AceTraderFx Apr 21: Intra-Day News and Views – GBP /USD
Intra-Day Market Moving News and Views
Update Time: 21 Apr 2022 05:30GMT
GBP/USD OUTLOOK - 1.3052
Cable’s rally from Tuesday’s low at 1.2981 to 1.3070 in New York yesterday in tandem with euro indicates further choppy trading above last Wednesday’s 17-month bottom at 1.2973 would continue with upside bias, loss of momentum would prevent strong gain n reckon 1.3100 would hold.
Intra-day retreat from 1.3073 (AUS) would bring range trading before up and only below 1.3033 risks 1.2996/00.
AceTraderFx Apr 22: Intra-Day News and Views–USD/CHF
Intra-Day Market Moving News and Views
Update Time: 22 Apr 2022 05:30GMT
USD/CHF OUTLOOK - 0.9535
Dlr’s rally in Europe from 0.9458 and subsequent break of Wednesday’s 21-month 0.9536 high to 0.9553 (New York) on broad-based usd’s strength suggests recent strong uptrend would head towards 0.9580 after consolidation, o/bot condition may cap price below 0.9609 today.
Raise long entry to 0.9530 for 0.9570 and only below 0.9495/00 risks retracement to 0.9480.
AceTraderFx Apr 25: Intra-Day News and Views– EUR/USD
Intra-Day Market Moving News and Views
Update Time: 25 Apr 2022 05:30GMT
EUR/USD OUTLOOK - 1.0785
Euro’s higher open in thin Mon trading to 1.0840 on news of election win by French President Macron after selloff from 1.0936 (Thurday) to 1.0771 Fri signals choppy swings above April’s near 2-year 1.0758 low would continue, present fall may head towards 1.0758 later.
Sell again on recovery to 1.0800 for 1.0760 and only above 1.0840 may risk gain to 1.0850/60.
AceTraderFx Apr 26: Intra-Day News and Views– USD/JPY
Intra-Day Market Moving News and Views
Update Time: 26 Apr 2022 05:30GMT
USD/JPY OUTOOK - 127.80
D lr’s intra-day rally from 127.35 in tandem with US yields suggests erratic fall from last Wednesday’s near 20-year peak at 129.40 has possibly made a low and consolidation with upside bias remains for further gain, above 128.22 (AUS), 128.45/49 later.
Turn cautious buyer on dips for 128.20 1st and only below 127.47/50 may risk re-test of 127.35.
AceTraderFx Apr 27: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 27 Apr 2022 05:30GMT
USD/CHF OUTLOOK - 0.9636
Dlr’s intra-day firm break of Tuesday’s 22-month top at 0.9628 (New York) suggests recent uptrend would extend to 0.9660 after consolidation, however, loss of momentum may prevent strong rise above 0.9372 in Europe and risk has increased for a minor correction later.
Remain as cautious buyer on pullback for 0.9660 and only below 0.9598/03 signals temp. top, 0.9580.
AceTraderFx Apr 28: Intra-Day News and Views– GBP/USD
Intra-Day Market Moving News and Views
Update Time: 28 Apr 2022 05:30GMT
GBP/USD OUTLOOK - 1.2518
Despite staging a short-covering bounce from Wednesday’s fresh 21-month trough of 1.2502 to 1.2573 in New York, cable’s intra-day renewed usd’s strength due to yen weakness suggests re-test of 1.2502 would be seen, a break of 1.2500 would extend decline to 1.2480.
Turn short on pullback to 1.2540 for 1.2500 1st and only above 1.2573 may risk retrace. to 1.2595/00.
AceTraderFx Apr 29: Intra-Day News and Views– EUR/USD
Intra-Day Market Moving News and Views
Update Time: 29 Apr 2022 06:30GMT
EUR/USD OUTLOOK - 1.0543
Euro’s intra-day firm break of New York high at 1.0531 at European open after resumption of downtrend to a fresh 5-year trough of 1.0472 (New York) Thur confirms temp. low has been made and upside bias remains for a correction to 1.0564, above 1.0586 later today.
Turn long on dips for 1.0565 but 1.0600/05 would cap upside.
Only below 1.0592 (AUS) risks 1.0472.
AceTraderFx May 03: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 03 May 2022 05:30GMT
USD/CHF OUTLOOK - 0.9785
Dlr’s intra-day break of Thursday’s fresh 22-month 0.9758 high to 0.9789 in New York due to continued usd’s strength suggests Long Term uptrend would head to 0.9802, then towards 0.9848, loss of momentum should cap price below 0.9855/59 and yield minor correction later.
Buy again for this move n only below 0.9715/20 signals temp. top made, risks 0.9700/03, 0.9672.
AceTraderFx May 04: Intra-Day News and Views– USD/JPY
Intra-Day Market Moving News and Views
Update Time: 04 May 2022 05:30GMT
USD/JPY OUTOOK - 130.14
Despite dlr’ daily choppy swings following strong rebound from 129.33 (Friday) to 130.47 on Monday, yesterday’s intra-day rise from 129.71 to 130.20 in tandem with US yields suggests upside bias remains, above 130.47 signals correction from 131.24 has ended, 130.60/70.
Trade from long side for 130.38 after consolidation n only below 129.71 risks 129.62, break, 129.32
AceTraderFx May 05: Intra-Day News and Views– GBP /USD
Intra-Day Market Moving News and Views
Update Time: 05 May 2022 05:30GMT
GBP/USD OUTLOOK - 1.2875
Although cable’s retreat from yesterday’s 1-week high of 1.2638 in post-FOMC New York suggests upmove from last Thursday’s 21-month trough at 1.2412 has made a temporary top and choppy swings are in store in Europe, as long as 1.2567 holds, one more rise is envisaged.
Remain as cautious buyer for 1.2635 and only firm break below 1.2567 may risk weakness to 1.2532/37.
AceTraderFx May 06: Intra-Day News and Views– USD/JPY
Intra-Day Market Moving News and Views
Update Time: 06 May 2022 05:30GMT
USD/JPY OUTOOK - 130.65
Dlr’s cross-inspired rally in Asia Friday in tandem with U.S. yields and then break of Thursday’s 130.55 top (New York) to 130.80 suggests correction from April’s 131.24 has ended at 128.64 (Wednesday) and gain to 131.00 is now envisaged, reckon 131.24 should cap upside in Europe.
Intra-day pullback would bring minor range trading before up and only below 130.25/25 may risk 130.00/05.
AceTraderFx May 10: Intra-Day News and Views– EUR/USD
Intra-Day Market Moving News and Views
Update Time: 10 May 2022 05:30GMT
EUR/USD OUTLOOK - 1.0576
Despite euro’s rise on Monday from 1.0496 (Europe) to 1.0572 at New York open and then brief but sharp retreat to 1.0517 and then rally to 1.0592, subsequent retreat on renewed safe-haven usd’s buying on selloff in US stocks suggests consolidation with downside bias.
Intra-day firmness in Asia may head to 1.0585/90 and only above 10592 risks 1.0600. Below 1.0540, 1.0517.
AceTraderFx May 11: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 11 May 2022 07:30GMT
USD/CHF OUTLOOK - 0.9927
Dlr’s cross-inspired retreat from Tuesday’s fresh 2-year peak of 0.9975 to 0.9907 (New York) signals recent strong uptrend has made a temp. top n despite a re-bound to 0.9965 (AUS), present retreat in Europe would bring sideways swings before another rise later.
Buy again on dips but above 0.9975 needed to head to 0.9990/95 n only below 0.9890/94 risks 0.9864.
AceTraderFx May 12: Intra-Day News and Views– GBP /USD
Intra-Day Market Moving News and Views
Update Time: 12 May 2022 05:30GMT
GBP/USD OUTLOOK - 1.2221
As cable’s intra-day ‘wild’ ride in post-US CPI New York had ended with price tumbling from session highs of 1.2400 in New York morning to a fresh 22-month trough of 1.2238, suggesting recent downtrend would head to next target at 1.2219 but reckon 1.2172 would hold.
Present recovery after brief drop to 1.2211 would bring range trading before down.
Above 1.2278, 1.2292/95.
AceTraderFx May 13: Intra-Day News and Views– USD/JPY
Intra-Day Market Moving News and Views
Update Time: 13 May 2022 05:30GMT
INTRA-DAY USD/JPY OUTOOK - 129.01
Dlr’s intra-day rally in tandem with U.S. yields strongly suggests 1st leg of correction from Apr’s 20 -year peak at 131.34 has ended yesterday at 127.53 (New York) n upside bias remains for gain to 129.46, above would encourage for further headway to 129.65/70 later.
Present pullback from 129.36 would bring range trading before up and only below 128.80 may risk 128.47/50.
AceTraderFx May 16: Intra-Day News and Views– EUR/USD
Intra-Day Market Moving News and Views
Update Time: 16 May 2022 05:30GMT
EUR/USD OUTLOOK - 1.0397
Although euro’s short-covering rebound from Friday’s fresh 5-year trough at 1.0350 in NY morning signals a temporary bottom has been made and range trading is in store in Asia, as long as 1.0419 holds, bearishness remains for test of 2017 bottom at 1.0341.
Present retreat from 1.0416 may head back to 1.0350/60 n only above 1.0419 would risk 1.0440/44 later.
AceTraderFx May 17: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 17 May 2022 05:30GMT
USD/CHF OUTLOOK - 1.0019
Dlr’s intra-day retreat from Monday’s fresh near 3-year peak of 1.0064 to 1.0008 in New York due to broad-based usd’s retreat on profit taking signals recent strong uptrend has made a temp. top n below 1.0008 would bring stronger retracement to 0.9993, 0.9975.
Lower short entry to 1.0030 for 0.9990 but 0.9975 support would hold.
Only above 1.0049 risks 1.0064.
AceTraderFx May 18: Intra-Day News and Views– GBP/USD
Intra-Day Market Moving News and Views
Update Time: 18 May 2022 05:30GMT
GBP/USD OUTLOOK -1.2460
Tuesday’s rally to an 11-day high at 1.2498 ahead of New York open due to upbeat UK jobs report suggests corrective upmove from last Friday’s 23-month 1.2156 trough would head towards 1.2518 after consolidation, near term loss of momentum would cap price below 1.2535 today.
Present retreat from 1.2501 (Asia) would yield choppy swings before up and only below 1.2412 risks 1.2385/90.
AceTraderFx May 19: Intra-Day News and Views– USD/JPY
Intra-Day Market Moving News and Views
Update Time: 19 May 2022 05:30GMT
USD/JPY OUTOOK - 128.90
Although dlr’s cross-inspired sharp fall from 129. 77 (Tuesday) to 128.02 in New York on safe-haven yen buying, then 127.90 today suggests correction from last wk’s 127.53 bottom has ended, intra-day rally would bring choppy swings and may yield 129.06, break, 129.30/34.
Stand aside as below 128.35/40 needed to signal top n bring weakness to 128.00/10 later.
AceTraderFx May 20: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 20 May 2022 05:30GMT
USD/CHF OUTLOOK - 0.9707
Dlr has finally stabilised after yesterday’s selloff from 0.9888 (AUS) to as low as 0.9698 in New York due to active safe-haven chf buying on global stock market rout and range trading is seen in Asia, reckon 0.9760 /70 would cap upside n yield weakness towards 0.9672.
Sell at 0.9735 for 0.9695 or buy at 0.9675 for 0.9715.
Only above 0.9750/55 may risk 0.9778/81.