Tuesday, 1 December 2009

INTRA-DAY EUR/JPY OUTLOOK - +130.70+

INTRA-DAY EUR/JPY OUTLOOK - +130.70+

Update Time: 01 Dec 2009 02:29GMT

INTRA-DAY EUR/JPY OUTLOOK - +130.70+

Euro's breach of minor res at 130.35 following

news of that BOJ will hold a press conference sug-

gests upside bias remains for a re-test of y'day's

high at 130.99 n abv wud confirm nr term rise fm

126.95 low has resumed wud extend to 131.20/30.

Buy at market with stop as indicated, below wud

prolong choppy trading n risk weakness to 129.80/90

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Rate: +130.70+

Strategy: +Target met+

Position: Long at 130.40

Objective: +130.70+

Stop-Loss:

Resistance: 130.63/130.99/131.51

Support: 129.84/129.35/129.00

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Wednesday, 25 November 2009

INTRA-DAY GBP/USD OUTLOOK

INTRA-DAY GBP/USD OUTLOOK - +1.6640+

Update Time: 25 Nov 2009 06:59GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6640+

Cable's present breach of NY res at 1.6600 sug-
gests intra-day upside bias remains for near term
rise fm y'day's 1.6497 low to extend to 1.6630/35
but only abv 1.6649 wud bring stronger correction
of recent decline fm 1.6460 to 1.6676/80 later.

Incline to buy cable on dips n only below 1.6576
wud prolong consolidation n risk 1.6531/35.

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Rate: +1.6640+
Strategy: +Target met+
Position: Long at 1.6605
Objective: 1.6640
Stop-Loss:
Resistance: 1.6649/1.6676/1.6715
Support: 1.6573/1.6531/1.6497

USD/SGD DAILY OUTLOOK

USD/SGD DAILY OUTLOOK - +1.3830+

Update Time: 25 Nov 2009 08:08GMT
USD/SGD DAILY OUTLOOK - +1.3830+

Usd's retreat after meeting renewed selling y'day
at 1.3885 indicates downside bias remains for weak-
ness to 1.3830 but 1.3816 wud hold on 1st testing.

Trade fm short side with stop now as indicated n
only abv 1.3885 wud abort n risk rebound twd 1.3925

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Rate: +1.3830+
Strategy: +Target met+
Position: Short at 1.3880
Objective: 1.3830
Stop-Loss:
Resistance: 1.3885/1.3925/1.3957
Support: 1.3816/1.3768/1.3700