AceTrader 1-wk TRIAL
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Update Time: 05 Jan 2009 08:26GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4500+
Although cable has rebounded on cross-selling
in sterling, loss of nr term momentum shud limit
upside to 1.4580/85 n yield retreat but break of
1.4485/90 is needed to confirm top has been formed,
bring weakness to 1.4460/65.
Sell with stop as indicated, break wud risk fur
ther gain to 1.4615/20 b4 down...
Rate: +1.4500+
Strategy: +Target met+
Position: +Short at 1.4565+
Objective: 1.4500
Stop-Loss:
Resistance: 1.4578/1.4612/1.4679
Support: 1.4455/1.4428/1.4375
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Update Time: 05 Jan 2009 08:25GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0905+
Current breach of 1.0846 res confirms recent up
move has resumed n further gain to 1.0905/10 wud be
seen, however, o/bot condition shud prevent sharp
move beyond 1.0940 n risk fm there has increased
for a retreat later.
Buy again with stop as indicated, break wud
risk 1.0790/00 b4 up...
Rate: +1.0905+
Strategy: +Target met+
Position: +Long at 1.0855+
Objective: 1.0905
Stop-Loss:
Resistance: 1.0940/1.1025/1.1070
Support: 1.0812/1.0735/1.0705
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Update Time: 05 Jan 2009 08:22GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3780+
Current breach of 1.3840 sup confirms decline
fm 1.4270 top has resumed n further weakness twds
1.3770 wud be seen, however, nr term o/sold condi-
tion shud limit downside to 1.3735/38 n risk has
increased for a rebound.
Sell with stop as indicated, break wud prolong
choppy trading n risk 1.3890/00...
Rate: +1.3780+
Strategy: +Target met+
Position: +Short at 1.3825+
Objective: 1.3780
Stop-Loss:
Resistance: 1.3870/1.3964/1.3988
Support: 1.3770/1.3738/1.3700
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Update Time: 05 Jan 2009 08:26GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4500+
Although cable has rebounded on cross-selling
in sterling, loss of nr term momentum shud limit
upside to 1.4580/85 n yield retreat but break of
1.4485/90 is needed to confirm top has been formed,
bring weakness to 1.4460/65.
Sell with stop as indicated, break wud risk fur
ther gain to 1.4615/20 b4 down...
Rate: +1.4500+
Strategy: +Target met+
Position: +Short at 1.4565+
Objective: 1.4500
Stop-Loss:
Resistance: 1.4578/1.4612/1.4679
Support: 1.4455/1.4428/1.4375
---------------------------------------------------------------------------
Update Time: 05 Jan 2009 08:25GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0905+
Current breach of 1.0846 res confirms recent up
move has resumed n further gain to 1.0905/10 wud be
seen, however, o/bot condition shud prevent sharp
move beyond 1.0940 n risk fm there has increased
for a retreat later.
Buy again with stop as indicated, break wud
risk 1.0790/00 b4 up...
Rate: +1.0905+
Strategy: +Target met+
Position: +Long at 1.0855+
Objective: 1.0905
Stop-Loss:
Resistance: 1.0940/1.1025/1.1070
Support: 1.0812/1.0735/1.0705
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Update Time: 05 Jan 2009 08:22GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3780+
Current breach of 1.3840 sup confirms decline
fm 1.4270 top has resumed n further weakness twds
1.3770 wud be seen, however, nr term o/sold condi-
tion shud limit downside to 1.3735/38 n risk has
increased for a rebound.
Sell with stop as indicated, break wud prolong
choppy trading n risk 1.3890/00...
Rate: +1.3780+
Strategy: +Target met+
Position: +Short at 1.3825+
Objective: 1.3780
Stop-Loss:
Resistance: 1.3870/1.3964/1.3988
Support: 1.3770/1.3738/1.3700
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