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: 24 Nov 2008 03:39GMT
INTRA-DAY AUD/USD OUTLOOK - 0.6255
Despite aussie's retreat after brief bounce to
0.6290, below 0.6233 is needed to signal intra-day
decline fm 0.6384 (Aust.) has resumed n extend weak
ness to 0.6190/00 n possibly twds 0.6157, otherwise
, further choppy trading is likely.
Wud be prudent to exit short n stand aside. Abv
0.6290 wud risk rebound to 0.6330/40...
Rate: 0.6255
Strategy: Exit short
Position: Short at 0.6285
Objective:
Stop-Loss:
Resistance: 0.6290/0.6343/0.6384
Support: 0.6233/0.6203/0.6157
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Update Time: 21 Nov 2008 17:08GMT
EUROPEAN CLOSING USD/JPY OUTLOOK - +95.40+
Although dlr has retreated after intra-day re-
bound to 95.25/27, as long as 94.70/75 holds, bull-
ishness remains for gain twds 95.50 but break there
is needed to signal nr term rise fm 93.55 (y'day's
low) has resumed to 95.90/00.
Trade fm long side with stop as indicated, only
below 94.43 sup wud confirm top is made...
Rate: +95.40+
Strategy: +Target met+
Position: Long at 94.90
Objective: 95.40
Stop-Loss:
Resistance: 95.50/ 96.25/ 97.12
Support: 94.43/ 94.13/ 93.55
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Update Time: 21 Nov 2008 16:00GMT
WEEKLY OUTLOOK ON GBP/USD - +1.4800+
Despite y'day's brief rally to 1.5249, failure
to penetrate 1.5260 (prev. daily sup) n subsequent
cross-inspired selloff suggests the correction fm
08' low at 1.4560 has possibly ended, a daily close
below 1.4900 wud add credence to this view n bring
further weakness to 1.4760/70 later.
Sell on recovery due to nr term o/sold condition
n only abv 1.5260 wud risk stronger retracement of
MT downtrend to 1.5370/80 b4 retreat...
Rate: +1.4800+
Strategy: +Target met+
Position: +Short at 1.5045+
Objective: 1.4800
Stop-Loss:
Resistance: 1.5092/1.5260/1.5347
Support: 1.4778/1.4646/1.4560
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Update Time: 24 Nov 2008 03:39GMT
INTRA-DAY AUD/USD OUTLOOK - 0.6255
Despite aussie's retreat after brief bounce to
0.6290, below 0.6233 is needed to signal intra-day
decline fm 0.6384 (Aust.) has resumed n extend weak
ness to 0.6190/00 n possibly twds 0.6157, otherwise
, further choppy trading is likely.
Wud be prudent to exit short n stand aside. Abv
0.6290 wud risk rebound to 0.6330/40...
Rate: 0.6255
Strategy: Exit short
Position: Short at 0.6285
Objective:
Stop-Loss:
Resistance: 0.6290/0.6343/0.6384
Support: 0.6233/0.6203/0.6157
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Update Time: 21 Nov 2008 17:08GMT
EUROPEAN CLOSING USD/JPY OUTLOOK - +95.40+
Although dlr has retreated after intra-day re-
bound to 95.25/27, as long as 94.70/75 holds, bull-
ishness remains for gain twds 95.50 but break there
is needed to signal nr term rise fm 93.55 (y'day's
low) has resumed to 95.90/00.
Trade fm long side with stop as indicated, only
below 94.43 sup wud confirm top is made...
Rate: +95.40+
Strategy: +Target met+
Position: Long at 94.90
Objective: 95.40
Stop-Loss:
Resistance: 95.50/ 96.25/ 97.12
Support: 94.43/ 94.13/ 93.55
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Update Time: 21 Nov 2008 16:00GMT
WEEKLY OUTLOOK ON GBP/USD - +1.4800+
Despite y'day's brief rally to 1.5249, failure
to penetrate 1.5260 (prev. daily sup) n subsequent
cross-inspired selloff suggests the correction fm
08' low at 1.4560 has possibly ended, a daily close
below 1.4900 wud add credence to this view n bring
further weakness to 1.4760/70 later.
Sell on recovery due to nr term o/sold condition
n only abv 1.5260 wud risk stronger retracement of
MT downtrend to 1.5370/80 b4 retreat...
Rate: +1.4800+
Strategy: +Target met+
Position: +Short at 1.5045+
Objective: 1.4800
Stop-Loss:
Resistance: 1.5092/1.5260/1.5347
Support: 1.4778/1.4646/1.4560
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