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: 06 Mar 2009 03:23GMT
DAILY GBP/USD OUTLOOK - +1.4180+
Although cable's strg retreat fm 1.4234 to 1.4037
signals corrective rise fm 1.3958 has made a temp.
top, subsequent rebound suggests further choppy
trading abv this wk's low wud continue with upside
bias, abv 1.4234 wud bring gain twd 1.4289.
Trade fm long side with stop as indicated, break
wud risk weakness to 1.4037 n possibly 1.3995/99..
Rate: +1.4180+
Strategy: +Target met+
Position: Long at 1.4080
Objective: +1.4180+
Stop-Loss:
Resistance: 1.4234/1.4289/1.4365
Support: 1.4072/1.4037/1.3958
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Update Time: 05 Mar 2009 23:43GMT
INTRA-DAY USD/JPY OUTLOOK - 98.17
As dlr has recovered after yesterday's cross-
inspired selloff to 97.72, consolidation with mild
upside bias is seen for rebound to indicated obj.
but minor res at 98.59 shud hold fm here n yield
another decline later.
Wud be prudent to exit long n sell for day
trade. Below 97.72 extends weakness to 97.55...
Rate: 98.17
Strategy: Exit long
Position: Long at 97.85
Objective:
Stop-Loss:
Resistance: 98.59 / 98.99 / 99.69
Support: 97.72 / 97.55 / 96.85
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Update Time: 05 Mar 2009 12:06GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8930+
As euro has staged a strong rebound fm 0.8860,
suggesting temp. low has been made n consolidation
with upside bias is seen for a retrace. of decline
fm 0.9010 twd 0.8935/40, however, reckon 0.8951 res
wud remain intact n yield retreat later.
Turn long on dips with stop as indicated, below
wud abort n risk re-test of 0.8860...
Rate: +0.8930+
Strategy: +Target met+
Position: +Long at 0.8890+
Objective: 0.8930
Stop-Loss:
Resistance: 0.8951/0.8996/0.9010
Support: 0.8860/0.8835/0.8809
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