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

AceTraderFx Oct 12: Intra-Day News and Views– GBP/USD

Intra-Day Market Moving News and Views

Update Time: 12 Oct 2022 05:30GMT

INTRA-DAY GBP/USD OUTLOOK - 1.1021
Cable's intra-day jump fm Asian 12-day trough at 1.0925 to as high as 1.1060 on BoE's news (see MMN) suggests decline fm Oct's 2-week high at 1.1495 has made a temp. low n choppy swings are in store ahead of European open, only abv 1.1060 yields 1.1110/13.

A firm break below 1.0980/90 signals recovery possibly over n heads back to 1.0954, then 1.0925.

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AceTraderFx Oct 13: Intra-Day News and Views– USD/JPY

Intra-Day Market Moving News and Views

Update Time: 13 Oct 2022 06:30GMT

INTRA-DAY USD/JPY OUTOOK - 146.83
Despite yesterday's break of Sep's 145.89 high to a fresh 24-year peak of 146.98 near New York midday, subsequent retreat and then choppy swings in Asia after Japan officials warnings on yen would bring range trading before prospect of further gain later in Europe/New York.

Turn cautious buyer on dips to 146.65 for 147.15 n only firm break of 146.38 may risk 146.00/10.

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AceTraderFx Oct 14: Intra-Day News and Views– EUR/USD

Intra-Day Market Moving News and Views

Update Time: 14 Oct 2022 05:30GMT

INTRA-DAY EUR/USD OUTLOOK - 0.9780
Euro's intra-day jump from Thursday's 2-week trough of 0.9632 to as high as 0.9802 due to broad-based sell off in usd on profit taking due to rebound in U.S. stocks suggests decline from Oct's high at 0.9999 has made a low, above 0.9802 would head back towards 0.9835.

Present retreat from 0.9808 would bring range trading before up n only below 0.9752 risks 0.9221/25.

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

Intra-Day Market Moving News and Views

Update Time: 17 Oct 2022 05:30GMT

INTRA-DAY USD/CHF OUTLOOK - 1.0040
Outlook is similar to euro, as dlr's rebound from 0.9965 (Europe) Friday n then subsequent "wild' swings in New York morning ended with price ratcheting to 1.0066 on renewed usd strength, re-test of Thursday's fresh near 3-year peak at 1.0074 would be seen, then 1.0100/10.

Intra-day GPP-led retreat would yield choppy trading before up and only below 1.0003 risks 0.9985 (New York low)

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AceTraderFx Oct 18: Intra-Day News and Views– GBP/USD

Intra-Day Market Moving News and Views

Update Time: 18 Oct 2022 05:30GMT

INTRA-DAY GBP/USD OUTLOOK - 1.1395
Despite cable's intra-day rise above last week's 1.1380 high after announcement of new UK FinMin's mini-budget plan to 1.1440 in New York morning, subsequent strong retreat to 1.1345 signals upmove from 1.0925 has made a temp. top n would yield choppy swings.

As 1.1332 has contained weakness, buy again for 1.1445 but 1.1490 would hold. Below 1.1335, 1.1295/00

AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
 
AceTraderFx Oct 19: Intra-Day News and Views– USD/JPY

Intra-Day Market Moving News and Views

Update Time: 19 Oct 2022 06:06GMT

INTRA-DAY USD/JPY OUTOOK - 149.34
As dlr has inched higher after shrugging off yen interventions warnings by JP officials earlier (see MMN), suggesting re-test of Tue's fresh 32-year top at 149.38 (New York) can't be ruled out, break extends Long Term uptrend to 149.75/80 but '150.00' handle should hold.

On the downside, below 148.89 (New York low) signals temp. high is made n yields 148.58/68 later.

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AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
 
AceTraderFx Oct 19: Daily Recommendations on Major –USD/JPY

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DAILY MARKET OUTLOOK on Major

Update Time: 19 Oct 2022 09:30GMT

USD/JPY - 149.42
Despite dollar's marginal rise above Monday's fresh 32-year 149.08 high to 149.38 (New York) on cross-selling in yen, near term loss of upward momentum is likely to cap price below 149.50 and yield a much-needed correction, below 148.89 (New York low) would head to 148.42/45.

On the upside, a daily close above 149.50/60 would revive bullishness for stronger gain to 150.00 psychological handle before a much-needed correction later.

Data to be released on Wednesday:
U.K. CPI, RPI, PPI input prices, PPI output prices, EU construction output, HICP, U.S. MBA mortgage application, building permits, housing starts, Canada CPI and producer prices.

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AceTraderFx Oct 20: Intra-Day News and Views– EUR/USD

Intra-Day Market Moving News and Views

Update Time: 20 Oct 2022 05:30GMT

INTRA-DAY EUR/USD OUTLOOK - 0.9783
Despite euro's erratic but strong rise from last Thursday's 2-week trough of 0.9632 to retrace early decline from 0.9999 (Oct high) to 0.9875 Tuesday, yesterday's selloff from 0.9872 (AUS) to as low as 0.9758 in New York on usd's rally signals said rebound has ended.

As 0.9785 has capped recovery from 0.9755, hold short n only above 0.9808/13 risks 0.9825/30 later.

AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
 
AceTraderFx Oct 21: Intra-Day News and Views– USD/CHF

Intra-Day Market Moving News and Views

Update Time: 21 Oct 2022 05:30GMT

INTRA-DAY USD/CHF OUTLOOK - 1.0059
Despite dlr's intra-day erratic fall on Thursday from 1.0069 (Europe) to 0.9995 in New York morning, subsequent bounce on rally in US yields and renewed usd strength suggests upside bias remains for October's near 3-year peak at 1.0074, break would head to 1.0087/88.

Raise long entry for 1.0085 after range trading and only below 0.9995 risks weakness to 0.9979/84.

AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
 
AceTraderFx Oct 24: Intra-Day News and Views– GBP/USD

Intra-Day Market Moving News and Views

Update Time: 24 Oct 2022 05:30GMT

INTRA-DAY GBP/USD OUTLOOK - 1.1326
Cable's impressive rally on Friday from 1.1060 to as high as 1.1314 in New York due to usd's selloff following BoJ's yen intervention n then initial rally to 1.14 08 (AUS) on news of ex-UK FinMin as the favourite next PM (see MMN) would head back towards 1.1440 later.

As 1.1301 has contained retreat in Asia, venture buying for 1.1376 1st.
Below 1.1300, 1.1260/70.

AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
 
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