INTRA-DAY EUR/USD OUTLOOK - +1.1705+
Update Time: 01 Dec 2005 14:30GMT
As euro has fallen after brief recovery, retain
ing our bearishness n as long as 1.1750/55 holds,
this week's fall fm 1.1903 is likely to extend weak
ness to 1.1700/05 but sup at 1.1681 shud remain in-
tact n bring further choppy trading.
Trade fm short side, stop abv there, break wud
signal intra-day low is made n risk 1.1785/90...
Rate: +1.1705+
Strategy: +Target met+
Position: Short at 1.1736
Objective: 1.1705
Stop-Loss:
Resistance: 1.1805/1.1836/1.1862
Support: 1.1710/1.1681/1.1640
------------------------------------------------
INTRA-DAY EUR/GBP CROSS OUTLOOK - +0.6800+
Update Time: 01 Dec 2005 08:21GMT
Despite euro's sideways trading after y'day sell
off to 0.6801, as long as 0.6827 holds, outlook re-
mains mildly bearish for marginal weakness below
said sup lvl, however, loss of momentum wud keep
price abv 0.6783 n yield rebound later.
Trade fm short side, stop as indicated, abv said
res signals low is made n risk recovery to 0.6840..
Rate: +0.6800+
Strategy: +Target met+
Position: Short at 0.6820
Objective: 0.6800
Stop-Loss:
Resistance: 0.6820/0.6835/0.6867
Support: 0.6801/0.6783/0.6761
---------------------------------------------------
INTRA-DAY EUR/YEN OUTLOOK - +140.55+
Update Time: 30 Nov 2005 14:21GMT
As euro has eased after trading below indicated
res at 141.09, retaining our bearishness n as long
as this lvl holds, further consolidation wud be
seen with mild downside bias for weakness to 140.55
but 140.40 shud remain intact.
Trade fm short side n exit on such fall, stop
abv said res, break wud bring re-test of 141.18...
Fx-charts.com Disclaimer: The information contained on this website is subject to change without notice, views and opinions expressed on fx-charts.com may be those of individual authors and may not necessarily be the views of fx-charts.com or its officers and employees, we make no claim to the accuracy or timeliness of any information contained herein. We recommend obtaining advice from a suitably qualified financial advisor before entering into any financial transactions or agreements. The use of this website constitutes acceptance of our privacy policy, disclaimer and terms of use. This website is available for information and educational purposes only.
Need a forex broker? click on any of the buttons for more info!