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: 09 Mar 2009 23:37GMT
INTRA-DAY EUR/JPY OUTLOOK - 124.70
Although euro has rebounded fm 126.35, a rise
abv 125.05 is needed to signal pullback fm y'day's
high of 125.50 has ended n yield further gain to
125.75, break wud signal recent upmove has resumed
for re-test of major res at 126.09.
Wud be prudent to exit long n look to buy on
dips for day trade as recommended...
Rate: 124.70
Strategy: Exit long
Position: Long at 124.40
Objective:
Stop-Loss:
Resistance: 125.50/125.75/126.09
Support: 124.35/123.98/123.54
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Update Time: 09 Mar 2009 18:12GMT
DAILY EUR/CHF OUTLOOK - 1.4660
Despite intra-day selloff fm 1.4719, a breach
of 1.4618 is needed to confirm recent decline has
resumed to re-test last week's low at 1.4577 n then
1.4520/30, otherwise, further choppy trading is
likely b4 prospect of another fall later.
Wud be prudent to exit short n stand aside. Abv
1.4719 wud risk stronger correction to 1.4750/60...
Rate: 1.4660
Strategy: Exit short
Position: Short at 1.4710
Objective:
Stop-Loss:
Resistance: 1.4719/1.4746/1.4801
Support: 1.4618/1.4577/1.4543
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Update Time: 09 Mar 2009 12:48GMT
INTRA-DAY EUR/USD OUTLOOK - 1.2569
Although intra-day fall to 1.2560 suggests
erratic decline fm 1.2755 top (Friday's high)
remains in progress n weakness to 1.2540/45 is seen
, nr term o/sold condition wud limit downside to
1.2500/10 n risk has increased for a rebound.
Exit short n look to sell again on recovery as
upside wud be ltd to 1.2610/15...
Rate: 1.2569
Strategy: Exit short
Position: Short at 1.2599
Objective:
Stop-Loss:
Resistance: 1.2666/1.2728/1.2755
Support: 1.2560/1.2522/1.2457
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