AceTraderFx: Intra-Day Market Moving News and Views

AceTRaderForex

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AceTraderFx Feb 18: Daily Recommendations on Major –USD/JPY

flag_yen.gif DAILY MARKET OUTLOOK on Major

Update Time: 18 Feb2022 09:30GMT

USD/JPY - 115.12
Despite dollar's selloff from last Thursday's 5-week high of 116.33 to as low as 115.02 (Fri), then break there to 114.85 in New York on safe-haven yen buying yesterday, intra-day rebound from 114.80 on de-escalation of Russia-Ukraine tension signals pullback from 116.33 has ended and consolidation with upside bias remains for 115.87 later.

On the downside, only a daily close below 114.80 would risk one more fall to 114.56/60.
 

AceTRaderForex

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AceTraderFx Feb 21: Intra-Day News and Views & data to be released today – USD/JPY

Intra-Day Market Moving News and Views

Update Time: 21 Feb2022 05:30GMT

USD/JPY - 114.98.. The pair swung broadly sideways in Asian on Monday after staging a rebound ffom Friday's near 2-week trough of 114.80 (Asia) to 115.29 in Europe before retreating to 114.98 in New York as Russia-Ukraine tension pressured U.S. stocks n pushed US yields lower.

Although price rebounded from 114.88 (AUS) to 115.12 on positive Ukraine news (see early updates for details) suggests choppy trading abv 114.80 would continue, consolidation with downside bias remains for erratic fall fm Feb's 116.33 peak to head twd projected target at 114.56 later today.
Offers are tipped at 115.10/20 with stops touted abv 115.30 while bids are noted at 114.85/80 with stops reported below 114.75.

Data to be released next week :
New Zealand imports, trade balance, exports, Australia manufacturing PMI, services PMI.
U.K. Rightmove house price, Japan Jibun bank manufacturing PMI, China house prices, Germany producer prices, Markit manufacturing PMI, Markit services PMI, France Markit manufacturing PMI, Markit services PMI, EU Markit manufacturing PMI, Markit services PMI, U.K. Markit manufacturing PMI and Markit services PMI.
U.S. Market Holiday and Canada Market Holiday on Monday.
 

AceTRaderForex

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AceTraderFx Feb 22: Intra-Day News and Views & data to be released today –EUR/USD

Intra-Day Market Moving News and Views

Update Time: 22 Feb 2022 05:30GMT

EUR/USD - 1.1299.. Euro remains under pressure in hectic Asian trading on Tue after y'day's roller-coaster ride ended with price falling fm 1.1390 (Europe) to as low as 1.1307 in holiday-thinned N. American afternoon as heightening geo-political tensions in Ukraine (see MMN) led to broad-based euro selling vs usd, yen, chf n gbp.

Despite initial break of 1.1307 low to 1.1297 in Australia on stop-selling, price briefly bounced on short covering to 1.1319 in early Asian morning but only to succumb to another round of euro selling at Tokyo lunch break, suggesting re-test of last week's 1.1281 low would be forthcoming next, break there would extend decline fm Feb's near 3-month peak at 1.1495 to 1.1268, then later twd 1.1222.
Offers are tipped at 1.1315/25 with stops touted abv 1.1350 while bids are noted at 1.1290-80 (profit taking) with stops reported below 1.1280.

The euro area countries will release a slew of data, please refer to our EI page for details. Pay attention to German Ifo data but Russia n Ukraine news will take centre stage.
 

AceTRaderForex

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AceTraderFx Feb 24: Intra-Day News and Views –USD/CHF

Intra-Day Market Moving News and Views

Update Time: 24 Feb2022 05:30GMT

USD/CHF OUTLOOK - 0.9186
Despite dlr's early brief buy strong rebound from Monday's near 4-week trough of 0.9151 to 0.9228 (Tuesday), yesterday's fall from 0.9219 (Europe) to 0.9169 in New York due to safe-haven CHF buying on renewed Ukraine tension (see our MMN) would re-test 0.9151, below, 0.9132/37.

Remain as cautious seller for 0.9140 after consolidation and only abover 0.9200/05 may risk 0.9219.
 

AceTRaderForex

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AceTraderFx Feb 25: Intra-Day News and Views –USD/CHF

Intra-Day Market Moving News and Views

Update Time: 25 Feb2022 05:30GMT

USD/CHF - 0.9235
Despite Thursday's impressive rally from 0.9173 (Asia) to a 2-week high of 0.9289 in New York, subsequent retreat to 0.9244 due to broad-based usd's decline on rebound in US stocks suggests range trading would be seen Asia before upmove from 0.9151 (Monday) heads to 0.9297.

Remain as cautious buyer for 0.9280 1st as only a firm break of 0.9228 risks 0.9211/16.
 

AceTRaderForex

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AceTraderFx Feb 28: Intra-Day News and Views– USD/JPY

Intra-Day Market Moving News and Views

Update Time: 28 Feb2022 05:30GMT

USD/JPY- 115.51
Despite usd's intra-day gap-down open to 115.02 on yen buying due to escalating fighting in Ukraine and Russia's tension (see MMN), present rebound has retained daily upside bias, above 115.76 would extend rise from Thur's 2-week 114.42 low to 115.87, 116.00.

Lower long entry to 115.40 for 115.75 1st n only below 115.00/02 risks stronger retrace. to 114.80.
 

AceTRaderForex

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AceTraderFx Mar 01: Intra-Day News and Views– USD/JPY

Intra-Day Market Moving News and Views

Update Time: 01 Mar 2022 05:30GMT

USD/JPY OUTOOK - 115.17
Dlr's intra-day selloff from Mon's 8-day high of 115.77 (AUS) to as low as 114.87 in New York afternoon due to broad-based usd's weakness signals near term rise from last Thur's 2-week trough at 114.42 has end ed n below 114.80 may extend decline to 114.55/60.

As 115.28 has capped rebound in Asia, hold short for 114.75 and only above 115.40/45 risks 115.65/70.
 

AceTRaderForex

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AceTraderFx Mar 02: Intra-Day News and Views – EUR/USD

Intra-Day Market Moving News and Views

Update Time: 02 Mar2022 05:30GMT

EUR/USD OUTLOOK - 1.1121
Although euro has finally recovered after intra- day fall fm 1.1233 (Europe) on broad-based euro selling n subsequent break of previous Feb's 1.1107 low to a 21-month trough of 1.1091 in NY, bearish- ness remains for price to head twd 1.1050 target.

Sell again on marginal rise to 1.1140 for 1.1100 1st n only abv 1.1180 signals temp. low is made.
 

AceTRaderForex

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AceTraderFx Mar 03: Intra-Day News and Views & data to be released today – USD/CHF

Intra-Day Market Moving News and Views

Update Time: 03 Mar 2022 05:30GMT

USD/CHF OUTLOOK - 0.9209
Dlr's erratic rise from 0.9151 (Tue) to 0.9239 on Wed suggests further choppy swings above Feb's 0.9151 bottom would continue n despite subsequent retreat in New York on broad-based usd's weakness, reckon 0.9190/95 would contain pullback and yield another rise.

As 0.9201 (New York) has contained pullback, hold long for 0.9254 and only below 0.9190 risks 0.9167/70.
 

AceTRaderForex

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AceTraderFx Mar 04: Intra-Day News and Views –GBP/USD

Intra-Day Market Moving News and Views

Update Time: 04 Mar2022 05:00GMT

GBP/USD OUTLOOK - 1.3341
Although cable has staged a recovery in New York after noon after intra-day cross-inspired selloff from 1.34 18 (Europe) to 1.3318 in New York, as this move signals correction from Wednesday's 2-month 1.3272 trough has ended , below 1.3310 would yield 1.3285/90 'later'.

Present euro-led rebound may head towards 1.3357 before down and only above 1.3363/68 risks 1.3388/92.
 

AceTRaderForex

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AceTraderFx Mar 07: Intra-Day News and Views & data to be released today –GBP/USD

Intra-Day Market Moving News and Views

Update Time: 07 Mar 2022 05:30GMT

GBP/USD OUTLOOK - 1.3208
Cable has also fallen in tandem with intra-day selloff in euro in Asia below Friday's 1.3202 low (New York) to a fresh 2-month trough of 1.3186 n minor range trading is seen before heading to 1.3170/75, break of 1.3162 (2021 bottom) needed for 1.3155/60.

Present recovery from 1.3186 would bring range trading before down.
Only above 1.3225/30 risks 1.3249.
 

AceTRaderForex

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AceTraderFx Mar 08: Intra-Day News and Views & data to be released today – USD/JPY

Intra-Day Market Moving News and Views

Update Time: 08 Mar2022 05:30GMT

USD/JPY OUTOOK - 115.43
Dlr's cross-inspired rally from 114.81 (Asia) to 115.47 in New York yesterday due to broad-based usd's gain vs G7 currencies suggests pullback from Thursday's 2-1/2 week high at 115.80 has possibly ended at 114.66 (Friday), above 115.55 would encourage for gain to 115.80.

Hold long for 115.80, break, 115.95/00 and only below 115.06 may risk weakness to 114.81/86 later.
 

AceTRaderForex

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AceTraderFx Mar 09: Intra-Day News and Views – GBP/USD

Intra-Day Market Moving News and Views

Update Time: 09 Mar 2022 05:30GMT

GBP/USD - 1.3118
Despite staging a recovery from Tue's 14-month low of 1.3083 (Europe) to 1.3144 in New York morning, subsequent euro-led retreat has retained daily bearish outlook for resumption of recent downtrend to 1.3055/60, reckon 1.3030/35 may hold from here today.

Trade from short side for 1.3075 after consolidation n only above 1.3144 risks 1.3158/62.
 

AceTRaderForex

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AceTraderFx Mar 10: Intra-Day News and Views & data to be released today – USD/CHF

Intra-Day Market Moving News and Views

Update Time: 10 Mar2022 05:30GMT

USD/CHF OUTLOOK - 0.9279
Despite dlr's retreat from Tuesday's 1-month high of 0.9306 to 0.9251 in New York yesterday on broad-based decline in usd, intra-day rebound as usd regains traction in Asia suggests pullback possibly over, above 0.9292 (Europe), 0.9306, then later 0.9221/25.

Trade from long side for this move after consolidation and only below 0.9249/51 risks 0.9234/39 later.
 

AceTRaderForex

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AceTraderFx Mar 11: Intra-Day News and Views & data to be released today –EUR/USD

Intra-Day Market Moving News and Views

Update Time: 11 Mar2022 05:30GMT

EUR/USD OUTLOOK - 1.0999
Despite euro's intra-day brief jump to a 1-week high of 1.1120 after ECB's hawkish tilt, as subsequent choppy swings in post-ECB New York ended with price tumbling to 1.0976 near New York close, suggests 1st leg of correction from Monday's 1.0807 low has ended.

Present recovery in Asia would bring range trading before down but 1.0927 should hold.
Above 1.1026, 1.1043/48
 

AceTRaderForex

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AceTraderFx Mar 14: Intra-Day News and Views & data to be released today – USD/CHF

Intra-Day Market Moving News and Views

Update Time: 14 Mar2022 05:30GMT

INTRA-DAY USD/CHF OUTLOOK - 0.9361
Fri's resumption of Medium Term upmove to a 3-month high of 0.9352 (Reuters) at New York close due to renewed safe -haven usd buying suggests upside bias remains for gain to 0.9373 (Nov 2021 top), o/bot condition would prevent strong gain n yield retreat later.

Intra-day rally abv 0.9352 has retained bullishness n only below 0.9335 (NZ) risks 0.9310/15.
 

AceTRaderForex

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AceTraderFx Mar 15: Intra-Day News and Views – USD/JPY

Intra-Day Market Moving News and Views

Update Time: 15 Mar2022 05:30GMT

INTRA-DAY USD/JPY OUTOOK - 118.32

Although dlr extended Mon's rally above 118.21 (New York) to a fresh 5-year peak of 118.30 in Australia, as recent upmove is over-extended, reckon 118.66 (2016 peak) would cap upside in Asia n yield a 'much-needed' minor retrace. before prospect of further gain.

As 118.44 has capped upside, stand aside and buy dips for day trade as 117.84 (New York low) would hold.
 
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AceTRaderForex

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AceTraderFx Mar 16: Intra-Day News and Views– GBP/USD

Intra-Day Market Moving News and Views

Update Time: 16 Mar2022 05:30GMT

INTRA-DAY GBP/USD - 1.3054
Despite Tuesday's strong rebound from Asian fresh 16-month trough of 1.3000 (Asia) to as high as 1.3088 in New York, subsequent fall to 1.3022 on renewed usd's strength suggests re-test of 1.3000 would be seen after range trading, below, 1.2982/87 but 1.2976 would hold.

Trade from short side for 1.3015 1st n only above 1.3079 would risk strong gain toward 1.3088.
 
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AceTRaderForex

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AceTraderFx Mar 17: Intra-Day News and Views – USD/JPY

Intra-Day Market Moving News and Views

Update Time: 17 Mar2022 05:30GMT

USD/JPY OUTOOK - 118.76
Dlr's intra-day strong retreat from a fresh 5-year peak of 119.12 to 118.58 on profit taking after expected Fed's rate hike (see MMN) suggests temp. top is possibly made, as price has fallen after rebound to 119.02 in Asia, range trading would continue.

Hold long for 119.00, above 119.12 needed for 119. 35/45 n only below 118.58 risks 118.42/44.