AceTrader 1-wk TRIAL
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Update Time: 27 Nov 2006 08:13 GMT
INTRA-DAY GBP/USD OUTLOOK - +1.9390+
Despite cable's early retreat fm 1.9476, pre-
sent rebound after finding at 1.9344 suggests conso
lidation with upside bias is seen for gain twd 1.94
05/10 but reckon 1.9435/40 shud hold fm here n
yield further 'choppy' sideways trading.
Trade fm long side with stop as indicated n only
below 1.9344 wud risk stronger retrace. to 1.9303..
Rate: +1.9390+
Strategy: +Target met+
Position: Long at 1.9355
Objective: +1.9390+
Stop-Loss:
Resistance: 1.9425/1.9476/1.9500
Support: 1.9344/1.9303/1.9290
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Update Time: 24 Nov 2006 16:03 GMT
EUROPEAN CLOSING EUR/GBP OUTLOOK - +0.6780+
Euro's current rebound fm 0.6754 suggests re-
test of 0.6780/84 res wud be seen, however, break
is needed to signal recent upmove has resumed n
yield subsequent gain twds last wk's 0.6795 high.
Trade fm long side with stop as indicated. Only
a firm breach of 0.6754 wud prolong choppy trading
n risk weakness twds 0.6740/44...
Rate: +0.6780+
Strategy: +Target met+
Position: Long at 0.6760
Objective: 0.6780
Stop-Loss:
Resistance: 0.6780/0.6795/0.6819
Support: 0.6754/0.6744/0.6730
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Update Time: 24 Nov 2006 08:46 GMT
DAILY OUTLOOK ON USD/CAD - +1.1370+
As long as 1.1444 (prev. sup) holds, bearishness
remains for this wk's fall fm 1.1495 to resume, be-
low 1.1397 wud yield weakness twd target at 1.1366.
Trade fm short side, stop as indicated, abv sig-
nals correction is over n risks re-test of 1.1495..
Rate: +1.1370+
Strategy: +Target met+
Position: Short at 1.1422
Objective: 1.1370
Stop-Loss:
Resistance: 1.1382/1.1444/1.1495
Support: 1.1366/1.1345/1.1305
www.AceTraderFX.com
Update Time: 27 Nov 2006 08:13 GMT
INTRA-DAY GBP/USD OUTLOOK - +1.9390+
Despite cable's early retreat fm 1.9476, pre-
sent rebound after finding at 1.9344 suggests conso
lidation with upside bias is seen for gain twd 1.94
05/10 but reckon 1.9435/40 shud hold fm here n
yield further 'choppy' sideways trading.
Trade fm long side with stop as indicated n only
below 1.9344 wud risk stronger retrace. to 1.9303..
Rate: +1.9390+
Strategy: +Target met+
Position: Long at 1.9355
Objective: +1.9390+
Stop-Loss:
Resistance: 1.9425/1.9476/1.9500
Support: 1.9344/1.9303/1.9290
More winning Trades ........
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Update Time: 24 Nov 2006 16:03 GMT
EUROPEAN CLOSING EUR/GBP OUTLOOK - +0.6780+
Euro's current rebound fm 0.6754 suggests re-
test of 0.6780/84 res wud be seen, however, break
is needed to signal recent upmove has resumed n
yield subsequent gain twds last wk's 0.6795 high.
Trade fm long side with stop as indicated. Only
a firm breach of 0.6754 wud prolong choppy trading
n risk weakness twds 0.6740/44...
Rate: +0.6780+
Strategy: +Target met+
Position: Long at 0.6760
Objective: 0.6780
Stop-Loss:
Resistance: 0.6780/0.6795/0.6819
Support: 0.6754/0.6744/0.6730
More winning Trades ........
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Update Time: 24 Nov 2006 08:46 GMT
DAILY OUTLOOK ON USD/CAD - +1.1370+
As long as 1.1444 (prev. sup) holds, bearishness
remains for this wk's fall fm 1.1495 to resume, be-
low 1.1397 wud yield weakness twd target at 1.1366.
Trade fm short side, stop as indicated, abv sig-
nals correction is over n risks re-test of 1.1495..
Rate: +1.1370+
Strategy: +Target met+
Position: Short at 1.1422
Objective: 1.1370
Stop-Loss:
Resistance: 1.1382/1.1444/1.1495
Support: 1.1366/1.1345/1.1305
