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Update Time:     12 Nov 2009 22:48GMT
DAILY AUD/USD OUTLOOK - 0.9230

Aussie's selloff after rising to a 15-month high
y'day at 0.9370 signals recent upmove has formed a
temp. top n below 0.9210 wud bring correction of MT
uptrend to 0.9160/70, however, anticipated o/sold
condition shud keep price well abv 0.9112 sup.

Wud be prudent to exit short n look to sell on
recovery as upside shud be capped below 0.9312.

   Rate:     0.9230
   Strategy:     Exit short
   Position:     Short at 0.9300
   Objective:     
   Stop-Loss:     
   Resistance:     0.9261/0.9312/0.9370
   Support:     0.9182/0.9112/0.9076
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Update Time:     12 Nov 2009 13:25GMT
INTRA-DAY USD/JPY OUTLOOK - +90.10+

Dlr's rebound after finding renewed buying at
89.64 suggests pullback fm y'day's high of 90.04
has possibly ended n consolidation with upside bias
remains for another rise twds 90.19/26 res area,
abv wud extend to 90.40/42 later.

Trade fm long side with stop as indicated n only
below sup at 89.18 wud abort daily bullishness.

   Rate:     +90.10+
   Strategy:     +Target met+
   Position:     Long at 89.75
   Objective:     90.10
   Stop-Loss:     
   Resistance:     90.26/90.86/91.34
   Support:     89.46/89.29/89.18
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Update Time:     12 Nov 2009 12:32GMT
INTRA-DAY EUR/JPY OUTLOOK - +134.05+

As euro has fallen after meeting renewed sell-
ing below 135.02 sup, suggesting further choppy
consolidation inside 133.20-135.76 broad range wud
continue n weakness to 134.00/05 n possibly 133.80
is seen but break needed to extend to 133.50/60.

Sell recovery with stop as indicated, break
wud risk gain to 134.70/80 but said res wud hold...

   Rate:     +134.05+
   Strategy:     +Target met+
   Position:     +Short at 134.35+
   Objective:     +134.05+
   Stop-Loss:     
   Resistance:     134.35/135.02/135.40
   Support:     133.80/133.37/133.20
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Update Time:     12 Nov 2009 12:32GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6540+

Although cable has recovered after intra-day
selloff to 1.6515, renewed selling at 1.6592 pres-
sured price again n consolidation with downside
bias is seen for pullback to 1.6525/35, however,
breach of said sup needed to extend to 1.6478.

Hold short wtih stop as indicated, break wud
signal temp. low is made n risk 1.6627...

   Rate:     +1.6540+
   Strategy:     +Target met+
   Position:     Short at 1.6575
   Objective:     +1.6540+
   Stop-Loss:     
   Resistance:     1.6627/1.6671/1.6710
   Support:     1.6515/1.6478/1.6410
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Update Time:     11 Nov 2009 11:24GMT
DAILY EUR/USD OUTLOOK - +1.5038+

As euro has rebounded after y'day's retreat to
1.4938, suggesting correction fm this week's high
at 1.5021 has ended there n abv said res wud bring
re-test of '09 top at 1.5064, however, abv needed
to extend MT uptrend to 1.5100/10.

+Wud be prudent to exit long n look to buy euro
again on dips as 1.4938 sup wud remain intact.+

   Rate:     +1.5038+
   Strategy:     +Exit long+
   Position:     Long at 1.4950
   Objective:     
   Stop-Loss:     
   Resistance:     1.5064/1.5106/1.5156
   Support:     1.5000/1.4969/1.4938
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Update Time:     11 Nov 2009 11:00GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9050+

Euro's breach of 0.9018 (y'day's high) after the
release of U.K. inflation report signals rise fm 0.
8896 to retrace recent decline has resumed n upside
bias is seen for stronger gain to 0.9050 but reckon
0.9061 res wud hold due to nr term o/bot condition.

Buy at market with stop as indicated, below wud
risk pullback twd 0.8955/65 b4 up...

   Rate:     +0.9050+
   Strategy:     +Target met+
   Position:     Long at 0.9019
   Objective:     0.9050
   Stop-Loss:     
   Resistance:     0.9061/0.9096/0.9135
   Support:     0.9018/0.8998/0.8944
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Update Time:     11 Nov 2009 10:59GMT
DAILY EUR/GBP CROSS OUTLOOK - +0.9040+

Although euro has retreated after y'day's rally
to 0.9018, if our view that a temp. low has been
formed earlier this week at 0.8896 is correct, mild
upside bias remains for another rise n abv said res
wud bring retrace. of recent decline to 0.9040/50.

Trade fm long side with stop as indicated, below
wud abort n may risk re-test of 0.8896.

   Rate:     +0.9040+
   Strategy:     +Target met+
   Position:     Long at 0.8960
   Objective:     0.9040
   Stop-Loss:     
   Resistance:     0.9061/0.9096/0.9135
   Support:     0.8998/0.8937/0.8896
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Update Time:     11 Nov 2009 10:33GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8985+

Euro's rebound after holding abv 0.8944 (NY) sug
gests consolidation with mild upside wud be seen
for gain twd 0.8998, however, a break is needed to
signal retreat fm y'day's high at 0.9018 has ended
n bring re-test of said res later.

Turn long on dips n only below 0.8937 wud defer
daily bullishness n may risk 0.8920/25...

   Rate:     +0.8985+
   Strategy:     +Target met+
   Position:     +Long at 0.8950+
   Objective:     +0.8985+
   Stop-Loss:     
   Resistance:     0.8998/0.9018/0.9053
   Support:     0.8944/0.8937/0.8912
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Update Time:     11 Nov 2009 08:26GMT
INTRA-DAY AUD/USD OUTLOOK - +0.9340+

Despite aud's intra-day rise to 0.9325, subse-
quent stronger-than-expected retreat suggests caut-
ion on our long n 0.9280/85 must hold to retain
bullishness for a re-test of '09 high at 0.9330,
abv wud extend MT upmove to 0.9360/65.

Hold long with stop as indicated n only below
0.9255/65 signals temp. top has been made, 0.9238.

   Rate:     +0.9340+
   Strategy:     +Target met+
   Position:     Long at 0.9300
   Objective:     0.9340
   Stop-Loss:     
   Resistance:     0.9361/0.9392/0.9420
   Support:     0.9255/0.9238/0.9198
*****************************************************
Update Time:     11 Nov 2009 07:46GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6745+

Present rebound after finding renewed buying at
1.6710 suggests pullback fm 1.6755 has possibly end
ed there n erratic upmove fm y'day's low of 1.6600
wud resume for re-test of said lvl, abv wud extend
gain to 1.6789 res later.

Buy on dips with stop as indicated, break wud
risk stronger retreat to 1.6670/71...

   Rate:     +1.6745+
   Strategy:     +Target met+
   Position:     +Long at 1.6715+
   Objective:     +1.6745+
   Stop-Loss:     
   Resistance:     1.6755/1.6789/1.6844
   Support:     1.6671/1.6648/1.6600

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