Update Time: 17 Nov 2010 08:04GMT
INTRA-DAY EUR/USD OUTLOOK – +1.3470+
Euro’s retreat after intra-day brief but strg
rebound fm 1.3468 to 1.3518 suggests consolidation
with downside bias is seen but breach of said Asian
1.3468 low is needed to confirm recovery fm y’day’s
low of 1.3446 is over n yield re-test of said sup.
Trade fm short side with stop abv there, break
wud risk stronger bounce to 1.3545/50 b4 down.
Rate: +1.3470+
Strategy: +Target met+
Position: Short at 1.3505
Objective: 1.3470
Stop-Loss:
Resistance: 1.3518/1.3560/1.3614
Support: 1.3468/1.3446/1.3400
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Update Time: 16 Nov 2010 16:09GMT
DAILY NZD/USD OUTLOOK – +0.7665+
Despite nzd’s retreat fm 0.7777, below y’day’s
low of 0.7683 needed to extend recent fall marginal
ly to 0.7665 but reckon 0.7645 shud hold.
Trade fm short side with stop as indicated n on-
ly abv 0.7756 wud yield re-test of said 0.7777.
Rate: +0.7665+
Strategy: +Target met+
Position: Short at 0.7740
Objective: 0.7665
Stop-Loss:
Resistance: 0.7777/0.7825/0.7874
Support: 0.7683/0.7645/0.7571
**********
Update Time: 16 Nov 2010 16:08GMT
INTRA-DAY USD/JPY OUTLOOK – +83.40+
Despite dlr’s retreat fm a 6-week high of 83.34
in Europe, as long as nr term good sup 83.00 holds,
outlook remains mildly bullish for recent erratic
rise fm 80.21 to extend to 83.42, loss of momentum
is expected to cap price at 83.62/67 today.
Trade fm long side n only a firm breach of said
sup signals temp. top is made, risks 82.85 later.
Rate: +83.40+
Strategy: +Target met+
Position: Long at 83.10
Objective: 83.40
Stop-Loss:
Resistance: 83.42 / 83.67 / 83.99
Support: 83.00 / 82.85 / 82.71