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 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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