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

Recent Recommended Trades

Tue, Oct 20 2009, 10:19 GMT

AceTrader  |  View company's profile

******************************************************
Update Time:     20 Oct 2009 08:31GMT
INTRA-DAY GBP/USD OUTLOOK - 1.6385

Although cable has staged a minor rebound after
finding renewed buying earlier at 1.6353, as early
fall fm 1.6447 confirms an intra-day top has been
formed, 'choppy' sideways trading is envisaged but
as long as 1.6344/47 holds, upside bias remains.

Exit previous long n buy again on dips as only
below said sup wud risk stronger retrace. to 1.6303

   Rate:     1.6385
   Strategy:     Exit long
   Position:     Long at 1.6355
   Objective:     
   Stop-Loss:     
   Resistance:     1.6447/1.6470/1.6500
   Support:     1.6347/1.6303/1.6281
******************************************************
Update Time:     19 Oct 2009 21:16GMT
DAILY NZD/USD OUTLOOK - 0.7565

Kiwi's breach of last week's 09' high of 0.7496
signals MT uptrend has resumed n further gain to
indicated obj. is seen b4 correction occurs.

Wud be prudent to exit long n stand aside. Below
0.7525/30 wud signal a temp. top made, 0.7496.

   Rate:     0.7565
   Strategy:     Exit long
   Position:     Long at 0.7509
   Objective:     
   Stop-Loss:     
   Resistance:     0.7578/0.7646/0.7700
   Support:     0.7496/0.7435/0.7352
******************************************************
Update Time:     19 Oct 2009 20:21GMT
DEC T-BOND FUTURES DAILY OUTLOOK - +120.05+

T-bond's rebound fm 118.20 signals correction of
recent decline is under way for gain to 120.09 but
res at 121.04 shud cap upside n yield retreat.

Hold long with stop now at break-even n only be-
low 118.20 wud extend fall fm 123.25 top to 118.07.

   Rate:     +120.05+
   Strategy:     +Target met+
   Position:     Long at 119.05
   Objective:     120.05
   Stop-Loss:     
   Resistance:     120.09/121.04/121.23
   Support:     119.02/118.07/117.18
******************************************************
Update Time:     19 Oct 2009 14:51GMT
DAILY USD/CAD OUTLOOK - 1.0340

Despite usd's anticipated retreat fm 1.0395, a
breach of 1.0290 is needed to signal correction fm
1.0207 has ended last week at 1.0436, 1.0207 later.

Exit short at 1.0390 n look to sell again on
recovery as 1.0436 res is expected to remain intact

   Rate:     1.0340
   Strategy:     Exit short
   Position:     Short at 1.0390
   Objective:     
   Stop-Loss:     
   Resistance:     1.0395/1.0436/1.0506
   Support:     1.0290/1.0207/1.0130
******************************************************
Update Time:     19 Oct 2009 14:22GMT
INTRA-DAY AUD/USD OUTLOOK - +0.9225+

Although aussie has eased after marginal gain to
0.9229, intra-day rally fm 0.9113 (Asia) indicates
pullback fm Friday's 09' top at 0.9271 has ended
there n choppy trading with upside bias remains,
however, reckon said res wud hold fm here.

Buy on dips n only a firm break of 0.9170 wud
defer n risk weakness to 0.9141/45.

   Rate:     +0.9225+
   Strategy:     +Target met+
   Position:     +Long at 0.9190+
   Objective:     0.9225
   Stop-Loss:     
   Resistance:     0.9229/0.9241/0.9271
   Support:     0.9170/0.9141/0.9113
******************************************************
Update Time:     19 Oct 2009 08:09GMT
DAILY GBP/JPY CROSS OUTLOOK - 147.38

Although intra-day fall signals temp. top is made
last wk at 149.36, nr term o/sold condition shud
limit downside to 146.60 n risk rebound.

Wud be prudent to exit short at 148.00 n look to
sell again on recovery as 147.90/00 shud hold...

   Rate:     147.38
   Strategy:     Exit short
   Position:     Short at 148.00
   Objective:     
   Stop-Loss:     
   Resistance:     149.36/150.38/151.74
   Support:     146.60/145.43/143.88
******************************************************
Update Time:     19 Oct 2009 07:04GMT
INTRA-DAY AUD/USD OUTLOOK - +0.9205+

Aussie's rebound fm 0.9113 suggests an intra-day
low has been formed there n consolidation with is
seen with upside bias for gain to 0.9210/15, how-
ever, abv 0.9230/40 needed to confirm correction fm
0.9271 top has ended n bring re-test of said res.

Hold long with stop as indicated, below wud
abort n risk weakness to 0.9113 again.

   Rate:     +0.9205+
   Strategy:     +Target met+
   Position:     Long at 0.9170
   Objective:     +0.9205+
   Stop-Loss:     
   Resistance:     0.9228/0.9271/0.9300
   Support:     0.9141/0.9113/0.9074
******************************************************
Update Time:     19 Oct 2009 07:05GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.9165+

As euro has rebounded after trading abv last
Friday's low at 0.9094, suggesting mild upside bias
is seen for the correction of decline fm 0.9413 to
0.9155/60 but only abv 0.9175 wud abort daily bear-
ishness n yield further gain twd 0.9204.

Buy on dips with stop as indicated, below said
sup wud signal recent fall has resumed, 0.9060/70.

   Rate:     +0.9165+
   Strategy:     +Target met+
   Position:     +Long at 0.9140+
   Objective:     +0.9165+
   Stop-Loss:     
   Resistance:     0.9204/0.9238/0.9269
   Support:     0.9094/0.9078/0.9050
******************************************************
Update Time:     19 Oct 2009 06:54GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4915+

As euro has moved higher after the intra-day
rebound fm 1.4829, suggesting correction fm last
Friday's high at 1.4968 has possibly ended n abv
1.4920 (Australia) wud confirm, bring resumption of
upmove for re-test of said top later.

Raise long entry with stop as indicated, below
wud prolong consolidation n risk weakness to 1.4829

   Rate:     +1.4915+
   Strategy:     +Target met+
   Position:     +Long at 1.4880+
   Objective:     1.4915
   Stop-Loss:     
   Resistance:     1.4920/1.4968/1.5000
   Support:     1.4872/1.4843/1.4829
******************************************************
Update Time:     19 Oct 2009 01:18GMT
INTRA-DAY EUR/JPY OUTLOOK - 134.80

Euro's anticipated selloff fm 135.91 suggests
the corrective fall fm last week's 136.07 high has
resumed n marginal weakness is seen, however, near
term o/sold condition shud limit downside fm here
to 134.50/60 n yield rebound later.

Wud be prudent to exit short n stand aside. Abv
135.20/30 wud prolong choppy trading, 135.70/80.

   Rate:     134.80
   Strategy:     Exit short
   Position:     Short at 135.10
   Objective:     
   Stop-Loss:     
   Resistance:     136.07/136.47/137.00
   Support:     134.39/133.90/133.77

******************************************************

Published on  Tue, Oct 20 2009, 10:54 GMT