19 Mar 2008

Report at 0800hrs SGT
GJ
A big reversal and shot pass the resistance of 200.0. The price now is 201.2 and looking at the 1 hour chart, it is above EMA200.

Should GJ can maintain above this EMA200, which will become the support, GJ can reach 203.

GU
Fed interest rate cut brought down the GU, swinging it below EMA200 at 2.0140 (1 hour chart).

Support is at 2.0003, EMA200 (daily chart), while resistance is at 2.0140 and 2.0280