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Recent Recommended Trades

Tue, Jul 28 2009, 09:55 GMT

AceTrader  |  View company's profile

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Update Time:     28 Jul 2009 05:56GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8303+

Aud's breach of 09' high of 0.8265 confirm MT
uptrend has resumed n further gain to 0.8305/15 is
envisaged, however, near term loss of momentum shud
prevent strg gain beyond there n risk has increased
for a retreat later.

Buy at market with stop as indicated, below wud
risk stronger pullback twd 0.8200 b4 up...

   Rate:     +0.8303+
   Strategy:     +Target met+
   Position:     +Long at 0.8263+
   Objective:     0.8303
   Stop-Loss:     
   Resistance:     0.8312/0.8356/0.8383
   Support:     0.8265/0.8234/0.8200
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Update Time:     27 Jul 2009 14:35GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4220+

Despite marginal rise to a 7-week high of 1.4299,
subsequent retreat suggests an intra-day top has
possibly been made, further choppy trading below
major daily res at 1.4339 wud be seen n pullback to
1.4230 is likely but 1.4200 shud hold.

Turn short on recovery with stop as indicated n
only abv 1.4299 wud bring re-test of 1.4339...

   Rate:     +1.4220+
   Strategy:     +Target met+
   Position:     +Short at 1.4260+
   Objective:     1.4220
   Stop-Loss:     
   Resistance:     1.4299/1.4339/1.4402
   Support:     1.4172/1.4118/1.4062
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Update Time:     27 Jul 2009 10:37GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8685+

As euro has rebounded strongly after meeting
renewed buying at 0.8623, suggesting pullback fm
0.8675 (Friday's high) has ended there n upside
bias is seen for gain to said lvl n then re-test of
0.8692/99 res area.

Buy on dips with stop as indicated, break wud
defer bullishness n bring weakness to 0.8610/15.

   Rate:     +0.8685+
   Strategy:     +Target met+
   Position:     +Long at 0.8655+
   Objective:     0.8685
   Stop-Loss:     
   Resistance:     0.8699/0.8734/0.8796
   Support:     0.8623/0.8600/0.8573\

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Published on  Tue, Jul 28 2009, 09:58 GMT