AceTraderFx: Intra-Day Market Moving News & Views & data to be released today

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AceTraderFx Jun 16: Intra-Day News and Views– EUR/USD

Intra-Day Market Moving News and Views
Update Time: 16 Jun 2022 05:30GMT

EUR/USD OUTLOOK - 1.0440
Despite yesterday's selloff from 1.0507 (Europe) to a 1-month low of 1.0360 after Fed's 75 basis point rate hike , subsequent rally to 1.0469 on broad-based liquidation of usd's positions n falling US yields signals temp. low is made and would head back to 1.0495/00.

As 1.0432 has contained pullback, hold long and only below 1.0398/00 risks weakness towards 1.0360.

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AceTraderFx Jun 17: Intra-Day News and Views– USD/CHF

Intra-Day Market Moving News and Views
Update Time: 17 Jun 2022 06:30GMT

USD/CHF OUTLOOK - 0.9685
Although dlr has finally rebounded on short covering after Thursday's spectacular fall in Europe from 0.9989 to a 9-day trough of 0.9631 (New York) due to sharp jump in chf following SNB's surprise 50 b.p. rate hike n range trading would continue in Europe.

Stand aside as above 0.9722/25 may head back to 0.9750/60.
Below 0.9650/55 would re-test 0.9631.

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AceTraderFx Jun 20: Intra-Day News and Views– USD/JPY

Intra-Day Market Moving News and Views
Update Time: 20 Jun 2022 05:30GMT

USD/JPY OUTOOK - 134.88
Despite dlr's initial marginal break of Fri's 135.42 top to 135.44 at Tokyo open, intra-day cross inspired retreat suggests further choppy swings below June's 24-year 135.59 peak may continue, reckon 134.62/67 would contain weakness n bring rebound.

Remain as cautious buyer for 135.20 n only below 134.50 risks stronger retracement to 134.28/30.

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AceTraderFx Jun 21: Intra-Day News and Views– GBP/USD

Intra-Day Market Moving News and Views
Update Time: 21 Jun 2022 05:30GMT

GBP/USD OUTLOOK - 1.2274

Although cable's intra-day cross-inspired brief break of Monday's 1.2280 high suggests choppy trading inside near term broad range of 1.2406-1.2174 would continue, o/bot condition would limit upside to 1.23 10/15 in European morning n yield retreat later.

Stand aside and sell cable once intra-day top is made.
Below 1.2227 would head back to 1.2200, 1.2174.

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AceTraderFx Jun 22: Intra-Day News and Views– EUR/USD

Intra-Day Market Moving News and Views
Update Time: 22 Jun 2022 05:30GMT

INTRA-DAY EUR/USD OUTLOOK - 1.0509
Euro's strong retreat from 1.0582 (Europe) to 1.0520 in New York yesterday suggests further 'choppy' swings below last Thursday's high at 1.0601 would continue with down-side bias, below 1.0499 would yield further weakness to 1.0470/75 later today but 1.0445 should hold.

Sell again on recovery for 1.0480 n only above 1.0566 (New York top) aborts, risks re-test of 1.0582.

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AceTraderFx Jun 22: Daily Recommendations on Major –USD/JPY

DAILY MARKET OUTLOOK on Major
Update Time: 22 Jun 2022 09:30GMT

USD/JPY - 136.21
Despite dollar's 1-week long wild swings from previous Jun's peak at 135.59, yesterday's rally above there to a fresh 24-year top at 136.70 in New York on continued selling in yen suggests long term uptrend would head to 137.10/20, reckon projected target at 137.41 should hold and yield a much-needed correction due to loss of momentum.

On the downside, only a daily close below 135.59 would indicate a temporary top is in place and risk stronger retracement towards 135.20, break, 134.93

Data to be released on Wednesday:
U.K. CPI, RPI, PPI input prices, PPI output prices, DCLG house price index.
US mortgage application, redbook, Canada CPI and EU consumer confidence.

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AceTraderFx Jun 23: Intra-Day News and Views– USD/CHF

Intra-Day Market Moving News and Views
Update Time: 23 Jun 2022 06:30GMT

USD/CHF OUTLOOK - 0.9615
Although dlr's intra-day break of last week's 0.9621 low (Friday) to a 3-week trough of 0.9582 due to broad-based usd's weakness in New York on Fed Powell's less hawkish comments signals recent decline has resumed, subsequent recovery would bring range trading.

Hold short for 0.9565/70 but 0.9546 (May low) may hold.
Only above 0.9661 (New York top) risks 0.9684/89.

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AceTraderFx Jun 24: Intra-Day News and Views– USD/JPY

Intra-Day Market Moving News and Views
Update Time: 24 Jun 2022 05:30GMT

INTRA-DAY USD/JPY OUTOOK - 134.70
Dlr's rebound in tandem with U.S. yields in New York morning from 134.27 after Fed Powell's testimony and subsequent gain to 134.99 suggests 1st leg of correction from Wednesday's 24-year peak at 136.71 has ended n present retreat from 135.22 would yield choppy swings.

Stand aside as above 135.22 needed for 135.45/50 while below 134.50/55 may risk weakness towards 134.27.

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AceTraderFx Jun 27: Intra-Day News and Views– GBP/USD

Intra-Day Market Moving News and Views
Update Time: 27 Jun 2022 05:30GMT

INTRA-DAY GBP/USD OUTLOOK - 1.2278
Although cable's break abv Thur's high at 1.2294 in New York Friday signals price would continue to gyrate inside recent 1.2324-1.2162 range, subsequent fall from 1.2320 to 1.2250 in New York trading has retained bearishness, below 1.2241 (Friday low), 1.2220/21.

Intra-day bounce to 1.2296 and present choppy trading may head to 1.2296/00, above, 1.2320. Stand aside

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AceTraderFx Jun 28: Intra-Day News and Views– EUR/USD

Intra-Day Market Moving News and Views
Update Time: 28 Jun 2022 05:30GMT

EUR/USD OUTLOOK - 1.0579
Although euro's rise from New York low at 1.0555 and then brief break of last week's 1.0605 (Wednesday) high to a 2 -week top of 1.0614 in New York signals recent erratic up move from June's 1.0360 bottom has resumed, subsequent retreat on usd's rebound would bring consolidation.

Turn cautious buyer on dips and above 1.0614 may extend towards 1.0642.
Below 1.0550/55 risks 1.0515/20.

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