• Home ::
• Technical ::
• Forex Signals ::
• Recent Recommended Trades

• Send
• Print
• Add To
• Rss

Recent Recommended Trades

Mon, Oct 13 2008, 04:08 GMT
by AceTrader Team

AceTrader

***************************************************
Update Time:     10 Oct 2008 18:29GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +132.50+

Despite euro's recovery fm 132.40, early breach
of 134.15 signals recent decline has resumed n
as long as 133.30/40 holds, another fall twds said
sup is seen but below needed to extend weakness
twds 131.80/90 b4 prospect of a rebound.

Sell at market with stop as indicated, abv wud
risk stronger recovery twds 134.30/35 b4 down...

   Rate:     +132.50+
   Strategy:     +Target met+
   Position:     +Short at 133.15+
   Objective:     132.50
   Stop-Loss:     
   Resistance:     133.63/134.32/135.00
   Support:     132.40/131.80/131.30

***************************************************
Update Time:     10 Oct 2008 15:35GMT
EUROPEAN CLOSING EUR/JPY OUTLOOK - +135.20+

Euro's retreat after rising to 136.37 suggests
consolidation with downside bias is seen n weakness
twds 135.00 is envisaged, however, below 134.79
(prev. minor res) is needed to signal a top has
possibly been made n yield fall twds 134.35/40.

Turn short with stop as indicated, only abv said
res at 136.37 wud abort n risk 136.86...

   Rate:     +135.20+
   Strategy:     +Target met+
   Position:     +Short at 135.85+
   Objective:     135.20
   Stop-Loss:     
   Resistance:     136.37/136.86/137.29
   Support:     135.00/134.79/134.39

***************************************************
Update Time:     10 Oct 2008 14:48GMT
EUROPEAN CLOSING EUR/GBP OUTLOOK - +0.7900+

Euro's weakness after breaking indicated 0.7932
sup confirms recent upmove has made a top earlier
at 0.8070 n correction to 0.7900 wud be seen, how-
ever, nr term o/sold condition wud limit downside n
reckon 0.7887 wud hold n risk corrective bounce.

Trade fm short side, stop as indicated, break
wud risk gain twds 0.7980 but 0.8000 wud hold...

   Rate:     +0.7900+
   Strategy:     +Target met+
   Position:     Short at 0.7935
   Objective:     0.7900
   Stop-Loss:     
   Resistance:     0.7960/0.8000/0.8025
   Support:     0.7900/0.7887/0.7860

***************************************************

Published on  Mon, Oct 13 2008, 04:19 GMT