risk stronger retrace. to 0.8521/25.


   Rate: +0.8465+
   Strategy: +Target met+
   Position: Short at 0.8495
   Objective: 0.8465
   Stop-Loss:
   Resistance: 0.8514/0.8521/0.8535
   Support: 0.8481/0.8466/0.8453
INTRA-DAY USD/CHF OUTLOOK - +0.9710+
Update Time: 22 Jan 2020 08:01GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9710+

Outlook is similar to euro, dlr's rebound fm
0.9662 (NY) suggests pullback fm Mon's 0.9699 high
has ended n near term rise fm last Thur's 15-month
bottom at 0.9614 wud head to 0.9715 after consolida
tion, 'loss of momentum' shud cap price at 0.9736.

Intra-day gain to 0.9701 in Asia has retained
bullishness n only below 0.9962 (NY) risks 0.9646.


   Rate: +0.9710+
   Strategy: +Target met+
   Position: Long at 0.9675
   Objective: 0.9710
   Stop-Loss:
   Resistance: 0.9713/0.9736/0.9762
   Support: 0.9662/0.9653/0.9631
INTRA-DAY EUR/GBP OUTLOOK - +0.8483+
Update Time: 22 Jan 2020 06:59GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8483+

Euro's decline fm 0.8554 (Mon) to 0.8490 in Aust
ralia today suggests recovery fm last week's low at
0.8488 (Fri) has ended n decline fm Jan's 7-week
peak at 0.8596 wud head to 0.8478/83 after consoli-
dation, o/sold condition wud keep price abv 0.8453.

Trade fm short side for this move n only abv
0.8521 'prolongs' choppy swings, risks 0.8530/35.


   Rate: +0.8483+
   Strategy: +Target met+
   Position: Short at 0.8513
   Objective: 0.8483
   Stop-Loss:
   Resistance: 0.8514/0.8521/0.8535
   Support: 0.8488/0.8466/0.8453
SPOT GOLD DAILY OUTLOOK - +1552.50+
Update Time: 21 Jan 2020 14:34GMT
SPOT GOLD DAILY OUTLOOK - +1552.50+

Gold's strong rebound fm last Tue's 1536.70 low
to 1561.10 Fri, then y'day's break of 1562.90 sug-
gests 1st leg of correction fm Jan's near 7-year
peak at 1610.90 has ended n intra-day retreat after
a brief rise to 1568.30 has retained bearishness,
below 1554.50 wud extend to 1549/1550.

Trade fm short side for 1552.50 after consolida-
tion n only abv 1570/1571 wud risk stronger retrace
ment to 1575/1576, then possibly 1582.50.


   Rate: +1552.50+
   Strategy: +Target met+
   Position: Short at 1567.50
   Objective: 1552.50
   Stop-Loss:
   Resistance: 1568.30/1575.80/1582.50
   Support: 1558.70/1554.50/1549.90
INTRA-DAY GBP/USD OUTLOOK - +1.3062+
Update Time: 21 Jan 2020 11:59GMT
INTRA-DAY GBP/USD OUTLOOK - +1.3062+

Despite cable's decline fm 1.3120 (Fri) to as
low as 1.2962 y'day, present rebound on upbeat U.K.
jobds data suggests choppy trading abv Jan's 1.2955
bottom wud continue with near term upside bias for
gain to 1.3065 but reckon 1.3083 shud hold.

Trade fm long side for 1.3062 1st n only below
1.2996 wud risk weakness to 1.2980/83.


   Rate: +1.3062+
   Strategy: +Target met+
   Position: Long at 1.3027
   Objective: 1.3062
   Stop-Loss:
   Resistance: 1.3060/1.3083/1.3120
   Support: 1.2996/1.2983/1.2962
DAILY AUD/USD OUTLOOK - 0.6866
Update Time: 21 Jan 2020 03:21GMT
DAILY AUD/USD OUTLOOK - 0.6866

Despite aud's intra-day brief break below Mon's
0.6856 low to 0.6853 in Asia, subsequent rebound
suggests further choppy trading abv Jan's near 3-
week bottom at 0.6849 wud continue, however, reckon
0.6911 wud hold n yield another fall.

Exit previous short as below 0.6849 needed to
extend decline fm Dec's 0.7031 high to 0.6839.


   Rate: 0.6866
   Strategy: Exit short
   Position: Short at 0.6928
   Objective:
   Stop-Loss:
   Resistance: 0.6888/0.6911/0.6933
   Support: 0.6849/0.6839/0.6800
INTRA-DAY AUD/USD OUTLOOK - +0.6863+
Update Time: 20 Jan 2020 11:00GMT
INTRA-DAY AUD/USD OUTLOOK - +0.6863+

Aud's intra-day firm break of Fri's 0.6871 (NY)
low in Europe suggests re-test of Jan's near 3-week
trough at 0.6849 wud be seen after consolidation,
below wud extend decline fm Dec's 5-month peak at
0.7031 to 0.6821/25 later today.

Trade fm short side for 0.6863 n exit on subse-
quent fall. Only abv 0.6888 may risk 0.6905/10.


   Rate: +0.6863+
   Strategy: +Target met+
   Position: Short at 0.6903
   Objective: 0.6863
   Stop-Loss:
   Resistance: 0.6888/0.6911/0.6919
   Support: 0.6849/0.6839/0.6800
DAILY EUR/GBP CROSS OUTLOOK - +0.8547+
Update Time: 20 Jan 2020 07:30GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.8547+

Despite resumption of decline fm last Tue's 7-
week high of 0.8596 to as low as 0.8488 (Europe) on
Fri, subsequent bounce to 0.8532, then 0.8546 today
suggests 1st leg of correction over n gain twd 0.85
62 is envisaged but 0.8578/82 wud remain intact.

Hold long for 0.8555 (61.8% r) next n only below
0.8500/05 risks re-test of 0.8488.


   Rate: +0.8547+
   Strategy: +Exit long+
   Position: Long at 0.8505
   Objective:
   Stop-Loss:
   Resistance: 0.8562/0.8578/0.8596
   Support: 0.8527/0.8505/0.8488
INTRA-DAY EUR/GBP OUTLOOK - +0.8545+
Update Time: 20 Jan 2020 06:38GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8545+

Although euro has retreated after Fri's rally fm
0.8488 to 0.8532 on downbeat UK retail sales data,
subsequent rebound fm 0.8505 (NY) n intra-day break
abv said res to 0.8544 in Asia suggests price wud
head twd 0.8562 b4 correction.

Trade fm long side for this move but 0.8562/65
wud cap upside. Below 0.8527 may risk 0.8500.


   Rate: +0.8545+
   Strategy: +Target met+
   Position: Long at 0.8515
   Objective: 0.8545
   Stop-Loss:
   Resistance: 0.8562/0.8578/0.8596
   Support: 0.8527/0.8488/0.8480
DAILY GBP/JPY CROSS OUTLOOK - +142.95+
Update Time: 19 Jan 2020 23:29GMT
DAILY GBP/JPY CROSS OUTLOOK - +142.95+

Fri's fall fm 144.52 to 143.28 suggests correct-
ive rise fm Jan's 1-month 140.86 low has ended n
weakness to 142.95 is seen but 142.67/69 shud hold.

Trade fm short side for 142.95 1st n only abv
143.84 (NY) dampens bearishness, risks 144.25/29.


   Rate: +142.95+
   Strategy: +Target met+
   Position: Short at 143.75
   Objective: 142.95
   Stop-Loss: Short at 143.75
   Resistance: 143.84/144.29/144.52
   Support: 142.91/142.67/142.37
DAILY GBP/USD OUTLOOK - +1.3013+
Update Time: 18 Jan 2020 01:50GMT
DAILY GBP/USD OUTLOOK - +1.3013+

Despite cable's intra-day rally to 1.3120 due to
cross-buying in sterling, subsequent selloff on
downbeat UK retail sales to 1.3027 suggests correct
ive rise fm Jan's 1.2955 low has ended n downside
bias remains for weakness to 1.3010/13.

Trade fm short side for this move but 1.2985 may
hold today. Only abv 1.3083 risks gain to 1.3110/20


   Rate: +1.3013+
   Strategy: +Target met+
   Position: Short at 1.3093
   Objective: 1.3013
   Stop-Loss:
   Resistance: 1.3066/1.3098/1.3123
   Support: 1.3027/1.2985/1.2955
INTRA-DAY GBP/USD OUTLOOK - +1.3010+
Update Time: 18 Jan 2020 01:49GMT
INTRA-DAY GBP/USD OUTLOOK - +1.3010+

Cable's selloff in Europe fm 1.3120 to as low as
1.3036, then 1.3017 in NY on poor UK retail sales
data suggests corrective rise Tue's 2-week low at
1.2955 has ended n consolidation with downside bias
remains for weaknss to 1.3010, then twd 1.2985.

Trade fm short side for this move n only abv
1.3161/66 dampens bearishness, risks 1.3083/88.


   Rate: +1.3010+
   Strategy: +Target met+
   Position: Short at 1.3050
   Objective: 1.3010
   Stop-Loss:
   Resistance: 1.3066/1.3083/1.3098
   Support: 1.3001/1.2985/1.2955
DAILY EUR/USD OUTLOOK - +1.1100+
Update Time: 17 Jan 2020 13:45GMT
DAILY EUR/USD OUTLOOK - +1.1100+

Despite resumption of nr term rise fm last Fri's
2-week low at 1.1086 to retrace decline fm Dec's 4-
1/2 month peak at 1.1239 to 1.1172 Thur, subsequent
retreat to 1.1129 signals recovery is over, below
wud head to 1.1100, reckon 1.1086 wud hold today.

Trade fm short side for this move n only break
of 1.1172 may risk gain twd 1.1206.


   Rate: +1.1100+
   Strategy: +Target met+
   Position: Short at 1.1170
   Objective: 1.1100
   Stop-Loss:
   Resistance: 1.1129/1.1146/1.1172
   Support: 1.1086/1.1067/1.1041
INTRA-DAY EUR/USD OUTLOOK - +1.1121+
Update Time: 17 Jan 2020 10:45GMT
INTRA-DAY EUR/USD OUTLOOK - +1.1121+

Euro's selloff y'day fm 1.1172 to 1.1129 signals
corrective rise fm last Fri's 2-week trough at 1.10
86 has ended there n consolidation with downside
bias remains for weakness to 1.1105 later but said
sup shud remain intact n yield rebound.

Trade fm short side for 1.1121 1st n only abv
1.1172 wud risk gain to 1.1189.


   Rate: +1.1121+
   Strategy: +Target met+
   Position: Short at 1.1161
   Objective: 1.1121
   Stop-Loss:
   Resistance: 1.1172/1.1189/1.1206
   Support: 1.1119/1.1105/1.1086
INTRA-DAY GBP/USD OUTLOOK - +1.3046+
Update Time: 17 Jan 2020 09:38GMT
INTRA-DAY GBP/USD OUTLOOK - +1.3046+

Cable's current selloff fm 1.3120 (Reuters) on
poor UK retail sales data suggests recent rise fm
1.2955 has made a temp. top there n consolidation
with downside bias remains for weakness to 1.3065,
then 1.3040/45 b4 prospect of rebound.

Sell at market for this move n only abv 1.3120
wud risk stronger gain to 1.3140/50.


   Rate: +1.3046+
   Strategy: +Target met+
   Position: +Short at 1.3086+
   Objective: 1.3046
   Stop-Loss:
   Resistance: 1.3123/1.3140/1.3169
   Support: 1.3065/1.3026/1.2985
INTRA-DAY EUR/GBP OUTLOOK - +0.8530+
Update Time: 16 Jan 2020 15:38GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8530+

Euro's intra-day break of y'day's low at 0.8538
signals decline fm Tue's 1-1/2 month peak at 0.8596
has resumed n further weakness to 0.8527 wud be
seen, however, loss of momentum wud keep price abv
0.8506/10 n yield rebound later.

Trade fm short side for 0.8530 1st n only abv
0.8578 wud risk stronger gain to 0.8596.


   Rate: +0.8530+
   Strategy: +Target met+
   Position: Short at 0.8560
   Objective: 0.8530
   Stop-Loss:
   Resistance: 0.8578/0.8596/0.8605
   Support: 0.8527/0.8506/0.8480
INTRA-DAY USD/CHF OUTLOOK - +0.9615+
Update Time: 16 Jan 2020 13:13GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9615+

Dlr's intra-day break of Wed's fresh 15-month
trough at 0.9631 to 0.9623 sigals MT downtrend re-
mains in force n wud head to 0.9610/15 after conso-
lidation, 'loss of momentum' is expected to keep
price abv projected sup at 0.9595.

Trade fm short side for this move n only firm
rise abv 0.9650 (Europe) risks retrace. twd 0.9666.


   Rate: +0.9615+
   Strategy: +Target met+
   Position: Short at 0.9650
   Objective: 0.9615
   Stop-Loss:
   Resistance: 0.9650/0.9666/0.9680
   Support: 0.9623/0.9595/0.9575
INTRA-DAY USD/CHF OUTLOOK - +0.9715+
Update Time: 13 Jan 2020 13:50GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9715+

Although dlr retreat fm 0.9762 to 0.9721 (NY) on
Fri suggests 1st leg of correction fm Dec's 15-mth
trough at 0.9647 has ended, intra-day sideways trad
ing is likely to continue b4 marginal weakness to
0.9712/15 but 0.9693 shud hold fm here.

Trade fm short side for 0.9715 n buy there for
day trade. Abv 0.9743/47 may risk gain twd 0.9762.


   Rate: +0.9715+
   Strategy: +Target met+
   Position: Short at 0.9755
   Objective: 0.9715
   Stop-Loss:
   Resistance: 0.9747/0.9762/0.9771
   Support: 0.9712/0.9693/0.9666
INTRA-DAY EUR/USD OUTLOOK - +1.1130+
Update Time: 13 Jan 2020 04:24GMT
INTRA-DAY EUR/USD OUTLOOK - +1.1130+

Despite euro's resumption of decline fm Dec's
4-1/2 month peak at 1.1239 to a 2-week bottom at
1.1086 on Fri, subsequent rebound to 1.1129 on soft
U.S. jobs data suggests temp. low made n retrace.
twd 1.1134 wud be seen after consolidation.

For st trade, hold long for 1.1130 but 1.1168
shud cap upside. Below 1.1100 risks 1.1086, 1.1067.


   Rate: +1.1130+
   Strategy: +Target met+
   Position: Long at 1.1095
   Objective: 1.1130
   Stop-Loss:
   Resistance: 1.1134/1.1168/1.1206
   Support: 1.1086/1.1067/1.1041
 

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