• Home ::
• Technical ::
• Forex Signals ::
• Recent Recommended Trades

Recent Recommended Trades

Tue, Sep 8 2009, 03:58 GMT

AceTrader  |  View company's profile

*************************************************
Update Time:     07 Sep 2009 16:06GMT
DAILY GBP/USD OUTLOOK - +1.6365+

Despite resumption of upmove fm last week's low
at 1.6113 to 1.6445, cable's subsequent retreat
suggests a temporary top has been formed n consoli-
dation with downside bias is seen for correction to
1.6330/40 but 1.6288 sup shud contain weakness.

Trade fm short side with stop at break-even n
only abv 1.6445 risks one more rise to 1.6470/80.

   Rate:     +1.6365+
   Strategy:     +Target met+
   Position:     Short at 1.6440
   Objective:     +1.6365+
   Stop-Loss:     
   Resistance:     1.6408/1.6445/1.6522
   Support:     1.6364/1.6288/1.6237
*************************************************
Update Time:     07 Sep 2009 08:17GMT
INTRA-DAY AUD/USD OUTLOOK - +0.8560+

Aud's breach of 0.8540 (Aust.) signals MT upmove
has resumed n further gain to 0.8570/80 is seen,
however, nr term loss of momentum wud prevent sharp
move beyond there n reckon 0.8600 wud cap upside,
yield retreat later.

Trade fm long side with stop as indicated, below
wud suggest an intra-day top is made, 0.8479...

   Rate:     +0.8560+
   Strategy:     +Target met+
   Position:     Long at 0.8520
   Objective:     0.8560
   Stop-Loss:     
   Resistance:     0.8577/0.8600/0.8638
   Support:     0.8505/0.8479/0.8460
INTRA-DAY EUR/JPY OUTLOOK - 133.52
Update Time:     07 Sep 2009 03:09GMT
INTRA-DAY EUR/JPY OUTLOOK - 133.52

Although euro's anticipated firmness indicates
the erratic rise fm last week's low at 131.01 to
retrace recent decline has resumed, near term o/bot
condition shud cap upside below 133.90/00 in Asia n
risk has increased for a retreat later.

Wud be prudent to exit long n look to buy again
on dips as 132.97 (Aust.) shud remain intact...

   Rate:     133.52
   Strategy:     Exit long
   Position:     Long at 133.20
   Objective:     
   Stop-Loss:     
   Resistance:     133.91/134.15/134.50
   Support:     133.14/132.97/132.67
SPOT SILVER DAILY OUTLOOK - 16.25
Update Time:     07 Sep 2009 00:14GMT
SPOT SILVER DAILY OUTLOOK - 16.25

Silver's retreat after marginal gain to 16.35
suggests downside risk is seen for a pullback twd
16.00 but sup 15.84 wud hold n bring another rise.

Wud be prudent to exit long at 15.90 n look to
buy on dips. Abv 16.35 extends upmove twd 16.60/70.

   Rate:     16.25
   Strategy:     Exit long
   Position:     Long at 15.90
   Objective:     
   Stop-Loss:     
   Resistance:     16.35/16.88/17.46
   Support:     15.84/15.46/15.18

Published on  Tue, Sep 8 2009, 04:10 GMT