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: 02 Mar 2009 16:54GMT
DAILY EUR/JPY OUTLOOK - +122.00+
Although euro has recovered fm 121.97, this move
is viewed as a minor correction n decline fm last
week's top at 126.09 to retrace recent upmove shud
resume after consolidation, below said sup wud
encourage for further weakness to 121.40/50.
Hold short with stop as indicated, abv wud risk
rebound to 124.20/30 but 124.70 shud cap upside...
Rate: +122.00+
Strategy: +Target met+
Position: Short at 123.10
Objective: 122.00
Stop-Loss:
Resistance: 123.36/124.34/124.70
Support: 121.97/121.30/120.34
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Update Time: 02 Mar 2009 14:19GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8975+
As intra-day rise fm 0.8809 low has gathered
momentum, suggesting further gain twds 0.8982 res
is under way, however, break there is needed to
retain bullishness n extend to 0.9025/27 which is
expected to hold due to o/bot condition.
Buy dips with stop as indicated, break wud risk
0.8885/90 b4 up...
Rate: +0.8975+
Strategy: +Target met+
Position: +Long at 0.8935+
Objective: 0.8975
Stop-Loss:
Resistance: 0.8982/0.9027/0.9073
Support: 0.8860/0.8809/0.8783
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Update Time: 02 Mar 2009 12:36GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4050+
Current breach of 1.4092 sup signals recent
decline has indeed resumed n weakness to 1.4050 is
now envisaged, however, o/sold condition shud limit
downside to 1.4020 n reckon psychological sup at
1.4000 wud hold.
Sell with stop as indicated, break wud risk
recovery to 1.4150 but 1.4180 wud cap upside...
Rate: +1.4050+
Strategy: +Target met+
Position: +Short at 1.4088+
Objective: 1.4050
Stop-Loss:
Resistance: 1.4110/1.4180/1.4240
Support: 1.4030/1.4000/1.3935
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