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: 05 Mar 2009 01:34GMT
INTRA-DAY USD/JPY OUTLOOK - 99.33
Although dlr has rebounded after finding
renewed buying at 98.90, a breach of y'day's high
of 99.49 is needed to confirm recent rise fm 87.10
has once again resumed for further gain to 99.75/78
but psychological res at 100.00 wud hold fm here.
Wud be prudent to exit long n look to buy again
on dips as 98.72 (prev. res) wud remain intact....
Rate: 99.33
Strategy: Exit long
Position: Long at 99.07
Objective:
Stop-Loss:
Resistance: 99.49 / 100.00/100.58
Support: 98.72 / 98.03 / 97.55
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Update Time: 04 Mar 2009 17:38GMT
DAILY EUR/JPY OUTLOOK - +125.50+
Euro's firmness after the breach of 124.24 (now
sup) signals correction fm 126.09 has indeed ended
earlier at 121.73 n upside bias is seen for re-test
of said res, however, break is needed to confirm
recent upmove has resumed.
Buy on dips with stop as indicated, below wud
prolong choppy trading n risk 123.30/40...
Rate: +125.50+
Strategy: +Target met+
Position: +Long at 124.40+
Objective: +125.50+
Stop-Loss:
Resistance: 125.55/126.09/127.32
Support: 124.24/123.36/122.40
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Update Time: 04 Mar 2009 16:51GMT
DAILY EUR/USD OUTLOOK - 1.2605
Despite intra-day anticipated rise after finding
renewed buying at 1.2541, euro's retreat fm 1.2632
suggests nr term upmove fm 1.2457 has possibly made
a top n risk is seen for weakness to 1.2570/80,
however, below said sup needed to extend to 1.2500.
In view of this, exit long n stand aside as only
abv 1.2632 wud bring retrace. of decline to 1.2678.
Rate: 1.2605
Strategy: Exit long
Position: Long at 1.2550
Objective:
Stop-Loss:
Resistance: 1.2678/1.2737/1.2811
Support: 1.2541/1.2493/1.2457
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Update Time: 04 Mar 2009 16:36GMT
EUROPEAN CLOSING AUD/USD OUTLOOK - +0.6510+
Aussie's breach of 0.6465 signals upside bias
remains for the rise fm intra-day low at 0.6285 to
retrace recent decline to extend to 0.6510/20,
however, anticipated o/bot condition shud cap price
below res at 0.6555 n yield retreat later.
Buy for this move with stop as indicated, break
wud defer n risk pullback to 0.6400/10...
Rate: +0.6510+
Strategy: +Target met+
Position: +Long at 0.6468+
Objective: 0.6510
Stop-Loss:
Resistance: 0.6555/0.6619/0.6643
Support: 0.6465/0.6404/0.6347
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Update Time: 04 Mar 2009 16:35GMT
DAILY AUD/JPY CROSS OUTLOOK - +64.55+
A$'s firmness suggests a re-test of 64.57 is seen
but break is needed to confirm recent upmove has
resumed n extend twd 65.10/20 later.
Buy at market with stop as indicated, below wud
prolong choppy trading n risk 62.90/00...
Rate: +64.55+
Strategy: +Target met+
Position: +Long at 63.85+
Objective: 64.55
Stop-Loss:
Resistance: 64.57/65.17/65.93
Support: 63.20/62.70/61.81
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Update Time: 04 Mar 2009 16:21GMT
EUROPEAN CLOSING EUR/JPY OUTLOOK - 124.81
Despite euro's anticipated firmness, a breach of
125.13 is needed to confirm the intra-day upmove fm
122.40 has resumed n yield further subsequent gain
twd 125.50/60 b4 prospect of a minor correction due
to nr term loss of momentum.
Wud be prudent to exit long n stand aside. Only
below 124.24 (prev. res) aborts daily bullishness..
Rate: 124.81
Strategy: Exit long
Position: Long at 124.50
Objective:
Stop-Loss:
Resistance: 125.13/125.55/126.09
Support: 124.24/123.83/123.20
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Update Time: 04 Mar 2009 14:08GMT
DAILY USD/CAD OUTLOOK - 1.2825
Although usd's anticipated weakness signals temp.
top is made at 1.2976 n marginal fall cannot be
ruled out, 1.2740/50 shud hold n yield rebound.
Wud be prudent to exit short at 1.2900 n stand
aside. Only abv 1.2900/10 risks re-test of 1.2976..
Rate: 1.2825
Strategy: Exit short
Position: Short at 1.2900
Objective:
Stop-Loss:
Resistance: 1.2976/1.3019/1.3098
Support: 1.2808/1.2750/1.2722
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Update Time: 04 Mar 2009 12:07GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2545+
Current rebound after intra-day brief retreat
fm 1.2541 to 1.2493 suggests further consolidation
abv 1.2457 is in store n mild upside bias is seen
for retrace. of recent decline twds 1.2565/70 but
reckon res at 1.2597 wud hold.
Turn long on dips with stop as indicated, firm
break there wud yield re-test of 1.2457...
Rate: +1.2545+
Strategy: +Target met+
Position: +Long at 1.2515+
Objective: +1.2545+
Stop-Loss:
Resistance: 1.2565/1.2597/1.2652
Support: 1.2482/1.2457/1.2423
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Update Time: 04 Mar 2009 10:26GMT
INTRA-DAY GBP/USD OUTLOOK - 1.4090
Although current breach of 1.4090 res signals
intra-day rise fm 1.3985 remains in progress n may
extend marginally to 1.4110/20, as broad outlook
is consolidative, reckon 1.4158 res wud cap upside
n yield retreat later.
Exit long n stand aside for now. Below 1.4040/
45 wud bring another fall to 1.4025/28, then 1.3999
Rate: 1.4090
Strategy: Exit long
Position: Long at 1.4055
Objective:
Stop-Loss:
Resistance: 1.4158/1.4180/1.4210
Support: 1.3985/1.3958/1.3906
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Update Time: 04 Mar 2009 08:11GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1845+
Although dlr has retreated after failing to
penetrate res at 1.1827 n minor consolidation is in
store, as long as 1.1789 minor sup holds, bullish
bias remains for recent upmove to resume n abv said
res wud extend to 1.1845/50 n possibly twd 1.1884.
Trade fm long side, stop as indicated, break
wud risk correction to 1.1750/55 b4 up...
Rate: +1.1845+
Strategy: +Target met+
Position: Long at 1.1805
Objective: 1.1845
Stop-Loss:
Resistance: 1.1850/1.1884/1.1925
Support: 1.1789/1.1731/1.1684
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Update Time: 04 Mar 2009 07:21GMT
INTRA-DAY USD/JPY OUTLOOK - +98.70+
Dlr's intra-day rebound to 98.58 suggests upmove
has possibly resumed n break of y'day's 98.60 high
wud bring re-test of 98.72, however, abv there is
needed to confirm this view n extend gain twd 99.00
later today.
Trade fm long side with stop as indicated, only
below 98.03 risks stronger retrace. to 97.75...
Rate: +98.70+
Strategy: +Target met+
Position: Long at 98.40
Objective: 98.70
Stop-Loss:
Resistance: 98.72 / 99.00 / 99.48
Support: 98.03 / 97.55 / 96.85
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Update Time: 04 Mar 2009 00:47GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2465+
Present breach of major sup at 1.2513 confirms
MT downtrend fm 1.4720 has indeed resumed n further
weakness to 1.2454/60 is envisaged, below wud bring
further weakness to 1.2423, however, nr term o/sold
condition shud limit downside to 1.2400.
Sell at market with stop as indicated, break
wud signal temp. low is made n risk 1.2548...
Rate: +1.2465+
Strategy: +Target met+
Position: +Short at 1.2505+
Objective: 1.2465
Stop-Loss:
Resistance: 1.2548/1.2597/1.2653
Support: 1.2454/1.2423/1.2400
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Update Time: 04 Mar 2009 00:49GMT
INTRA-DAY AUD/USD OUTLOOK - +0.6290+
Present selloff after the unexpectedly drop in
Australia's GDP data (0.5% decrease versus forecast
of 0.2% increase) confirms correction fm y'day's
low of 0.6286 has ended at 0.6465 n recent fall wud
resume for re-test of 0.6286 n then 0.6248 low.
Sell at market with stop as indicated, break
wud prolong choppy trading n risk 0.6385/89...
Rate: +0.6290+
Strategy: +Target met+
Position: +Short at 0.6328+
Objective: 0.6290
Stop-Loss:
Resistance: 0.6370/0.6434/0.6465
Support: 0.6286/0.6248/0.6200
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