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Update Time: 17 Nov 2006 12:09GMT
INTRA-DAY EUR/CHF CROSS OUTLOOK - 1.6000
Despite euro's anticipated firmness, near term
o/bot condition wud prevent sharp move here n rec-
kon 1.6020/25 wud limit upside n risk fm has increa
sed for a minor correction later today.
Wud be prudent to exit long n look to buy on
subsequent fall as 1.5863 shud contain weakness n
bring resumption of recent upmove...
Rate: 1.6000
Strategy: Exit long
Position: Long at 1.5975
Objective:
Stop-Loss:
Resistance: 1.6020/1.6050/1.6080
Support: 1.5963/1.5831/1.5912
More winning Trades ........
-----------------------------------Update Time: 17 Nov 2006 09:50GMT
DAILY OUTLOOK ON USD/CAD - +1.1450+
Usd's firnmess after breaking 1.1429 confirms
recent upmove has resumed n gain twd 1.1459 key res
is envisaged but 1.1470/80 is likely to cap upside.
Trade fm long side, stop now as indicated n only
below 1.1405 signals temp. is possibly made, 1.1366
Rate: +1.1450+
Strategy: +Target met+
Position: Long at 1.1390
Objective: 1.1450
Stop-Loss:
Resistance: 1.1459/1.1503/1.1558
Support: 1.1405/1.1366/1.1345
More winning Trades ........
-----------------------------------Update Time: 17 Nov 2006 05:53GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2765+
Euro has edged lower after meeting selling at
1.2798/00 (Aust.) n below this week's low at 1.2773
wud extend decline fm 1.2901 top to indicated obj.,
however, near term loss of momentum shud prevent
steep fall below 1.2746/53 sup.
Hold short with stop as indicated, abv signals
intra-day low is made n risks 1.2817/20...
Rate: +1.2765+
Strategy: +Target met+
Position: Short at 1.2793
Objective: 1.2765
Stop-Loss:
Resistance: 1.2800/1.2817/1.2842
Support: 1.2746/1.2683/1.2642







