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: 13 Nov 2008 18:18GMT
DAILY EUR/USD OUTLOOK - 1.2500
Despite euro's strg pullback fm 1.2592 to 1.2450,
subsequent rebound suggests further choppy consoli-
dation abv intra-day 1.2388 low wud be seen n gain
to 1.2540/50 cannot be ruled out but res at 1.2592
shud remain intact.
Wud be prudent to exit short n stand aside for
now. Below 1.2450 revives bearishness, 1.2388...
Rate: 1.2500
Strategy: Exit short
Position: Short at 1.2547
Objective:
Stop-Loss:
Resistance: 1.2592/1.2633/1.2756
Support: 1.2450/1.2388/1.2329
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Update Time: 13 Nov 2008 18:10GMT
DAILY USD/JPY OUTLOOK - 95.35
Lack of strg follow through selling below 95.42
suggests further choppy trading abv 94.48 low wud
be seen n a rebound to 95.75/80 cannot be ruled out
, however, res at 96.43 shud cap upside n yield
another decline later.
Wud be prudent to exit short n stand aside. Be-
low 95.00 wud encourage for re-test of 94.48...
Rate: 95.35
Strategy: Exit short
Position: Short at 96.35
Objective:
Stop-Loss:
Resistance: 96.43/ 96.75/ 98.08
Support: 95.00/ 94.48/ 93.71
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Update Time: 13 Nov 2008 19:54GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1900+
Dlr's retreat after early rise to 1.2002 sug-
gests an intra-day top has possibly been made n con
solidation with downside bias wud be seen for weak-
ness to 1.1900, however, sup at 1.1853 shud contain
downside n yield rebound later.
Sell at market with stop as indicated n only
abv 1.2002 wud abor tn extend gani to 1.2050/60...
Rate: +1.1900+
Strategy: +Target met+
Position: Short at 1.1960
Objective: 1.1900
Stop-Loss:
Resistance: 1.2002/1.2050/1.2098
Support: 1.1853/1.1819/1.1762
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