AceTrader 1-wk TRIAL
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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
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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
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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
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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
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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
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