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Update Time:     13 Nov 2008 18:18GMT
DAILY EUR/USD OUTLOOK - 1.2500

Despite euro's strg pullback fm 1.2592 to 1.2450,
subsequent rebound suggests further choppy consoli-
dation abv intra-day 1.2388 low wud be seen n gain
to 1.2540/50 cannot be ruled out but res at 1.2592
shud remain intact.

Wud be prudent to exit short n stand aside for
now. Below 1.2450 revives bearishness, 1.2388...

   Rate:     1.2500
   Strategy:     Exit short
   Position:     Short at 1.2547
   Objective:     
   Stop-Loss:     
   Resistance:     1.2592/1.2633/1.2756
   Support:     1.2450/1.2388/1.2329

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Update Time:     13 Nov 2008 18:10GMT
DAILY USD/JPY OUTLOOK - 95.35

Lack of strg follow through selling below 95.42
suggests further choppy trading abv 94.48 low wud
be seen n a rebound to 95.75/80 cannot be ruled out
, however, res at 96.43 shud cap upside n yield
another decline later.

Wud be prudent to exit short n stand aside. Be-
low 95.00 wud encourage for re-test of 94.48...

   Rate:     95.35
   Strategy:     Exit short
   Position:     Short at 96.35
   Objective:     
   Stop-Loss:     
   Resistance:     96.43/ 96.75/ 98.08
   Support:     95.00/ 94.48/ 93.71

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Update Time:     13 Nov 2008 19:54GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1900+

Dlr's retreat after early rise to 1.2002 sug-
gests an intra-day top has possibly been made n con
solidation with downside bias wud be seen for weak-
ness to 1.1900, however, sup at 1.1853 shud contain
downside n yield rebound later.

Sell at market with stop as indicated n only
abv 1.2002 wud abor tn extend gani to 1.2050/60...

   Rate:     +1.1900+
   Strategy:     +Target met+
   Position:     Short at 1.1960
   Objective:     1.1900
   Stop-Loss:     
   Resistance:     1.2002/1.2050/1.2098
   Support:     1.1853/1.1819/1.1762

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