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...
Rate: +140.55+
Strategy: +Target met+
Position: Short at 140.90
Objective: 140.55
Stop-Loss:
Resistance: 140.98/141.09/141.18
Support: 140.40/140.25/139.97
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