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: 23 Jul 2008 07:26GMT
DAILY AUD/USD OUTLOOK - 0.9675
Despite present anticipated resumption of the
corrective decline fm last week's top at 0.9851,
near term o/sold condition shud prevent steep fall
below 0.9645 n reckon sup at 0.9596 wud hold, yield
recovery later.
Wud be prudent to exit short n stand aside. Abv
0.9739 wud signal low is made, 0.9760/70...
Rate: 0.9675
Strategy: Exit short
Position: Short at 0.9735
Objective:
Stop-Loss:
Resistance: 0.9739/0.9792/0.9851
Support: 0.9645/0.9596/0.9545
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Update Time: 23 Jul 2008 06:53GMT
WEEKLY OUTLOOK ON GBP/JPY - +214.80+
Stg's rebound after meeting renewed buying at 208
.03 last wk signals recent upmove has resumed, abv
213.90 extends twds 215.00 but 216.00/10 shud hold.
Buy on pullback with stop below 211.61, break wud
prolong choppy trading n risk 210.33...
Rate: +214.80+
Strategy: +Target met+
Position: +Long at 212.20+
Objective: 214.80
Stop-Loss:
Resistance: 213.90/ 215.11/216.04
Support: 211.61/210.33/208.03
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Update Time: 23 Jul 2008 06:48GMT
WEEKLY OUTLOOK ON USD/YEN - +107.70+
Last week's cross-inspired rally fm 103.77 sug-
gests the correction fm 108.59 has ended there n
consolidation with upside bias remains for further
gain twds 107.75, however, breach of this res is
needed to confirm upmove fm 95.77 (March '08) has
'finally' resumed, 108.59 n then 109.30/40.
Buy on pullback with stop as indicated n only
below 105.29 (prev. res) aborts, risks weakness to
104.70/80 n then re-test of said sup...
Rate: +107.70+
Strategy: +Target met+
Position: +Long at 106.20+
Objective: 107.70
Stop-Loss:
Resistance: 107.75/108.59/109.48
Support: 106.05/105.29/104.76
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