*******************************************************
Update Time:     03 Aug 2009 08:38GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4255+

Present rebound after finding renewed buying
at 1.4206 suggests pullback fm 1.4310 (Aust.) has
possibly ended there n consolidation with upside
bias wud be be seen, however, abv 1.4280 needed to
confirm n yield re-test of said res.

Trade fm long side with stop as indicated,
break wud risk stronger retrace. to 1.4175/80...

   Rate:     +1.4255+
   Strategy:     +Target met+
   Position:     Long at 1.4215
   Objective:     1.4255
   Stop-Loss:     
   Resistance:     1.4280/1.4310/1.4339
   Support:     1.4206/1.4146/1.4086
*******************************************************
Update Time:     03 Aug 2009 08:29GMT
DAILY GBP/USD OUTLOOK - +1.6810+

Although cable has retreated after rising to a
fresh 09' high of 1.6780 today, reckon 1.6680/85
wud contain weakness n bring resumption of recent
upmove twd 1.6831 but near term loss of momentum
shud prevent strg gain n 1.6880/90 wud hold.

Raise long entry for this move, stop as indicat-
ed n only below 1.6587 wud confirm top is made.

   Rate:     +1.6810+
   Strategy:     +Target met+
   Position:     +Long at 1.6705+
   Objective:     1.6810
   Stop-Loss:     
   Resistance:     1.6831/1.6942/1.7000
   Support:     1.6684/1.6626/1.6587
*******************************************************
Update Time:     03 Aug 2009 08:03GMT
INTRA-DAY EUR/JPY OUTLOOK - 135.25

Although euro's anticipated firmness suggests a
rise twd 135.44 is likely, only a breach of 135.60
(Friday's high) wud confirm upmove fm 132.80 has
resumed n extend gain twd 133.95/00 b4 prospect of
a retreat due to near term loss of momentum.

Wud be prudent to exit long n stand side. Below
134.80/90 wud prolong choppy trading, 134.58...

   Rate:     135.25
   Strategy:     Exit long
   Position:     Long at 134.80
   Objective:     
   Stop-Loss:     
   Resistance:     135.44/135.60/135.98
   Support:     134.58/134.30/133.98
*******************************************************
Update Time:     03 Aug 2009 08:02GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8485+

Euro's weakness after penetrating last week's
0.8503 low signals erratic decline fm 0.8699 has
resumed n further fall to indicated obj. is seen,
however, nr term loss of momentum shud limit down-
side n reckon 0.8465/75 wud hold.

Trade fm short side with stop now as suggested,
break wud risk stronger recovery twd 0.8535 b4 down

   Rate:     +0.8485+
   Strategy:     +Target met+
   Position:     Short at 0.8515
   Objective:     0.8485
   Stop-Loss:     
   Resistance:     0.8510/0.8535/0.8554
   Support:     0.8488/0.8437/0.8400
*******************************************************
Update Time:     03 Aug 2009 00:24GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4260+

Although euro has penetrated Friday's NY high at
1.4280 ahead of Tokyo opening, as long as last wk's
high at 1.4305 holds, another pullback to 1.4260 is
likely but reckon minor sup at 1.4240/45 wud remain
intact n yield resumption of upmove later today.

For st trade, venture selling with stop as indi-
cated, abv may risk re-test of 09' top at 1.4339.

   Rate:     +1.4260+
   Strategy:     +Target met+
   Position:     +Short at 1.4300+
   Objective:     1.4260
   Stop-Loss:     
   Resistance:     1.4305/1.4339/1.4385
   Support:     1.4243/1.4195/1.4146

*******************************************************