Despite dlr's retreat after intra-day rebound fm
1.0362 to 1.0449 earlier, as this move signals the
recent decline fm 2010 high of 1.1730 has possibly
made a temp. low, consolidation with upside bias is
seen, abv 1.0449 wud extend to 1.0461, 1.0482.

Turn cautious buyer with stop below said sup as
break may risk one more fall to 1.0340/50.
[more]

As euro has rebounded after finding buying in-
terest at 112.03, suggesting consolidation with up-
side bias is seen for gain to 113.18 n abv wud
bring stronger gain to 113.46 b4 prospect of a pos-
sible pullback later.

Buy on dips with stop as indicated, below wud
risk fall to 112.03.
[more]

T-bond's breach of 127.05/10 res confirms fall
fm 129.14 top has indeed formed a temp. low at 126
.06 n stronger retrace. to 128.07/10 is seen.

Trade fm long side with stop as indicated, below
wud yield possible re-test of 126.03 low.
[more]

Gold's rebound after holding abv Wednesday's low
at 1157.40 signals erratic decline fm 1265.10 top
has indeed foremd a temp. low there n consolidation
with upside bias is seen for a retrace. to 1172/73,
however, reckon 1175.90 wud cap present rise, yield
another decline but said 1157.40 sup shud hold.

Trade fm long side with stop as indicated, below
1157.40 wud risk one more decline to 1154.60 n pos-
sibly 1150.00 b4 recovery due to loss of momentum.
[more]

Despite dlr's resumption of downtrend fm 2010
high of 1.1730 to 1.0363, subsequent rebound to
1.0449 in Europe suggests a temp. low is possibly
in place n abv 1.0461 may risk stronger recovery to
1.0500/02 but reckon 1.0537/40 wud cap upside.

Wud be prudent to exit short n as only below
said sup wud yield 'one more' fall to 1.0330/40.
[more]

Euro's cross-inspired intra-day fall below 1.30
45/50 in Europe suggests consolidation below yes-
terday's high of 1.3107 wud continue n further weak
ness cannot be ruled out but nr term o/sold condit-
ion shud keep price well abv 1.2977 in NY.

Exit short in view of a possible pullback. Abv
1.3050/55 prolong choppy trading, 1.3094.
[more]

Y'day's selloff to 1.3580 confirms euro's recent
strg rise fm this month's record low of 1.3073 has
made a top at 1.3819 n consolidation with downside
bias remains for weakness twd 1.3523 but o/sold con
dition wud keep price abv 1.3495/00 today.

Trade fm short side, stop as indicated, abv wud
risk stronger gain to 1.3690/00 b4 down.
[more]

Despite trading sideways abv y'day's low at 1.03
74 in Asia, outlook remains bearish for recent down
trend fm 2010 high of 1.1730 to resume n bring re-
test of said minor low, nr term loss of momentum is
likely to prevent steep fall fm daily sup 1.0358.

Sell dlr on further recovery n only abv 1.0482
wud abort daily bearish scenario.
[more]

Although euro has eased after rising to 0.8378,
as long as 0.8350/55 holds, consolidation with mild
upside bias remains for nr term rise fm y'day's low
of 0.8313 to retrace decline fm 0.8532 to extend
marginally twd 0.8395/00 b4 retreat.

Hold long with stop as indicated, below wud
defer but reckon said 0.8313 shud remain intact.
[more]

Intra-day selloff fm 1.3755 has kept price under
pressure, suggesting consolidation with downside
bias remains for corrective decline fm y'day's high
of 1.3819 to extend twd 1.3580, however, o/sold con
dition shud keep price well abv 1.3546 today.

Trade fm short side with stop as indicated, break
wud risk 1.3715 (prev. sup, now res) b4 'down'.
[more]

As euro has risen abv good 1.3047 res due partly
to cross-buying vs yen in Europe, suggesting recent
upmove fm 1.1876 has once again resumed n further
headway to 1.3095 wud be seen but nr term o/bot con
dition shud cap price well below 1.3144.

+Buy at market with stop as indicated+, below
wud signal a top is made, 1.2995/00.
[more]

Silver's recovery fm 17.49 is expected to be cap
ped below 18.48/50 n the decline fm 19.42 top shud
resume for re-test of 17.49, then twd 17.09.

Trade fm short side with stop as indicated, abv
wud abort n risk stronger correction to 18.77...
[more]

Despite euro's intra-day resumption of upmove fm
this 107.30 (Jun) to 114.74, lack of follow through
buying n current retreat suggest consolidation is
seen but reckon 113.75 (Asia) wud contain weakness
n yield another rise later.

Wud be prudent to exit long n stand aside. Abv
said res wud extend gain to 115.00 n then 115.30/40
[more]

Despite y'day's resumption of recent upmove fm
0.8066 to a 10-wk high of 0.9069, subsequent intra-
day retreat in the commodity currencies suggests a
temp. top is possibly made n below 0.9000 wud bring
minor retrace. to 0.8940 but 0.8896 sup shud hold.

Turn cautious seller on recovery, stop as indica
ted, abv may risk marginal gain twd 0.9109 b4 down.
[more]

Although aud's retreat after y'day's resumption
of recent upmove to 0.9069 suggests a minor top is
possibly in place, a breach of nr term good sup at
0.9000 needed to bring retrace. to 0.8970/75, rec-
kon 0.8940/45 wud contain weakness n bring rebound.

Trade fm short side n exit on subsequent fall.
Abv 0.9037 signals pullback is over, 0.9069 again.
[more]

Dlr's rally abv Monday's high of 87.78 on usd's
short covering in NY suggests corrective upmove fm
86.27 has resumed n further headway to 88.02 is ex-
pected, however, near term o/bot condition shud pre
vent rise abv there n yield retreat.

Exit long in view of downside risk. Below 87.43
brings weakness to 87.26.
[more]

Despite euro's rise abv y'day's high of 0.8396,
subsequent sharp retreat fm 0.8417 suggests consoli
dation below there is in store n weakness to 0.8350
/55 is envisaged, however, reckon downside shud be
ltd n yield another upmove later.

Wud be prudent to exit short n stand aside. Abv
0.8385/90 wud yield possible re-test of high.
[more]