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: 07 Jan 2009 14:06GMT
WEEKLY OUTLOOK ON NZD/USD - +0.6020+
Last wk's rise suggests retreat fm 0.6084 has
ended at 0.5660 n abv said res wud extend correct-
ive upmove fm 0.5190 low to 0.6130 n 0.6200/10.
Buy on pullback with stop as indicated n only
below 0.5660 wud confirm top is in place, 0.5580/90
Rate: +0.6020+
Strategy: +Target met+
Position: +Long at 0.5820+
Objective: 0.6020
Stop-Loss:
Resistance: 0.6084/0.6130/0.6350
Support: 0.5738/0.5660/0.5418
---------------------------------------------------------------------------
Update Time: 07 Jan 2009 20:19GMT
DAILY OUTLOOK ON NZD/USD - +0.5905+
Kiwi's fall fm 0.6035 suggests upmove fm 0.5660
has possibly made a top there n retrace. to 0.5900
/05 is likely, below wud extend twds 0.5850.
Trade fm short side with stop as indicated, abv
wud bring re-test of 0.6035...
Rate: +0.5905+
Strategy: +Target met+
Position: Short at 0.5994
Objective: 0.5905
Stop-Loss:
Resistance: 0.6035/0.6084/0.6130
Support: 0.5890/0.5808/0.5753
---------------------------------------------------------------------------
Update Time: 07 Jan 2009 13:28GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3660+
Although euro has retreated after intra-day
rise to 1.3651, current price action suggests as
long as 1.3585 holds, bullishness remains for near
term erratic upmove fm 1.3312 (y'day's low) to re-
sume to 1.3660 but reckon 1.3690 wud cap upside.
Buy with stop as indicated, break wud signal a
top has possibly been formed, 1.3545/50...
Rate: +1.3660+
Strategy: +Target met+
Position: +Long at 1.3610+
Objective: 1.3660
Stop-Loss:
Resistance: 1.3660/1.3730/1.3770
Support: 1.3543/1.3463/1.3430
---------------------------------------------------------------------------







