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Recent Recommended Trades

Fri, Nov 28 2008, 06:12 GMT
by AceTrader Team

AceTrader

***************************************************
Update Time:     27 Nov 2008 06:38GMT
INTRA-DAY AUD/USD OUTLOOK - +0.6540+

As aussie has retreated after being capped below
y'day's high at 0.6554, caution is advised on our
long n 0.6460/70 must hold for prospect of another
rise, abv said res extends to 0.6580/90 but break
of 0.6618 needed to confirm upmove has resumed.

Trade fm long side with stop as indicated, below
wud prolong consolidation n risk pullback to 0.6428

   Rate:     +0.6540+
   Strategy:     +Target met+
   Position:     Long at 0.6490
   Objective:     0.6540
   Stop-Loss:     
   Resistance:     0.6554/0.6618/0.6695
   Support:     0.6479/0.6428/0.6406
***************************************************
Update Time:     26 Nov 2008 22:44GMT
DAILY EUR/CHF CROSS OUTLOOK - +1.5510+

As renewed buying at 1.5399 has lifted euro,
suggesting recent upmove wud resume after consolida
tion n abv y'day's 1.5521 high wud extend to 1.5550
/60 but loss of momentum wud cap price below 1.5600
n risk has increased for a correction later.

Hold long with stop now at break-even, below
wud signal temp. top is in place n risk 1.5399...

   Rate:     +1.5510+
   Strategy:     +Target met+
   Position:     Long at 1.5430
   Objective:     1.5510
   Stop-Loss:     
   Resistance:     1.5521/1.5559/1.5600
   Support:     1.5399/1.5350/1.5282
***************************************************
Update Time:     26 Nov 2008 14:50GMT
INTRA-DAY GBP/USD OUTLOOK - +1.5350+

Despite intra-day fall to 1.5227, current strg
rebound on cross-buying in sterling signals low has
been made there n consolidation with upside bias is
seen, however, break of 1.5445 is needed to confirm
correction fm 1.5535 (y'day's high) is over.

Turn long on dips with stop as indicated, break
wud risk weakness to 1.5250 but said sup shud hold.

   Rate:     +1.5350+
   Strategy:     +Target met+
   Position:     +Long at 1.5300+
   Objective:     +1.5350+
   Stop-Loss:     
   Resistance:     1.5310/1.5355/1.5395
   Support:     1.5227/1.5190/1.5150
*************************************************** 

Published on  Fri, Nov 28 2008, 06:15 GMT