INTRA-DAY EUR/GBP CROSS OUTLOOK - +0.6840+
Update Time: 24 Nov 2005 09:28GMT
Current price action suggests choppy trading in
side 0.6820-0.6878 broad range wud continue n as
long as y'day's high at 0.6872 holds, consolidation
with mild downside bias is seen for retreat to indi
cated obj. but 0.6830 shud contain weakness.
Trade fm short side for this move n only abv 0.
6878 wud abort near term bearishness...
Rate: +0.6840+
Strategy: +Target met+
Position: Short at 0.6860
Objective: 0.6840
Stop-Loss:
Resistance: 0.6878/0.6900/0.6939
Support: 0.6840/0.6820/0.6799
===============================================
DAILY USD/ZAR OUTLOOK - +6.5100+
Update Time: 24 Nov 2005 15:03GMT
As usd's decline fm 6.8075 has resumed, further
weakness to 6.50/51 is seen but 'loss of momentum'
has increased risk of a corrective rebound.
Trade fm short side, stop as indicated, abv wud
signal low is possibly made n risk 6.59/60...
Rate: +6.5100+
Strategy: +Target met+
Position: Short at 6.5950
Objective: 6.5100
Stop-Loss:
Resistance: 6.6043/6.6450/6.6775
Support: 6.5250/6.5000/6.4450
=============================================
INTRA-DAY GBP/USD OUTLOOK - +1.7275+
Update Time: 24 Nov 2005 10:32GMT
As cable has risen after finding renewed buying
interest abv 1.7220, retaining our bullishness n as
long as this lvl holds, this week's rise fm 1.7064
low shud resume, abv 1.7261 res wud confirm n ex-
tend gain twd 1.7280 but 1.7305 shud remain intact.
Trade fm long side, stop below there, break wud
prolong consolidation n risk 1.7195/00...
Rate: +1.7275+
Strategy: +Target met+
Position: Long at 1.7242
Objective: 1.7275
Stop-Loss:
Resistance: 1.7261/1.7305/1.7331
Support: 1.7193/1.7176/1.7130
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