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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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