AceTraderFx July 21: Intra-Day News and Views– GBP /USD
Intra-Day Market Moving News and Views
Update Time: 21 July 2022 05:30GMT
INTRA-DAY GBP/USD - 1.1984
Cable’s intra-day decline fm 1.2037 in Europe to 1.1954 in New York afternoon due to broad-based rebound in usd and tandem with US yields suggests 1st leg of correction from July’s 1.1761 trough has ended at 1.20 45 (Tuesday), below 1.1954 would head back towards 1.1926.
Sell again on recovery to 1.2000 for 1.1960 after range trading and only above 1.2020 risks 1.2037.
AceTraderFx July 22: Intra-Day News and Views– EUR/USD
Intra-Day Market Moving News and Views
Update Time: 22 July 2022 05:30GMT
INTRA-DAY EUR/USD OUTLOOK - 1.0188
As euro has risen in late New York due to broad-based weakness in usd on selloff in U.S. yields after intra-day brief but sharp fall from Thursday’s 2-week top of 1.0278 to 1.0155 in hectic post-ECB New York, ‘choppy’ trading with mild upside bias is seen in Europe.
Intra-day retreat may head back to 1.0176/80, be low would risk weakness towards 1.0155.
Stand aside.
AceTraderFx July 25: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 25 July 2022 05:30GMT
INTRA-DAY USD/CHF - 0.9630
As 0.9640 has capped dlr’s recovery from Friday’s 2- 1/2 week low at 0.9601, daily bearishness remains, below 0.9601 would extend recent decline from July’s near 1-month peak at 0.9886 to 0.9580/85, loss of momentum should keep price above 0.9563 in Europe.
Present retreat from 0.9645 in Asia has retained daily bearishness and only above 0.9655/59 risks 0.9670
AceTraderFx July 26: Intra-Day News and Views– EUR/USD
Intra-Day Market Moving News and Views
Update Time: 26 July 2022 04:30GMT
INTRA-DAY EUR/USD - 1.0230
Although euro’s erratic rise from 1.0131 (Friday) to 1.0257 in New York morning yesterday suggests pullback from Thursday’s 2-week high at 1.0278 has ended, intra-day retreat from 1.0250 would bring further sideways swings in Europe before up, above 1.0257, 1.0278, then 1.0300.
Look to buy again on dips to 1.0200 as 1.0180 (Monday low) should remain intact and yield another rise.
AceTraderFx July 27: Intra-Day News and Views– USD/JPY
Intra-Day Market Moving News and Views
Update Time: 27 July 2022 06:30GMT
INTRA-DAY USD/JPY - 136.88
Dlr’s intra-day break of European 136.83 to 136. 97 in later New York suggests corrective rise from Friday’s 2- month trough at 135.58 has resumed, however, o/bot condition would prevent strong gain above 137.03 and yield decline later today, below 136.55/60, 135.29.
As 137.14 has capped rebound, remain as cautious seller, below 136.81, 136.52/57.
Above 137.14, 137.39
AceTraderFx July 28: Intra-Day News and Views– GBP /USD
Intra-Day Market Moving News and Views
Update Time: 28 July 2022 05:30GMT
INTRA-DAY GBP/USD - 1.2160
Despite intra-day fall from 1.2087 (Europe) to 1.2021 in New York morning, subsequent rally above Tuesday’s 1.2090 top to a 4-week peak of 1.2187 due to less hawkish comments by Fed’s Powell suggests recent rise from Jul’s 1.1761 low would head to 1.2200/30.
Present retreat from 1.2186 would bring choppy swings before up n only below 1.2140/43 risks 1.2120/25.
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AceTraderFx July 29: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 29 July 2022 05:30GMT
INTRA-DAY USD/CHF - 0.9518
Dlr’s has remained under pressure after intra- day selloff ahead of New York open Thursday from 0.9633 to a near 4-week trough of 0.9545 following hawkish comments by SNB and -ve US GBP, suggesting re-test of Jun’s 2-month bottom at 0.9496 would be seen later.
Lower short entry to 0.9540 for 0.9496/00, below , 0.9475/80.
Only above 0.9560/65 risks 0.9579.
AceTraderFx Aug 02: Intra-Day News and Views– USD/JPY
Intra-Day Market Moving News and Views
Update Time: 02 Aug 2022 05:30GMT
INTRA-DAY USD/JPY OUTOOK - 130.75
Although dlr has fallen sharply at Tokyo open after penetrating Monday’s 7-week low at 131.61 (New York) to 130.61 in Asia, suggesting recent heavy unwinding of short yen positions may continue and pressure price to 130.30, reckon 130.00 would hold from here.
Intra-day recovery from 130.42 would yield range trading before down and only above 131.10/20 risks 131.60/65.
AceTraderFx Aug 03: Intra-Day News and Views– GBP /USD
Intra-Day Market Moving News and Views
Update Time: 03 Aug 2022 05:30GMT
INTRA-DAY GBP/USD OUTLOOK - 1.2181
Yesterday’s selloff from 1.2279 (Asia) to 1.2158 near New York close on renewed usd’s strength due to rally in US yields following hawkish Fed speak and present break of said o/n low suggests recent upmove has made a top at Monday’s 1-month high at 1.2293.
Current bounce from 1.2136 would bring range trading before down and only above 1.2200/05 risks 1.2220/25 later.
AceTraderFx Aug 04: Intra-Day News and Views– EUR/USD
Intra-Day Market Moving News and Views
Update Time: 04 Aug 2022 05:30GMT
INTRA-DAY EUR/USD - 1.0164
Although euro’s selloff frrom Tuesday’s near 4-week top at 1.0293 to as low as 1.0124 in New York morning after upbeat US data confirms recent upmove has possibly ended there, subsequent short-covering rebound may head back to 1.0195/00 befrore prospect of another fall.
For short term trade, turn long at 1.0140 for 1.0180 or sell at 1.0195 for 1.0155.
Below 1.0124, 1.0097/00.
AceTraderFx Aug 05: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 05 Aug 2022 05:30GMT
INTRA-DAY USD/CHF - 0.9564
Despite dlr’s rally from Tuesday’s 3-month trough at 0.9472 to 0.9652 (Wed), subsequent sharp fall to 0.9544 in New York yesterday, then intra-day break there suggests at least 1st leg of correction is over and down side bias remains for weakness to 0.9506/10.
Intra-day recovery from 0.9540 would bring range trading before down n only above 0.9594 risks 0.9624.
AceTraderFx Aug 08: Intra-Day News and Views– GBP /USD
Intra-Day Market Moving News and Views
Update Time: 08 Aug 2022 05:00GMT
INTRA-DAY GBP/USD - 1.2074
Although cable’s short-covering rebound from a 9- day low in post-NFP New York suggests a temp. bottom is made, as 1.2093 has capped rebound, bearishness is retained for decline from August’s 1-month peak at 1.22 93 to resume, below 1.2035/40, 1.2004 later.
Intra-day rise from 1.2048 would yield sideways trading before down.
Only above 1.2095/00 risks 1.2125/30.
AceTraderFx Aug 09: Intra-Day News and Views– USD/JPY
Intra-Day Market Moving News and Views
Update Time: 09 Aug 2022 05:30GMT
INTRA-DAY USD/JPY - 134.84
Despite dlr’s cross-inspired decline from Monday’s 10-day peak of 135.57 (Asia) to as low as 134.37 on retreat in US yields and broad-based usd’s weakness after Friday’s rally, subsequent rebound has retained daily bullishness, above 135.11 (New York high), 135.30/40.
As 134.68 has contained cross-inspired retreat in Asia, hold long and only below 134.54/57 risks 134.37
AceTraderFx Aug 10: Intra-Day News and Views– EUR/USD
Intra-Day Market Moving News and Views
Update Time: 10 Aug 2022 06:30GMT
INTRA-DAY EUR/USD - 1.0209
Although euro’s erratic rise from 1.0142 (Friday) to 1.0221 Monday, then gain to 1.0247 in New York morning yesterday suggests ‘choppy’ trading inside recent 1.0293-1.01 24 broad range would continue, subsequent retreat to 1.0204 has retained daily downside bias for 1.0185.
Sell again on recovery for this move, below would extend towards 1.0160.
Only above 1.0253 risks 1.0270/75.
AceTraderFx Aug 11: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 11 Aug 2022 05:30GMT
INTRA-DAY USD/CHF - 0.9438
Although dlr’s rebound on short covering after intra-day selloff on soft US CPI to a near 4-month trough of 0.9394 would bring range trading in Europe, as long as 0.9450/52 holds, downside bias remains for weakness to 0.9385, then 0.9355 later today.
Stand aside as below 0.9405/10 needed for a re- test of 0.9394, break, 0.9365/70.
AceTraderFx Aug 12: Intra-Day News and Views– GBP /USD
Intra-Day Market Moving News and Views
Update Time: 12 Aug 2022 05:30GMT
INTRA-DAY GBP/USD - 1.2192
Cable’s erratic rise from yesterday’s low at 1.2283 (Asia) to 1.2249 in New York morning n subsequent strong retreat on selling in eur/gbp cross suggests choppy swings below Wednesday’s 1-week high at 1.0277 would continue, as long as 1.2175 holds, another rise likely.
Remain as cautious buyer for 1.2235 but above 1.22 49 needed for 1.2277.
Below 1.2165/70 risks 1.2137.
AceTraderFx Aug 15: Intra-Day News and Views– USD/JPY
Intra-Day Market Moving News and Views
Update Time: 15 Aug 2022 05:30GMT
INTRA-DAY USD/JPY - 133.19
Although dlr’s rally from 131.74 (Thursday) in tandem with US yields to 133.89 Friday suggests recent fall from last Monday’s peak at 135.57 has made a low, subsequent strong retreat to 132.92 in Asia would bring consolidation with downside bias, below 132.92, 132.62
As 133.36 has capped recovery, sell at 133.30 for 132.80 but 132.04 would hold.
Above 133.59, 133.89.
AceTraderFx Aug 16: Intra-Day News and Views– EUR/USD
Intra-Day Market Moving News and Views
Update Time: 16 Aug 2022 05:30GMT
INTRA-DAY EUR/USD - 1.0160
Although euro has stablised after resumption of decline from last Wed’s 5-week peak of 1.0368 to a 1- week trough of 1.0155 in New York afternoon yesterday due to broad-based usd’s strength and present recovery from 1.0148 may head to 1.0180/85 before ‘another’ fall.
Sell on further rise to 1.0180 for 1.0140, reckon 1.0124 would hold.
Above 1.0200 risks 1.0220/23.
AceTraderFx Aug 17: Intra-Day News and Views– USD/CHF
Intra-Day Market Moving News and Views
Update Time: 17 Aug 2022 05:30GMT
INTRA-DAY USD/CHF - 0.9493
Dlr’s intra-day rally on Tuesday from 0.9455 (Asia) to 0.9514 in New York morning suggests recent downtrend has made a low at last Thursday’s near 4-month trough at 0.9372 and as 0.9483 has contained subsequent pull- back, upside bias is retained for gain to 0.9530.
Trade from long side for this move but 0.9550 may hold in Europe and only below 0.9471 risks 0.9450/55.
AceTraderFx Aug 18: Intra-Day News and Views– GBP /USD
Intra-Day Market Moving News and Views
Update Time: 18 Aug 2022 05:30GMT
INTRA-DAY GBP/USD - 1.2037
Despite cable’s spike up to 1.2143 (Europe) Wednesday after UK inflation data, subsequent erratic fall to 1.2028 on cross-selling vs euro suggests recovery from 1.2008 (Tuesday) has ended there n below 1.2028 would pressure price to 1.2004/08 after consolidation.
As 1.2087 in post-Fed mins New York has capped rebound , hold short n only above 1.2095 may risk 1.2114/18.