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: 25 Nov 2008 03:48GMT
INTRA-DAY GBP/USD OUTLOOK - 1.5120
Despite cable's retreat after meeting minor
selling at 1.5155/60, a firm break below 1.5105 is
needed to extend the intra-day corrective decline
fm 1.5190 (Aust.) to 1.5060/65 n 1.5040, otherwise,
further choppy trading is likely.
Wud be prudent to exit intra-day short n only
abv 1.5159 wud bring another rise to said res...
Rate: 1.5120
Strategy: Exit short
Position: Short at 1.5150
Objective:
Stop-Loss:
Resistance: 1.5159/1.5190/1.5249
Support: 1.5061/1.4975/1.4949
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Update Time: 24 Nov 2008 22:01GMT
DAILY EUR/CHF CROSS OUTLOOK - +1.5470+
Euro's intra-day rally abv 1.5419/22 confirms
recent upmove has resumed n further gain to 1.5470
n possibly twds 1.5507 is envisaged, however, o/bot
condition shud cap price at 1.5559 n yield a much-
needed correction later.
Trade fm long side with stop as indicated,
break wud risk weakness to 1.5350...
Rate: +1.5470+
Strategy: +Target met+
Position: Long at 1.5350
Objective: 1.5470
Stop-Loss:
Resistance: 1.5507/1.5559/1.5600
Support: 1.5350/1.5282/1.5225
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Update Time: 24 Nov 2008 19:09GMT
INTRA-DAY EUR/GBP CROSS OUTLOOK - +0.8525+
Euro's rebound after finding renewed buying at
0.8500/05 confirms upmove fm 0.8334 has resumed n
further gain twds 0.8525 n then 0.8545 wud be seen,
however, loss of nr term upward momentum shud keep
price at 0.8568 n yield a retreat later.
Hold long with stop as indicated, below wud pro
long choppy trading n risk 0.8430/40...
Rate: +0.8525+
Strategy: +Target met+
Position: Long at 0.8480
Objective: 0.8525
Stop-Loss:
Resistance: 0.8568/0.8636/0.8675
Support: 0.8475/0.8430/0.8414
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