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 USDUpdate Time: 07 Nov 2007 21:54GMT
PRE-ASIAN OPENING EUR/CHF OUTLOOK - +1.6590+
Euro's o/n retreat after meeting renewed sell-
at 1.6638/40 suggests recovery fm 1.6582 has possi-
bly ended there n consolidation with downside bias
be seen but breach of said sup needed to confirm
decline fm 1.6828 has resumed n extend to 1.6560.
Trade fm short side with stop as indicated,
break wud signal temp. low is made n risk 1.6679...
Rate: +1.6590+
Strategy: +Target met+
Position: Short at 1.6625
Objective: 1.6590
Stop-Loss:
Resistance: 1.6638/1.6679/1.6705
Support: 1.6582/1.6560/1.6516
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Update Time: 07 Nov 2007 22:13GMT
PRE-ASIAN OPENING GBP/USD OUTLOOK - +2.0990+
Cable's o/n retreat after y'day's rally to
2.0172 suggests recent upmove has possibly made a
temp. top there n consolidation with downside bias
wud be seen for a ertrace. to 2.0990, however, rec-
kon 2.0955/60 shud contain downside in Asia.
Sell at market with stop as indicated, break sig
nals pullback has ended n yields re-test of 2.1072.
Rate: +2.0990+
Strategy: +Target met+
Position: +Short at 2.1030+
Objective: 2.0990
Stop-Loss:
Resistance: 2.1072/2.1111/2.1165
Support: 2.0987/2.0955/2.0907
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Update Time: 07 Nov 2007 21:53GMT
DAILY USD/JPY OUTLOOK - +112.60+
As intra-day decline has accelerated after pene
trating 113.77 sup due to active unwinding of yen
carry trades, suggesting recent decline fm 117.95
wud extend to 112.60, a daily close below there
wud yield re-test of 07' low at 111.60 next week.
Sell again on recovery n only abv 114.10 defers
bearishness, risks 114.30/40 but 114.79 shud hold..
Rate: +112.60+
Strategy: +Target met+
Position: +Short at 113.30+
Objective: 112.60
Stop-Loss:
Resistance: 113.77/114.26/114.79
Support: 112.60/112.00/111.60
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Update Time: 07 Nov 2007 18:17GMT
DAILY EUR/JPY CROSS OUTLOOK - +165.70+
Although euro's recovery after intra-day selloff
to 165.56 suggests sideways trading wud be seen, as
long as 166.90 holds, another fall is still envisag
ed but below said lvl needed to extend decline fm
167.65 twds 164.95 sup 'later'.
Hold short with stop as indicated, abv wud defer
but 167.65 shud hold on 1st testing...
Rate: +165.70+
Strategy: +Target met+
Position: Short at 166.40
Objective: 165.70
Stop-Loss:
Resistance: 166.58/167.02/167.65
Support: 165.56/164.95/164.45
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Update Time: 07 Nov 2007 18:18GMT
AUD/JPY DAILY CROSS OUTLOOK - +105.55+
A$'s selloff fm 107.16 suggests choppy trading
below 107.82 wud continue with downside bias for
weakness to 105.50/55 but 104.99 shud hold.
Hold short with stop as indicated n only abv
107.16 wud abort present bearishness...
Rate: +105.55+
Strategy: +Target met+
Position: Short at 106.30
Objective: 105.55
Stop-Loss:
Resistance: 106.40/107.16/107.82
Support: 105.80/104.99/104.51
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Update Time: 07 Nov 2007 18:24GMT
INTRA-DAY USD/JPY OUTLOOK - +112.85+
Although dlr has recovered after early cross-
inspired selloff to 112.77, present retreat after
meeting renewed selling at 113.38/40 suggests pull-
back has possibly ended n another decline twds said
sup is seen, below wud extend to 112.60.
Trade fm short side, stop as indicated, break
wud risk retrace. to 113.68 (prev. sup)...
Rate: +112.85+
Strategy: +Target met+
Position: Short at 113.25
Objective: 112.85
Stop-Loss:
Resistance: 113.68/113.83/114.12
Support: 112.77/112.60/112.00
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Update Time: 07 Nov 2007 13:08GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1260+
Despite dlr's recovery after intra-day cross-
inspired selloff to 1.1289, this move is viewed as
a minor correction n reckon 1.1355/60 wud limit up-
side, bring another fall but below 1.1285/89 is
needed to extend decline twds 1.1250/60 'later'.
Sell +at market+ with stop as indicated n only
abv 1.1347 signals low is possibly made, 1.1380/90.
Rate: +1.1260+
Strategy: +Target met+
Position: +Short at 1.1302+
Objective: 1.1260
Stop-Loss:
Resistance: 1.1347/1.1402/1.1422
Support: 1.1250/1.1200/1.1150
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Update Time: 07 Nov 2007 13:04GMT
INTRA-DAY GBP/USD OUTLOOK - +2.1030+
As cable has retreated after intra-day cross-
inspired rally to 2.1053, minor consolidation below
there is in store but reckon renewed buying wud
emerge at 2.0980/90 n yield rebound, however, abv
said res is needed for one more rise twd 2.1080/90.
Buy on further weakness with stop as indicated
n only below 2.0949/55 confirms temp. top is made..
Rate: +2.1030+
Strategy: +Target met+
Position: +Long at 2.0990+
Objective: 2.1030
Stop-Loss:
Resistance: 2.1053/2.1111/2.1165
Support: 2.0955/2.0907/2.0861
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Update Time: 07 Nov 2007 13:05GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4715+
As euro has risen after finding renewed buying
at 1.4655/60, suggesting MT uptrend has possibly
resumed n abv 1.4705 wud extend gain twds 1.4720/30
b4 prospect of a retreat due to near term loss of
momentum.
Hold long with stop as indicated, below risks
pullback to 1.4620/30 b4 up...
Rate: +1.4715+
Strategy: +Target met+
Position: Long at 1.4680
Objective: 1.4715
Stop-Loss:
Resistance: 1.4757/1.4796/1.4846
Support: 1.4666/1.4605/1.4571
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Update Time: 07 Nov 2007 12:01GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +165.90+
Euro's recovery after intra-day selloff to 165.
94 suggests minor consolidation wud be seen but as
temp. top has been formed earlier today at 167.65,
downside bias remains for a correction of recent up
move to 165.80/90 n possibly twds 165.47.
Sell on pullback with stop as indicated, abv
wud risk 166.80/90 b4 down...
Rate: +165.90+
Strategy: +Target met+
Position: +Short at 166.25+
Objective: 165.90
Stop-Loss:
Resistance: 166.58/167.02/167.65
Support: 165.47/164.95/164.45
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Update Time: 07 Nov 2007 10:03GMT
DAILY EUR/JPY CROSS OUTLOOK - +166.25+
Euro's intra-day selloff fm 167.65 signals a
temp. top has been formed n consolidation with down
side bias is seen for retracement of recent upmove
to 166.24, break there wud extend twd 165.80/90 but
o/sold condition wud keep price abv 164.95 sup.
Turn short on recovery with stop as indicated
n only abv 167.65 risks one more rise to 168.00/10.
Rate: +166.25+
Strategy: +Target met+
Position: +Short at 166.95+
Objective: 166.25
Stop-Loss:
Resistance: 167.02/167.65/168.33
Support: 165.94/165.47/164.95
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Update Time: 07 Nov 2007 09:45GMT
DAILY USD/JPY OUTLOOK - +113.35+
Intra-day dlr's weakness due to cross unwinding
of yen carry trades suggests early fall fm 115.93
wud extend twd 113.25, however, below there needed
to retain bearishness for resumption of recent dec-
line n yield subsequent losses twd 112.60.
Hold short with stop as indicated n only abv nr
term strg res at 114.79 wud signal low is made...
Rate: +113.35+
Strategy: +Target met+
Position: Short at 114.05
Objective: 113.35
Stop-Loss:
Resistance: 113.83/114.26/114.79
Support: 113.25/112.92/112.60
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Update Time: 07 Nov 2007 09:14GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1355+
Although dlr's sideways trading after intra-day
selloff to 1.1347 is likely to continue, as price
action fm there looks corrective, reckon 1.1395/00
wud limit upside n bring resumption of decline for
re-test of said sup n then 1.1320/30.
Sell on recovery n exit on subsequent fall. Abv
1.1410 wud signal low is possibly made, 1.1430/40..
Rate: +1.1355+
Strategy: +Target met+
Position: +Short at 1.1390+
Objective: 1.1355
Stop-Loss:
Resistance: 1.1422/1.1449/1.1490
Support: 1.1347/1.1312/1.1285
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Update Time: 07 Nov 2007 09:06GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4655+
Despite euro's sideways move after early rally
to 1.4666 in Asian morning, as long as 1.4605/10
holds, intra-day upside bias remains but abv said
res needed to extend marginally to 1.4680/85 b4 pro
spect of a correction due to loss of momentum.
Remain as cautious buyer again with stop as indi
cated, below signals top is made n may risk 1.4571.
Rate: +1.4655+
Strategy: +Target met+
Position: +Long at 1.4620+
Objective: 1.4655
Stop-Loss:
Resistance: 1.4666/1.4700/1.4757
Support: 1.4605/1.4571/1.4555
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Update Time: 07 Nov 2007 04:14GMT
DAILY USD/JPY OUTLOOK - 114.20
Although dlr has remained under pressure after
meeting renewed selling below y'day's top at 114.79
, a breach of this week's low at 114.02 is needed
to extend early decline fm 115.93 twd 113.77, how-
ever, loss of momentum shud keep price abv 113.25.
Wud be prudent to exit prev. short n sell again
on subsequent recovery as 114.79 shud cap upside...
Rate: 114.20
Strategy: Exit short
Position: Short at 114.70
Objective:
Stop-Loss:
Resistance: 114.79/115.44/115.93
Support: 114.02/113.77/113.25
More winning Trades ....
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Update Time: 07 Nov 2007 02:27GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4585+
As 1.4571 has capped y'day's rally, minor conso
lidation is envisaged b4 uptrend resumes to 1.4585,
however, nr term loss of momentum shud prevent strg
gain in Asia n reckon 1.4610/15 wud cap upside.
Hold long for this move with stop as indicated
n only firm break of 1.4528/30 (prev. res) signals
top is made n risks retracement to 1.4500...
Rate: +1.4585+
Strategy: +Target met+
Position: Long at 1.4555
Objective: 1.4585
Stop-Loss:
Resistance: 1.4585/1.4625/1.4655
Support: 1.4530/1.4493/1.4467
More winning Trades ....
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Update Time: 07 Nov 2007 02:28GMT
INTRA-DAY GBP/USD OUTLOOK - +2.0910+
Despite retreating fm y'day's high at 2.0907,
as renewed buying earlier abv 2.0850 has lifted
cable, outlook remains mildly bullish for recent
erratic upmove to resume after consolidation, loss
of momentum shud cap price at 2.0935/40 in Asia.
Hold long with stop as indicated n only below
2.0821 wud confirm top is made, risk 2.0782...
Rate: +2.0910+
Strategy: +Target met+
Position: Long at 2.0875
Objective: 2.0910
Stop-Loss:
Resistance: 2.0938/2.0975/2.1000
Support: 2.0821/2.0782/2.0755
More winning Trades ....
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Update Time: 07 Nov 2007 02:28GMT
INTRA-DAY USD/JPY OUTLOOK - +114.35+
Although dlr's rebound fm 114.26 (NY low) sug-
gests further 'choppy' consolidation abv this wk's
low at 114.02 wud continue in Asia, as long as indi
cated res area at 114.82/97 holds, downside bias
remains for price to stage another retreat later.
Sell on marginal rise n only abv 115.00/05 wud
abort daily bearishness n risk gain twd 115.44...
Rate: +114.35+
Strategy: +Target met+
Position: +Short at 114.75+
Objective: 114.35
Stop-Loss:
Resistance: 114.79/114.97/115.44
Support: 114.26/114.02/113.77
More winning Trades ....
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Update Time: 07 Nov 2007 02:26GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1410+
As 1.1422 has contained y'day's selloff, minor
consolidation is envisaged b4 prospect of resump-
tion of recent downtrend, however, nr term 'loss of
momentum' shud prevent further steep fall in Asia n
reckon 1.1400/05 wud contain weakness.
Hold short for this move with stop as indicated
n only abv 1.1490 (prev. low) signals low is made..
Rate: +1.1410+
Strategy: +Target met+
Position: Short at 1.1445
Objective: 1.1410
Stop-Loss:
Resistance: 1.1490/1.1557/1.1571
Support: 1.1401/1.1382/1.1285
More winning Trades ....
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