Name of Company: WINDSOR BROKERS LTD
Address: Windsor Business Center
53, Spyrou Kyprianou Avenue
4004 Mesa Yitonia,
City: 3724 Limassol
Country: Cyprus
Telephone No.: 00357-25-500500
Fax No.: 00357-25-500555
Website Address: www.windsorbrokersltd.com


Contact Person: Herve Songue
Contact Person Email herve.songue@windsorbrokersltd.com

Contact Person Tel. No.: 00357-25-500500

Daily Market Report



[EUR/USD] - [USD/JPY] - [GBP/USD] - [USD/CHF] - [Nymex Oil]


11.02.2008

EUR/USD - 15:00 (GMT+2)

Has undergone a sustained decline since leaving a yearly high at 1.4956 last Friday, just beneath the 1.4968 all-time high, posted 23 Nov 07. Action was contained in a bear channel last week, but the latest rebound from 1.4440/50 has today breached the top of the channel to suggest a part retrace of 1.4956/1.4440 to a minimum of 1.4592/98, possibly 1.4653/72 before heading lower again.

GBP/USD – 09:00 (GMT+2)


Extended recovery from year's low at 1.9337, through 1.9898, to reach a new year high at 1.9960 on 30 Jan. A steady retreat followed, retracing most of the prior recovery to reach 1.9388 last Thursday, ahead of a correction higher. 1.9514 initially capped, but an extension toward 1.9554/85 now seen, where a lower top may reopening the 1.9337 year low.

Nymex Oil (Mar) – 15:00(GMT+2)

Extended recovery from last Thursday’s 86.24 low to probe recent key high 92.71. Near term market consolidates, though while over 90.45 scope for retry to clear 92.71 to open next upside target at 94.08, then 94.28, 61.8% of 99.77/85.42.

USD/CHF – 15:00 (GMT+2)


Steadily recovered from 01 Feb new all-time low at 1.0729, extending to 1.1104 last Thursday, ahead of the latest correction lower. We need to see a higher low form above last Thursday’s one at 1.0933 to maintain the immediate bull tone for a further rise toward 1.1124, 22 Jan high, possibly 1.1173/92 on a sustained break. Losing 1.0921/33 will be short-term bearish.

USD/JPY – 15:00 (GMT+2)

Extended drop from 114.66, 27 Dec high, to 104.95 on 24 Jan, ahead of a recovery to 107.90 on 25 Jan. Choppy range trading has followed and a key 105.71/91 to 107.90/95 band exists. Upswing off last Thursday’s lower rejection at 105.91 reached 107.74. Loss of 107.20 is now suggesting a retest on 105.71/91. Below would complete a multi-week bear configuration.



The information contained in this document was obtained from sources believed to be reliable, but its accuracy or completeness cannot be guaranteed. Any opinions expressed herein are in good fa ith, but are subject to change w ithout notice. No liability accepted whatsoever for any direct or consequential loss arising from the use of this document.