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This report has been deactivated
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Although intra-day kiwi-led selloff to 0.8564
confirms recent decline has resumed, lack of follow
through selling n present recovery suggests a temp.
low is possibly in place n abv 0.8615 (y'day's low)
wud bring stronger retrace. to 0.8630/40 later.
Stand aside for now as only below said sup wud
yield marginal weakness to 0.8530/40 b4 rebound...
Range Forecast
0.8570 / 0.8600
Resistance/Support
R: 0.8647/0.8690/0.8710
S: 0.8564/0.8513/0.8495
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0
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Forex Market Outlook on Minors/Crosses
Tue, Aug 26 2008, 02:30 GMT
by AceTrader Team
AceTrader 1-wk TRIAL
www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 USDINTRA-DAY AUD/USD OUTLOOK: 0.8585
Updating time :25 Aug 2008 23:55 GMT
Although intra-day kiwi-led selloff to 0.8564
confirms recent decline has resumed, lack of follow
through selling n present recovery suggests a temp.
low is possibly in place n abv 0.8615 (y'day's low)
wud bring stronger retrace. to 0.8630/40 later.
Stand aside for now as only below said sup wud
yield marginal weakness to 0.8530/40 b4 rebound...
Range Forecast
0.8570 / 0.8600
Resistance/Support
R: 0.8647/0.8690/0.8710
S: 0.8564/0.8513/0.8495
---------------------------------------------------
Published on Tue, Aug 26 2008, 02:32 GMT
Archive
- Forex Market Outlook on Minors/Crosses
Published On Fri, Oct 30 2009, 03:01 GMT - Forex Market Outlook on Minors/Crosses
Published On Tue, Oct 27 2009, 07:32 GMT - Forex Market Outlook on Minors/Crosses
Published On Fri, Oct 23 2009, 08:37 GMT - Forex Market Outlook on Minors/Crosses
Published On Thu, Oct 22 2009, 01:22 GMT - Forex Market Outlook on Minors/Crosses
Published On Mon, Oct 19 2009, 09:03 GMT
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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