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 19:02GMT
DAILY EUR/CHF OUTLOOK - 1.4630
Euro's rebound after failing to penetrate sup
at 1.4577 suggests further consolidation abv there
is in store n risk seen for gain to 1.4696/01 but
break is needed to signal temp. low is made, bring
correction of recent decline to 1.4740/50.
Wud be prudent to exit short n stand aside as
only below said sup extends weakness to 1.4510/20..
Rate: 1.4630
Strategy: Exit short
Position: Short at 1.4685
Objective:
Stop-Loss:
Resistance: 1.4701/1.4746/1.4833
Support: 1.4577/1.4543/1.4439
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Update Time: 06 Mar 2009 13:57GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.4690+
Euro's firmness after the intra-day rebound fm
1.4577 suggests further consolidation abv there is
seen with upside bias for a correction of recent
decline to 1.4698, break there wud extend to 1.4720
/30 b4 prospect of a retreat.
Buy at market with stop as indicated, only firm
breach of 1.4629 risks possible re-test of 1.4577..
Rate: +1.4690+
Strategy: +Target met+
Position: +Long at 1.4660+
Objective: 1.4690
Stop-Loss:
Resistance: 1.4701/1.4725/1.4746
Support: 1.4629/1.4577/1.4543
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Update Time: 06 Mar 2009 14:06GMT
DAILY EUR/USD OUTLOOK - 1.2730
Although euro's anticipated breach of 1.2727
signals erratic rise fm this wk's low at 1.2457 to
retrace recent decline has resumed, o/bot condition
shud limit upside fm here to 1.2780/90 n reckon
1.2811 wud hold, yield retreat later.
Wud prudent to take profit on prev. long n only
below 1.2642 indicates top is made instead, 1.2600.
Rate: 1.2730
Strategy: Exit long
Position: Long at 1.2675
Objective:
Stop-Loss:
Resistance: 1.2746/1.2811/1.2900
Support: 1.2642/1.2584/1.2482
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