AceTrader 1-wk TRIAL
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Update Time: 13 Aug 2009 17:41GMT
SEP T-BOND FUTURES DAILY OUTLOOK - +118.10+
T-bond's rebound after holding abv y'day's low
of 115.29 suggests pullback fm 118.00 has ended n
re-test of said res is seen, abv extends to 119.08.
Trade fm long side with stop as indicated, break
wud abort n may risk weakness to 114.28...
Rate: +118.10+
Strategy: +Target met+
Position: Long at 116.20
Objective: 118.10
Stop-Loss:
Resistance: 118.23/119.08/120.08
Support: 115.29/114.28/113.22
******************************************************
Update Time: 13 Aug 2009 12:09GMT
DAILY USD/CAD OUTLOOK - +1.0805+
Usd's retreat fm 1.0944 suggests the decline fm
y'day's 1.1077 high to retrace recent upmove has
resumed n below 1.0848 wud extend to 1.0795 later.
Trade fm short side with stop abv 1.0944, break
wud defer n risk stronger gain to 1.1020/30.
Rate: +1.0805+
Strategy: +Target met+
Position: Short at 1.0905
Objective: 1.0805
Stop-Loss:
Resistance: 1.0944/1.0992/1.1077
Support: 1.0848/1.0795/1.0758
******************************************************+
Update Time: 13 Aug 2009 12:04GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4285+
Euro's retreat after being capped at 1.4282
suggests further sideways trading wud be seen in
European session, however, pullback wud be ltd n
yield resumption of upmove fm y'day's low of 1.4086
to 1.4290/00 n possibly twds 1.4328.
Buy again on dips with stop as indicated, below
wud risk stronger pullback twd 1.4181 (Aust.).
Rate: +1.4285+
Strategy: +Target met+
Position: +Long at 1.4250+
Objective: 1.4285
Stop-Loss:
Resistance: 1.4282/1.4328/1.4355
Support: 1.4214/1.4181/1.4123
******************************************************
Update Time: 13 Aug 2009 10:44GMT
DAILY NZD/USD OUTLOOK - +0.6775+
Y'day's rebound fm 0.6599 to 0.6766 signals the
correction fm 0.6820 has ended n gain twd 0.6780 is
seen but reckon said res wud hold on 1st testing.
Trade fm long side with stop now at break-even,
below prolongs choppy trading n risks 0.6662/78...
Rate: +0.6775+
Strategy: +Target met+
Position: Long at 0.6700
Objective: 0.6775
Stop-Loss:
Resistance: 0.6780/0.6820/0.6876
Support: 0.6694/0.6662/0.6599
******************************************************
Update Time: 13 Aug 2009 09:31GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6593+
Although cable has retreated after early rally
to 1.6599 n sideways trading is seen, as renewed
buying interest at 1.6534 lifted price, suggesting
upmove fm y'day's low of 1.6391 wud resume after
consolidation n extend to 1.6610.
Buy at market with stop below there, break
wud risk stronger pullback to 1.6511...
Rate: +1.6593+
Strategy: +Target met+
Position: +Long at 1.6563+
Objective: +1.6593+
Stop-Loss:
Resistance: 1.6599/1.6650/1.6719
Support: 1.6511/1.6471/1.6427
******************************************************
Update Time: 13 Aug 2009 08:01GMT
INTRA-DAY EUR/JPY OUTLOOK - +137.40+
Euro's breach of 136.82 (now sup) suggests a
re-test of 137.29 is seen n break wud signal the
upmove fm y'day's low at 134.10 to retrace decline
fm 138.72 has resumed n extend gain twd 137.37/48
b4 retreat due to loss of momentum.
Buy dips for this move with stop as indicated,
below wud risk pullback twd 136.35/45 b4 up...
Rate: +137.40+
Strategy: +Target met+
Position: +Long at 136.90+
Objective: 137.40
Stop-Loss:
Resistance: 137.48/137.82/138.33
Support: 136.82/136.44/136.18
******************************************************
Update Time: 13 Aug 2009 06:51GMT
INTRA-DAY EUR/USD OUTLOOK - 1.4260
Despite intra-day breach of 1.4248 following
the release of stronger-than-expected German GDP
data, anticipated near term o/bot condition shud
limit upside to 1.4280/85 n a retreat cannot be
ruled out b4 prospect of another rise later.
Exit intra-day long n look to buy again on dips
as only below 1.4210/15 suggests temp. top is made.
Rate: 1.4260
Strategy: Exit long
Position: Long at 1.4230
Objective:
Stop-Loss:
Resistance: 1.4271/1.4328/1.4355
Support: 1.4214/1.4181/1.4123
******************************************************
Update Time: 13 Aug 2009 06:16GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8390+
As renewed buying at 0.8319 has lifted aussie,
suggesting upside bias remains for rise fm 0.8180
(y'day's low) to resume after consolidation n abv
o/head res at 0.8373 wud encourage for further gain
to 0.8390/00 n then 0.8420.
Hold long with stop as indicated n only below
sup at 0.8319 wud risk weakness twd 0.8270/80.
Rate: +0.8390+
Strategy: +Target met+
Position: Long at 0.8351
Objective: 0.8390
Stop-Loss:
Resistance: 0.8431/0.8471/0.8520
Support: 0.8319/0.8272/0.8254
******************************************************
Update Time: 13 Aug 2009 05:29GMT
INTRA-DAY EUR/JPY OUTLOOK - 136.62
Despite euro's anticipated rebound after intra-
day fall fm 136.82 to 136.18, only a breach of said
res wud indicate upmove fm y'day's 134.10 low to
retrace recent decline has resumed n bring re-test
of 137.29 (y'day's high) later.
Wud be prudent to exit long n stand aside. Below
136.18 wud prolong choppy trading n risk 135.70/80.
Rate: 136.62
Strategy: Exit long
Position: Long at 136.30
Objective:
Stop-Loss:
Resistance: 136.82/137.29/137.48
Support: 136.18/135.46/135.04
******************************************************
Update Time: 12 Aug 2009 18:37GMT
INTRA-DAY EUR/JPY OUTLOOK - +135.75+
Euro's sharp retreat fm 137.29 after FOMC rate
decision suggests an intra-day top has possibly
been formed there n downside bias is seen for fall
to 135.99 (prev. res) n then to 135.70/75, however,
reckon 135.35/40 wud hold n yield rebound.
Sell at market for this move with stop as indi-
cated, abv wud risk gain to 136.85/90...
Rate: +135.75+
Strategy: +Target met+
Position: +Short at 136.20+
Objective: 135.75
Stop-Loss:
Resistance: 136.60/137.29/137.48
Support: 135.41/135.04/134.10
******************************************************
Update Time: 12 Aug 2009 18:56GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6520+
Despite cable's brief pullback to 1.6427, subse
quent rebound after holding abv 1.6391 suggests
further choppy trading wud be seen with upside bias
for another bounce to 1.6520/30 but abv 1.6560 res
needed to bring stronger retrace. to 1.6600/10.
Buy at market with stop as indicated n only be-
low 1.6427 wud abort n yield re-test of said sup...
Rate: +1.6520+
Strategy: +Target met+
Position: Long at 1.6480
Objective: 1.6520
Stop-Loss:
Resistance: 1.6560/1.6610/1.6650
Support: 1.6427/1.6391/1.6350
******************************************************
Update Time: 12 Aug 2009 18:18GMT
INTRA-DAY USD/JPY OUTLOOK - +96.55+
Dlr's firmness after the release of FOMC
statement suggests corrective fall fm 97.79 has
ended earlier at 95.12, consolidation with upside
bias is seen for gain to 96.55 but res at 95.92 wud
cap upside n yield further choppy trading.
Buy at market with stop as indicated, break wud
risk weakness to 95.70/71....
Rate: +96.55+
Strategy: +Target met+
Position: +Long at 96.20+
Objective: 96.55
Stop-Loss:
Resistance: 96.55/96.92/97.50
Support: 95.75/95.12/94.76
******************************************************
Update Time: 12 Aug 2009 15:38GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6550+
Cable's intra-day rally fm 1.6391 to 1.6560
signals decline fm 1.7044 has formed a temp. low
there n consolidation with upside bias remains, abv
1.6560 wud bring stronger retrace. to 1.6600/10 but
reckon 1.6650 wud cap upside.
Buy on dips with stop as indicated, break wud
prolong choppy trading n risk 1.6432...
Rate: +1.6550+
Strategy: +Target met+
Position: +Long at 1.6510+
Objective: +1.6550+
Stop-Loss:
Resistance: 1.6560/1.6610/1.6650
Support: 1.6480/1.6432/1.6391
******************************************************
Update Time: 12 Aug 2009 12:16GMT
INTRA-DAY EUR/JPY OUTLOOK - +135.85+
Euro's intra-day anticipated strg rebound con-
firms fall fm last week's high at 138.72 has formed
a low at 134.10 today n consolidation with upside
bias remains for gain to 135.85 but reckon 135.99
(Aust.) wud cap present rise n yield retreat later.
Reinstate long on dips for this move n only firm
break of 134.95/00 wud abort near term bullishness.
Rate: +135.85+
Strategy: +Target met+
Position: +Long at 135.45+
Objective: 135.85
Stop-Loss:
Resistance: 135.99/136.45/136.95
Support: 134.10/133.70/133.23
******************************************************
Update Time: 12 Aug 2009 10:08GMT
INTRA-DAY EUR/JPY OUTLOOK - +135.50+
Euro's strg rebound fm 134.10 suggests a temp.
low has possibly formed there n consolidation with
upside bias is seen for gain to 135.45/50, however,
abv 135.99 is needed to confirm n bring correction
to 136.45.
Buy on dips with stop as indicated, break wud
yield weakness to 134.50/60 but said sup shud hold.
Rate: +135.50+
Strategy: +Target met+
Position: +Long at 135.10+
Objective: 135.50
Stop-Loss:
Resistance: 135.99/136.45/136.95
Support: 134.10/133.70/133.23
******************************************************
Update Time: 12 Aug 2009 09:55GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8610+
As euro has rebounded after holding abv prev.
sup at 0.8563, subsequent breach of 0.8590 suggests
correction fm y'day's high at 0.8616 has ended n a
a re-test of this res is seen but abv is needed to
extend recent 'erratic' upmove twd 0.8630/35.
Buy again on dips with stop as indicated n only
below 0.8563 wud abort present bullishness.
Rate: +0.8610+
Strategy: +Target met+
Position: +Long at 0.8585+
Objective: 0.8610
Stop-Loss:
Resistance: 0.8616/0.8633/0.8654
Support: 0.8563/0.8540/0.8511
******************************************************
Update Time: 12 Aug 2009 06:51GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8600+
Despite euro's retreat after y'day's bounce fm
0.8563 to 0.8590, as long as said sup holds, mild
upside bias remains for gain to 0.8600 but breach
of 0.8616 (y'day's high) is needed to extend recent
erratic rise fm 0.8454 to 0.8630/35.
Remain as cautious buyer with stop below there,
break risks another corrective fall to 0.8540/45.
Rate: +0.8600+
Strategy: +Target met+
Position: Long at 0.8570
Objective: 0.8600
Stop-Loss:
Resistance: 0.8616/0.8633/0.8654
Support: 0.8563/0.8540/0.8511
******************************************************
Update Time: 12 Aug 2009 06:23GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6455+
Despite intra-day sideways trading, as long as
indicated res 1.6517 holds, further consolidation
inside the near term range of 1.6431-1.6528 is seen
with downside bias for weakness to 1.6453 but below
1.6431 is needed to signal decline has resumed.
Remain as cautious seller n only abv 1.6528 wud
risk stronger correction to 1.6550/60.
Rate: +1.6455+
Strategy: +Target met+
Position: Short at 1.6495
Objective: 1.6455
Stop-Loss:
Resistance: 1.6528/1.6556/1.6587
Support: 1.6453/1.6431/1.6405
******************************************************
Update Time: 12 Aug 2009 06:12GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8225+
As aud has remained under pressure after intra-
day breach of 0.8276 (now res), suggesting decline
fm last week's top at 0.8471 to retrace recent up-
move wud extend twd 0.8210/20 but 0.8190 shud limit
downside due to anticipated o/sold condition.
Trade fm short side with stop as indicated, abv
wud suggest temp. low is made n risk 0.8305/10.
Rate: +0.8225+
Strategy: +Target met+
Position: Short at 0.8263
Objective: 0.8225
Stop-Loss:
Resistance: 0.8276/0.8320/0.8390
Support: 0.8221/0.8162/0.8125
******************************************************
Update Time: 12 Aug 2009 03:03GMT
INTRA-DAY USD/JPY OUTLOOK - 95.56
Despite intra-day anticipated weakness due to
renewed cross buying in yen, near term loss of
momentum shud limit downside fm here to 95.20/30 n
risk has increased for a corrective bounce b4 pros-
pect of another fall later.
Exit short n look to sell again on recovery as
96.09/11 shud cap upside.
Rate: 95.56
Strategy: Exit short
Position: Short at 95.87
Objective:
Stop-Loss:
Resistance: 96.11/96.55/96.92
Support: 95.47/95.05/94.36
******************************************************
Update Time: 13 Aug 2009 17:41GMT
SEP T-BOND FUTURES DAILY OUTLOOK - +118.10+
T-bond's rebound after holding abv y'day's low
of 115.29 suggests pullback fm 118.00 has ended n
re-test of said res is seen, abv extends to 119.08.
Trade fm long side with stop as indicated, break
wud abort n may risk weakness to 114.28...
Rate: +118.10+
Strategy: +Target met+
Position: Long at 116.20
Objective: 118.10
Stop-Loss:
Resistance: 118.23/119.08/120.08
Support: 115.29/114.28/113.22
******************************************************
Update Time: 13 Aug 2009 12:09GMT
DAILY USD/CAD OUTLOOK - +1.0805+
Usd's retreat fm 1.0944 suggests the decline fm
y'day's 1.1077 high to retrace recent upmove has
resumed n below 1.0848 wud extend to 1.0795 later.
Trade fm short side with stop abv 1.0944, break
wud defer n risk stronger gain to 1.1020/30.
Rate: +1.0805+
Strategy: +Target met+
Position: Short at 1.0905
Objective: 1.0805
Stop-Loss:
Resistance: 1.0944/1.0992/1.1077
Support: 1.0848/1.0795/1.0758
******************************************************+
Update Time: 13 Aug 2009 12:04GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4285+
Euro's retreat after being capped at 1.4282
suggests further sideways trading wud be seen in
European session, however, pullback wud be ltd n
yield resumption of upmove fm y'day's low of 1.4086
to 1.4290/00 n possibly twds 1.4328.
Buy again on dips with stop as indicated, below
wud risk stronger pullback twd 1.4181 (Aust.).
Rate: +1.4285+
Strategy: +Target met+
Position: +Long at 1.4250+
Objective: 1.4285
Stop-Loss:
Resistance: 1.4282/1.4328/1.4355
Support: 1.4214/1.4181/1.4123
******************************************************
Update Time: 13 Aug 2009 10:44GMT
DAILY NZD/USD OUTLOOK - +0.6775+
Y'day's rebound fm 0.6599 to 0.6766 signals the
correction fm 0.6820 has ended n gain twd 0.6780 is
seen but reckon said res wud hold on 1st testing.
Trade fm long side with stop now at break-even,
below prolongs choppy trading n risks 0.6662/78...
Rate: +0.6775+
Strategy: +Target met+
Position: Long at 0.6700
Objective: 0.6775
Stop-Loss:
Resistance: 0.6780/0.6820/0.6876
Support: 0.6694/0.6662/0.6599
******************************************************
Update Time: 13 Aug 2009 09:31GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6593+
Although cable has retreated after early rally
to 1.6599 n sideways trading is seen, as renewed
buying interest at 1.6534 lifted price, suggesting
upmove fm y'day's low of 1.6391 wud resume after
consolidation n extend to 1.6610.
Buy at market with stop below there, break
wud risk stronger pullback to 1.6511...
Rate: +1.6593+
Strategy: +Target met+
Position: +Long at 1.6563+
Objective: +1.6593+
Stop-Loss:
Resistance: 1.6599/1.6650/1.6719
Support: 1.6511/1.6471/1.6427
******************************************************
Update Time: 13 Aug 2009 08:01GMT
INTRA-DAY EUR/JPY OUTLOOK - +137.40+
Euro's breach of 136.82 (now sup) suggests a
re-test of 137.29 is seen n break wud signal the
upmove fm y'day's low at 134.10 to retrace decline
fm 138.72 has resumed n extend gain twd 137.37/48
b4 retreat due to loss of momentum.
Buy dips for this move with stop as indicated,
below wud risk pullback twd 136.35/45 b4 up...
Rate: +137.40+
Strategy: +Target met+
Position: +Long at 136.90+
Objective: 137.40
Stop-Loss:
Resistance: 137.48/137.82/138.33
Support: 136.82/136.44/136.18
******************************************************
Update Time: 13 Aug 2009 06:51GMT
INTRA-DAY EUR/USD OUTLOOK - 1.4260
Despite intra-day breach of 1.4248 following
the release of stronger-than-expected German GDP
data, anticipated near term o/bot condition shud
limit upside to 1.4280/85 n a retreat cannot be
ruled out b4 prospect of another rise later.
Exit intra-day long n look to buy again on dips
as only below 1.4210/15 suggests temp. top is made.
Rate: 1.4260
Strategy: Exit long
Position: Long at 1.4230
Objective:
Stop-Loss:
Resistance: 1.4271/1.4328/1.4355
Support: 1.4214/1.4181/1.4123
******************************************************
Update Time: 13 Aug 2009 06:16GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8390+
As renewed buying at 0.8319 has lifted aussie,
suggesting upside bias remains for rise fm 0.8180
(y'day's low) to resume after consolidation n abv
o/head res at 0.8373 wud encourage for further gain
to 0.8390/00 n then 0.8420.
Hold long with stop as indicated n only below
sup at 0.8319 wud risk weakness twd 0.8270/80.
Rate: +0.8390+
Strategy: +Target met+
Position: Long at 0.8351
Objective: 0.8390
Stop-Loss:
Resistance: 0.8431/0.8471/0.8520
Support: 0.8319/0.8272/0.8254
******************************************************
Update Time: 13 Aug 2009 05:29GMT
INTRA-DAY EUR/JPY OUTLOOK - 136.62
Despite euro's anticipated rebound after intra-
day fall fm 136.82 to 136.18, only a breach of said
res wud indicate upmove fm y'day's 134.10 low to
retrace recent decline has resumed n bring re-test
of 137.29 (y'day's high) later.
Wud be prudent to exit long n stand aside. Below
136.18 wud prolong choppy trading n risk 135.70/80.
Rate: 136.62
Strategy: Exit long
Position: Long at 136.30
Objective:
Stop-Loss:
Resistance: 136.82/137.29/137.48
Support: 136.18/135.46/135.04
******************************************************
Update Time: 12 Aug 2009 18:37GMT
INTRA-DAY EUR/JPY OUTLOOK - +135.75+
Euro's sharp retreat fm 137.29 after FOMC rate
decision suggests an intra-day top has possibly
been formed there n downside bias is seen for fall
to 135.99 (prev. res) n then to 135.70/75, however,
reckon 135.35/40 wud hold n yield rebound.
Sell at market for this move with stop as indi-
cated, abv wud risk gain to 136.85/90...
Rate: +135.75+
Strategy: +Target met+
Position: +Short at 136.20+
Objective: 135.75
Stop-Loss:
Resistance: 136.60/137.29/137.48
Support: 135.41/135.04/134.10
******************************************************
Update Time: 12 Aug 2009 18:56GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6520+
Despite cable's brief pullback to 1.6427, subse
quent rebound after holding abv 1.6391 suggests
further choppy trading wud be seen with upside bias
for another bounce to 1.6520/30 but abv 1.6560 res
needed to bring stronger retrace. to 1.6600/10.
Buy at market with stop as indicated n only be-
low 1.6427 wud abort n yield re-test of said sup...
Rate: +1.6520+
Strategy: +Target met+
Position: Long at 1.6480
Objective: 1.6520
Stop-Loss:
Resistance: 1.6560/1.6610/1.6650
Support: 1.6427/1.6391/1.6350
******************************************************
Update Time: 12 Aug 2009 18:18GMT
INTRA-DAY USD/JPY OUTLOOK - +96.55+
Dlr's firmness after the release of FOMC
statement suggests corrective fall fm 97.79 has
ended earlier at 95.12, consolidation with upside
bias is seen for gain to 96.55 but res at 95.92 wud
cap upside n yield further choppy trading.
Buy at market with stop as indicated, break wud
risk weakness to 95.70/71....
Rate: +96.55+
Strategy: +Target met+
Position: +Long at 96.20+
Objective: 96.55
Stop-Loss:
Resistance: 96.55/96.92/97.50
Support: 95.75/95.12/94.76
******************************************************
Update Time: 12 Aug 2009 15:38GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6550+
Cable's intra-day rally fm 1.6391 to 1.6560
signals decline fm 1.7044 has formed a temp. low
there n consolidation with upside bias remains, abv
1.6560 wud bring stronger retrace. to 1.6600/10 but
reckon 1.6650 wud cap upside.
Buy on dips with stop as indicated, break wud
prolong choppy trading n risk 1.6432...
Rate: +1.6550+
Strategy: +Target met+
Position: +Long at 1.6510+
Objective: +1.6550+
Stop-Loss:
Resistance: 1.6560/1.6610/1.6650
Support: 1.6480/1.6432/1.6391
******************************************************
Update Time: 12 Aug 2009 12:16GMT
INTRA-DAY EUR/JPY OUTLOOK - +135.85+
Euro's intra-day anticipated strg rebound con-
firms fall fm last week's high at 138.72 has formed
a low at 134.10 today n consolidation with upside
bias remains for gain to 135.85 but reckon 135.99
(Aust.) wud cap present rise n yield retreat later.
Reinstate long on dips for this move n only firm
break of 134.95/00 wud abort near term bullishness.
Rate: +135.85+
Strategy: +Target met+
Position: +Long at 135.45+
Objective: 135.85
Stop-Loss:
Resistance: 135.99/136.45/136.95
Support: 134.10/133.70/133.23
******************************************************
Update Time: 12 Aug 2009 10:08GMT
INTRA-DAY EUR/JPY OUTLOOK - +135.50+
Euro's strg rebound fm 134.10 suggests a temp.
low has possibly formed there n consolidation with
upside bias is seen for gain to 135.45/50, however,
abv 135.99 is needed to confirm n bring correction
to 136.45.
Buy on dips with stop as indicated, break wud
yield weakness to 134.50/60 but said sup shud hold.
Rate: +135.50+
Strategy: +Target met+
Position: +Long at 135.10+
Objective: 135.50
Stop-Loss:
Resistance: 135.99/136.45/136.95
Support: 134.10/133.70/133.23
******************************************************
Update Time: 12 Aug 2009 09:55GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8610+
As euro has rebounded after holding abv prev.
sup at 0.8563, subsequent breach of 0.8590 suggests
correction fm y'day's high at 0.8616 has ended n a
a re-test of this res is seen but abv is needed to
extend recent 'erratic' upmove twd 0.8630/35.
Buy again on dips with stop as indicated n only
below 0.8563 wud abort present bullishness.
Rate: +0.8610+
Strategy: +Target met+
Position: +Long at 0.8585+
Objective: 0.8610
Stop-Loss:
Resistance: 0.8616/0.8633/0.8654
Support: 0.8563/0.8540/0.8511
******************************************************
Update Time: 12 Aug 2009 06:51GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8600+
Despite euro's retreat after y'day's bounce fm
0.8563 to 0.8590, as long as said sup holds, mild
upside bias remains for gain to 0.8600 but breach
of 0.8616 (y'day's high) is needed to extend recent
erratic rise fm 0.8454 to 0.8630/35.
Remain as cautious buyer with stop below there,
break risks another corrective fall to 0.8540/45.
Rate: +0.8600+
Strategy: +Target met+
Position: Long at 0.8570
Objective: 0.8600
Stop-Loss:
Resistance: 0.8616/0.8633/0.8654
Support: 0.8563/0.8540/0.8511
******************************************************
Update Time: 12 Aug 2009 06:23GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6455+
Despite intra-day sideways trading, as long as
indicated res 1.6517 holds, further consolidation
inside the near term range of 1.6431-1.6528 is seen
with downside bias for weakness to 1.6453 but below
1.6431 is needed to signal decline has resumed.
Remain as cautious seller n only abv 1.6528 wud
risk stronger correction to 1.6550/60.
Rate: +1.6455+
Strategy: +Target met+
Position: Short at 1.6495
Objective: 1.6455
Stop-Loss:
Resistance: 1.6528/1.6556/1.6587
Support: 1.6453/1.6431/1.6405
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Update Time: 12 Aug 2009 06:12GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8225+
As aud has remained under pressure after intra-
day breach of 0.8276 (now res), suggesting decline
fm last week's top at 0.8471 to retrace recent up-
move wud extend twd 0.8210/20 but 0.8190 shud limit
downside due to anticipated o/sold condition.
Trade fm short side with stop as indicated, abv
wud suggest temp. low is made n risk 0.8305/10.
Rate: +0.8225+
Strategy: +Target met+
Position: Short at 0.8263
Objective: 0.8225
Stop-Loss:
Resistance: 0.8276/0.8320/0.8390
Support: 0.8221/0.8162/0.8125
******************************************************
Update Time: 12 Aug 2009 03:03GMT
INTRA-DAY USD/JPY OUTLOOK - 95.56
Despite intra-day anticipated weakness due to
renewed cross buying in yen, near term loss of
momentum shud limit downside fm here to 95.20/30 n
risk has increased for a corrective bounce b4 pros-
pect of another fall later.
Exit short n look to sell again on recovery as
96.09/11 shud cap upside.
Rate: 95.56
Strategy: Exit short
Position: Short at 95.87
Objective:
Stop-Loss:
Resistance: 96.11/96.55/96.92
Support: 95.47/95.05/94.36
******************************************************
