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Update Time: 21 Nov 2006 15:26GMT
DAILY OUTLOOK ON USD/CAD - 1.1493
Despite usd's anticipated firmness after break-
ing 1.1485, loss of momentum wud keep price below
1.1520 n risk has increased for a pullback.
Wud be prudent to exit long at 1.1441 n stand
aside. Below 1.1465/70 wud risk 1.1445 b4 up...
Rate: 1.1493
Strategy: Exit long
Position: Long at 1.1441
Objective:
Stop-Loss:
Resistance: 1.1503/1.1558/1.1600
Support: 1.1445/1.1422/1.1405
More winning Trades ........
----------------------------------Update Time: 21 Nov 2006 21:26GMT
PRE-ASIAN OPENING EUR/GBP OUTLOOK - +0.6765+
Euro's strg rebound fm 0.6744 suggests correc-
tion fm 0.6795 has ended n consolidation with up-
side bias is seen for gain to 0.6765/70, however,
break of 0.6780/84 is needed to signal recent rise
has resumed n yield subsequent gain twd 0.6795.
Trade fm long side with stop as indicated, be-
low wud risk weakness twds 0.6725/30 b4 recovery...
Rate: +0.6765+
Strategy: +Target met+
Position: Long at 0.6750
Objective: 0.6765
Stop-Loss:
Resistance: 0.6780/0.6795/0.6819
Support: 0.6744/0.6730/0.6715
More winning Trades ........
----------------------------------Update Time: 21 Nov 2006 14:09GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2800+
Euro's present weakness after early brief bounce
to 1.2830/32 suggests consolidation with downside
bias remains n below 1.2805/08 wud extend nr term
decline fm 1.2852 to 1.2798 n possibly 1.2780/84
but reckon 1.2762 sup wud remain intact.
Trade fm short side, stop as indicated n only
abv 1.2840 wud signal upmove has resumed to 1.2852.
Rate: +1.2800+
Strategy: +Target met+
Position: Short at 1.2830
Objective: 1.2800
Stop-Loss:
Resistance: 1.2852/1.2872/1.2901
Support: 1.2798/1.2784/1.2762
