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: 16 Nov 2007 10:09GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - 160.85
Despite intra-day retreat fm around 161.15, as
long as 160.45 sup holds, further 'choppy' trading
is in store n another corrective bounce cannot be
ruled out but abv 161.35 is needed to signal temp.
low has been formed n bring retrace. to 161.50/60.
In view of nr term upside risk, exit short n
stand aside. Below 160.45 extends decline to 160.05
Rate: 160.85
Strategy: Exit short
Position: Short at 161.15
Objective:
Stop-Loss:
Resistance: 161.35/161.80/162.24
Support: 160.45/160.05/159.81
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Update Time: 15 Nov 2007 22:58GMT
DAILY OUTLOOK ON NZD/USD - +0.7530+
Y'day's selloff suggests fall fm 0.7676 to re-
trace rise fm 0.7437 remains in force n weakness to
0.7525 sup is seen, below wud extend to 0.7493.
Trade fm short side with stop abv 0.7597, break
brings gain to 0.7635 but 0.7661/76 res wud hold...
Rate: +0.7530+
Strategy: +Target met+
Position: Short at 0.7597
Objective: 0.7530
Stop-Loss:
Resistance: 0.7597/0.7676/0.7717
Support: 0.7525/0.7493/0.7437
More winning Trades ....
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Update Time: 15 Nov 2007 18:06GMT
GBP/JPY DAILY CROSS OUTLOOK - 226.55
Despite present anticipated retreat after meeting
renewed selling at 227.63, breach of 225.62 needed
to confirm decline fm 232.40 has resumed to 225.17.
Wud be prudent to exit short at 227.50. Abv 227.
63 wud signal low is possibly made, 227.93, 228.62.
Rate: 226.55
Strategy: Exit short
Position: Short at 227.50
Objective:
Stop-Loss:
Resistance: 227.63/227.93/228.81
Support: 225.62/225.17/224.26
More winning Trades ....
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Update Time: 15 Nov 2007 13:50GMT
INTRA-DAY GBP/USD OUTLOOK - +2.0445+
Cable's retreat after meeting renewed selling
below 2.0505 (prev. sup) suggests consolidation
with downside bias is seen for weakness twds 2.0440
but below is needed to signal recovery fm intra-day
low at 2.0420 has ended, bring re-test of this sup.
Sell again with stop as indicated, abv wud risk
stronger correction to 2.0530/40 b4 down...
Rate: +2.0445+
Strategy: +Target met+
Position: +Short at 2.0485+
Objective: 2.0445
Stop-Loss:
Resistance: 2.0505/2.0527/2.0574
Support: 2.0420/2.0408/2.0370
More winning Trades ....
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