[B]DAILY USD/KRW OUTLOOK[/B]: 1082.5
30 Jan 2013 02:18GMT…
Usd’s intra-day rebound fm 1078.8 to 1084.3 suggests pullback fm Mon’s 1093.5 top has ended there n further gain to 1086.8 is envisaged.
Buy again on dips with stop as indicated n only below 1078.8 risks weakness to 1074.5 b4 recovery.
[B]STRATEGY[/B] : Buy at 1081.5
[B]OBJECTIVE[/B] : 1086.5
[B]STOP-LOSS[/B] : 1079
[B]RES[/B] : 1084.3/1086.8/1087.9
[B]SUP[/B] : 1078.8/1074.5/1070.2
[B]DAILY USD/IDR OUTLOOK[/B]: 9700
30 Jan 2013 1:44GMT…
Y’day’s breach of this month’s multi-year high at 9740 to 9750 suggests said uptrend wud extend to 9775 after consolidation but 9800 wud hold.
Trade fm long side stop as indicated, below wud bring stronger retracement to 9625.
[B]STRATEGY[/B] : Long at 9680
[B]POSITION[/B] : Long at 9680
[B]OBJECTIVE[/B] : 9760
[B]STOP-LOSS[/B] : 9690
[B]RES[/B] : 9750 / 9775 / 9800
[B]SUP[/B] : 9625 / 9590 / 9575
[B]DAILY USD/SGD OUTLOOK[/B] 1.2348
[B]30 Jan 2013[/B] 03:58GMT…
Despite usd’s retreat fm Mon’s 4-1/2 month peak of 1.2405, nr term o/sold condition wud limit weakness to 1.2320/30 n bring subsequent rebound.
Venture buying for 1.2400 1st n ony below 1.2318 may risk stronger retrace. to 1.2290/00 b4 recovery.
[B]STRATEGY[/B] : Buy at market
[B]OBJECTIVE[/B] : 1.2400
[B]STOP-LOSS[/B]: 1.2212
[B]RES[/B] : 1.2382/1.2405/1.2433
[B]SUP[/B] : 1.2331/1.2318/1.2289