AceTrader 1-wk TRIAL
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Update Time: 10 Feb 2009 03:42GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2820+
Although euro has recovered after the intra-day
cross-inspired selloff to 1.2819 n consolidation
abv there is seen, as long as 1.2890/00 holds,
downside bias remains for resumption of decline fm
y'day's high at 1.3095 to said sup n 1.2780/90.
Trade fm short side with stop as indicated, abv
wud signal low is made n risk 1.2920/30...
Rate: +1.2820+
Strategy: +Target met+
Position: Short at 1.2870
Objective: 1.2820
Stop-Loss:
Resistance: 1.2874/1.2902/1.2982
Support: 1.2747/1.2706/1.2627
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Update Time: 10 Feb 2009 03:21GMT
INTRA-DAY EUR/GBP CROSS OUTLOOK - +0.8650+
Euro's intra-day breach of last week's low at
0.8663 signals recent decline has resumed again n
further weakness twds 0.8650 n then 0.8630 is seen,
however, near term loss of momentum is likely to
limit downside.
Hold short with stop as indicated n only abv
0.8715/20 wud risk stronger recovery to 0.8740/45..
Rate: +0.8650+
Strategy: +Target met+
Position: Short at 0.8680
Objective: 0.8650
Stop-Loss:
Resistance: 0.8718/0.8778/0.8795
Support: 0.8663/0.8630/0.8578
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Update Time: 09 Feb 2009 12:58GMT
INTRA-DAY GBP/USD OUTLOOK - 1.4910
Although current anticipated rebound suggests
pullback fm 1.4940 has ended, break of said res is
needed to confirm upmove has once again resumed n
bring further gain to 1.4970 but psychological res
at 1.5000 is likely to hold.
Wud be prudent to exit long n look to buy cable
on dips as downside shud be ltd to 1.4850/60....
Rate: 1.4910
Strategy: Exit long
Position: Long at 1.4860
Objective:
Stop-Loss:
Resistance: 1.4940/1.5000/1.5050
Support: 1.4875/1.4767/1.4737
Update Time: 10 Feb 2009 03:42GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2820+
Although euro has recovered after the intra-day
cross-inspired selloff to 1.2819 n consolidation
abv there is seen, as long as 1.2890/00 holds,
downside bias remains for resumption of decline fm
y'day's high at 1.3095 to said sup n 1.2780/90.
Trade fm short side with stop as indicated, abv
wud signal low is made n risk 1.2920/30...
Rate: +1.2820+
Strategy: +Target met+
Position: Short at 1.2870
Objective: 1.2820
Stop-Loss:
Resistance: 1.2874/1.2902/1.2982
Support: 1.2747/1.2706/1.2627
******************************************************
Update Time: 10 Feb 2009 03:21GMT
INTRA-DAY EUR/GBP CROSS OUTLOOK - +0.8650+
Euro's intra-day breach of last week's low at
0.8663 signals recent decline has resumed again n
further weakness twds 0.8650 n then 0.8630 is seen,
however, near term loss of momentum is likely to
limit downside.
Hold short with stop as indicated n only abv
0.8715/20 wud risk stronger recovery to 0.8740/45..
Rate: +0.8650+
Strategy: +Target met+
Position: Short at 0.8680
Objective: 0.8650
Stop-Loss:
Resistance: 0.8718/0.8778/0.8795
Support: 0.8663/0.8630/0.8578
*******************************************************
Update Time: 09 Feb 2009 12:58GMT
INTRA-DAY GBP/USD OUTLOOK - 1.4910
Although current anticipated rebound suggests
pullback fm 1.4940 has ended, break of said res is
needed to confirm upmove has once again resumed n
bring further gain to 1.4970 but psychological res
at 1.5000 is likely to hold.
Wud be prudent to exit long n look to buy cable
on dips as downside shud be ltd to 1.4850/60....
Rate: 1.4910
Strategy: Exit long
Position: Long at 1.4860
Objective:
Stop-Loss:
Resistance: 1.4940/1.5000/1.5050
Support: 1.4875/1.4767/1.4737
