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Update Time:     08 Apr 2009 13:11GMT
 DAILY USD/CAD OUTLOOK - 1.2322

Present anticipated weakness suggests correction
fm 1.2225 has ended earlier at 1.2486, below 1.2289
confirms fall has resumed for re-test of said sup.

Wud be prudent to exit short at 1.2370 n look to
sell again on recovery as 1.2465 res wud hold....

   Rate:            1.2322
   Strategy:     Exit short
   Position:     Short at 1.2370
   Objective:    
   Stop-Loss:     
   Resistance:  1.2396/1.2486/1.2503
   Support:        1.2309/1.2225/1.2192

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Update Time:     08 Apr 2009 14:11GMT
SPOT GOLD DAILY OUTLOOK - +880.00+

Gold's retreat fm 889.30 suggests correction fm
864.40 has possibly ended there n consolidation
with downside bias is seen for weakness to 874/875,
however, a breach of 868.60 sup needed to confirm
n yield resumption of recent decline fm 1006.20 for
re-test of said low.

Wud be prudent to exit short n look to sell
again on recovery as 889.30 res is expected to
remain intact...

   Rate:            880.00
   Strategy:     Exit short
   Position:     Short at 886.00
   Objective:    
   Stop-Loss:     
   Resistance:  889.30/891.20/895.20
   Support:        880.20/868.60/864.40

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Update Time:     08 Apr 2009 11:13GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4740+

Cable's present strg rebound suggests decline
fm 1.4777 has formed a low earlier at 1.4635 n con-
solidation with upside bias is seen for a bounce
twds 1.4747, however, breach is needed to bring re-
test of said res.

Buy on dips with stop as indicated, break wud
prolong choppy trading n risk 1.4635 again...

   Rate:            +1.4740+
   Strategy:     +Target met+
   Position:     +Long at 1.4700+
   Objective:     1.4740
   Stop-Loss:     
   Resistance:  1.4747/1.4777/1.4830
   Support:        1.4635/1.4583/1.4535

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Update Time:     07 Apr 2009 09:05GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3290+

As euro has fallen after brief recovery partly
due to the release of weak eurozone GDP data, the
decline fm y'day's 1.3582 top to retrace recent
upmove may extend weakness to 1.3290, however, sup
at 1.3251 wud hold fm here.

Sell again with stop as indicated, break wud
signal low is possibly made, 1.3380/85...

   Rate:            +1.3290+
   Strategy:     +Target met+
   Position:     +Short at 1.3327+
   Objective:     1.3290
   Stop-Loss:     
   Resistance:  1.3389/1.3427/1.3464
   Support:        1.3287/1.3251/1.3202


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Update Time:     07 Apr 2009 09:03GMT
INTRA-DAY EUR/JPY OUTLOOK - +133.40+

Current retreat suggests recovery fm 133.65 has
ended at 134.75/77 n break of said sup wud signal
decline fm y'day's 137.42 high to retrace recent
upmove has resumed for weakness to 133.35/40 but
reckon 133.00 wud hold.

Sell with stop as indicated, break wud prolong
consolidation n risk 134.45/50 1st...

   Rate:            +133.40+
   Strategy:     +Target met+
   Position:     +Short at 133.85+
   Objective:     133.40
   Stop-Loss:     
   Resistance:  134.77/135.21/135.64
   Support:        133.20/132.75/132.50

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Update Time:     07 Apr 2009 09:01GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4660+

Present retreat in tandem with euro suggests
recovery fm 1.4638 has possibly ended at 1.4747 n
consolidation with downside bias is seen for weak-
ness to 1.4653/60, below 1.4638 wud confirm y'day's
selloff fm 1.4960 has resumed n extend to 1.4598.

Sell at market with stop as indicated n only
abv 1.4747 wud bring stronger retrace. to 1.4776...

   Rate:            +1.4660+
   Strategy:     +Target met+
   Position:     +Short at 1.4700+
   Objective:    
   Stop-Loss:     
   Resistance:  1.4747/1.4776/1.4847
   Support:        1.4638/1.4598/1.4513

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Update Time:     07 Apr 2009 08:48GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1392+

Although present anticipated rebound fm 1.1345
suggests pullback fm 1.1423 has ended there n conso
lidation with upside bias is seen, a breach of said
res is needed to confirm upmove fm y'day's low of
1.1240 has resumed for further gain to 1.1450/60.

Wud be prudent to exit long n look to buy again
on dips as 1.1345 sup shud hold fm here...

   Rate:            1.1392
   Strategy:     Exit long
   Position:     Long at 1.1360
   Objective:    
   Stop-Loss:     
   Resistance:  1.1423/1.1488/1.1505
   Support:        1.1345/1.1313/1.1265


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Update Time:     07 Apr 2009 00:00GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4670+

Cable's retreat after o/n recovery fm 1.4670 to
1.4775 suggests decline fm y'day's multi-month high
at 1.4960 has resumed n a re-test of said sup is
seen, break there wud bring correction of recent
upmove to 1.4650 n then 1.4600/10.

Sell at market with stop as indicated, abv wud
prolong consolidation n risk gain to 1.4775...

   Rate:           +1.4670+
   Strategy:     +Target met+
   Position:     +Short at 1.4712+
   Objective:     1.4670
   Stop-Loss:     
   Resistance:     1.4745/1.4775/1.4812
   Support:           1.4650/1.4598/1.4513
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