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: 29 Jan 2009 06:10GMT
WEEKLY NZD/USD OUTLOOK - +0.5150+
Kiwi's breach of 0.5190 (Nov '08) confirms MT
decline fm 0.8215 top has resumed n below 0.5165
wud extend to 0.5090/00 n 0.5000 b4 correction.
Sell on recovery with stop as suggested, abv
wud indicate low is made n risk retrace. to 0.5546.
Rate: +0.5150+
Strategy: +Target met+
Position: +Short at 0.5355+
Objective: 0.5150
Stop-Loss:
Resistance: 0.5375/0.5546/0.5660
Support: 0.5000/0.4789/0.4700
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Update Time: 29 Jan 2009 00:47GMT
INTRA-DAY AUD/USD OUTLOOK - 0.6640
Although aussie's anticipated weakness suggests
the recovery fm 0.6595 (o/n NY low) has ended n
consolidation with downside bias remains, below
said sup is needed to confirm decline fm y'day's
high at 0.6733 has resumed n extend twd 0.6560/70.
Exit short n look to sell again on recovery as
0.6682 (Aust.) shud hold...
Rate: 0.6640
Strategy: Exit short
Position: Short at 0.6680
Objective:
Stop-Loss:
Resistance: 0.6682/0.6733/0.6795
Support: 0.6595/0.6571/0.6544
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Update Time: 28 Jan 2009 23:45GMT
INTRA-DAY EUR/USD OUTLOOK - 1.3135
Despite intra-day retreat after meeting renewed
selling at 1.3180 (Aust.), below o/n NY low at 1.31
02 is needed to signal the decline fm y'day's high
at 1.3335 has resumed n extend to 1.3060/70, other-
wise, further choppy trading is likely in Asia.
Wud be prudent to exit short n stand aside as
only abv 1.3180 wud yield rebound to 1.3210/20...
Rate: 1.3135
Strategy: Exit short
Position: Short at 1.3175
Objective:
Stop-Loss:
Resistance: 1.3180/1.3213/1.3282
Support: 1.3102/1.3087/1.3035
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