Recent Recommended Trades
Mon, Nov 27 2006, 00:26 GMT
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Update Time: 24 Nov 2006 08:48 GMT
INTRA-DAY USD/CHF OUTLOOK - +1.2100+
Present acceleration of intra-day decline sug-
gests further weakness to 1.2100 is envisaged, how-
ever, o/sold condition shud limit downside to 1.20
81 today n risk fm there has increased for a much-
needed minor correction later.
Sell recovery with stop as indicated, break wud
signal temp. low is made n yield retrace. to 1.2205
Rate: +1.2100+
Strategy: +Target met+
Position: +Short at 1.2140+
Objective: 1.2100
Stop-Loss:
Resistance: 1.2205/1.2282/1.2347
Support: 1.2081/1.2043/1.2000
----------------------------------Update Time: 24 Nov 2006 08:46 GMT
DAILY OUTLOOK ON USD/CAD - +1.1370+
As long as 1.1444 (prev. sup) holds, bearishness
remains for this wk's fall fm 1.1495 to resume, be-
low 1.1397 wud yield weakness twd target at 1.1366.
Trade fm short side, stop as indicated, abv sig-
nals correction is over n risks re-test of 1.1495..
Rate: +1.1370+
Strategy: +Target met+
Position: Short at 1.1422
Objective: 1.1370
Stop-Loss:
Resistance: 1.1382/1.1444/1.1495
Support: 1.1366/1.1345/1.1305
----------------------------------Update Time: 24 Nov 2006 08:31 GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +150.95+
Although euro has eased after early rebound to
150.90, as long as 150.45/50 holds, intra-day mild
upside bias remains for nr term rise fm 150.37 to
retrace decline fm 151.68 to resume n extend gain
to 150.95/00 later.
Trade fm long side, stop as indicated, break wud
confirm recovery over n risk re-test of said sup..
Rate: +150.95+
Strategy: +Target met+
Position: Long at 150.65
Objective: 150.95
Stop-Loss:
Resistance: 151.03/151.13/151.45
Support: 150.66/150.37/150.00
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Published on
Mon, Nov 27 2006, 00:31 GMT
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