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Update Time:     16 Apr 2009 00:24GMT
WEEKLY GBP/USD OUTLOOK - +1.5050+

Although cable has retreated after last week's
rise to 1.4960, as long as 1.4583 sup holds, upside
bias remains for gain twd 1.4986 n abv there wud
confirm an upside break of MT 1.3500-1.4986 range
has occured, then retrace. of intermediate decline
fm 1.8672 to 1.5050 n possibly 1.5100 wud be seen.

Trade fm long side with stop below there, break
wud prolong choppy trading inside aforesaid range n
risk correction to 1.4430/35...

   Rate:     +1.5050+
   Strategy:     +Target met+
   Position:     Long at 1.4700
   Objective:     1.5050
   Stop-Loss:     
   Resistance:     1.4986/1.5141/1.5374
   Support:     1.4746/1.4583/1.4431
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Update Time:     15 Apr 2009 10:44GMT
INTRA-DAY USD/CHF OUTLOOK - 1.1395

Present anticipated retreat suggests upmove fm
1.1307 has possibly formed a top earlier at 1.1450
n consolidation with downside bias is seen for fall
twds 1.1353, however, break needed to confirm n
yield weakness to 1.1323.

Wud be prudent to exit short n sell again on
recovery as only abv 1.1450 wud abort, 1.1470/80...

   Rate:     1.1395
   Strategy:     Exit short n sell at 1.1420
   Position:     Short at 1.1430
   Objective:     1.1380
   Stop-Loss:     1.1450
   Resistance:     1.1450/1.1506/1.1530
   Support:     1.1353/1.1323/1.1307
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Update Time:     15 Apr 2009 10:38GMT
INTRA-DAY EUR/USD OUTLOOK - 1.3280

Although current breach of 1.3275 res signals
decline fm 1.3395 has ended at 1.3204 n gain twds
1.3303/07 res is likely, break there is needed to
retain bullishness n extend rise to 1.3330/35 but
1.3366 minor res wud hold.

Exit long n buy again on pullback with stop as
indicated, below wud risk 1.3220 b4 up...

   Rate:     1.3280
   Strategy:     Exit long n buy at 1.3260
   Position:     Long at 1.3250
   Objective:     1.3300
   Stop-Loss:     1.3235
   Resistance:     1.3275/1.3307/1.3366
   Support:     1.3204/1.3181/1.3126
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Update Time:     15 Apr 2009 10:28GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.5150+

As euro has staged a rebound after holding abv
1.5078 (Asian low), suggesting consolidation with
upside bias remains for minor correction of recent
decline to 1.5150/55, however, 1.5185 res shud cap
upside n bring another fall later.

Trade fm long side with stop as indicated, break
wud yield re-test of said sup n possibly 1.5062...

   Rate:     +1.5150+
   Strategy:     +Target met+
   Position:     Long at 1.5110
   Objective:     1.5150
   Stop-Loss:     
   Resistance:     1.5185/1.5207/1.5244
   Support:     1.5078/1.5062/1.5019
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Update Time:     15 Apr 2009 10:42GMT
WEEKLY GBP/JPY CROSS OUTLOOK - +149.00+

Despite stg's retreat fm 151.52 last wk, as long
as 145.07 (prev. res) holds, upmove fm 118.87 shud
resume n break of said res wud extend to 153.90/00.

Buy dips with stop as indicated, breach wud risk
retrace. to 143.00 but 141.81 wud contain downside.

   Rate:     +149.00+
   Strategy:     +Target met+
   Position:     +Long at 146.50+
   Objective:     149.00
   Stop-Loss:     
   Resistance:     149.03/151.52/154.45
   Support:     145.76/142.82/140.61
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Update Time:     15 Apr 2009 10:19GMT
INTRA-DAY EUR/GBP OUTLOOK - 0.8858

Euro's selloff below 0.8878 confirms recent
decline has once again resumed n further weakness
to 0.8853 is envisaged, however, loss of downward
momentum shud limit fall to 0.8830/40 n bring a
much-needed minor correction later.

Wud be prudent to exit short n look to sell
again on recovery as 0.8920/24 wud cap upside...

   Rate:     0.8858
   Strategy:     Exit short
   Position:     Short at 0.8885
   Objective:     
   Stop-Loss:     
   Resistance:     0.8924/0.8954/0.8983
   Support:     0.8853/0.8809/0.8760
*****************************************************
Update Time:     15 Apr 2009 10:18GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4965+

Cable's rebound after finding renewed buying
at 1.4905 suggests pullback fm 1.4975 has possibly
ended there n consolidation with upside bias is
seen, however, breach of said lvl needed to confirm
recent upmove has resumed n extend to 1.4986 res.

Trade fm long side with stop as indicated n
only below said sup wud risk retrace. to 1.4860...

   Rate:     +1.4965+
   Strategy:     +Target met+
   Position:     Long at 1.4920
   Objective:     1.4965
   Stop-Loss:     
   Resistance:     1.4986/1.5008/1.5088
   Support:     1.4905/1.4822/1.4780
*****************************************************
Update Time:     15 Apr 2009 08:47GMT
DAILY GBP/USD OUTLOOK - 1.4925

Although current anticipated rally has justified
our bullishness, cable needs to penetrate y'day's
1.4945 high to confirm upmove has resumed for gain
to 1.4960, then twd chart res at 1.4986.

Wud be prudent to exit long n look to buy again
on pullback as downside shud be ltd to 1.4870/75 n
yield another rise later...

   Rate:     1.4925
   Strategy:     Exit long
   Position:     Long at 1.4835
   Objective:     
   Stop-Loss:     
   Resistance:     1.4960/1.4986/1.5078
   Support:     1.4822/1.4780/1.4746
*****************************************************
Update Time:     15 Apr 2009 06:55GMT
INTRA-DAY USD/CHF OUTLOOK - 1.1425

Despite intra-day anticipated firmness, a break
abv 1.1448 is needed to confirm near term upmove fm
1.1307 has resumed n yield further headway twd 1.14
80/90, otherwise, risk is seen for a retreat later.

Wud be prudent to exit long n then stand aside.
Below 1.1380/90 wud yield pullback to 1.1353 but
break needed to signal recovery fm 1.1307 is over..

   Rate:     1.1425
   Strategy:     Exit long
   Position:     Long at 1.1390
   Objective:     
   Stop-Loss:     
   Resistance:     1.1448/1.1506/1.1530
   Support:     1.1353/1.1323/1.1307
*****************************************************5
Update Time:     15 Apr 2009 06:51GMT
INTRA-DAY GBP/USD OUTLOOK - 1.4835

Despite current anticipated decline, as the move
fm y'day's 1.4945 high is viewed as a retrace. of
recent upmove, downside shud be ltd to 1.4800 n
reckon 1.4780 (prev. res) wud hold, yield a rebound
later today.

Wud be prudent to exit short n stand aside for
now. Only abv 1.4870/75 wud signal low made, 1.4894

   Rate:     1.4835
   Strategy:     Exit short
   Position:     Short at 1.4869
   Objective:     
   Stop-Loss:     
   Resistance:     1.4894/1.4945/1.4960
   Support:     1.4824/1.4780/1.4746
*****************************************************
Update Time:     15 Apr 2009 02:46GMT
INTRA-DAY AUD/USD OUTLOOK - +0.7155+

Aussie has continued to move lower after intra-
day breach of 0.7198 (Aust.) n corrective decline
fm this week's high at 0.7328 is likely to extend
to 0.7150/55 n then 0.7130, however, sup at 0.7096
shud hold due to near term o/sold condition.

Trade fm short side with stop now as indicated,
abv wud defer n risk rebound to 0.7220/30...

   Rate:     +0.7155+
   Strategy:     +Target met+
   Position:     Short at 0.7200
   Objective:     0.7155
   Stop-Loss:     
   Resistance:     0.7198/0.7238/0.7304
   Support:     0.7150/0.7096/0.7051
*****************************************************
Update Time:     15 Apr 2009 01:32GMT
DAILY NZD/USD OUTLOOK - +0.5775+

Kiwi's strg retreat fm 0.5934 (Mon NY high) sug
gests choppy trading below recent 0.5980 top wud
continue with downside bias but 0.5691 shud hold.

Trade fm short side for retracement to 0.5775 n
only abv 0.5905 may risk gain to 0.5934...

   Rate:     +0.5775+
   Strategy:     +Target met+
   Position:     Short at 0.5852
   Objective:     0.5775
   Stop-Loss:     
   Resistance:     0.5871/0.5905/0.5934
   Support:     0.5753/0.5691/0.5637

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