As gold has risen after meeting renewed buying at
493.90, suggesting recent upmove wud extend to 500/
502 but 505.00 wud hold due to o/bot condition.
Trade fm long side, stop as indicated, only below
493.90 signals temp. top is made, 490.00...
Rate: +499.50+
Strategy: +Target met+
Position: Long at 495.00
Objective: 499.50
Stop-Loss:
Resistance: 500.00/505.00/510.00
Support: 493.90/487.80/486.50
============================================
INTRA-DAY GBP/USD OUTLOOK - +1.7240+
Update Time: 28 Nov 2005 18:12GMT
As intra-day rally has gathered momentum after
breaking res at 1.7146 (now sup), suggesting correc
tion of recent decline is under way n further gain
to 1.7226 wud be seen, however, reckon 1.7260/65
wud hold fm here due to o/bot condition.
Turn long on dips, stop as indicated n take pro
fit on subsequent rise...
============================================
INTRA-DAY USD/CHF OUTLOOK - +1.3005+
Update Time: 28 Nov 2005 19:16GMT
Dlr's firm breach of 1.3065 suggests erratic de
cline fm 1.3286 to retrace recent upmove remains in
force n further weakness to 1.3000/05 is seen, how-
ever, o/sold condition is likely to limit downside
to 1.2980/85 n bring rebound later.
Sell again, stop as indicated, abv wud signal
low is made n risk 1.3100/05...
Rate: +1.3005+
Strategy: +Target met+
Position: Short at 1.3045
Objective: 1.3005
Stop-Loss:
Resistance: 1.3065/1.3135/1.3180
Support: 1.2960/1.2927/1.2865
============================================
INTRA-DAY EUR/USD OUTLOOK - +1.1885+
Update Time: 28 Nov 2005 19:15GMT
Euro's present firmness after breaking 1.1825
suggests intra-day rally fm 1.1681 remains in force
for gain to 1.1870, o/bot condition wud cap price
below 1.1900 today n risk fm there has increased
for a correction later.
Buy again on dips, stop as indicated, below wud
signal top is made n risk 1.1770/75...
Rate: +1.1885+
Strategy: +Target met+
Position: Long at 1.1852
Objective: +1.1885+
Stop-Loss:
Resistance: 1.1921/1.1968/1.1994
Support: 1.1825/1.1795/1.1732
============================================
INTRA-DAY GBP/USD OUTLOOK - +1.7240+
Update Time: 28 Nov 2005 18:12GMT
As intra-day rally has gathered momentum after
breaking res at 1.7146 (now sup), suggesting correc
tion of recent decline is under way n further gain
to 1.7226 wud be seen, however, reckon 1.7260/65
wud hold fm here due to o/bot condition.
Turn long on dips, stop as indicated n take pro
fit on subsequent rise...
============================================
INTRA-DAY EUR/GBP CROSS OUTLOOK - +0.6860+
Update Time: 28 Nov 2005 15:08GMT
As euro has maintained a firm undertone after
rebounding fm 0.6828, retaining our bullishness for
gain to indicated obj., however, abv res at 0.6872
is needed to signal recent upmove has resumed for a
re-test of 0.6878, then twd 0.6890.
Trade fm long side, stop as indicated, break
wud prolong consolidation n risk 0.6827/28...
Rate: +0.6860+
Strategy: +Target met+
Position: Long at 0.6845
Objective: 0.6860
Stop-Loss:
Resistance: 0.6860/0.6878/0.6900
Support: 0.6827/0.6820/0.6799
============================================
DAILY EUR/GBP CROSS OUTLOOK - +0.6865+
Update Time: 28 Nov 2005 15:21GMT
Euro's rebound after finding renewed buying abv
0.6820/27 sup has retained our bullishness n break
of res at 0.6872 wud confirm recent upmove has re-
sumed n extend gain to 0.6889/90 but reckon 0.6910/
15 wud hold due to nr term o/bot condition.
Trade fm long side, stop at break-even, only be-
low said sup aborts n risks correction to 0.6800...
Rate: +0.6865+
Strategy: +Target met+
Position: Long at 0.6830
Objective: 0.6865
Stop-Loss:
Resistance: 0.6878/0.6900/0.6935
Support: 0.6820/0.6783/0.6746
============================================
INTRA-DAY EUR/YEN CROSS OUTLOOK - +140.45+
Update Time: 28 Nov 2005 14:36GMT
Current rebound fm 139.97 has retained our nr
term bullishness n consolidation with mild upside
bias is seen for gain to indicated obj., however,
res at 140.62/74 shud hold n bring further choppy
trading inside recent established range.
Trade fm long side with stop at break-even, be-
low said sup wud risk weakness to 139.65/70...
Rate: +140.45+
Strategy: +Target met+
Position: Long at 140.15
Objective: 140.45
Stop-Loss:
Resistance: 140.48/140.62/140.74
Support: 139.94/139.54/139.32
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