Friday's retreat fm 1.0773 suggests recent rise
fm 1.0225 has made a temp. top n as long as 1.0660
holds, upside bias remains, abv 1.0753, 1.0795/00.

Trade fm long side with stop now at break-even,
below wud risk stronger retrace. to 1.0565/70.
[more]

Friday's rebound fm 0.6807 to 0.6922 suggests de
cline fm 0.7635 has made a temp. low but as long as
0.6910/20 holds, re-test of said sup is seen.

Trade fm short side with stop now at break-even,
only abv 0.6933 risks stronger retrace. to 0.6996.
[more]

Dlr's retreat after intra-day brief bounce fm
1.0713 (NZ/AUS) to 1.0772 suggests further choppy
trading below Friday's high of 1.0800 wud continue
but below 1.0697 sup needed to confirm recent rise
has made a temp. top, bring retrace. to 1.0575.

For st trade, hold short for 1.0720 n buy on fur
ther weakness for day trade.
[more]

Friday's rebound fm 0.8687 (Asia) suggests pull-
back fm last week's high at 0.87695 has ended there
n recent corrective rise fm 0.8603 wud resume for a
re-test of said res, abv wud encourage for gain twd
0.8796 which shud hold on 1st testing.

Reinstate long on dips for this move n only
below 0.8678 signal correction is over, 0.8661.
[more]

Despite euro's retreat to 0.8735, subsequent
bounce has retained our bullishness on euro for re-
test of 0.8770 res, however, break there is needed
to signal corrective upmove fm 0.8603 has resumed n
yield further headway to 0.8796.

Trade fm long side with stop now as indicated n
only below 0.8735 prolongs choppy trading, 0.8701.
[more]

Dlr's rebound after finding renewed buying at
1.0696 suggests pullback fm 1.0800 has possibly end
ed there n consolidation with upside bias wud be
seen, however, current o/sold condition shud cap
upside well below 1.0800 n yield retreat to 1.0696.

Wud be prudent to exit long n stand aside. Abv
said res signals uptrend resumed, 1.0870 later.
[more]

Despite A$'s recovery fm y'day's 76.26 low, sub-
sequent retreat fm 78.13 suggests correction over n
downside bias is seen for fall to 76.75/80.

Hold short with stop as indicated, break wud
risk stronger retrace. to 78.50/60.
[more]

Despite usd's consolidation outlook, as long as
7.40/45 holds, upside bias remains for nr term rise
fm 7.2517 to extend to daily res at 7.7900.

Buy on dips with stop as indicated, below wud
signal MT decline has possibly resumed, 7.2300 1st.
[more]

Euro's recovery after anticipated selloff to
a fresh 8-month low of 1.3638 suggests minor conso-
lidation wud be seen, however, as long as 1.3742
res holds, bearishness remains for MT downtrend fm
1.5145 to resume n extend to 1.3584 next week.

Wud be prudent to exit short n look to sell
again on pullback. Abv 1.3742 risks 1.3772 n 1.3799
[more]

Despite euro's intra-day rise to 123.33, subse-
quent strg retreat suggests choppy trading is in
store n weakness to 121.97 wud be seen, below wud
yield steeper fall but 121.57 shud hold on 1st test
ing n yield correction.

Sell on further recovery with stop as indicated,
only abv said high wud abort n risk 123.69.
[more]

As stg has retreated after meeting renewed sell-
ing at 141.42, suggesting recent fall fm 150.71 has
resumed n below 139.33 needed to extend to 139.05.

Trade fm short side with stop as indicated, abv
wud prolong choppy trading n risk 141.42.
[more]

Current anticipated rebound on short-covering
after holding abv 1.3648 suggests an intra-day low
has possibly been made there, consolidation with
upside bias wud be seen n gain to 1.3705, then 1.37
27 can't be ruled out but 1.3747 wud cap upside.

Wud be prudent to exit long ahead of the release
of industrial production data. Below 1.3660, 1.3648
[more]

Failure to re-test 123.20 res n present retreat
suggest downside bias is still seen for weakness to
122.00, however, break is needed to signal recovery
fm y'day's 121.57 low has possibly ended there n
yield further fall to 121.70/75 b4 rebound.

Sell again on pullback with stop as indicated,
abv wud prolong choppy trading n risk 123.20.
[more]

Euro has stabilised after y'day's sharp selloff
to a nr one-year low of 121.57 in NY due to active
risk aversion n choppy sideways trading is seen in
Asia with a nr term neutral bias. Suggest to trade
on both sides of the market n sell for day trade.

Incline to buy dips to 121.80 for 122.30 n if
euro recovers to 122.95 1st, sell for 122.50.
[more]

Despite extending o/n losses to 1.3714, present
recovery suggests a minor low is possibly in place
n retrace. to 1.3770/72 can't be ruled out but 1.38
26 shud remain intact n bring resumption of recent
downtrend to 1.3700 later.

Wud be prudent to exit prev. short n sell euro
on subsequent rise.
[more]

Last week's weakness shud pressure nzd n below
0.6972 wud confirm major rise fm 0.4895 has made a
top earlier at 0.7635, yield 0.6860, then 0.6782.

Lower short entry for this move, only abv 0.7171
wud risk stronger recovery to 0.7210/20 b4 down.
[more]

As aud's recent fall fm 0.9331 has accelerated
last week, suggesting test of key sup at 0.8735 wud
be seen, below wud confirm MT rise fm 08' low of
0.6007 has ended earlier at 0.9407, yield further
weakness to 0.8660/70 n then later twd chart obj.
at 0.8568 b4 prospect of rebound.

Reinstate short on recovery with stop abv 0.8964
, break there signals temp. low is made n may risk
stronger retrace. twd 0.9049 but 0.9093 shud hold.
[more]

Dlr's intra-day cross-inspired weakness strongly
suggests the corrective rise fm 89.14 to retrace
recent decline fm 93.78 has formed a top at 91.28 n
consolidation with downside bias remains for furth-
er weakness to 89.95 but reckon 89.76 wud hold.

Turn short on recovery n only abv intra-day res
at 91.09 wud risk one more rise twd 91.46 b4 down.
[more]

Dlr's strg retreat to 90.44 after the release
of higher-than-expected U.S. jobless claims signals
erratic rise fm 89.14 has indeed made a top at 91.
28 y'day n weakness to 90.26/27 is likely, however,
90.07 sup shud hold fm here.

Wud be prudent to exit short n look to sell
again on recovery as 90.88 wud cap upside...
[more]

Dlr's intra-day rise to 1.0633 strongly suggests
MT uptrend fm 0.9910 has resumed for re-test of
1.0644 res, abv wud extend gain to 1.0664/68, how-
ever, loss of momentum shud cap price well below
daily res at 1.0708 today.

Hold long for this move n only below 1.0541 wud
prolong consolidation, risk weakness twd 1.0497.
[more]

Stg's retreat fm 153.23 signals recovery fm 139.
33 has possibly ended there n breach of 142.04 wud
confirm fall fm 163.05 has resumed, 139.33 again.

Sell on pullback with stop as indicated, break
wud risk stronger gain to 147.29 b4 down...
[more]

Silver's breach of 16.72 signals decline fm 19.
44 to retrace rise fm 8.42 has resumed but loss of
momentum shud keep price abv 15.77, risk rebound.

Still favour selling silver on recovery, stop as
indicated n only abv 17.24 suggests low made.
[more]

Although euro has traded sideways after y'day's
retreat fm 0.8770 n marginal weakness wud be seen,
as long as good sup at 0.8710 holds, upside bias
remains for a rebound to 0.8750/55, however, reckon
said 0.8770 res shud cap upside today.

Hold long with stop now at break-even, below sig
nals corrective rise fm 0.8603 has possibly ended.
[more]

Despite cable's choppy trading trading abv prev.
temp. low of 1.6077 last week, Friday's breach of
said sup (now res) confirms recent erratic fall fm
1.6459 has resumed for weakness to 1.5832, a break
there wud yield further decline twd pivotal sup at
1.5708, break signals MT fall has resumed, 1.5412.

Sell on recovery with stop as indicated n only
abv 1.6180 wud defer bearishness on sterling, risk
another bounce twd 1.6277 b4 'down'.
[more]

Despite euro's brief rise to 126.45, subsequent
retreat suggests fall fm y'day's 126.98 high has
possibly resumed n below 125.82 wud extend weakness
to 125.55/60, however, anticipated nr term o/sold
condition shud keep price abv 125.31.

Wud be prudent to exit short n look to sell
again on recovery as 126.45 wud cap upside...
[more]

Despite y'day's gain to 126.98, subsequent pull-
back suggests euro's rise fm 124.45 (Monday's 9-mth
low) has possibly made a temp. top there n downside
bias is seen for retrace. to 125.82 but near term
o/sold condition shud keep price abv 125.31 today.

Hold short for 126.00 n only abv 126.93 may risk
marginal gain to 127.20/30 b4 down.
[more]

Aud's anticipated weakness suggests recent 'erra;tic
tic' decline fm 0.9331 has possibly resumed n below
Monday's 0.8780 low wud confirm this view, bring
weakness twd daily key sup at 0.8735, a break there
wud extend MT downtrend to 0.8705, 0.8655/60.

Hold short with stop as indicated, abv 0.8884
wud prolong choppy trading fm 0.8775, risks 0.8905.
[more]