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Our Recommended Trades |
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| INTRA-DAY EUR/USD OUTLOOK - +1.5485+ |
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| Update
Time: |
12 May 2008 14:04GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.5485+
Euro's rise after finding renewed buying around
1.5430/35 has retained our bullishness n re-test of
1.5486/89 res is envisaged, however, abv there is
needed to extend the upmove fm last week's low at
1.5285 to 1.5510/15.
Continue trading fm long side with stop now as
indicated, below aborts n risks 1.5400/10...
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| Rate: |
+1.5485+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.5450 |
| Objective: |
1.5485 |
| Stop-Loss: |
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| Resistance: |
1.5489/1.5516/1.5566 |
| Support: |
1.5422/1.5392/1.5365 |
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| INTRA-DAY GBP/USD OUTLOOK - +1.9605+ |
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| Update
Time: |
12 May 2008 13:41GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.9605+
Despite intra-day retreat fm 1.9605, as renewed
buying around 1.9545/50 has lifted cable, suggest-
ing upmove fm European morning low at 1.9441 has re
sumed n re-test of said res is seen, abv wud bring
retracement of recent erratic decline to 1.9620/23.
Hold long with stop now as indicated, below wud
abort n risk pullback to 1.9525/30...
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| Rate: |
+1.9605+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.9570 |
| Objective: |
+1.9605+ |
| Stop-Loss: |
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| Resistance: |
1.9605/1.9623/1.9648 |
| Support: |
1.9544/1.9525/1.9498 |
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| DAILY EUR/USD OUTLOOK - +1.5470+ |
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| Update
Time: |
12 May 2008 13:33GMT |
DAILY EUR/USD OUTLOOK - +1.5470+
Euro's failure to re-test Friday's high at 1.54
89 n intra-day breach of initial sup at 1.5422 sug-
gests the nr term rise fm last week's low at 1.5285
has made a top n risk is seen for a deeper pullback
b4 prospect of another rise, abv 1.5489, 1.5516.
Hold long with stop as indicated n only below
1.5313 aborts bullishness, risks 1.5285 again...
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| Rate: |
+1.5470+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.5395 |
| Objective: |
1.5470 |
| Stop-Loss: |
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| Resistance: |
1.5489/1.5516/1.5566 |
| Support: |
1.5422/1.5365/1.5313 |
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| INTRA-DAY USD/JPY OUTLOOK - +104.00+ |
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| Update
Time: |
12 May 2008 11:44GMT |
INTRA-DAY USD/JPY OUTLOOK - +104.00+
Dlr's rise after finding renewed buying at 103.
60 has retained our bullishness n intra-day upmove
fm 102.57 to retrace recent decline shud extend twd
104.08, however, nr term 'loss of mometum' shud cap
upside below 104.25/30 n yield retreat later.
Continue trading fm long side, stop at break-
even n only below 103.49 signals top is made...
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| Rate: |
+104.00+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 103.65 |
| Objective: |
+104.00+ |
| Stop-Loss: |
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| Resistance: |
104.08/104.59/104.95 |
| Support: |
103.49/103.14/102.95 |
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| INTRA-DAY EUR/USD OUTLOOK - +1.5435+ |
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| Update
Time: |
12 May 2008 08:46GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.5435+
As euro has rebounded after finding buying in-
terest around 1.5365, suggesting intra-day low has
been made n consolidation with upside bias is seen
for gain twd 1.5443 (prev. sup), howver, abv needed
to signal retreat fm 1.5489 has ended, 1.5460/65.
Hold long with stop now as indicated n only
below 1.5365 wud risk correction to 1.5345/50....
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| Rate: |
+1.5435+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.5395 |
| Objective: |
1.5435 |
| Stop-Loss: |
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| Resistance: |
1.5443/1.5489/1.5516 |
| Support: |
1.5392/1.5365/1.5313 |
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| INTRA-DAY USD/JPY OUTLOOK - +103.35+ |
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| Update
Time: |
12 May 2008 02:58GMT |
INTRA-DAY USD/JPY OUTLOOK - +103.35+
Despite initial brief drop below Friday's low
at 102.61, dlr's intra-day strg rebound fm 102.57
signals recent decline has made a temp. low there n
choppy consolidation with upside bias is seen for a
correction to 103.40 but reckon 103.60 wud hold.
Trade fm long side n sell on further rise for
day trade but reckon 102.57 shud hold in Asia...
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| Rate: |
+103.35+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 103.00 |
| Objective: |
103.35 |
| Stop-Loss: |
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| Resistance: |
103.60/104.08/104.59 |
| Support: |
102.95/102.57/102.25 |
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| INTRA-DAY EUR/USD OUTLOOK - 1.5435 |
|
| Update
Time: |
09 May 2008 14:11GMT |
INTRA-DAY EUR/USD OUTLOOK - 1.5435
Despite intra-day retreat fm 1.5489, this move
is viewed as a minor retrace. of near term upmove
fm 1.5285 n below 1.5415/20 is needed to extend
weakness twds 1.5390.
Wud be prudent to exit short n then stand aside
for now. Abv 1.5465/70 wud bring resumption of
aforesaid rise for re-test of 1.5489 1st...
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| Rate: |
1.5435 |
| Strategy: |
Exit short |
| Position: |
Short at 1.5465 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
1.5489/1.5516/1.5595 |
| Support: |
1.5416/1.5390/1.5313 |
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| DAILY OUTLOOK ON NZD/USD - +0.7660+ |
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| Update
Time: |
09 May 2008 12:11GMT |
DAILY OUTLOOK ON NZD/USD - +0.7660+
Nzd's recovery fm 0.7691 suggests caution on our
short n 0.7754 must hold to retain bearihness for
resumption of recent decline twds 0.7650 later.
Trade fm short side with stop as suggested, abv
wud signal a temp. low is made n risk 0.7790/00...
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| Rate: |
+0.7660+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.7742 |
| Objective: |
0.7660 |
| Stop-Loss: |
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| Resistance: |
0.7754/0.7790/0.7824 |
| Support: |
0.7650/0.7620/0.7600 |
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| INTRA-DAY EUR/GBP CROSSES OUTLOOK - +0.7935+ |
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| Update
Time: |
09 May 2008 10:46GMT |
INTRA-DAY EUR/GBP CROSSES OUTLOOK - +0.7935+
As euro has penetrated res at 0.7922, suggesting
upmove fm 0.7766 to retrace recent decline wud ex-
tend to 0.7935, however, o/bot condition shud pre-
vent strg gain beyond 0.7948 n risk has increased
for a retreat later.
Hold long with stop now as indicated, below wud
risk pullback twds 0.7890/95 b4 up...
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| Rate: |
+0.7935+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 0.7914 |
| Objective: |
0.7935 |
| Stop-Loss: |
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| Resistance: |
0.7948/0.7965/0.7981 |
| Support: |
0.7910/0.7889/0.7873 |
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|
| WEEKLY OUTLOOK SPOT SILVER - +17.05+ |
|
| Update
Time: |
09 May 2008 09:46GMT |
WEEKLY OUTLOOK SPOT SILVER - +17.05+
Silver's rebound fm 16.02 suggests recent fall fm
21.33 has possibly made a temp. low there n retrace
ment to 17.14 is seen, abv wud bring gain to 17.30.
Trade fm long side, stop as indicated, break wud
yield one more fall to 15.69 but 15.25 wud hold...
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| Rate: |
+17.05+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 16.40 |
| Objective: |
17.05 |
| Stop-Loss: |
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| Resistance: |
17.14 / 17.30 / 17.96 |
| Support: |
16.49 / 16.02 / 15.69 |
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| INTRA-DAY EUR/USD OUTLOOK - +1.5440+ |
|
| Update
Time: |
09 May 2008 05:42GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.5440+
Euro's retreat fm Asian morning high at 1.5430
suggests further range-trading below y'day's top at
1.5443 wud continue, however, y'day's strg rebound
fm 1.5285 indicates recent decline has made a low n
consolidation with upside bias remains.
Hold long for 1.5440 but abv said res needed to
extend to 1.5477. Below 1.5390 wud risk 1.5360/70..
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| Rate: |
+1.5440+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.5405 |
| Objective: |
1.5440 |
| Stop-Loss: |
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| Resistance: |
1.5443/1.5477/1.5516 |
| Support: |
1.5390/1.5313/1.5285 |
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| INTRA-DAY EUR/USD OUTLOOK - 1.5422 |
|
| Update
Time: |
09 May 2008 01:40GMT |
INTRA-DAY EUR/USD OUTLOOK - 1.5422
Despite euro's brief rise to 1.5430, price needs
to penetrate NY high of 1.5443 to confirm recent
decline has formed a temp. low y'day at 1.5285 n
bring a correction to 1.5475/80, however, o/bot con
dition is expected to cap price below res 1.5516.
Wud be prudent to exit prev. long n buy again
on retreat as 1.5390/95 is likely to hold...
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| Rate: |
1.5422 |
| Strategy: |
Exit long |
| Position: |
Long at 1.5390 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
1.5443/1.5477/1.5516 |
| Support: |
1.5390/1.5313/1.5285 |
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| DAILY OUTLOOK ON USD/CAD - +1.0170+ |
|
| Update
Time: |
08 May 2008 17:45GMT |
DAILY OUTLOOK ON USD/CAD - +1.0170+
Usd's rebound after finding renewed buying at
1.0080 suggests nr term upmove fm 0.9999 wud extend
to 1.0170 but reckon 1.0200 res wud remain intact.
Trade fm long side with stop as indicated, break
wud bring weakness to 1.0037...
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| Rate: |
+1.0170+ |
| Strategy: |
+Target met+ |
| Position: |
Long at 1.0100 |
| Objective: |
1.0170 |
| Stop-Loss: |
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| Resistance: |
1.0147/1.0200/1.0245 |
| Support: |
1.0080/1.0037/0.9988 |
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| INTRA-DAY EUR/USD OUTLOOK - +1.5315+ |
|
| Update
Time: |
08 May 2008 12:35GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.5315+
Current retreat after meeting renewed selling
at 1.5375/76 suggests intra-day top has possibly
been formed n consolidation with downside bias is
seen but below 1.5305/10 needed to signal decline
has resumed twds 1.5285.
Sell on recovery with stop as indicated, break
wud risk retrace. to 1.5400 b4 down...
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| Rate: |
+1.5315+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.5355+ |
| Objective: |
1.5315 |
| Stop-Loss: |
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| Resistance: |
1.5385/1.5410/1.5452 |
| Support: |
1.5333/1.5285/1.5265 |
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| INTRA-DAY GBP/USD OUTLOOK - +1.9565+ |
|
| Update
Time: |
08 May 2008 11:06GMT |
INTRA-DAY GBP/USD OUTLOOK - +1.9565+
Although cable has retreated after intra-day
rally to 1.9614 n minor consolidation wud be seen,
break of 1.9545/50 is needed to signal top has been
formed n bring weakness to 1.9515/20, otherwise,
marginal gain cannot be ruled out.
Turn short on recovery n only a firm rise abv
1.9635 (prev. sup) wud abort daily bearishness...
|
| Rate: |
+1.9565+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.9605+ |
| Objective: |
1.9565 |
| Stop-Loss: |
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| Resistance: |
1.9614/1.9635/1.9681 |
| Support: |
1.9545/1.9503/1.9470 |
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| INTRA-DAY USD/JPY OUTLOOK - 103.99 |
|
| Update
Time: |
08 May 2008 07:38GMT |
INTRA-DAY USD/JPY OUTLOOK - 103.99
Although current anticipated weakness suggests
recent decline has resumed n marginal fall twds
103.80 cannot be ruled out, loss of near term down-
ward momentum shud prevent sharp fall below there n
reckon 103.54 wud hold.
Wud be prudent to exit short n stand aside for
now. Abv 104.35/40 signals temp. low made, 104.59..
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| Rate: |
103.99 |
| Strategy: |
Exit short |
| Position: |
Short at 104.30 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
104.59/104.95/105.21 |
| Support: |
103.95/103.54/103.22 |
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| DAILY USD/CHF OUTLOOK - 1.0606 |
|
| Update
Time: |
08 May 2008 04:14GMT |
DAILY USD/CHF OUTLOOK - 1.0606
Although intra-day breach of last week's high at
1.0610 signals recent upmove has resumed, near term
o/bot condition is likely to prevent strg gain be-
yond 1.0625 n reckon 1.0650/60 wud limit upside,
yield retreat b4 prospect of another rise later.
Wud be prudent to exit long n stand aside. Below
1.0538 wud signal temp. top is made, 1.0490/00...
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| Rate: |
1.0606 |
| Strategy: |
Exit long |
| Position: |
Long at 1.0550 |
| Objective: |
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| Stop-Loss: |
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| Resistance: |
1.0650/1.0729/1.0754 |
| Support: |
1.0538/1.0512/1.0428 |
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| INTRA-DAY USD/CHF OUTLOOK - +1.0610+ |
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| Update
Time: |
08 May 2008 01:57GMT |
INTRA-DAY USD/CHF OUTLOOK - +1.0610+
Despite o/n retreat fm 1.0594, as dlr has found
renewed buying around 1.0538/40, suggesting recent
upmove has possibly resumed n re-test of last wk's
top at 1.0610 is seen, however, abv there is needed
to extend gain to 1.0625/30.
Buy for this move with stop as indicated, below
wud prolong consolidation n risk 1.0520/25...
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| Rate: |
+1.0610+ |
| Strategy: |
+Target met+ |
| Position: |
+Long at 1.0573+ |
| Objective: |
1.0610 |
| Stop-Loss: |
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| Resistance: |
1.0650/1.0668/1.0729 |
| Support: |
1.0561/1.0538/1.0512 |
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| INTRA-DAY EUR/USD OUTLOOK - +1.5320+ |
|
| Update
Time: |
08 May 2008 01:52GMT |
INTRA-DAY EUR/USD OUTLOOK - +1.5320+
Euro's breach of 1.5360/66 signals recent dec-
line fm 1.6020 has resumed n further weakness to
1.5341 n then twds 1.5300/10 is envisaged, however,
o/sold condition has increased risk of a correct-
ive rebound later.
Sell at market n exit on subsequent fall. Abv
1.5406/10 wud indicate intra-day low made, 1.5430..
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| Rate: |
+1.5320+ |
| Strategy: |
+Target met+ |
| Position: |
+Short at 1.5359+ |
| Objective: |
1.5320 |
| Stop-Loss: |
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| Resistance: |
1.5360/1.5410/1.5452 |
| Support: |
1.5317/1.5282/1.5230 |
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| INTRA-DAY AUD/USD OUTLOOK - +0.9430+ |
|
| Update
Time: |
07 May 2008 14:18GMT |
INTRA-DAY AUD/USD OUTLOOK - +0.9430+
Lack of follow through selling n current re-
bound suggest caution on our short n 0.9490 needs
to hold for prospect of another retreat, below 0.94
45 wud bring retrace. of recent upmove to 0.9430,
then twds 0.9413.
Trade fm short side, stop there as break wud
risk a re-test of intra-day res at 0.9507...
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| Rate: |
+0.9430+ |
| Strategy: |
+Target met+ |
| Position: |
Short at 0.9465 |
| Objective: |
0.9430 |
| Stop-Loss: |
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| Resistance: |
0.9507/0.9541/0.9580 |
| Support: |
0.9432/0.9413/0.9385 |
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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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