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Update Time:     26 Aug 2008 00:14GMT
DAILY EUR/USD OUTLOOK - +1.4710+

Euro's retreat fm 1.4809 suggests recovery fm
y'day's low at 1.4696 has ended n near term decline
fm 1.4909 shud resume for a re-test of said sup n
then 1.4670/75, however, reckon 1.4630 (last week's
low) wud hold on 1st testing.

Trade fm short side with stop as indicated, abv
prolongs choppy trading n risks rebound twd 1.4852.

   Rate:     +1.4710+
   Strategy:     +Target met+
   Position:     Short at 1.4790
   Objective:     1.4710
   Stop-Loss:     
   Resistance:     1.4760/1.4809/1.4862
   Support:     1.4696/1.4672/1.4630

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Update Time:     25 Aug 2008 18:27GMT
INTRA-DAY AUD/USD OUTLOOK - 0.8637

Although aussie's anticipated retreat after meet
ing renewed selling at 0.8690 n consolidation with
downside bias wud be seen, below 0.8615 is needed
to signal recent decline has finally resumed, yield
re-test of last wk's 0.8590 low n then 0.8560/70.

Wud be prudent to exit early short n stand aside
. Abv 0.8655/60 prolongs choppy trading, 0.8690...

   Rate:     0.8637
   Strategy:     Exit short
   Position:     Short at 0.8670
   Objective:     
   Stop-Loss:     
   Resistance:     0.8690/0.8710/0.8761
   Support:     0.8615/0.8590/0.8559

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Update Time:     25 Aug 2008 01:30GMT
WEEKLY OUTLOOK ON NZD/USD - +0.7050+

Despite last week's rise to 0.7217, subsequent
retreat suggests consolidation with downside bias
to 0.7050 is seen but reckon 0.6945 shud hold.

Wud be prudent to exit short n sell on recovery
as only abv said res wud risk retrace. to 0.7300...

   Rate:     +0.7050+
   Strategy:     +Target met+
   Position:     Short at 0.7210
   Objective:     0.7050
   Stop-Loss:     
   Resistance:     0.7217/0.7335/0.7445
   Support:     0.7082/0.6945/0.6824

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