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Update Time:     20 Jul 2009 07:58GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4215+

As euro has penetrated 1.4183 (Asia) in part due
to renewed cross buying vs yen, retaining upside
bias for gain to 1.4202 n abv wud signal 'breakout'
of broad 1.3748-1.4339 range has occured, bring
further headway twd 1.4220/30.

Hold long with stop as indicated, below suggests
intra-day top is made n risks 1.4110/20...

   Rate:     +1.4215+
   Strategy:     +Target met+
   Position:     Long at 1.4170
   Objective:     1.4215
   Stop-Loss:     
   Resistance:     1.4269/1.4286/1.4339
   Support:     1.4166/1.4147/1.4097
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Update Time:     20 Jul 2009 07:50GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6492+

As cable has risen after brief retreat, suggest
ing erratic upmove fm 1.5983 has possibly resumed n
abv last week's high at 1.6482 wud confirm, bring
further gain to 1.6500/10, however, o/bot condition
wud cap price at 1.6546 res.

Buy at market with stop as indicated n only
below 1.6427 wud defer n risk 1.6390...

   Rate:     +1.6492+
   Strategy:     +Target met+
   Position:     +Long at 1.6462+
   Objective:     +1.6492+
   Stop-Loss:     
   Resistance:     1.6501/1.6546/1.6619
   Support:     1.6390/1.6320/1.6266
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Update Time:     17 Jul 2009 09:32GMT
DAILY EUR/GBP OUTLOOK - +0.8650+

Euro's rebound after holding abv this week's low
at 0.8553 suggests consolidation with upside bias
remains for gain to 0.8650/55 but a rise abv there
is needed to signal erratic upmove fm 0.8400 has
resumed n yield re-test of 0.8699 'later'.

Trade fm long side with stop now as indicated n
only below 0.8578 risks possible re-test of 0.8553.

   Rate:     +0.8650+
   Strategy:     +Target met+
   Position:     Long at 0.8581
   Objective:     0.8650
   Stop-Loss:     
   Resistance:     0.8699/0.8734/0.8796
   Support:     0.8578/0.8553/0.8537
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Update Time:     17 Jul 2009 07:05GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6320

Although cable has remained under pressure
after cross-inspired breach of 1.6356/62 (now res),
near term loss of momentum shud prevent steep fall
below 1.6302 n risk has increased for a corrective
bounce b4 prospect of another decline later.

Exit intra-day short n look to sell again on
recovery. Below 1.6302 wud extend to 1.6260/70...

   Rate:     1.6320
   Strategy:     Exit short
   Position:     Short at 1.6351
   Objective:     
   Stop-Loss:     
   Resistance:     1.6356/1.6414/1.6482
   Support:     1.6302/1.6240/1.6229
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Update Time:     17 Jul 2009 06:58GMT
INTRA-DAY EUR/USD OUTLOOK - 1.4090

Despite intra-day anticipated breach of 1.4094
in part due to cross selling vs yen, below previous
sup at 1.4055 is needed signal stronger correction
of recent upmove is under way n extend decline fm
y'day's high at 1.4166 to 1.4020/30.

Exit intra-day short n sell again on recovery
as res at 1.4133 shud limit upside...

   Rate:     1.4090
   Strategy:     Exit short
   Position:     Short at 1.4125
   Objective:     
   Stop-Loss:     
   Resistance:     1.4133/1.4166/1.4202
   Support:     1.4055/1.4015/1.3989
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Update Time:     17 Jul 2009 01:41GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4095+

Euro's o/n retreat after being capped below
y'day's high at 1.4166 suggests as long as said res
holds, mild downside bias remains for correction of
recent upmove n below 1.4096 wud signal temp. top
has been formed, extend further weakness to 1.4055.

Remain as cautious seller with stop abv said
res as break wud risk one more rise to 1.4185/90.

   Rate:     +1.4095+
   Strategy:     +Target met+
   Position:     Short at 1.4140
   Objective:     1.4095
   Stop-Loss:     
   Resistance:     1.4119/1.4166/1.4202
   Support:     1.4055/1.4015/1.3989
**************************************************
Update Time:     17 Jul 2009 01:30GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8000+

As aud has retreated after rising to a marginal
high o/n at 0.8073, suggesting a temp. top has
possibly been formed n consolidation with downside
bias is seen for correction to 0.7990/00, however,
reckon 0.7961 (y'day's low) wud hold in Asia.

Sell for this move with stop as indicated n
only abv 0.8073 wud risk further gain to 0.8095/00.

   Rate:     +0.8000+
   Strategy:     +Target met+
   Position:     +Short at 0.8041+
   Objective:     0.8000
   Stop-Loss:     
   Resistance:     0.8048/0.8073/0.8109
   Support:     0.7998/0.7961/0.7926
**************************************************
Update Time:     17 Jul 2009 01:09GMT
INTRA-DAY EUR/JPY OUTLOOK - +132.20+

Euro's retreat after meeting selling interest
o/n at 132.95 suggests further consolidation below
this week's high at 133.40 is seen with downside
bias for weakness to 132.10/20, however, below sup
at 131.60 needed to signal top is made, 131.20/30.

Sell on minor recovery with stop as indicated n
only abv 133.21 wud risk re-test of 133.40...

   Rate:     +132.20+
   Strategy:     +Target met+
   Position:     +Short at 132.65+
   Objective:     132.20
   Stop-Loss:     
   Resistance:     132.95/133.21/133.40
   Support:     131.99/131.60/130.96
**************************************************
Update Time:     17 Jul 2009 00:31GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8620+

As euro has continued to trade with a firm under
tone after early rebound fm 0.8553, suggesting con-
solidation with upside bias remains for correction
of the decline fm 0.8699 to 0.8620 n 0.8640/50 b4
retreat due to anticipated nr term o/bot condition.

Hold long with stop as indicated n only below
0.8578 signals aforesaid rise fm 0.8553 has ended.

   Rate:     +0.8620+
   Strategy:     +Target met+
   Position:     Long at 0.8590
   Objective:     0.8620
   Stop-Loss:     
   Resistance:     0.8628/0.8672/0.8699
   Support:     0.8578/0.8553/0.8537

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