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: 12 Jan 2009 04:23GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3380+
Despite euro's recovery fm Asian low at 1.3380,
as this move looks corrective n decline fm 1.3801
shud resume after consolidation, below said sup wud
extend twds 1.3350/55 but nr term loss of momentum
shud keep price abv 1.3312 n yield rebound later.
Hold short with stop as indicated, abv wud risk
stronger retracement twds 1.3488 (Aust.) b4 down...
Rate: +1.3380+
Strategy: +Target met+
Position: Short at 1.3430
Objective: +1.3380+
Stop-Loss:
Resistance: 1.3437/1.3488/1.3534
Support: 1.3359/1.3312/1.3242
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Update Time: 12 Jan 2009 03:46GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1185+
Despite dlr's retreat fm last Friday's high at
1.1191, renewed buying at 1.1112 has lifted dlr n
upside bias is seen for a re-test of said res, how-
ever, break there is needed to extend the rise fm
1.0865 to 1.1220/30 later today.
Hold long, stop now as indicated n only below
1.1112 wud risk correction to 1.1060/70 b4 up..
Rate: +1.1185+
Strategy: +Target met+
Position: Long at 1.1132
Objective: 1.1185
Stop-Loss:
Resistance: 1.1191/1.1206/1.1280
Support: 1.1112/1.1069/1.0975
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Update Time: 09 Jan 2009 14:02GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3570+
Despite intra-day brief bounce to 1.3754, subse
quent retreat suggests choppy trading below 1.3801
wud continue n pullback to 1.3560/70 is seen but
as broad outlook is consolidative, reckon 1.3534
sup shud contain downside n yield rebound later.
Sell at market with stop as indicated, break
wud risk gain to 1.3700/10...
Rate: +1.3570+
Strategy: +Target met+
Position: +Short at 1.3610+
Objective: 1.3570
Stop-Loss:
Resistance: 1.3656/1.3716/1.3754
Support: 1.3534/1.3430/1.3312
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