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Update Time:     03 Feb 2009 14:18GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4295+

Current rebound after finding renewed buying at
1.4183 suggests erratic rise fm 1.4052 has possibly
resumed n re-test of 1.4298 is likely but break
there is needed to confirm n extend gain twd 1.4340
/45 later.

Buy with stop as indicated, below wud prolong
choppy trading n risk 1.4183...

   Rate:     +1.4295+
   Strategy:     +Target met+
   Position:     +Long at 1.4250+
   Objective:     1.4295
   Stop-Loss:     
   Resistance:     1.4346/1.4420/1.4470
   Support:     1.4153/1.4052/1.4024
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Update Time:     03 Feb 2009 14:04GMT
DAILY EUR/CHF OUTLOOK - +1.4860+

Despite euro's intra-day rise to 1.4970, as long
as res at 1.4996 holds, consolidation is seen with
mild downside bias n break of 1.4885 wud signal the
correction fm 1.4817 (y'day's low) has ended, bring
further fall twd 1.4840/50.

Trade fm short side with stop as indicated, abv
wud risk stronger retracement to 1.5045/50...

   Rate:     +1.4860+
   Strategy:     +Target met+
   Position:     Short at 1.4950
   Objective:     1.4860
   Stop-Loss:     
   Resistance:     1.4996/1.5045/1.5095
   Support:     1.4856/1.4817/1.4735
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Update Time:     03 Feb 2009 11:55GMT
DAILY NZD/USD OUTLOOK - 0.5050

Despite kiwi's anticipated selloff fm 0.5116, a
breach of 0.4961 is needed to confirm MT downtrend
has once again resumed n extend twds 0.4900/05.

Wud be prudent to exit short at 0.5115 n stand
aside. Only abv 0.5116 yields retrace. twd 0.5165..

   Rate:     0.5050
   Strategy:     Exit short
   Position:     Short at 0.5115
   Objective:     
   Stop-Loss:     
   Resistance:     0.5068/0.5116/0.5165
   Support:     0.4961/0.4904/0.4850
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