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Our Recommended Trades
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| EUROPEAN CLOSING USD/CHF OUTLOOK - +1.0710+ |
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| Update
Time: |
10 Mar 2010 15:52GMT |
EUROPEAN CLOSING USD/CHF OUTLOOK - +1.0710+ Dlr's strg retreat fm 1.0795 to 1.0727 suggests further choppy trading below y'day's high of 1.0805 wud continue n consolidation with downside bias remains for further weakness to 1.0701/10, below wud extend twd 1.0676 but 1.0648 sup wud hold.
Hold short for this move n only abv 1.0805/10 res area wud abort daily bearishness on dlr.
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| Rate: |
+1.0710+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.0750 |
| Objective: |
1.0710 |
| Stop-Loss: |
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| Resistance: |
1.0753/1.0773/1.0795 |
| Support: |
1.0701/1.0676/1.0648 |
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| EUROPEAN CLOSING EUR/USD OUTLOOK - +1.3640+ |
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| Update
Time: |
10 Mar 2010 15:33GMT |
EUROPEAN CLOSING EUR/USD OUTLOOK - +1.3640+ Euro's intra-day strg rebound fm 1.3544 to 1.36 33 suggests recent 'choppy' sideways trading wud continue with upside bias for gain to 1.3642 n then twds 1.3673, however, near term o/bot condition shud cap price below res at 1.3705.
Hold long for this move with stop at break-even, below wud defer n risk pullback to 1.3575...
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| Rate: |
+1.3640+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.3600 |
| Objective: |
1.3640 |
| Stop-Loss: |
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| Resistance: |
1.3642/1.3673/1.3705 |
| Support: |
1.3575/1.3530/1.3500 |
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| DAILY AUD/JPY CROSS OUTLOOK - +83.30+ |
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| Update
Time: |
10 Mar 2010 15:16GMT |
DAILY AUD/JPY CROSS OUTLOOK - +83.30+ Present breach of 82.80 suggests rise fm 76.20 has resumed n further headway to 83.28 is seen but 83.90 shud hold due to o/bot condition.
Trade fm long side with stop as indicated n be- low wud prolong choppy trading n risk 81.28.
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| Rate: |
+83.30+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 82.65 |
| Objective: |
83.30 |
| Stop-Loss: |
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| Resistance: |
83.90/84.35/84.90 |
| Support: |
82.54/82.18/81.93 |
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| DAILY GBP/USD OUTLOOK - 1.4890 |
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| Update
Time: |
10 Mar 2010 11:15GMT |
DAILY GBP/USD OUTLOOK - 1.4890 Despite intra-day resumption of this week's dec- line fm 1.5197 (Monday), o/sold condition is likely to prevent further steep fall, reckon 1.4855 wud hold on 1st testing n bring recovery but only abv 1.4955/60 wud yield stronger retrace. twd 1.5000.
Wud be prudent to exit short n sell again on sub sequent rebound as 1.5017 (AUS) shud cap upside.
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| Rate: |
1.4890 |
| Strategy: |
Exit short |
| Position: |
Short at 1.4940 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
1.4960/1.5017/1.5087 |
| Support: |
1.4855/1.4834/1.4781 |
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| DAILY EUR/GBP CROSS OUTLOOK - +0.9100+ |
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| Update
Time: |
10 Mar 2010 07:57GMT |
DAILY EUR/GBP CROSS OUTLOOK - +0.9100+ As euro has rebounded after y'day's pullback fm 0.9097 to 0.9047, bullishness is retained for gain twd 0.9102, a daily close abv there wud signal recent upmove fm 0.8603 (Jan) has finally resumed n yield subsequent re-test of said res lvl.
Hold long with stop now as indicated, break wud prolong consolidation n risk 0.9021/26.
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| Rate: |
+0.9100+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9050 |
| Objective: |
0.9100 |
| Stop-Loss: |
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| Resistance: |
0.9102/0.9150/0.9185 |
| Support: |
0.9047/0.9026/0.8996 |
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| INTRA-DAY GBP/USD OUTLOOK - +1.4940+ |
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| Update
Time: |
10 Mar 2010 07:02GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.4940+ Cable's intra-day retreat fm 1.5017 (AUS) sug- gests y'day's rebound fm 1.4936 low has possibly ended there n consolidation with downside bias is seen for weakness to 1.4950/55, below wud extend this week's decline fm 1.5197 to 1.4936, 1.4900/05.
Turn short on recovery n only abv 1.5017 risks stronger retrace. to 1.5031 but 1.5050 shud hold.
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| Rate: |
+1.4940+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.4975+ |
| Objective: |
+1.4940+ |
| Stop-Loss: |
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| Resistance: |
1.5017/1.5031/1.5087 |
| Support: |
1.4936/1.4903/1.4885 |
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| DAILY AUD/USD OUTLOOK - +0.9155+ |
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| Update
Time: |
09 Mar 2010 22:06GMT |
DAILY AUD/USD OUTLOOK - +0.9155+ Although aud has retreated after resuming recent upmove fm 0.8578 to 0.9134 y'day, as long as 0.9056 (intra-day low) holds, outlook remains mildly bull- ish for one more rise to 0.9150, loss of momentum shud cap price at 0.9174 n yield decline later.
Trade fm long side with stop as indicated, below signals top made n risks 0.9000/10.
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| Rate: |
+0.9155+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9085 |
| Objective: |
0.9155 |
| Stop-Loss: |
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| Resistance: |
0.9174/0.9255/0.9279 |
| Support: |
0.9121/0.9056/0.9040 |
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| INTRA-DAY EUR/JPY OUTLOOK - +122.05+ |
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| Update
Time: |
09 Mar 2010 14:50GMT |
INTRA-DAY EUR/JPY OUTLOOK - +122.05+ Euro's intra-day selloff below 121.90 suggests the corrective rise fm 119.66 has indeed formed a temp. top at 123.90 n further weakness to 121.50/55 cannot be ruled out but 121.28/30 shud contain down side n yield rebound later.
Buy on dips with stop as indicated, break wud risk one more fall b4 prospect of a bounce...
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| Rate: |
+122.05+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 121.55+ |
| Objective: |
122.05 |
| Stop-Loss: |
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| Resistance: |
122.50/122.83/123.06 |
| Support: |
121.50/121.28/120.90 |
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| EUROPEAN CLOSING AUD/USD OUTLOOK - +0.9100+ |
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| Update
Time: |
09 Mar 2010 14:42GMT |
EUROPEAN CLOSING AUD/USD OUTLOOK - +0.9100+ Although aussie's retreat fm 0.9118 suggests further choppy sideways trading below y'day's high of 0.9134 wud continue, as long as 0.9056 sup holds a rebound is still likely but breach of 0.9118 is needed to confirm upmove has resumed, 0.9134 again.
Hold long with stop at break-even, below wud risk stronger retrace. to 0.9025/30 b4 up...
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| Rate: |
+0.9100+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.9070 |
| Objective: |
0.9100 |
| Stop-Loss: |
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| Resistance: |
0.9118/0.9134/0.9153 |
| Support: |
0.9056/0.9040/0.9025 |
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| EUROPEAN CLOSING GBP/USD OUTLOOK - 1.4988 |
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| Update
Time: |
09 Mar 2010 14:26GMT |
EUROPEAN CLOSING GBP/USD OUTLOOK - 1.4988 Despite cable's marginal weakness to 1.4936, current rebound suggests the fall fm y'day's high of 1.5197 has possibly ended there n consolidation with upside bias wud be seen for gain to 1.5000 but 1.5028 res shud cap upside n yield retreat later.
Wud be prudent to exit long n sell on further rise for day trade as recommended...
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| Rate: |
1.4988 |
| Strategy: |
Exit long |
| Position: |
Long at 1.4955 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
1.5028/1.5045/1.5087 |
| Support: |
1.4936/1.4903/1.4888 |
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| INTRA-DAY USD/JPY OUTLOOK - +89.75+ |
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| Update
Time: |
09 Mar 2010 09:08GMT |
INTRA-DAY USD/JPY OUTLOOK - +89.75+ Despite dlr's marginal weakness to 89.86 in European morning, current rebound suggests caution on our short n 90.15 (prev. sup, now res) needs to hold for prospect of another corrective fall fm 90.69 to 89.72 but 89.45/49 wud contain downside.
For st trade, hold short with stop as indicat- ed, break wud signal low is made, 90.50...
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| Rate: |
+89.75+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 90.05 |
| Objective: |
89.75 |
| Stop-Loss: |
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| Resistance: |
90.15/90.33/90.50 |
| Support: |
89.72/89.49/89.20 |
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| INTRA-DAY USD/CHF OUTLOOK - +1.0765+ |
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| Update
Time: |
09 Mar 2010 08:54GMT |
INTRA-DAY USD/CHF OUTLOOK - +1.0765+ Although dlr has risen at European opening n mar ginal gain is envisaged, as daily outlook remains consolidative, reckon 1.0780/90 wud cap dlr's near term rise fm 1.0676 (y'day's low) n bring retreat, below 1.0700 signals top made, 1.0676 later.
Hold long for st trade for 1.0765, stop now at 1.0735 n sell on further rise for day trade.
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| Rate: |
+1.0765+ |
| Strategy: |
1.+Target met+ n 2.Sell at 1.0780 |
| Position: |
Long at 1.0730 |
| Objective: |
1)1.0765 n 2)1.0745 |
| Stop-Loss: |
2)1.0805 |
| Resistance: |
1.0764/1.0810/1.0830 |
| Support: |
1.0713/1.0676/1.0648 |
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| INTRA-DAY GBP/USD OUTLOOK - +1.4980+ |
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| Update
Time: |
09 Mar 2010 07:01GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.4980+ Although cable's intra-day decline has met renew ed buying just abv last Friday's 1.4993 low n minor consolidation is seen ahead of European opening, as long as 1.5025/28 holds, y'day's fall fm 1.5197 shud head twd 1.4976 but 1.4940 wud remain intact.
Hold short for this move with stop as indicated, firm break there may risk 1.5070/80 b4 down.
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| Rate: |
+1.4980+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.5020 |
| Objective: |
1.4980 |
| Stop-Loss: |
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| Resistance: |
1.5028/1.5045/1.5087 |
| Support: |
1.4976/1.4940/1.4903 |
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| INTRA-DAY GBP/USD OUTLOOK - +1.5053+ |
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| Update
Time: |
08 Mar 2010 15:41GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.5053+ Present cross-inspired selloff below 1.5012 sug gests the corrective rise fm last week's 10-month low of 1.4781 has formed a temp. top there n conso- lidation with downside bias is seen for weakness to 1.5035/40 n then twds 1.4993 sup later.
Sell at market with stop as indicated, break wud risk stronger gain to 1.5140/50....
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| Rate: |
+1.5053+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 1.5093 |
| Objective: |
+1.5053+ |
| Stop-Loss: |
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| Resistance: |
1.5169/1.5197/1.5267 |
| Support: |
1.4993/1.4940/1.4888 |
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| INTRA-DAY EUR/JPY OUTLOOK - +123.65+ |
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| Update
Time: |
08 Mar 2010 14:11GMT |
INTRA-DAY EUR/JPY OUTLOOK - +123.65+ Although euro's strg retreat fm 123.90 suggests an intra-day top has been formed n sideways trading is envisaged until NY opening, as long as 123.05/10 holds, prospect of another rebound remains but rec- kon said res wud wud cap upside.
Trade fm long side n only below 122.56/62 wud confirm recent upmove fm 119.66 has ended.
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| Rate: |
+123.65+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 123.25 |
| Objective: |
123.65 |
| Stop-Loss: |
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| Resistance: |
123.50/123.90/124.10 |
| Support: |
123.06/122.86/122.62 |
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| INTRA-DAY GBP/USD OUTLOOK - 1.5175 |
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| Update
Time: |
08 Mar 2010 07:30GMT |
INTRA-DAY GBP/USD OUTLOOK - 1.5175 Current retreat after failing to break Asian res at 1.5190 suggests risk is seen for a pullback to 1.5150/55, however, as long as 1.5136 (prev. res , now sup) holds, bullishness remains for the cor- rective upmove fm 1.4781 to extend to 1.5210/17.
Wud be prudent to exit long n buy again on dips with stop as indicated, break risks 1.5100 b4 up...
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| Rate: |
1.5175 |
| Strategy: |
Exit long n buy at 1.5155 |
| Position: |
Long at 1.5145 |
| Objective: |
1.5200 |
| Stop-Loss: |
1.5130 |
| Resistance: |
1.5190/1.5204/1.5267 |
| Support: |
1.5121/1.5104/1.5067 |
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| WEEKLY GBP/JPY CROSS OUTLOOK - +136.65+ |
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| Update
Time: |
05 Mar 2010 16:13GMT |
WEEKLY GBP/JPY CROSS OUTLOOK - +136.65+ Although stg's selloff suggests fall fm 163.05 to retrace rise fm 118.97 remains in force, loss of momentum wud keep price abv 131.89 n yield rebound.
Sell at 136.60 for weakness to 133.50 or if stg drops to 133.50 1st, turn long for gain to 136.65.
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| Rate: |
+136.65+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 133.50+ |
| Objective: |
136.65 |
| Stop-Loss: |
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| Resistance: |
136.68/139.65/139.59 |
| Support: |
131.89/131.00/129.00 |
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| WEEKLY USD/MXN OUTLOOK - +12.650+ |
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| Update
Time: |
05 Mar 2010 16:08GMT |
WEEKLY USD/MXN OUTLOOK - +12.650+ Usd's retreat fm 13.252 suggests corrective rise fm 12.488 has ended there n weakness to 12.6172 n then twds daily 12.5765 sup wud be seen.
Trade fm short side, stop as indicated as break wud prolong choppy trading n risk gain to 13.252...
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| Rate: |
+12.650+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 12.920 |
| Objective: |
12.650 |
| Stop-Loss: |
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| Resistance: |
13.131/13.252/13.342 |
| Support: |
12.618/12.577/12.488 |
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| JUN T-BOND FUTURES DAILY OUTLOOK - +116.20+ |
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| Update
Time: |
05 Mar 2010 15:48GMT |
JUN T-BOND FUTURES DAILY OUTLOOK - +116.20+ T-bond's stg rebound fm 116.24 suggests caution on our short n 118.20 res needs to hold b4 prospect of another fall to 116.24 n then 115.25 later.
Hold short with stop as indicated, abv wud sig- nal recent upmove has once again resumed, 118.28.
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| Rate: |
+116.20+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 117.20 |
| Objective: |
116.20 |
| Stop-Loss: |
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| Resistance: |
118.02/118.28/119.15 |
| Support: |
117.05/116.24/115.25 |
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| EUROPEAN CLOSING AUD/USD OUTLOOK - 0.9071 |
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| Update
Time: |
05 Mar 2010 15:07GMT |
EUROPEAN CLOSING AUD/USD OUTLOOK - 0.9071 Despite aud's firmness after the release of better-than-expecte NPF, near term o/bot condition shud cap price below 0.9086 in NY n yield correct- ion twd 0.9040, however, reckon 0.9025 shud hold n yield another rise.
Wud be prudent to exit short n look to buy again on dips. Abv said res extend rises to 0.9122.
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| Rate: |
0.9071 |
| Strategy: |
Exit long |
| Position: |
Long at 0.9040 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
0.9086/0.9105/0.9122 |
| Support: |
0.9040/0.9025/0.8978 |
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| INTRA-DAY USD/JPY OUTLOOK - 90.30 |
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| Update
Time: |
05 Mar 2010 14:58GMT |
INTRA-DAY USD/JPY OUTLOOK - 90.30 Dlr's intra-day rally to 90.30 on the release of better-than-expected U.S. jobs data suggests upmove fm 88.14 to retrace the decline fm 93.78 has once again resumed n marginal gain abv 90.33/36 is like- ly but reckon 90.56/60 wud cap upside.
Wud be prudent to exit long n look to buy again on dips as 89.90 wud contain pullback....
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| Rate: |
90.30 |
| Strategy: |
Exit long |
| Position: |
Long at 90.00 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
90.36/90.96/91.10 |
| Support: |
89.90/89.49/88.96 |
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| INTRA-DAY USD/CHF OUTLOOK - +1.0795+ |
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| Update
Time: |
05 Mar 2010 13:30GMT |
INTRA-DAY USD/CHF OUTLOOK - +1.0795+ Despite dlr's brief drop below Asian 1.0755 sup to 1.0751, present recovery suggests further choppy sideways trading remains n mild upside bias is seen for nr term rise fm this week's 1.0648 low for re- test of 1.0795 res, abv wud extend twd 1.0830.
Hold long with stop as indicated n only a firm breach of 1.0732 may risk weakness twd 1.0704.
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| Rate: |
+1.0795+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.0755 |
| Objective: |
1.0795 |
| Stop-Loss: |
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| Resistance: |
1.0795/1.0803/1.0830 |
| Support: |
1.0751/1.0732/1.0704 |
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DISCLAIMER
Trendsetter does not warrant or guarantee the accuracy, timeliness
or completeness to its service or information contained therein. Trendsetter
does not give, whatsoever, warranties, expressed or implied, to the
results to be obtained by using its services or information it provided.
Users are trading on their own risk and Trendsetter shall not be responsible
under any circumstances for the consequences of such activities. Trendsetter
and its affiliates, in no event, be liable to users or any third parties
for any consequential damages, however arising, including but not
limited to damages caused by negligence whether such damages were
foreseen or unforeseen.
Please also read the Hypothetical Disclaimer.
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