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 USD
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Update Time: 04 Nov 2008 15:49GMT
WEEKLY OUTLOOK ON NZD/USD - +0.6120+
Last week's rally fm 0.5352 indicates MT decline
fm 0.8215 has made a low n correction twd 0.6153 is
envisaged, abv 0.6035 res wud confirm this view.
Turn long on dips n only below 0.5748 wud risk
stronger retrace. to 0.5610/20 b4 another rebound..
Rate: +0.6120+
Strategy: +Target met+
Position: +Long at 0.5820+
Objective: 0.6120
Stop-Loss:
Resistance: 0.6153/0.6350/0.6425
Support: 0.5748/0.5667/0.5570
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Update Time: 04 Nov 2008 12:55GMT
WEEKLY OUTLOOK ON AUD/USD - +0.6925+
Aud's rally fm 0.6007 to 0.6894 last week con-
firms MT decline fm 0.9851 top has formed a low n
'choppy' consolidation with upside bias is seen for
a retrace. of aforesaid fall twd 0.6960/70 but rec-
kon 0.7239 wud remain intact n yield decline later.
Suggest to raise long entry for this move with
stop below 0.6545, break wud signal temp. top is in
place n may risk stronger pullback to 0.6540, how-
ever, downside shud be contained abv 0.6330...
Rate: +0.6925+
Strategy: +Target met+
Position: +Long at 0.6625+
Objective: 0.6925
Stop-Loss:
Resistance: 0.6929/0.7064/0.7239
Support: 0.6545/0.6330/0.6007
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Update Time: 04 Nov 2008 16:47GMT
DAILY USD/JPY OUTLOOK - 100.33
Dlr's anticipated breach of 99.79 confirms MT
upmove fm 90.87 has resumed n marignal gain abv 100
.45 is seen but nr term o/bot condition shud limit
upside to 100.90/00 n price shud falter below 101.
45/50 n yield retreat.
Wud be prudent to exit long n look to buy again
on pullback as 99.65/79 wud contain pullback...
Rate: 100.33
Strategy: Exit long
Position: Long at 99.39
Objective:
Stop-Loss:
Resistance: 100.45/101.35/102.42
Support: 99.79/ 98.30/ 97.41
***************************************************
Update Time: 04 Nov 2008 15:49GMT
WEEKLY OUTLOOK ON NZD/USD - +0.6120+
Last week's rally fm 0.5352 indicates MT decline
fm 0.8215 has made a low n correction twd 0.6153 is
envisaged, abv 0.6035 res wud confirm this view.
Turn long on dips n only below 0.5748 wud risk
stronger retrace. to 0.5610/20 b4 another rebound..
Rate: +0.6120+
Strategy: +Target met+
Position: +Long at 0.5820+
Objective: 0.6120
Stop-Loss:
Resistance: 0.6153/0.6350/0.6425
Support: 0.5748/0.5667/0.5570
***************************************************
Update Time: 04 Nov 2008 12:55GMT
WEEKLY OUTLOOK ON AUD/USD - +0.6925+
Aud's rally fm 0.6007 to 0.6894 last week con-
firms MT decline fm 0.9851 top has formed a low n
'choppy' consolidation with upside bias is seen for
a retrace. of aforesaid fall twd 0.6960/70 but rec-
kon 0.7239 wud remain intact n yield decline later.
Suggest to raise long entry for this move with
stop below 0.6545, break wud signal temp. top is in
place n may risk stronger pullback to 0.6540, how-
ever, downside shud be contained abv 0.6330...
Rate: +0.6925+
Strategy: +Target met+
Position: +Long at 0.6625+
Objective: 0.6925
Stop-Loss:
Resistance: 0.6929/0.7064/0.7239
Support: 0.6545/0.6330/0.6007
***************************************************
Update Time: 04 Nov 2008 16:47GMT
DAILY USD/JPY OUTLOOK - 100.33
Dlr's anticipated breach of 99.79 confirms MT
upmove fm 90.87 has resumed n marignal gain abv 100
.45 is seen but nr term o/bot condition shud limit
upside to 100.90/00 n price shud falter below 101.
45/50 n yield retreat.
Wud be prudent to exit long n look to buy again
on pullback as 99.65/79 wud contain pullback...
Rate: 100.33
Strategy: Exit long
Position: Long at 99.39
Objective:
Stop-Loss:
Resistance: 100.45/101.35/102.42
Support: 99.79/ 98.30/ 97.41
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