AceTrader 1-wk TRIAL
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Update Time: 29 Nov 2006 18:25 GMT
INTRA-DAY GBP/USD OUTLOOK - +1.9445+
Failure to breach 1.9470 n present recovery sug
gests caution on our short n 1.9500/05 needs to
hold for intra-day erratic decline fm 1.9546 to re-
trace recent upmove to resume after consolidation n
below said sup wud extend weakness to 1.9440/45.
Trade fm short side, stop as indicated n only
abv 1.9446 wud extend gain twds 1.9460/70...
Rate: +1.9445+
Strategy: +Target met+
Position: Short at 1.9483
Objective: 1.9445
Stop-Loss:
Resistance: 1.9470/1.9546/1.9600
Support: 1.9426/1.9405/1.9371
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Update Time: 28 Nov 2006 18:25 GMT
DAILY AUD/USD OUTLOOK - 0.7838
Although aussie's current firmness suggests re-
cent upmove remains in progress n marginal gain is
likely, near term loss of momentum wud cap price be
low 0.7855/60 n risk has increased for a correction
later this week.
Wud be prudent to exit long n stand aside. Break
of 0.7800 signals top is made n risks 0.7763...
Rate: 0.7838
Strategy: Exit long
Position: Long at 0.7790
Objective:
Stop-Loss:
Resistance: 0.7842/0.7880/0.7910
Support: 0.7763/0.7733/0.7710
----------------------------------
Update Time: 28 Nov 2006 18:38 GMT
DAILY EUR/USD OUTLOOK - 1.3195
Although euro's intra-day firmness suggests re-
cent upmove wud extend marginally, loss of momentum
wud cap price below 1.3230/40 n risk has increased
for a correction later.
Wud be prudent to exit long n stand aside. Be-
low 1.3140/45 wud signal a temp. top is possibly
made n risk retracement twds 1.3119...
Rate: 1.3195
Strategy: Exit long
Position: Long at 1.3148
Objective:
Stop-Loss:
Resistance: 1.3205/1.3223/1.3284
Support: 1.3119/1.3086/1.3029
www.AceTraderFX.com
Update Time: 29 Nov 2006 18:25 GMT
INTRA-DAY GBP/USD OUTLOOK - +1.9445+
Failure to breach 1.9470 n present recovery sug
gests caution on our short n 1.9500/05 needs to
hold for intra-day erratic decline fm 1.9546 to re-
trace recent upmove to resume after consolidation n
below said sup wud extend weakness to 1.9440/45.
Trade fm short side, stop as indicated n only
abv 1.9446 wud extend gain twds 1.9460/70...
Rate: +1.9445+
Strategy: +Target met+
Position: Short at 1.9483
Objective: 1.9445
Stop-Loss:
Resistance: 1.9470/1.9546/1.9600
Support: 1.9426/1.9405/1.9371
More winning Trades ........
----------------------------------
Update Time: 28 Nov 2006 18:25 GMT
DAILY AUD/USD OUTLOOK - 0.7838
Although aussie's current firmness suggests re-
cent upmove remains in progress n marginal gain is
likely, near term loss of momentum wud cap price be
low 0.7855/60 n risk has increased for a correction
later this week.
Wud be prudent to exit long n stand aside. Break
of 0.7800 signals top is made n risks 0.7763...
Rate: 0.7838
Strategy: Exit long
Position: Long at 0.7790
Objective:
Stop-Loss:
Resistance: 0.7842/0.7880/0.7910
Support: 0.7763/0.7733/0.7710
More winning Trades ........
----------------------------------
Update Time: 28 Nov 2006 18:38 GMT
DAILY EUR/USD OUTLOOK - 1.3195
Although euro's intra-day firmness suggests re-
cent upmove wud extend marginally, loss of momentum
wud cap price below 1.3230/40 n risk has increased
for a correction later.
Wud be prudent to exit long n stand aside. Be-
low 1.3140/45 wud signal a temp. top is possibly
made n risk retracement twds 1.3119...
Rate: 1.3195
Strategy: Exit long
Position: Long at 1.3148
Objective:
Stop-Loss:
Resistance: 1.3205/1.3223/1.3284
Support: 1.3119/1.3086/1.3029
