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: 03 Jul 2008 14:15GMT
WEEKLY EUR/GBP CROSS OUTLOOK - +0.7975+
Another week of sideways consolidation inside
0.7766-0.8098 range is seen n as long as indicated
0.7833 sup holds, mild upside bias remains for a
bounce to 0.7975 but abv res at 0.8034/35 is needed
to retain bullishness n bring re-test of said upper
lvl next month.
Trade fm long side, stop below said sup n only
break of 0.7766 wud confirm a MT top has been made
n risk stronger correction to 0.7700...
Rate: +0.7975+
Strategy: +Target met+
Position: Long at 0.7875
Objective: 0.7975
Stop-Loss:
Resistance: 0.7998/0.8035/8.0098
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Update Time: 03 Jul 2008 16:23GMT
INTRA-DAY EUR/USD OUTLOOK - +1.5685+
Current breach of 1.5720/23 sup suggests intra-
day selloff fm 1.5910 remains in progress n further
weakness to 1.5685/87 is envisaged, however, reckon
1.5652/55 wud limit downside due to nr term o/sold
condition n yield rebound.
Sell with stop as indicated, break wud risk re-
covery to 1.5775/77 b4 down...
Rate: +1.5685+
Strategy: +Target met+
Position: +Short at 1.5719+
Objective: 1.5685
Stop-Loss:
Resistance: 1.5777/1.5858/1.5910
Support: 1.5652/1.5600/1.5570
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Update Time: 03 Jul 2008 12:40GMT
INTRA-DAY EUR/USD OUTLOOK - +1.5795+
Despite intra-day rise to 1.5910, subsequent
sharp retreat signals a temp. top has been formed
there n consolidation with downside bias is seen
for correction twds 1.5777 but break there is need-
ed to retain bearishness n extend to 1.5736.
Turn short with stop as indicated, break wud
risk 1.5885/90 but said res wud hold...
Rate: +1.5795+
Strategy: +Target met+
Position: +Short at 1.5833+
Objective: 1.5795
Stop-Loss:
Resistance: 1.5858/1.5910/1.5934
Support: 1.5777/1.5736/1.5723
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