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: 21 Jan 2009 08:10GMT
INTRA-DAY EUR/GBP CROSS OUTLOOK - 0.9346
Although euro's anticipated firmness to 0.9359
signals recent upmove remains in progress n margi-
nal gain is likely, loss of upward momentum shud
cap price at 0.9390/00 n risk retreat later.
Wud be prudent to exit long n look to buy again
on subsequent pullback as 0.9300/10 shud limit
downside n yield another rise...
Rate: 0.9346
Strategy: Exit long
Position: Long at 0.9310
Objective:
Stop-Loss:
Resistance: 0.9392/0.9441/0.9470
Support: 0.9325/0.9295/0.9264
---------------------------------------------------------------------------
Update Time: 21 Jan 2009 08:12GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - 115.85
Despite euro's anticipated weakness, a breach of
115.30 (Aust.) is needed to confirm recent decline
has resumed n extend twd 114.90/00 b4 prospect of a
rebound due to loss of momentum, otherwise, choppy
trading in in store.
Wud be prudent to exit short n stand aside. Abv
116.00/10 wud bring gain twd 116.50...
Rate: 115.85
Strategy: Exit short
Position: Short at 116.15
Objective:
Stop-Loss:
Resistance: 116.50/116.94/117.23
Support: 115.30/114.45/113.62
---------------------------------------------------------------------------
Update Time: 20 Jan 2009 16:11GMT
WEEKLY OUTLOOK ON SPOT GOLD - 863.00
Gold's strg rebound fm 802.70 suggests correction
fm 890.70 has possibly ended there n gain to 868.30
is seen, however, said res wud hold on 1st testing.
Wud be prudent to exit long at 830.00 n look to
buy again on dips as 802.70 sup wud hold fm here...
Rate: 863.00
Strategy: Exit long
Position: Long at 830.00
Objective:
Stop-Loss:
Resistance: 868.30/890.70/900.00
Support: 815.80/802.70/785.00
---------------------------------------------------------------------------







