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Update Time:     16 Nov 2007 16:55GMT

DAILY OUTLOOK ON USD/CAD - +0.9740+

Usd's strg retreat signals upmove fm 0.9059 has
possibly made a top earlier at 0.9888, below 0.9725
(prev. res) wud confirm n yield weakness to 0.9678.

Sell on recovery with stop initially abv said
res, break wud extend marginal gain to 0.9900/10...

   Rate:     +0.9740+
   Strategy:     +Target met+
   Position:     +Short at 0.9820+
   Objective:     +0.9740+
   Stop-Loss:    
   Resistance:     0.9840/0.9888/0.9964
   Support:     0.9725/0.9678/0.9606

More winning Trades ....

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Update Time:     16 Nov 2007 10:09GMT

INTRA-DAY EUR/JPY CROSS OUTLOOK - 160.85

Despite intra-day retreat fm around 161.15, as
long as 160.45 sup holds, further 'choppy' trading
is in store n another corrective bounce cannot be
ruled out but abv 161.35 is needed to signal temp.
low has been formed n bring retrace. to 161.50/60.

In view of nr term upside risk, exit short n
stand aside. Below 160.45 extends decline to 160.05

   Rate:     160.85
   Strategy:     Exit short
   Position:     Short at 161.15
   Objective:    
   Stop-Loss:    
   Resistance:     161.35/161.80/162.24
   Support:     160.45/160.05/159.81

More winning Trades ....

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Update Time:     16 Nov 2007 06:16GMT

INTRA-DAY GBP/USD OUTLOOK - +2.0460+

Cable's rebound after intra-day fall to 2.0407
suggests temp. low has possibly been formed there n
consolidation with upside bias is seen for retrace.
to 2.0465/70, however, reckon res at 2.0505/07 wud
hold n bring further choppy trading.

Buy on dips with stop below said sup, break wud
risk marginal weakness to 2.0380 b4 recovery...

   Rate:     +2.0460+
   Strategy:     +Target met+
   Position:     +Long at 2.0425+
   Objective:     +2.0460+
   Stop-Loss:    
   Resistance:     2.0507/2.0543/2.0592
   Support:     2.0407/2.0370/2.0326

More winning Trades ....
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