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Update Time:     09 Mar 2009 23:37GMT
INTRA-DAY EUR/JPY OUTLOOK - 124.70

Although euro has rebounded fm 126.35, a rise
abv 125.05 is needed to signal pullback fm y'day's
high of 125.50 has ended n yield further gain to
125.75, break wud signal recent upmove has resumed
for re-test of major res at 126.09.

Wud be prudent to exit long n look to buy on
dips for day trade as recommended...

   Rate:     124.70
   Strategy:     Exit long
   Position:     Long at 124.40
   Objective:     
   Stop-Loss:     
   Resistance:     125.50/125.75/126.09
   Support:     124.35/123.98/123.54
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Update Time:     09 Mar 2009 18:12GMT
DAILY EUR/CHF OUTLOOK - 1.4660

Despite intra-day selloff fm 1.4719, a breach
of 1.4618 is needed to confirm recent decline has
resumed to re-test last week's low at 1.4577 n then
1.4520/30, otherwise, further choppy trading is
likely b4 prospect of another fall later.

Wud be prudent to exit short n stand aside. Abv
1.4719 wud risk stronger correction to 1.4750/60...

   Rate:     1.4660
   Strategy:     Exit short
   Position:     Short at 1.4710
   Objective:     
   Stop-Loss:     
   Resistance:     1.4719/1.4746/1.4801
   Support:     1.4618/1.4577/1.4543
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Update Time:     09 Mar 2009 12:48GMT
INTRA-DAY EUR/USD OUTLOOK - 1.2569

Although intra-day fall to 1.2560 suggests
erratic decline fm 1.2755 top (Friday's high)
remains in progress n weakness to 1.2540/45 is seen
, nr term o/sold condition wud limit downside to
1.2500/10 n risk has increased for a rebound.

Exit short n look to sell again on recovery as
upside wud be ltd to 1.2610/15...

   Rate:     1.2569
   Strategy:     Exit short
   Position:     Short at 1.2599
   Objective:     
   Stop-Loss:     
   Resistance:     1.2666/1.2728/1.2755
   Support:     1.2560/1.2522/1.2457

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