Update Time: 27 Jun 2011 23:23GMT
INTRA-DAY AUD/USD OUTLOOK – +1.0470+
Aud’s intra-day rebound fm NY morning 1.0390 low
suggests recent decline has made a minor low there
n consolidation with mild upside bias remains for a
recovery to 1.0470/80, however, reckon 1.0500 wud
cap present rise n yield another fall later today.
Hold long for st trade n sell on further upmove
for day trade. Below 1.0420, 1.0390 again.
Rate: +1.0470+
Strategy: +Target met+
Position: Long at 1.0440
Objective: 1.0470
Stop-Loss:
Resistance: 1.0490/1.0511/1.0532
Support: 1.0423/1.0390/1.0359
*********
Update Time: 27 Jun 2011 22:41GMT
INTRA-DAY EUR/USD OUTLOOK – +1.4305+
Euro’s rebound after early pullback fm 1.4294 to
1.4255 suggests upside bias remains for intra-day
rise fm 1.4103 to resume n abv said res wud bring
stronger retrace. of decline fm last week’s 1.4442
top twd prev. res at 1.4306, break, 1.4340/45.
Trade fm long side, stop as indicated n only be-
low 1.4237 (prev. res) signals top made, 1.4195/05.
Rate: +1.4305+
Strategy: +Target met+
Position: Long at 1.4265
Objective: 1.4305
Stop-Loss:
Resistance: 1.4334/1.4345/1.4385
Support: 1.4281/1.4255/1.4236
*********
Update Time: 27 Jun 2011 13:15GMT
INTRA-DAY AUD/USD OUTLOOK – +1.0410+
Aussie’s retreat fm 1.0465 suggests recovery fm
1.0412 has possibly ended there n consolidation
with downside bias is seen for a re-test of said
sup n a break wud extend recent decline marginally
to 1.0405/10 but reckon 1.0390 shud hold fm here.
Trade fm short side, stop as indicated, break
wud signal a temp. low is made n risk 1.0480/85.
Rate: +1.0410+
Strategy: +Target met+
Position: Short at 1.0445
Objective: 1.0410
Stop-Loss:
Resistance: 1.0465/1.0490/1.0511
Support: 1.0412/1.0390/1.0359