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Update Time:     07 Nov 2008 15:25GMT
DAILY OUTLOOK ON USD/CAD - +1.1700+

Usd's strg retreat fm 1.2025 suggests upmove fm
1.1465 has possibly formed a top there n weakness
to 1.1771 is seen, below wud confirm, 1.1700.

Sell on minor recovery with stop as indicated,
break wud defer n risk gain to 1.2023...

   Rate:     +1.1700+
   Strategy:     +Target met+
   Position:     +Short at 1.1880+
   Objective:     1.1700
   Stop-Loss:     
   Resistance:     1.2023/1.2152/1.2380
   Support:     1.1771/1.1615/1.1465

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Update Time:     07 Nov 2008 12:30GMT
INTRA-DAY EUR/GBP CROSS OUTLOOK - +0.8090+

Despite euro's brief rise to 0.8193, current
strg retreat suggests top has been formed there n
consolidation with downside bias wud be seen for re
trace. of recent upmove twd 0.8082 but reckon 0.80
50/60 wud hold n yield rebound later.

Sell on pullback with stop as indicated, only
abv 0.8149/50 wud abort n risk re-test of 0.8193...

   Rate:     +0.8090+
   Strategy:     +Target met+
   Position:     +Short at 0.8125+
   Objective:     0.8090
   Stop-Loss:     
   Resistance:     0.8165/0.8197/0.8214
   Support:     0.8082/0.8041/0.7995

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Update Time:     07 Nov 2008 09:34GMT
INTRA-DAY GBP/USD OUTLOOK - +1.5795+

Current breach of intra-day res at 1.5720 sig-
nals nr term erratic rise fm 1.5535 low to retrace
y'day's selloff has resumed n gain to 1.5750 wud be
seen, however, reckon 1.5800 wud hold fm here n
yield retreat.

Buy dips with stop as indicated, break wud pro-
long choppy trading n risk 1.5625/30...

   Rate:     +1.5795+
   Strategy:     +Target met+
   Position:     +Long at 1.5725+
   Objective:     +1.5795+
   Stop-Loss:     
   Resistance:     1.5780/1.5838/1.5955
   Support:     1.5668/1.5597/1.5560

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