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● Daily Market Outlook ● Daily Technical Outlook ● Market Moving News
● Market Review ● Economic Indicators ● Our Recommended Trades
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Update Time: 13 Feb 2007 01:32GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +157.65+
Although euro has recovered after y'day's sell-
off fm 159.00 to 157.56 n sideways trading wud be
seen in Asia, reckon 158.25/28 wud limit upside n
mild downside bias is seen for another fall to 157.
56, break wud bring stronger retrace. to 157.40.
Sell at market with stop as indicated, abv wud
risk 158.50/55 but 158.85/90 shud cap upside...
Rate: +157.65+
Strategy: +Target met+
Position: +Short at 158.02+
Objective: 157.65
Stop-Loss:
Resistance: 158.38/158.62/159.00
Support: 157.56/157.23/156.91
Update Time: 12 Feb 2007 13:46GMT
GBP/JPY DAILY CROSS OUTLOOK - +236.85+
Intra-day selloff fm 238.55 indicates price re-
mains inside 235.40-238.86 range n downside bias is
seen for fall twds 236.70/80 but 236.19 shud hold.
Sell on recovery with stop +at break-even,+ abv
wud defer bearishness but 238.55 shud cap upside...
Rate: +236.85+
Strategy: +Target met+
Position: +Short at 237.35+
Objective: 236.85
Stop-Loss:
Resistance: 237.55/238.55/238.86
Support: 236.19/235.40/235.00
Update Time: 12 Feb 2007 09:53GMT
DAILY EUR/USD OUTLOOK - 1.2985
Euro's intra-day selloff fm 1.3037 indicates
further consolidation below prev. res at 1.3045 is
in store n break of 1.2975 wud extend weakness twds
1.2950/55 but o/sold condition shud keep price well
abv 1.2913 n yield choppy trading later.
Exit short n stand aside for now. Only abv 1.30
37/45 wud risk another rise twds 1.3074...
Rate: 1.2985
Strategy: Exit short
Position: Short at 1.3035
Objective:
Stop-Loss:
Resistance: 1.3045/1.3074/1.3107
Support: 1.2975/1.2913/1.2865
www.AceTraderFX.com
******************************************************Newly enhanced Home Page, come visit www.AceTraderFX.com and see these free info:
● Previous day's Market Highs & Lows ● Intraday & Daily Recommendations
● Daily Market Outlook ● Daily Technical Outlook ● Market Moving News
● Market Review ● Economic Indicators ● Our Recommended Trades
******************************************************
Update Time: 13 Feb 2007 01:32GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +157.65+
Although euro has recovered after y'day's sell-
off fm 159.00 to 157.56 n sideways trading wud be
seen in Asia, reckon 158.25/28 wud limit upside n
mild downside bias is seen for another fall to 157.
56, break wud bring stronger retrace. to 157.40.
Sell at market with stop as indicated, abv wud
risk 158.50/55 but 158.85/90 shud cap upside...
Rate: +157.65+
Strategy: +Target met+
Position: +Short at 158.02+
Objective: 157.65
Stop-Loss:
Resistance: 158.38/158.62/159.00
Support: 157.56/157.23/156.91
More winning Trades .......
---------------------------Update Time: 12 Feb 2007 13:46GMT
GBP/JPY DAILY CROSS OUTLOOK - +236.85+
Intra-day selloff fm 238.55 indicates price re-
mains inside 235.40-238.86 range n downside bias is
seen for fall twds 236.70/80 but 236.19 shud hold.
Sell on recovery with stop +at break-even,+ abv
wud defer bearishness but 238.55 shud cap upside...
Rate: +236.85+
Strategy: +Target met+
Position: +Short at 237.35+
Objective: 236.85
Stop-Loss:
Resistance: 237.55/238.55/238.86
Support: 236.19/235.40/235.00
More winning Trades .......
---------------------------Update Time: 12 Feb 2007 09:53GMT
DAILY EUR/USD OUTLOOK - 1.2985
Euro's intra-day selloff fm 1.3037 indicates
further consolidation below prev. res at 1.3045 is
in store n break of 1.2975 wud extend weakness twds
1.2950/55 but o/sold condition shud keep price well
abv 1.2913 n yield choppy trading later.
Exit short n stand aside for now. Only abv 1.30
37/45 wud risk another rise twds 1.3074...
Rate: 1.2985
Strategy: Exit short
Position: Short at 1.3035
Objective:
Stop-Loss:
Resistance: 1.3045/1.3074/1.3107
Support: 1.2975/1.2913/1.2865
